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ZIP Code 40516
Lexington-Fayette, KY, Fayette County
Population
2,926
Land area
30.7sq mi
People per sq mi
95
City
Lexington-Fayette
ZIP 40516 and nearby ZIP codes
ZIP 40516 at a glance
- The median household income is $84,510, 33% above the Kentucky median of $63,726.
- A typical owner-occupied home is valued at $264,100 (28% above Kentucky) and median rent is $1,114 a month.
Local data for ZIP 40516
Counts from official public data
Housing and community stats
ZIP 40516, American Community Survey 2020-2024
Median household income
$84,510
Poverty rate
15.5%
Median home value
$264,100
Prices +4.8% in a year
Median rent
$1,114/mo
Homeownership
81.3%
Bachelor's or higher
38.2%
Median age
38.7
Average commute
26.6 min
Economy and federal money
Businesses, pandemic loans and political donations
Business establishments
50
ZIP Business Patterns 2023
Employees
1,791
$142M annual payroll
PPP loans
$2.6M
97 loans
Campaign donations
$91.1K
31% D, 43% R, 2026 cycle
Environment and hazard risk
ZIP 40516, from FEMA, NOAA and EPA
Natural hazard risk
Relatively Moderate
Top: tornado
Storm events since 1996
452
Countywide, mostly thunderstorm wind
Flood insurance policies
365
0.4% of homes, county
July high / Jan low
87° / 25°F
49.8 inches of rain a year
Frequently asked questions
- What city is ZIP code 40516?
- ZIP code 40516 is in Lexington-Fayette, KY (Fayette County).
- What county is ZIP code 40516 in?
- ZIP code 40516 is mostly in Fayette County, Kentucky.
- How many people live in ZIP code 40516?
- About 2,926 people live in the 40516 ZIP Code Tabulation Area, based on American Community Survey 5-year estimates.
Source: U.S. Census Bureau (ZIP Code Tabulation Areas, American Community Survey) · Data as of 12/31/2023. ZIP Code Tabulation Areas closely match, but are not identical to, USPS ZIP code delivery areas.