ZIP Code 40516 in Lexington, KY

Data Last Updated: October 1, 2025
City:Lexington, Kentucky
Counties:Fayette County[Primary]
Bourbon County
Timezone:Eastern (GMT -05:00)
Local Time:11:26:42 PM
Population:2,795 [See All]
Area Code:859
Classification:Standard [Normal Street Delivery]
Coordinates:38.0821, -84.3687
Land Area:30.69 sq mi
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Population & Demographics


ZIP Code 40516 has 2,795 residents and 1,142 households (average 2.41 persons per household). The median age is 41.5 years, slightly older than the state (39.4) and slightly older than the nation (38.8). The gender split is 48.7% male and 51.3% female, which is about the same as the state male share (49.2%), making this a female-majority area. Largest groups are White (70.2%, much lower than the state average of 82.4% and well above the national average of 61.6%) and Black or African American (14.0%, higher than the state average of 8.0%); Hispanic or Latino residents make up 12.0%, which is much higher than the state average (4.6%).

Explore More:Population Over TimeBy Age & GenderBy RaceBy GenderNativity & Citizenship

Source: U.S. Census 2020 Demographics & Housing Characteristics (DHC) and U.S. Census 2011-2023 American Community Survey (ACS) 5-Year Estimates.
2020 Population:2,795Source: Census DHC
2023 ACS Population Estimate:2,809Source: Census ACS
2025 ZC Population Estimate:2,831Source: ZIP-Codes.com
Population Density:91.1 people per sq mile
Average Income:$85,655Source: Census ACS
Households:1,142Source: Census DHC
Average House Value:$249,800Source: Census ACS
Persons Per Household:2.41Source: Census DHC
Average Family Size:2.71Source: Census ACS

Population Over Time (with 2010 & 2020 Census Benchmarks)


Group20102011210220132014201520162017201820192020202120222023
Census ACS Population Estimate--2,5772,5042,5962,8832,9792,9643,1343,3643,3033,4462,7732,7582,809
Decennial Census2,877------------------2,795------
Source: U.S. Census 2011-2023 American Community Survey 5-Year Estimates. DP05. DEMOGRAPHIC AND HOUSING ESTIMATES

Population by Age & Gender (Total, Male, Female)


Median Age: 41.5

Male Median Age: 42.1

Female Median Age: 41

Group< 55-910-1415-1920-2425-2930-3435-3940-4445-4950-5455-5960-6465-6970-7475-7980-8485+
Male89847310260727281919586931058777423716
Female659276687693116115957110393869369452948
Total154176149170136165188196186166189186191180146876664
Source: U.S. Census Bureau (2020) Demographics & Housing Characteristics (DHC)

Population by Race


White:1,96367.41%
Black:39213.46%
Hispanic:*33611.54%
Asian:200.69%
American Indian:140.48%
Hawaiian:00%
Other:1876.42%
Total:2,912100%
Source: U.S. Census Bureau (2020) Demographics & Housing Characteristics (DHC)
* NOTE: Hispanic or Latino is an ethnicity, not a race. This means individuals who identify as Hispanic will also be included in one of the race categories (such as White or Black). As a result, the totals shown here may exceed 100% when Hispanic is displayed alongside racial groups.

Gender Breakdown


GenderCount%Median Age
Males:1,36248.73%42.1 years
Females:1,43351.27%41.0 years
Total:2,795100%41.5 years
Source: U.S. Census Bureau (2020) Demographics & Housing Characteristics (DHC)

Nativity & Citizenship


Native, born in the United States:2,72296.90%
Native, born in PR, Island Areas, or abroad:100.36%
Foreign born, naturalized U.S. citizen:321.14%
Foreign born, not a U.S. citizen:452.74%
Total Population:2,809100%
Total Native Population:2,73297.26%
Total Foreign-born Population:772.74%
Source: U.S. Census 2019-2023 American Community Survey 5-Year Estimates. Table DP02. SELECTED SOCIAL CHARACTERISTICS
Note: Nativity and Citizenship derived from American Community Survey (ACS) 5-year estimates. Total Population listed here will not match official ZIP Code population totals, which are based on the Decennial Census.

Income & Employment


In 2023, the Median household income is $85,655, which is much higher than the state median ($62,417), is up $26,766 (45.5%) since 2011 and above its 2019 pre-pandemic level by $16,671. Family households earn a median of $121,964 versus $57,875 for nonfamily households (a difference of $64,089). By gender, male median income is $64,397 and female is $59,236, which is much higher than the state female median ($45,769), with a current gap of $5,161 that has widened from 2011 to 2023. The labor-force participation rate is 68.0%, which is much higher than the state rate (59.6%). The unemployment rate is 1.6%, which is considerably lower than the national rate (5.2%). The largest occupation group is Management (50.5%).

