40513 Zip Code Population and Demographics

In this article, we'll explore the population statistics for the zip code 40513, including popular demographics data like median age, number of households, household income, gender, employment and unemployment rates, occupations, religion, and more.

40513 is a zip code in Fayette County, Kentucky, which covers Lexington-Fayette Southwest, with a total population of 10,850 people.

We are using the latest American Community Survey (ACS) 5-Year survey data from the US Census Bureau, which is accurate up to 2021.

Table of Contents

Population

There is a lot of data that lets us see how many people live in the 40513 zip code. The most basic data is the total population, which is the total number of people living in 40513.

The estimated population of people living in 40513 is 10,850, with a median age of 44.7.

We can look back at data from previous years to see how the population in the 40513 area has changed over the last 5 years.

Year Population Change 5-Year Change
2021
10,850
 -5.2% -3.49%
2020
11,445
+2.53%
-
2019
11,163
+0.57%
-
2018
11,100
 -1.26% -
2017
11,242
 - -

Population of 40513 by Race and Ethnicity

How much has the race and ethnicity of the population in the 40513 zip code changed? The US Census Bureau gives us a few defined types that the population is broken down into.

Let's look at the total numbers and also the change over the last 5 years.

Race 2021 2017 Change
White
74.6%
76.6%
 -2.61%
Black/African American
2.3%
3.8%
 -39.47%
Native
0.1%
0.4%
 -75.00%
Hispanic
2.6%
3.8%
 -31.58%
Asian
17.7%
13.4%
 +32.09%
Hawaiian/Pacific Islander
0%
0%
 0.00%
Two Or More Races
2.7%
2%
 +35.00%
Other
0%
0%
 0.00%

This data can be very important for anybody studying the 40513 zip for a number of reasons, including social and economic research, planning and development, and marketing to a multi-cultural population.

Note that the Native group includes both Native American and Alaskan Native people.

Population of 40513 by Age and Gender

We can also monitor the change of the age and gender in the 40513 zip code to track track trends in the population over time.

We can see how the population in 40513 has changed over the last 5 years by median age as a total, and also by male and female.

Year Total Male Female
2021 44.7 +0.22% 44.2 -1.12% 45.4 +1.79%
2020 44.6 +0.45% 44.7 +3.95% 44.6 -0.45%
2019 44.4 +0.23% 43 -3.59% 44.8 +1.36%
2018 44.3 +1.14% 44.6 -0.22% 44.2 +2.79%
2017 43.8 - 44.7 - 43 -

The median age of the 40513 zip gives you an idea of the age distribution, with half of the population being older than the median age and half being younger.

This can then be used to infer and compare against birth rates, parent ages, and more metrics to understand the population. For example, an increasing median age indicates an aging population in the 40513 area, which can be a sign of a declining population in terms of birth rates and workforce participation.

Age 2021 2017
(Years) Male Female Male Female
0 to 9 507 +28.89% 651 +12.55% 645 684
10 to 19 835 +3.82% 976 -45.82% 850 587
20 to 29 508 -45.58% 425 -56.85% 272 220
30 to 39 471 +22.48% 592 +19.72% 533 706
40 to 49 877 +11.13% 1,074 -26.61% 975 808
50 to 59 989 -8.11% 947 -15.77% 907 804
60 to 69 554 +17.7% 569 +52.41% 652 926
70+ 622 -2.7% 645 +7.31% 593 688

Median Household Income

The latest median household income for the 40513 zip code is $116,773.00.

In simple terms, the median income is the middle income of a group of people. Half of the people in the group make more than the median income, and half make less.

The median income is a good indicator of the overall income of a group of people, and can be used to compare against other metrics such as the average income, per capita income, and more.

Median Income by Age

We can also look at the median income by age to see how the median income varies by age, and how it compares to the overall median income for 40513.

  • Under 25
    $47,857.00
  • 25 to 44
    $148,750.00
  • 45 to 64
    $154,821.00
  • 65 and over
    $75,625.00

Average Household Income

Whenever we ask what is the average household income in the 40513 zip code, we are actually talking about the mean household income.

