Lexington, KY

LEXINGTON, KENTUCKY: Demographic and Financial Snapshot

(Last updated on 1.11.21)

 

HOUSING IN LEXINGTON-FAYETTE COUNTY, KENTUCKY

Owner-occupied housing units70,172
Renter-occupied housing units58,634
Single-family detached units84,173
Homeownership rate54.5%
Vacancy rate8.4%
Renters rate84.2%
Average housing value$236,714
Average monthly owner cost (with mortgage)$1,054
Average rent$777

Source: US Census; https://cbb.census.gov/rae/#
Survey/Program
: 2009-2013 and the 2014-2018 American Community Survey 5-Year Estimates
Data Point
: Housing Characteristics

 

SOCIOECONOMIC CHARACTERISTICS IN LEXINGTON-FAYETTE COUNTY, KENTUCKY

Average income$79,535
Average household size2.38
Percent population 16 years and over in labor force68.2%
Percent disabled12.2%
Percent with health coverage92.7%
Average travel time to work (in minutes)20.9
Percent workers using public transportation1.9%
Percent veterans6.2%
Percent foreign born9.5%
Percent speaking Spanish at home3.0%

Source: US Census; https://cbb.census.gov/rae/#
Survey/Program
: 2009-2013 and the 2014-2018 American Community Survey 5-Year Estimates
Data Point
: Socioeconomic Characteristics

 

CONSUMER SPENDING IN LEXINGTON-FAYETTE COUNTY, KENTUCKY

Total consumer expenditures per household$71,778.44
Alcoholic beverages$560.91
Alcoholic beverages consumed at home$330.68
Beer consumed away from home$99.46
Wine consumed away from home$48.27
Apparel & services$2,108.73
Men’s apparel$409.01
Women’s apparel$696.75
Children’s apparel$325.30
Boys’ apparel$109.73
Girls’ apparel$121.25
Footwear$478.62
Dining out (food away from home)$3,632.33
Dining out – Breakfast$367.23
Dining out – Lunch$1,133.99
Dining out – Dinner$1,682.24
Education$1,517.85
Entertainment / recreation$3,089.67
Club membership fees$221.03
Dating services$0.80
Pet food$243.66
Pet services$61.97
Food consumed at home$5,011.60
Bakery products consumed at home$657.54
Dairy products consumed at home$512.78
Fruits and vegetables consumed at home$978.51
Meat, poultry, fish, eggs consumed at home$1,107.06
Nonalcoholic beverages consumed at home$491.19
Snacks / other food products consumed at home$1,755.71
Health care$5,552.61
Medical services$1,036.45
Nonprescription drugs$137.33
Household Services$1,950.29
Care for the elderly and handicapped$66.74
Lawn and garden services$407.11
Housekeeping services$163.16
PC repair$6.69
Housing$22,582.63
Home improvements$2,337.35
Utilities, fuel, and public services$4,668.01
Phone services$1,714.61
Water$688.03
Life and other insurance$407.12
Pensions and social security$7,698.50
Personal care products and services$872.45
Hair care products$105.00
Personal care products$373.97
Local transportation$8,317.71
Gasoline$2,175.55
Vehicle maintenance and repair$1,146.38
Travel$2,085.50
Airline fares$512.55
Auto / truck rental on trips$25.18
Lodging on trips$562.55
Food and drink on trips$506.22
Entertainment on trips$177.46

Source: US Census; https://cbb.census.gov/rae/#
Survey/Program
: 2009-2013 and the 2014-2018 American Community Survey 5-Year Estimates
Data Point
: Consumer Spending (Consumer expenditures per household)

 

DEBT IN LEXINGTON-FAYETTE COUNTY, KENTUCKY

% with any debt in collections34%
Average debt in collections$1,143
% with medical debt in collections16%
Average medical debt in collections$403
% with student loan debt21%
Average student loan debt$23,475
Average monthly student loan payment$182
% with auto debt28%

Source: Urban Institute; https://apps.urban.org/features/debt-interactive-map/
Survey/Program
: Data from credit bureau data (2018) + the US Census Bureau’s American Community Survey (2017)
Data Point
: Consumer Debt

 

UNEMPLOYMENT IN LEXINGTON-FAYETTE COUNTY, KENTUCKY

YearPopulationPercent
January 20196,1683.6%
February 20196,3453.7%
March 20196,4873.7%
April 20195,2853.0%
May 20195,8783.3%
June 20196,9033.9%
July 20196,6513.8%
August 20195,7623.3%
September 20195,1812.9%
October 20195,1722.9%
November 20195,1032.9%
December 20195,0982.9%
January 20206,1563.5%
February 20205,4353.1%
March 20207,0534.1%
April 202024,23714.1%
May 202015,5219.0%
June 20207,4474.5%
July 20207,2634.6%
August 202011,6386.7%
September 20207,8234.8%
October 202010,5866.2%

Source: US Bureau of Labor Statistics; https://www.bls.gov/lau/data.htm
Survey/Program
: Local Area Employment Statistics
Data Point
: Unemployment totals (not seasonally adjusted)

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