Explore More:Income Over TimeHousehold IncomeEmployment StatusBy Occupation

Source: U.S. Census 2011-2023 American Community Survey 5-Year Estimates. Using data from Tables DP02, DP03, DP04 and DP05.

Median Income Over Time (Household, Family, Nonfamily, Male, Female)


Income Type2011201220132014201520162017201820192020202120222023
Median Household Income$58,889$60,208$60,833$59,167$67,386$64,375$69,125$67,583$68,984$77,717$81,150$84,836$85,655
Median Family Income$67,917$69,432$70,212$65,104$73,920$73,370$75,741$80,500$79,521$90,972$105,455$114,653$121,964
Median NonFamily Income$47,772$44,688$46,375$46,333$46,845$54,435$54,583$46,528$47,337$49,063$50,625$56,750$57,875
Median Male Income$44,505$49,194$49,792$42,083$46,950$45,650$45,426$41,622$42,292$54,365$52,639$60,625$64,397
Median Female Income$43,234$42,729$37,019$46,204$47,042$51,087$54,226$49,643$48,750$53,618$50,352$56,786$59,236
Source: U.S. Census 2011-2023 American Community Survey 5-Year Estimates. DP03. SELECTED ECONOMIC CHARACTERISTICS

Average Household Income


Source: U.S. Census 2019-2023 American Community Survey 5-Year Estimates. Table DP03. SELECTED ECONOMIC CHARACTERISTICS

Employment Status


Employed:1,38666.89%
Unemployed:221.06%
Not In Labor Force:66432.05%
Total:2,072100%
Source: U.S. Census 2019-2023 American Community Survey 5-Year Estimates. Table DP03. SELECTED ECONOMIC CHARACTERISTICS

Employment by Occupation (Civilian Employed Population, 16 and Over)


Management, business, science, and arts:70050.51%
Service:1208.66%
Sales and Office:22316.09%
Natural resources, construction, and maintenance:1389.96%
Production, transportation, and material moving:20514.79%
Total Civilian Employed Population:1,386100%
Source: U.S. Census 2019-2023 American Community Survey 5-Year Estimates. Table DP03. SELECTED ECONOMIC CHARACTERISTICS.

Housing & Affordability


In 2023, the median home value is $249,800, which is far above the state median ($192,300), is up $79,800 (46.94%) since 2011 and above its 2019 pre-pandemic level by $82,600. The median gross rent is $1,166, which is considerably higher than the state median ($933), is up $308 (35.90%) since 2011 and above its 2019 pre-pandemic level by $203. Of occupied housing, owners make up 82.02% (65.56% with a mortgage, 34.44% free-and-clear) and renters 17.98% - making this ZIP Code more home ownership than the state and under national rental averages. The vacancy rate is 2.65%, which is markedly below the state rate (10.88%).

Explore More:Compare Home ValueHome Value Over TimeRent & Over TimeHousing Occupancy

Source: U.S. Census 2011-2023 American Community Survey 5-Year Estimates. Using data from Table DP03, SELECTED ECONOMIC CHARACTERISTICS.

Median Home Value (Comparison)


Source: U.S. Census 2019-2023 American Community Survey 5-Year Estimates. Table DP04. SELECTED HOUSING CHARACTERISTICS

Median Home Value Over Time


Group2011210220132014201520162017201820192020202120222023
Median Home Value$170,000$164,100$166,500$165,500$161,100$164,400$167,200$168,900$167,200$177,600$181,600$214,400$249,800
Source: U.S. Census 2011-2023 American Community Survey 5-Year Estimates. DP04. SELECTED HOUSING CHARACTERISTICS

Gross Rent Paid


Less than $500:00.00%
$500 to $999:4422.22%
$1,000 to $1,499:9547.98%
$1,500 to $1,999:2211.11%
$2,000 to $2,499:00.00%
$2,500 to $2,999:00.00%
$3,000 or more:00.00%
No Rent:3718.69%
Total:198100%
Source: U.S. Census 2019-2023 American Community Survey 5-Year Estimates. Table DP04. SELECTED HOUSING CHARACTERISTICS

Median Gross Rent Over Time


Group2011210220132014201520162017201820192020202120222023
Median Rent$858$806$771$888$910$959$926$924$963$1,252$1,024$1,071$1,166
Source: U.S. Census 2011-2023 American Community Survey 5-Year Estimates. DP04. SELECTED HOUSING CHARACTERISTICS