This is calculated by adding up all the incomes of all the households in 40513, and then dividing that number by the total number of households.

This is a good way to get a general idea of the average income of a group of people, but it can be skewed by a very high or very low incomes.

The average household income of 40513 is currently $160,270.00.

In terms of accurately summarizing income at a geographic level, the median income is a better metric than the average income because it isn't affected by a small number of very high or very low incomes.

If you had an area where the average income was greater than the median, it can mean that there is significant income inequality, with income being concentrated in a small number of wealthy households.

25.78% of households in 40513 are classed as high income households (making $200,000+ per year).

Household Income Tiers

The US Census Bureau divides households into income tiers based on the median income for the area. This is a good way to compare the income of 40513 against other zip codes.

  • Less than $24,999
    7.44%
  • $25,000 to $49,999
    9.78%
  • $50,000 to $74,999
    9.87%
  • $75,000 to $99,999
    10.72%
  • $100,000 to $149,999
    20.86%
  • $150,000 to $199,999
    15.54%
  • $200,000 or more
    25.78%

Per Capita Income

The per capita income in 40513 is $64,728.00.

Per capita income is the average income of a person in a given area. It is calculated by dividing the total income of 40513 by the total population of 40513.

This is different from the average or mean income because it includes and accounts for all people living in the 40513 area, including people like children, the elderly, unemployed people, retired people, and more.

Education Levels

We can also look at the education levels in 40513 to see how many people have a high school degree, a bachelor's degree, or a graduate degree.

Educational attainment is a good indicator of the overall education level of a population, and can be used to compare against other metrics such as the average income, per capita income, and more to see how education levels affect income, unemployment rates, and more.

  • Master's degree or higher
    22.43%
  • Bachelor's degree
    53.04%
  • Some college or associate's degree
    4.70%
  • High school diploma or equivalent
    19.20%
  • Less than high school diploma
    0.63%

Employment

Employment rates are all based around the total population in 40513 that are over the age of 16.

Currently, the total population of the 40513 zip over the age of 16 is 8,544.

Of those people, a total of 66.50% are working or actively looking for work. This is called the labor force participation rate.

The participation rate is a useful market measure because it shows the relative amount of labor resources available to the economy.

The employment to total population rate in 40513 is 64.60%.

Employment by Age

We can look at the employment rates by age to see how it compares to the overall employment rate. Here's how that breaks down for the 40513 zip code.

Age Population Participation Unemployment Rate
16 to 19 years 460 33.70% 0.00%
20 to 24 years 269 69.50% 0.00%
25 to 29 years 223 89.70% 6.50%
30 to 34 years 571 79.00% 0.00%
35 to 44 years 1,677 79.20% 2.00%
45 to 54 years 1,937 91.20% 1.20%
55 to 59 years 548 73.00% 0.00%
60 to 64 years 954 75.90% 6.10%
65 to 74 years 1,218 34.10% 14.00%
75 years and over 687 8.20% 0.00%

Employment by Race

Another very interesting employment statistic we can look at is the employment and unemployment rates by race in 40513. The table below shows the rates for each of the ethnicity groups types defined by the US Census Bureau (which we mentioned earlier in this article).

Age Population Participation Unemployment Rate
White 6,695 67.80% 3.30%
Black or African American 267 65.50% 0.00%
American Indian and Alaska Native 6 100.00% 0.00%
Asian 1,339 59.60% 1.60%
Native Hawaiian and Other Pacific Islander 0 0.00% 0.00%
Other 15 100.00% 0.00%
Two or more races 222 67.10% 0.00%
Hispanic or Latino 241 90.90% 0.00%
Not Hispanic or Latino 6,545 67.40% 3.40%

Occupations

In this section we can look at the most common occupations for people living in the 40513 area as well as the gender breakdown and earnings of them.

The total population of civilian employees that are 16 years old or older in 40513 is 5,520, with median earnings of $75,021.00.

