Income & Economy in Lexington-Fayette urban county, KY (40502)
Median Income
$73,939
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+993
Wealth inflow
Population
26,593
Unemployment
4.3%
0.6pp above US avg
IRS migration statistics show a net inflow of about 993 for ZIP 40502 (Lexington-Fayette urban county, KY) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.
Historical Trends in 40502 (2020–Present)
Since 2020, population declined 2.7%, median income fell 6.9% (inflation-adjusted), home values increased 7.9%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $73,939 |
| Unemployment | 4.3% |
| Establishments | 720 |
| Employees | 8,878 |