Income & Economy in Lexington-Fayette urban county, KY (40503)
Median Income
$74,161
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+1,039
Wealth inflow
Population
27,825
Unemployment
4.0%
0.3pp above US avg
IRS migration statistics show a net inflow of about 1,039 for ZIP 40503 (Lexington-Fayette urban county, KY) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.
Historical Trends in 40503 (2020–Present)
Since 2020, population declined 3.7%, median income fell 1.7% (inflation-adjusted), home values increased 14.6%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $74,161 |
| Unemployment | 4.0% |
| Establishments | 1,500 |
| Employees | 24,522 |