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ZIP Code 40508

Primary City:Lexington, KY (View All Cities)
County: Fayette County
Timezone: Eastern (9:26pm)
Area code: 859 (Area Code Map)
Coordinates:38.05, -84.50
ZIP (~2 mile radius)

Cities in ZIP code 40508

The cities below are at least partially located in ZIP code 40508. In addition to the primary city for a ZIP code, USPS also publishes a list of other acceptable cities that can be used with ZIP code 40508. However, if you are mailing something to ZIP code 40508, you should not use any of the cities listed as unacceptable. Choose from the primary or acceptable cities when mailing your package or letter.

Primary city:
Lexington, KY

Stats and Demographics for the 40508 ZIP Code

ZIP code 40508 is located in east Kentucky and covers a slightly less than average land area compared to other ZIP codes in the United States. It also has a large population density.

The people living in ZIP code 40508 are primarily white. The number of young adults is extremely large while the number of middle aged adults is extremely small. There are also an extremely large number of single adults and an extremely small number of families. The percentage of children under 18 living in the 40508 ZIP code is extremely small compared to other areas of the country.

Population 23,569
Population Density 5,530 people per sq mi
Housing Units 10,826
Median Home Value $96,600
Land Area 4.26 sq mi
Water Area 0.00 sq mi
Occupied Housing Units 9,123
Median Household Income $20,412

Estimated Population over Time

Total Population by Age

Median Age: 24Male Median Age: 25Female Median Age: 23

Under 55-910-1415-1920-2425-2930-3435-3940-4445-4950-5455-5960-6465-6970-7475-7980-8485 Plus
Male4664494221,5513,1331,0517165975446536355543992541701076844
Female4743773671,9053,437850593487455567565478369257189139118129
Total9408267893,4566,5701,9011,3091,0849991,2201,2001,032768511359246186173

Gender

 Male 11,813 50%
 Female 11,756 50%
Gender

Race

 White 14,457 61.3%
 Black Or African American 7,151 30.3%
 American Indian Or Alaskan Native 87 0.4%
 Asian 752 3.2%
 Native Hawaiian & Other Pacific Islander 14 0.1%
 Other Race 564 2.4%
 Two Or More Races 544 2.3%
Race

Head of Household by Age

15-2425-3435-4445-5455-6465-7475-8485 Plus
Owner8328035150253930417184
Renter2,4471,50978387364532417355
Total2,5301,7891,1341,3751,184628344139

Families vs Singles

 Husband Wife Family Households 1,346 15%
 Single Guardian 1,721 19%
 Singles 3,956 43%
 Singles With Roommate 2,100 23%
Families vs Singles

Households with Kids

Average Household Size: 2
 Households without Kids 7,572 83%
 Households with Kids 1,551 17%
Households with Kids

Children by Age

1234567891011121314151617181920
Male939780948410197101669085916987737993376930916
Female102978788827773747185795971736872824921,1911,207
Total1951941671821661781701751371751641501401601411511758682,1212,123

Real Estate and Housing

ZIP code 40508 has a slightly less than average percentage of vacancies. The Census also indicates that there are one or more correctional facilities and universities nearby.

The majority of household are rented. Homes in ZIP code 40508 were primarily built in 1939 or earlier. Looking at 40508 real estate data, the median home value of $96,600 is slightly less than average compared to the rest of the country. It is also low compared to nearby ZIP codes. 40508 could be an area to look for cheap housing compared to surrounding areas. Rentals in 40508 are most commonly 1 bedrooms. The rent for 1 bedrooms is normally $500-$749/month including utilities. 2 bedrooms are also common and rent for $500-$749/month. Prices for rental property include ZIP code 40508 apartments, townhouses, and homes that are primary residences.

Housing Type

 In Occupied Housing Units 19,093 81.0%
 Correctional Facility For Adults 0 0.0%
 Juvenile Facilities 18 0.1%
 Nursing Facilities 0 0.0%
 Other Institutional 144 0.6%
 College Student Housing 3,508 14.9%
 Military Quarters 0 0.0%
 Other Noninstitutional 806 3.4%
Housing Type

Year Housing was Built

Housing Occupancy

 Owned Households With A Mortgage 1,664 15%
 Owned Households Free & Clear 650 6%
 Renter Occupied Households 6,809 63%
 Households Vacant 1,703 16%
Housing Occupancy

Vacancy Reasons

 For Rent 974 57%
 Rented & Unoccupied 27 2%
 For Sale Only 93 5%
 Sold & Unoccupied 32 2%
 For Season Recreational Or Occasional Use 65 4%
 For Migrant Workers 0 0%
 Vacant For Other Reasons 512 30%
Vacancy Reasons

