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40507 Map

40507 Income Statistics

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Comparison to Surrounding Areas

40507 Median Household Income

The median household income ($45,000) for 40507 is less than the median household income for 40502 ($70,687), Fayette County ($66,087), and Lexington-Fayette urban county ($66,087). But it's more than 40508 ($27,711).

40507$45,000
Lexington-Fayette urban county$66,087
Fayette County$66,087

40507 Average Household Income

The average household income ($87,401) for 40507 is less than the average household income for 40502 ($126,159), Fayette County ($96,124), and Lexington-Fayette urban county ($96,124). But it's more than 40508 ($50,430).

40507$87,401
Lexington-Fayette urban county$96,124
Fayette County$96,124

40507 Per-Capita Income

The per-capita income for 40507 is $57,897. The per capita income ($57,897) for 40507 is less than the per capita income for 40502 ($60,976). But it's more than 40508 ($22,260), Fayette County ($40,953), and Lexington-Fayette urban county ($40,953).

40507$57,897
Lexington-Fayette urban county$40,953
Fayette County$40,953

40507 High Income Households

8.2% of households make over $200,000 a year. The percent high income households (8.2%) for 40507 is more than 40502 (17.7%), 40508 (3.1%), Fayette County (9.4%), and Lexington-Fayette urban county (9.4%).

405078.2%
Lexington-Fayette urban county9.4%
Fayette County9.4%

40507 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
40507$-1$93,500$30,643$35,603
Lexington-Fayette urban county$25,833$71,960$85,134$59,409
Fayette County$25,833$71,960$85,134$59,409

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About the Data

Sources & Margins of Error

All income statistics above are the most current, comparable income statistics available from the US Census Bureau and are from the American Community Survey 2022 5-year estimates. You can find this information and other demographics for 40507 on the US Census Bureau’s website. These values are in 2022 inflation-adjusted dollars and were downloaded on 7 December 2023.

The following data tables were used:

  • B19001 Household Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
  • B19013 Median Household Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
  • B19301 Per Capita Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
  • S1902 Mean Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
  • B19049 Median Household Income in the Past 12 Months (in 2022 inflation-adjusted dollars) By Age Of Householder

Margins of error for the above income data are:

Median Household Income Average Household Income Per Capita Income High Income Households Median Household Income by Age of Householder
under 25 25 to 44 45 to 64 65+
40507+/-$13,993+/-$20,053+/-$14,340+/-5.0%+/-$-1+/-$56,297+/-$30,565+/-$9,018
Lexington-Fayette urban county+/-$1,966+/-$2,245+/-$915+/-0.6%+/-$2,377+/-$2,700+/-$4,065+/-$2,659
Fayette County+/-$1,966+/-$2,245+/-$915+/-0.6%+/-$2,377+/-$2,700+/-$4,065+/-$2,659