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Economy in Lexington (zip 40516), Kentucky

Overview, People, Health, Economy, Housing, Rankings, Crime
Climate, Education, Transportation, Cost of Living, Religion, Voting

Economy
EconomyLexington, KYUnited States
Unemployment Rate7.90%9.10%
Recent Job Growth2.46%-0.12%
Future Job Growth37.02%31.25%
Sales Taxes6.00%6.80%
Income Taxes6.00%6.25%
Income per Cap.$34,547$27,067
Household Income$68,358$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K5.07%12.10%
Income between 15K and 25K7.36%10.18%
Income between 25K and 35K7.66%10.56%
Income between 35K and 50K13.33%14.98%
Income between 50K and 75K22.49%19.53%
Income between 75K and 100K17.81%12.52%
Income between 100K and 150K16.42%12.14%
Income between 150K and 250K3.18%3.91%
Income between 250K and 500K5.47%3.34%
Income greater than 500K1.19%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations20.45%13.81%
Professional and Related Occupations28.67%22.68%
Service11.34%14.51%
Sales and Office19.49%25.22%
Farming, Fishing, and Forestry1.76%0.68%
Construction, Extraction, and Maintenance8.79%9.37%
Production, Transportation, and Material Moving12.70%15.86%
Median Household Income

The unemployment rate in Lexington (zip 40516), KY, is 7.90%, with job growth of 2.46%. Future job growth over the next ten years is predicted to be 37.02%.

Lexington (zip 40516), KY Taxes

Lexington (zip 40516), KY,sales tax rate is 6.00%. Income tax is 6.00%.

Lexington (zip 40516), KY Income and Salaries

The income per capita is $34,547, which includes all adults and children. The median household income is $68,358.


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