Zip Code

40515

City

Lexington, KY

Population & Migration

What is the forecasted population for Zip code 40515 Lexington, KY?

Population census 2020
36,569
Forecasted population 2025
37,056
1.3% vs. 2020
Forecasted population 2030
38,143
4.3% vs. 2020

Zip code 40515 Lexington, KY population is forecasted to decrease 1.3% by 2025 (-3.4 points below the 4.7% national average).

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Housing and Affordability

With a forecasted population of 37,056 people for 2025 zip code 40515 Lexington, KY will generate a good demand for housing, which is expected to have a deficit of 665 houses for 2030. Vacancy rate is 5.2 points below national US average.

Total homes available 2020
15,446
Estimated total home demand in 2030
16,111
Total homes balance inventory
665

Average Household Income in zip code 40515 Lexington, KY
from Internal Revenue Service

Average household income in 2021
$108,723

Affordability

Affordability Index
3

Affordability indicates the ability of potential homebuyers to afford a home measured in number of years needed to pay a house. Example: Home Price 500,000 / Household Income 100,000 = 5 Years = Index 5

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Drinking water violations

How is the quality of drinking water in Zip code 40515 Lexington, KY?

County total number of drinking water violations

1

-100%

244

County total number of drinking water contaminations

1

-96%

24

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