Income & Economy in Lexington-Fayette urban county, KY (40507)
Median Income
$34,543
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+83
Wealth inflow
Population
2,225
Unemployment
1.2%
2.5pp below US avg
IRS migration statistics show a net inflow of about 83 for ZIP 40507 (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 40507 (2020–Present)
Since 2020, population grew 33.2%, median income fell 5.8% (inflation-adjusted), home values increased 20.8%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $34,543 |
| Unemployment | 1.2% |
| Establishments | 686 |
| Employees | 9,224 |