Housing Occupancy


Owner Occupied (with mortgage):59253.77%
Owner Occupied (free and clear, no mortgage):31128.25%
Renter Occupied:19817.98%
Total Occupied Housing Units:1,101100%

Occupied Housing Units:1,10197.35%
Vacant Housing Units (not graphed):302.65%
Total Housing Units:1,131100%
Source: U.S. Census 2019-2023 American Community Survey 5-Year Estimates. Table DP04. SELECTED HOUSING CHARACTERISTICS

Housing Type (Single-Family, Multi-Family, Other)


Single-Family Units:1,01089.30%
Multi-Family Units:534.69%
Other Units:686.01%
Total Housing Units:1,131100%
Source: U.S. Census 2019-2023 American Community Survey 5-Year Estimates. Table DP04. SELECTED HOUSING CHARACTERISTICS

Education, Health & Community


In 2023, 38.20% of adults (25+) have a bachelor's degree or higher, which is markedly above the state rate (27.00%). High school or higher is 93.70%, which is markedly above the state rate (88.50%). The uninsured rate is 6.00%, which is comparable to the national rate (8.60%). The share of people in poverty is 8.40%, which is on par with the state rate (11.80%), up 3.00 percentage points since 2011 and above its 2019 pre-pandemic level by 1.90 percentage points. This points to rising hardship - a weaker consumer base, greater strain on public services, and job-market headwinds. Among residents ages 3+, the largest enrollment group is elementary (33.83%). College enrollment is 11.18%, which is far lower than the national rate (26.70%), indicating the community may be more oriented toward vocational/trade or direct-to-workforce opportunities.

Explore More:Educational AttainmentHealth InsurancePoverty Over TimeSchool Enrollment

Source: U.S. Census 2011-2023 American Community Survey 5-Year Estimates. Using data from Tables DP02 and DP03.

Educational Attainment of Adults (25 and Older)


Less than 9th grade:683.62%
9th to 12th grade, no diploma:502.66%
High school graduate (includes equivalency):40221.42%
Some college, no degree:44923.92%
Associate's degree:19110.18%
Bachelor's degree:46624.83%
Graduate or professional degree:25113.37%
Total:1,877100%
High school or higher:1,75993.71%
Bachelor's degree or higher:71738.20%
Source: U.S. Census 2019-2023 American Community Survey 5-Year Estimates. Table DP02. SELECTED SOCIAL CHARACTERISTICS

Health Insurance Coverage by Type (Private, Public, Uninsured)


Private Insurance:1,93361.88%
Public Insurance:1,02432.78%
No Insurance:1675.35%
Total:3,124100%
Has Health Insurance:2,95794.65%
Source: U.S. Census 2019-2023 American Community Survey 5-Year Estimates. Table DP03. SELECTED ECONOMIC CHARACTERISTICS

Percentage of People in Poverty Over Time (2011-2023)


Group2011210220132014201520162017201820192020202120222023
% of People in Poverty5.4%3.6%1.8%3.9%4.8%4.6%5.1%6.0%6.5%8.8%11.5%11.7%8.4%
Source: U.S. Census 2011-2023 American Community Survey 5-Year Estimates. DP03. SELECTED ECONOMIC CHARACTERISTICS

Note: Counts of Families & People in poverty are not published at the ZIP Code level due to small sample sizes. Percentages shown are survey estimates from the American Community Survey (ACS). They may differ from official poverty statistics. The U.S. Census Bureau defines poverty status by comparing a family's or individual's total income with federal poverty thresholds that vary by family size and composition.

School Enrollment by Education Level (Ages 3 and Older)


Nursery School, Preschool:10515.65%
Kindergarten:10515.65%
Elementary school (grades 1-8):22733.83%
High school (grades 9-12):15923.70%
College or graduate school:7511.18%
Total:671100%
Early Childhood:21031.30%
K-12 (Primary & Secondary School):49173.17%
Source: U.S. Census 2019-2023 American Community Survey 5-Year Estimates. Table DP02. SELECTED SOCIAL CHARACTERISTICS

Business & Employment Statistics


ZIP Code 40516 supports both business and residential activity. According to the Business Census (2023), there are 50 business establishments, employing about 1,791 people with an annual payroll of $142,019,000. USPS data shows 1,175 residential mailboxes and 39 business mailboxes, reflecting local delivery coverage.