Women in 40513 are earning approximately 47.00% of the men's earnings.

Population Earnings
Total 5,520 $75,021.00
Male 3,054 $97,589.00
Female 2,466 $45,915.00

Occupations by Category

In the table below, we can break down the population and earnings for 40513 even further by occupation. The list of occupation categories below will show you how many people are employed in each category and the median earnings of each profession.

Occupation Employed Earnings
Management 1,134 $98,021.00
Business and Financial 243 $70,221.00
Computer and Mathematical 170 $108,071.00
Architecture and Engineering 255 $90,721.00
Life, Physical, and Social Science 100 $61,167.00
Community and Social Service 94 $71,042.00
Legal 131 $250,001.00
Educational and Library 604 $83,000.00
Arts, Design, Entertainment, Sports, and Media 61 $16,150.00
Healthcare Practitioners 535 $119,583.00
Healthcare Support 93 $102,578.00
Firefighters and Protective Service 21 $0.00
Law Enforcement 20 $0.00
Food Preparation and Serving 218 $15,938.00
Building and Grounds Cleaning 0 $0.00
Personal Care and Service 252 $35,986.00
Sales 750 $75,833.00
Office and Administrative Support 464 $43,467.00
Farming, Fishing, and Forestry 47 $58,750.00
Construction and Extraction 41 $79,632.00
Installation, Maintenance, and Repair 31 $16,719.00
Production 94 $84,009.00
Transportation and Material Moving 58 $88,333.00

Occupations by Gender

Now we can also look at the occupations by category for 40513 when it is broken down by male and female.

This lets us see how many male and females work in each occupation, the median earnings, and the male to female ratio of earnings for 40513.

That last metric is important because it can be used to look at the gender pay gap between men and women.

Occupation Male Female
Population Earnings Population Earnings
Management 724 $106,419.00 410 $78,958.00
Business and Financial 98 $161,563.00 145 $61,397.00
Computer and Mathematical 153 $107,964.00 17 $0.00
Architecture and Engineering 153 $93,287.00 102 $89,875.00
Life, Physical, and Social Science 33 $58,984.00 67 $61,708.00
Community and Social Service 42 $96,458.00 52 $53,056.00
Legal 81 $194,904.00 50 $0.00
Educational and Library 282 $148,266.00 322 $62,170.00
Arts, Design, Entertainment, Sports, and Media 31 $15,950.00 30 $0.00
Healthcare Practitioners 260 $238,393.00 275 $61,583.00
Healthcare Support 77 $102,995.00 16 $0.00
Firefighters and Protective Service 21 $0.00 0 $0.00
Law Enforcement 20 $0.00 0 $0.00
Food Preparation and Serving 36 $10,833.00 182 $16,473.00
Building and Grounds Cleaning 0 $0.00 0 $0.00
Personal Care and Service 30 $0.00 222 $36,000.00
Sales 546 $76,626.00 204 $32,500.00
Office and Administrative Support 128 $96,250.00 336 $43,233.00
Farming, Fishing, and Forestry 34 $59,524.00 13 $0.00
Construction and Extraction 41 $79,632.00 0 $0.00
Installation, Maintenance, and Repair 31 $16,719.00 0 $0.00
Production 79 $0.00 15 $0.00
Transportation and Material Moving 50 $57,222.00 8 $0.00

Households and Family Size

A household is defined by the US Census Bureau as a group of people who occupy a housing unit. A housing unit is a house, apartment, mobile home, group of rooms, or single room occupied as separate living quarters.

There are currently 4,395 households in 40513, with an average household size of 2.47 people.

A family is defined as a group of two or more people related by birth, marriage, or adoption who live together in the same household.

There are 3,251 families living in the 40513 zip code with an average family size of 2.89 people.

