Lexington, KY
LEXINGTON, KENTUCKY: Demographic and Financial Snapshot
(Last updated on 1.11.21)
HOUSING IN LEXINGTON-FAYETTE COUNTY, KENTUCKY
| Owner-occupied housing units | 70,172 |
| Renter-occupied housing units | 58,634 |
| Single-family detached units | 84,173 |
| Homeownership rate | 54.5% |
| Vacancy rate | 8.4% |
| Renters rate | 84.2% |
| 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 size | 2.38 |
| Percent population 16 years and over in labor force | 68.2% |
| Percent disabled | 12.2% |
| Percent with health coverage | 92.7% |
| Average travel time to work (in minutes) | 20.9 |
| Percent workers using public transportation | 1.9% |
| Percent veterans | 6.2% |
| Percent foreign born | 9.5% |
| Percent speaking Spanish at home | 3.0% |
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 collections | 34% |
| Average debt in collections | $1,143 |
| % with medical debt in collections | 16% |
| Average medical debt in collections | $403 |
| % with student loan debt | 21% |
| Average student loan debt | $23,475 |
| Average monthly student loan payment | $182 |
| % with auto debt | 28% |
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
| Year | Population | Percent |
| January 2019 | 6,168 | 3.6% |
| February 2019 | 6,345 | 3.7% |
| March 2019 | 6,487 | 3.7% |
| April 2019 | 5,285 | 3.0% |
| May 2019 | 5,878 | 3.3% |
| June 2019 | 6,903 | 3.9% |
| July 2019 | 6,651 | 3.8% |
| August 2019 | 5,762 | 3.3% |
| September 2019 | 5,181 | 2.9% |
| October 2019 | 5,172 | 2.9% |
| November 2019 | 5,103 | 2.9% |
| December 2019 | 5,098 | 2.9% |
| January 2020 | 6,156 | 3.5% |
| February 2020 | 5,435 | 3.1% |
| March 2020 | 7,053 | 4.1% |
| April 2020 | 24,237 | 14.1% |
| May 2020 | 15,521 | 9.0% |
| June 2020 | 7,447 | 4.5% |
| July 2020 | 7,263 | 4.6% |
| August 2020 | 11,638 | 6.7% |
| September 2020 | 7,823 | 4.8% |
| October 2020 | 10,586 | 6.2% |
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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