Owner Occupied Home Values

Rental Properties by Number of Rooms

 Studio Apartment 665 9%
 1 Bedroom 2,422 34%
 2 Bedroom 2,028 29%
 3+ Bedroom 1,924 27%
Rental Properties by Number of Rooms

Cost of Monthly Rent Including Utilities

Cost of a Studio Apartment

Cost of a 1 Bedroom

Cost of a 2 Bedroom

Cost of a 3+ Bedroom

Employment, Income, Earnings, and Work

The median household income of $20,412 is compared to the rest of the country. It is also compared to nearby ZIP codes. While money isn't everything, ZIP code 40508 may not be as nice as other parts of town.

As with most parts of the country, vehicles are the most common form of transportation to places of employment. 40508 is extremely friendly to pedestrians/cyclists and the percentage of people using these transportation methods to commute to work are among the highest in the country. In most parts of the country, the majority of commuters get to work in under half an hour. The commute in 40508 is that short for a higher percentage of workers than almost anywhere in the United States. Many commuters should consider themselves lucky that they don't have a longer commute. It is very uncommon, compared to the rest of the US, for employees to have to travel more than 45 minutes to their place of employment.

Employment Status

 Worked Full-time with Earnings 4,749 21%
 Worked Part-time with Earnings 11,435 51%
 No Earnings 6,365 28%
Employment Status

Average Household Income over Time

Household Income

Annual Individual Earnings

Sources of Household Income

Percent of Households Receiving Income

Average Income per Household by Income Source

* Only taxable income is reported.

Household Investment Income

Percent of Households Receiving Investment Income

Average Income per Household by Income Source

* Only taxable income is reported.

Household Retirement Income

Percent of Households Receiving Retirement Income

Average Income per Household by Income Source

* Only taxable income is reported.

Source of Earnings

 Worked Full-time with Earnings 4,749 21%
 Worked Part-time with Earnings 11,435 51%
 No Earnings 6,365 28%
Source of Earnings

Means Of Transportation To Work for Workers 16 and Over

 Car, truck, or van 7,387 65.6%
 Public transportation 416 3.7%
 Taxicab 26 0.2%
 Motorcycle 0 0.0%
 Bicycle, Walked, or Other Means 3,051 27.1%
 Worked at Home 386 3.4%
Means Of Transportation To Work for Workers 16 and Over

Travel Time to Work (In Minutes)

Schools and Education

The percentage of people that did not graduate high school is among the highest in the nation. The area has some of the highest percentages of people who attended college of any ZIP.

Educational Attainment For The Population 25 Years And Over

 Less than High School Diploma 1,240 22%
 High School Graduate 2,455 44%
 Associate's degree 208 4%
 Bachelor's degree 928 17%
 Master's degree 474 9%
 Professional school degree 132 2%
 Doctorate degree 134 2%
Educational Attainment For The Population 25 Years And Over

School Enrollment (Ages 3 to 17)

 Enrolled in Public School 1,886 80.4%
 Enrolled in Private School 187 8.0%
 Not Enrolled in School 272 11.6%
School Enrollment (Ages 3 to 17)

Schools in ZIP Code 40508

ZIP Code 40508 is in the Fayette County School District. There are 8 different elementary schools and high schools with mailing addresses in ZIP code 40508.

Florence Crittenton Alternative School
519 West Fourth St
Lexington, KY 40508
Grade Level: Other/Combined or Ungraded
District: Fayette County School District
Lexington Trad Magnet School
350 North Limestone St
Lexington, KY 40508
Grade Level: Middle/Elementary
District: Fayette County School District
Maxwell Spanish Immersion Elementary School
301 Woodland Ave
Lexington, KY 40508
Grade Level: Primary/Elementary
District: Fayette County School District
Booker T Washington Academy Elementary
707 Howard St
Lexington, KY 40508
Grade Level: Primary/Elementary
District: Fayette County School District
William Wells Brown Elementary
555 East Fifth St
Lexington, KY 40508
Grade Level: Primary/Elementary
District: Fayette County School District
Montessori High School of Kentucky
472 Rose St
Lexington, KY 40508
Grade Level: Other/Secondary
District: Private
Good Shepherd Day School
544 Sayre Ave
Lexington, KY 40508
Grade Level: Primary/Elementary
District: Private
Providence Montessori School
1209 Texaco Rd
Lexington, KY 40508
Grade Level: Primary/Elementary
District: Private

Nearby ZIP Codes