Income & Economy in Lexington-Fayette urban county, KY (40505)
Median Income
$58,922
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+965
Wealth inflow
Population
25,855
Unemployment
5.2%
1.5pp above US avg
IRS migration statistics show a net inflow of about 965 for ZIP 40505 (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 40505 (2020–Present)
Since 2020, population declined 2.1%, median income rose 15.6% (inflation-adjusted), home values increased 12.8%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $58,922 |
| Unemployment | 5.2% |
| Establishments | 748 |
| Employees | 13,166 |