40502 Lexington-Fayette, KY is a great place to find affordable 2 Bedroom Rent. The cost of a 2 bedroom rent in 40502 Lexington-Fayette, KYis around $1,220 compared to the US average of $1,430. This makes 40502 Lexington-Fayette a great area for individuals or families who are looking for an affordable housing option. Furthermore, the grocery cost index in 40502 Lexington-Fayette is slightly higher than the US average at 104 versus 100 in the US. There are numerous local companies that offer rentals in 40502 Lexington-Fayette such as Paramount Properties Management Group LLC, Domaine Properties LLC, and Bluegrass Property Management. Rent costs through these companies typically range from $995 - $1,400 per month depending on size and amenities offered at each property.
Lexington-Fayette (zip 40502) has an unemployment rate of 4.3%. The US average is 6.0%.
Lexington-Fayette (zip 40502) has seen the job market decrease by -4.5% over the last year. Future job growth over the next ten years is predicted to be 37.8%, which is higher than the US average of 33.5%.
Tax Rates for Lexington-Fayette (zip 40502)
- The Sales Tax Rate for Lexington-Fayette (zip 40502) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Lexington-Fayette (zip 40502) is 8.6%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Lexington-Fayette (zip 40502)
- The average income of a Lexington-Fayette (zip 40502) resident is $56,752 a year. The US average is $37,638 a year.
- The Median household income of a Lexington-Fayette (zip 40502) resident is $67,778 a year. The US average is $69,021 a year.