Most Expensive Lexington Neighborhoods
|2||Winchester Rd / Man O...|
|3||Tates Creek Rd / Fede...|
|5||Richmond Rd / Fontain...|
|7||Parkers Mill Rd / Man...|
|8||Fort Spring / Frogtown|
|9||Armstrong Mill Rd / D...|
Lexington is a large city located in the state of Kentucky. With a population of 302,332 people and 82 constituent neighborhoods, Lexington is the second largest community in Kentucky.
Lexington real estate is some of the most expensive in Kentucky, although Lexington house values don't compare to the most expensive real estate in the U.S.
Unlike some cities where white-collar or blue-collar occupations dominate the local economy, Lexington is neither predominantly one nor the other. Instead, it has a mixed workforce of both white- and blue-collar jobs. Overall, Lexington is a city of professionals, sales and office workers and service providers. There are especially a lot of people living in Lexington who work in office and administrative support (13.22%), sales jobs (11.68%) and management occupations (9.46%).
Also of interest is that Lexington has more people living here who work in computers and math than 95% of the places in the US.
In addition, Lexington is a major college town. As is often the case in college towns, the many students that live in Lexington have a strong influence on the local culture and music scene. In fact, Lexington is one of only a few big cities that are also major college towns. This combination of big city status and thousands of college students gives Lexington, on one hand, a sophisticated style, while on the other also providing lots of diversions and entertainment for students. In fact, Lexington is one of the biggest "college towns" in America. This elevates both the status of the city and the knowledge sector of the local economy, which is sustained by a steady output of new college graduates every spring.
Not only is Lexington a city with many college students, but it also retains many recent graduates who are looking to start new careers, creating a very large population of people who are young, single, educated, and upwardly-mobile. This makes Lexington a good place to live for young professionals. With so many people in this demographic, Lexington presents many opportunities for single professionals to enjoy themselves, socialize, and to create lasting relationships.
One important feature of Lexington is that it is one of the most car-oriented large cities in the country. In fact, 82.63% of people commute to and from work every day by private automobile, eschewing alternative forms of transportation, which are not widely available in Lexington anyway. So, if you like to drive, Lexington is the city for you! The landscape around Lexington reflects this: wide streets, parking lots, plenty of highways, malls, and shopping centers are what you'll find.
The population of Lexington is very well educated relative to most cities and towns in the nation, where the average community has 21.84% of its adult population holding a 4-year degree or higher: 39.89% of adults in Lexington have a bachelor's degree or even advanced degree.
The per capita income in Lexington in 2010 was $29,339, which is wealthy relative to Kentucky, and upper middle income relative to the rest of the US. This equates to an annual income of $117,356 for a family of four. However, Lexington contains both very wealthy and poor people as well.
Lexington is a very ethnically-diverse city. The people who call Lexington home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Lexington residents report their race to be White, followed by Black or African-American. Important ancestries of people in Lexington include German, English, Irish and Italian.
The most common language spoken in Lexington is English. Some people also speak Spanish.
|NUMBER OF HOMES AND APARTMENTS||123,043|
|LEXINGTON HOME OWNERSHIP|
|% OWNER OCCUPIED||56.88%|
|% RENTER OCCUPIED||43.13%|
|TYPE OF LEXINGTON HOMES|
|SINGLE FAMILY DETACHED||60.03%|
|ROWHOUSES AND ATTACHED HOMES||5.10%|
|SMALL APARTMENT BUILDINGS||9.26%|
|COMPLEXES OR HIGH RISE APARTMENTS||24.41%|
|SIZE OF LEXINGTON HOMES|
|5 OR MORE BEDROOMS||4.01%|
|AGE OF LEXINGTON HOMES|
|NEWER HOMES (2000 OR LATER)||16.43%|
|ESTABLISHED, BUT NOT OLD HOMES (1970-1999)||48.70%|
|WELL-ESTABLISHED, OLD HOMES (1940-1969)||27.09%|
|HISTORIC (1939 OR BEFORE)||7.79%|
|LEXINGTON REAL ESTATE INFORMATION||DETAILS|
|MEDIAN HOME VALUE||$152,710|
|MEDIAN RENTAL PRICE||$612|
|HOME VALUE RANGE|
|$0 - $47,000||3.62%|
|$47,001 - $94,000||10.87%|
|$94,001 - $187,000||49.37%|
|$187,001 - $281,000||18.70%|
|$281,001 - $375,000||9.17%|
|$375,001 - $468,000||2.80%|
|$468,001 - $703,000||3.35%|
|$703,001 - $937,000||1.05%|
|PEOPLE OF LEXINGTON||DETAILS|
|UNDER 5 YEARS||6.47%|
|5 TO 17||14.70%|
|18 TO 24||14.11%|
|25 TO 34||16.64%|
|35 TO 54||26.77%|
|55 TO 64||10.77%|
|65 YEARS AND OVER||10.53%|
|EDUCATIONAL ATTAINMENT OF ADULTS|
|HIGH SCHOOL GRADUATES||88.66%|
|MEDIAN HOUSEHOLD INCOME||$48,779|
|PER CAPITA INCOME||$29,339|
|INDIVIDUALS BELOW POVERTY LEVEL||18.17%|
|INDUSTRIES PEOPLE WORK IN||Healthcare (15.62%)
Professional, scientific, and technical services (6.78%)
Public Service (3.71%)
Information Technology (2.51%)
Real estate (2.10%)
|BLACK OR AFRICAN AMERICAN||14.53%|
|AMERICAN INDIAN AND ALASKA NATIVE||0.26%|
|NATIVE HAWAIIAN AND OTHER PACIFIC ISLANDERS||0.05%|
|SOME OTHER RACE ALONE||3.70%|
|TWO OR MORE RACES||2.51%|
|HISPANIC OR LATINO (OF ANY RACE)||6.92%|
|ETHNICITIES PRESENT||German (9.83%)
|LANGUAGES SPOKEN||English (88.55%)
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