Zip 40509 (Lexington-Fayette, KY) Economy


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equestId":"1815b7ed-ba8e-4825-bcc8-33889ef6db22","resource":"content","data":[{"id":"txt_6477fe25759246dba60a299aba065333","text":", attractions and prices\n \nThe city of 40509 Lexington-Fayette, KY is a vibrant city with plenty of attractions to explore. The 2 bedroom rent in this area is around $1,200 which is slightly lower than the US average of $1,430. Grocery Cost Index in this area is also relatively low at 100 compared to the national average. The city has plenty of local companies including Bluegrass Armory, Green Thumb Nursery, and Evergreen Landscaping that offer services such as weapons sales, gardening supplies, and landscape designs. There are also many attractions in the area such as Raven Run Nature Sanctuary where visitors can explore over 700 acres of nature trails; Shaker Village of Pleasant Hill which offers tours and interactive exhibits about the life and culture surrounding the old Shaker community; and the Kentucky Horse Park which allows visitors to take guided tours of its grounds and admire various horse breeds from around the world. All these attractions can be enjoyed at reasonable prices within 40509 Lexington-Fayette, KY!

Lexington-Fayette (zip 40509) has an unemployment rate of 4.3%. The US average is 6.0%.

Lexington-Fayette (zip 40509) 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 40509)
- The Sales Tax Rate for Lexington-Fayette (zip 40509) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Lexington-Fayette (zip 40509) 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 40509)
- The average income of a Lexington-Fayette (zip 40509) resident is $45,838 a year. The US average is $37,638 a year.
- The Median household income of a Lexington-Fayette (zip 40509) resident is $82,691 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLexington-Fayette, KentuckyUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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