# Residential Mailboxes:1,175Source: USPS
# Business Mailboxes:39Source: USPS
Total Delivery Receptacles:6,527Source: USPS
Single Family Delivery Units:1,006Source: USPS
Multi Family Delivery Units:0Source: USPS
# of Businesses:50Source: CBP
1st Quarter Payroll:$38,957,000Source: CBP
Annual Payroll:$142,019,000Source: CBP
# of Employees:1,791Source: CBP

Geography, Land Area, & Statistical Classifications


ZIP Code 40516 is located in Fayette County, Kentucky, within the Lexington-Fayette, KY Metropolitan Statistical Area (CBSA 30460) and Kentucky's 6th Congressional District. This Metro area has a population of 517,378 people, about 0.54% of whom live in ZIP Code 40516. It covers 30.69 sq mi of land and a water area of 0.108 sq mi.

CBSA Name:Lexington-Fayette, KYSource: Census
CBSA Number:30460Source: Census
CBSA Type:MetroSource: Census
CBSA Division:--Source: Census
CBSA Population:517,378Source: Census
MSA:Lexington, KY MSASource: Census
Land Area:30.69 sq miSource: Census
Water Area:0.108 sq miSource: Census
Congressional District:06Source: USPS
Congressional Land Area:4292.72 sq miSource: Census
PMSA:--Source: Census
Intro Date:< 2004-10Source: ZIP-Codes.com
Place FIPS Code:30460Source: Census
Place Name:Lexington-Fayette, KY Metro AreaSource: Census

Adjacent & Nearby ZIP Codes


40517 | | 40515

Schools in ZIP Code 40516


We could not locate which school district 40516 belongs to, but we will update this once new district data is released. There are no public schools nor private schools with a mailing address in this ZIP Code. Listing Nearby schools instead. It also has 6 colleges, universities or post secondary education institutions nearby which would be a short commute to.

Crawford Middle School 1813 Charleston Dr
Lexington, KY 40505
District: Fayette County School DistrictNearby
Dixie Elementary Magnet School 1940 Eastland Pkwy
Lexington, KY 40505
District: Fayette County School DistrictNearby
Deep Springs Elementary School 1919 Brynell Drive
Lexington, KY 40505
District: Fayette County School DistrictNearby
Mary Todd Elementary School 551 Parkside Dr
Lexington, KY 40505
District: Fayette County School DistrictNearby
Frederick Douglass High School 2000 Winchester Road
Lexington, KY 40509
District: Fayette County School DistrictNearby
Sphinx Academy 1591 Winchester Rd Ste 101
Lexington, KY 40505
District: Private SchoolNearby
Lexington Hearing & Speech Center 350 Henry Clay Blvd
Lexington, KY 40502
District: Private SchoolNearby
Good Shepherd Day School 544 Sayre Ave
Lexington, KY 40508
District: Private SchoolNearby

Colleges & Post Secondary Schools near ZIP Code 40516


Summit Salon Academy-Lexington 1300 E New Circle Rd Ste 110
Lexington, KY 40505
Type: Post Secondary
Transylvania University 300 N Broadway
Lexington, KY 40508-1797
Type: Post Secondary
University Of Kentucky South Limestone
Lexington, KY 40506-0032
Type: Post Secondary
Bluegrass Community And Technical College 470 Cooper Drive
Lexington, KY 40506
Type: Post Secondary
Employment Solutions-College For Technical Education 1165 Centre Parkway Suite #120
Lexington, KY 40517
Type: Post Secondary
Lexington Healing Arts Academy 272 Southland Drive
Lexington, KY 40503
Type: Post Secondary

Sources & References


Our sources include trusted federal and licensed data from the United States Postal Service, U.S. Census Bureau, U.S. Geological Survey, Centers for Medicare & Medicaid Services, and the National Center for Education Statistics, along with proprietary datasets created by ZIP-Codes.com. Data last updated on October 1, 2025.

  1. U.S. Postal Service [Last Updated: 10/1/2025], https://www.usps.com
  2. ZIP-Codes.com Proprietary Data Enhancements [Updated: 10/1/2025], https://www.zip-codes.com
  3. U.S. Census [Updated: Varies], https://www.census.gov
    • U.S. Census Office of Management and Budget [Updated: As Released]
    • U.S. Census 2020 Demographic & Housing Characteristics (DHC) [Decennial] [Updated: 5/25/2023]
    • U.S. Census 2011-2023 American Community Survey 5-year estimates (ACS) [Annually] [Updated: Annually, As Released]
    • U.S. Census Business Patterns (CBD) [Annually] [Updated: Annually, As Released]
    • U.S. Census American National Standards Institute (ANSI) [Updated: As Released]
  4. U.S. Geological Survey [Updated: Varies], https://www.usgs.gov
  5. Centers for Medicare & Medicaid Services [Updated: Annually, As Released], https://www.cms.gov
  6. National Center for Education Statistics [Updated: 10/1/2025], https://nces.ed.gov