Households by Marital Status

The four categories of household by marital status are:

  • Married-couple family
  • Male householder with no spouse present
  • Female household with no spouse present
  • Nonfamily household

The table below shows the total number of households and families, with the average sizes of each, that live in 40513:

Married Male Female Nonfamily
Total Households 2,990 97 164 1,144
Average Household Size 2.97 1.91 2.59 1.18
Total Families 2,990 97 164 0
Average Household Size 2.95 1.91 2.39 0

Poverty

Of the 3,251 families living in 40513, 3.90% are considered to be below the poverty threshold.

The table below shows the latest poverty thresholds in 40513:

Household Size Poverty Threshold
1 Person $14,580.00
2 People $19,720.00
3 People $24,860.00
4 People $30,000.00
5 People $35,140.00
6 People $40,280.00
7 People $45,420.00
8 People $50,560.00

Housing

There are 4,650 housing units in 40513.

The table below shows the split between occupied and vacant units:

Total Percentage
Occupied 4,395 94.52%
Vacant 255 5.48%

22.30% of the total 4,650 housing units in 40513 are rental units. This is approximately 1,037 properties.

For owner-occupied housing units, a total of 3,299 are occupied by the owner - or 70.95% of the total.

Rental Rates

The median rent for a property in 40513 is $1,218.00.

In the chart below, we can look at the number of rental properties in 40513 that fall into a particular rent range. These can then be used to compare with other areas, or to see how they have changed over time.

  • No rent paid
    59
  • Less than $500
    0
  • $500 to $999
    86
  • $1,000 to $1,499
    849
  • $1,500 to $1,999
    17
  • $2,000 to $2,499
    49
  • $2,500 to $2,999
    11
  • $3,000 or more
    25

Property Value

The median value of a property in 40513 is $371,700.00.

Just like with rental rates, we can look at the number of properties in 40513 that fall into a particular value range.

  • Less than $50,000
    35
  • $50,000 to $99,999
    66
  • $100,000 to $149,999
    14
  • $150,000 to $199,999
    290
  • $200,000 to $299,999
    530
  • $300,000 to $499,999
    1,552
  • $500,000 to $999,999
    801
  • $1,000,000 or more
    11

Property Age

We can also look at the age of properties in 40513. The chart below shows the number of properties in 40513 that fall into a particular age range.

  • 1939 or earlier
    42
  • 1940 to 1949
    22
  • 1950 to 1959
    24
  • 1960 to 1969
    66
  • 1970 to 1979
    278
  • 1980 to 1989
    923
  • 1990 to 1999
    2,177
  • 2000 to 2009
    969
  • 2010 to 2013
    149
  • 2014 or later
    0

Vehicles per Household

The number of vehicles available per household can be a good indicator of the level of affluence in an area. The chart below shows the number of households in 40513 that have a particular number of vehicles available.

  • No vehicles available
    78
  • 1 vehicle available
    1,061
  • 2 vehicles available
    2,438
  • 3 or more vehicles available
    818

Commuting to Work

In this section, we can also look at how people in 40513 get to work. The chart below shows the number of people in 40513 that commute to work in a particular way.

22.6 minutes is the average travel time to work for people in 40513.

These commute times can be compared to other date like income and educational levels to see how they relate to each other and if there are any trends in the data that might suggest a correlation.

  • Less than 5 minutes
    101
  • 5 to 9 minutes
    486
  • 10 to 14 minutes
    824
  • 15 to 19 minutes
    1,184
  • 20 to 24 minutes
    901
  • 25 to 29 minutes
    332
  • 30 to 34 minutes
    267
  • 35 to 39 minutes
    127
  • 40 to 44 minutes
    98
  • 45 to 59 minutes
    100
  • 60 to 89 minutes
    82
  • 90 or more minutes
    234

Summary

We've covered a LOT of demographic and population data for 40513 in this article! Hopefully you have found it very useful in your research of the area.

If you use any of the data found on this page, please consider linking back to USPopulation.org as the source and if you have any feedback or data requests, click here to contact us.

States in 40513

If you want to see how the population and demographics of 40513 compare to other zip codes in Kentucky, check out the list of all Kentucky zip codes below: