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40503 Income Statistics

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40503 Compared to Surrounding Areas

Median Household Income

The median household income ($64,054) for 40503 is less than the median household income for 40514 ($85,119), 40513 ($106,195), 40502 ($67,449), and 40515 ($78,366). But it's more than 40504 ($38,634), 40517 ($46,696), 40506 ($-1), 40508 ($28,850), Fayette County ($58,954), and Lexington-Fayette ($58,954).

40503$64,054
Lexington-Fayette$58,954
Fayette County$58,954

Average Household Income

The average household income ($84,073) for 40503 is less than the average household income for 40514 ($105,668), 40513 ($142,469), 40502 ($118,359), 40515 ($108,170), Fayette County ($85,507), and Lexington-Fayette ($85,507). But it's more than 40504 ($53,428), 40517 ($61,136), 40506 ($-1), and 40508 ($45,375).

40503$84,073
Lexington-Fayette$85,507
Fayette County$85,507

Per-Capita Income

The per-capita income for 40503 is $36,135. The per capita income ($36,135) for 40503 is less than the per capita income for 40514 ($38,531), 40513 ($57,181), 40502 ($55,720), and 40515 ($42,930). But it's more than 40504 ($23,476), 40517 ($28,235), 40506 ($3,954), 40508 ($18,240), Fayette County ($35,466), and Lexington-Fayette ($35,466).

40503$36,135
Lexington-Fayette$35,466
Fayette County$35,466

High Income Households

% of households make over $200,000 a year. The percent high income households (5.9%) for 40503 is less than the percent high income households for 40514 (10.0%), 40513 (22.1%), 40502 (14.7%), 40515 (10.4%), Fayette County (6.9%), and Lexington-Fayette (6.9%). But it's more than 40504 (1.6%), 40517 (1.8%), 40506 (-1.0%), and 40508 (3.3%).

405035.9%
Lexington-Fayette6.9%
Fayette County6.9%

Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
40503 $33,427 $74,402 $80,585 $52,645
Lexington-Fayette $24,775 $63,274 $74,571 $51,022
Fayette County $24,775 $63,274 $74,571 $51,022

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About the Data

Sources & Margins of Error

All income statistics above are the most current, comparable income statistics available from the US Census Bureau and are from the American Community Survey 2020 5-year estimates. These values are in 2020 inflation-adjusted dollars and were downloaded on 17 March 2022.

The following data tables were used:

  • B19001 Household Income in the Past 12 Months (in 2020 inflation-adjusted dollars)
  • B19013 Median Household Income in the Past 12 Months (in 2020 inflation-adjusted dollars)
  • B19301 Per Capita Income in the Past 12 Months (in 2020 inflation-adjusted dollars)
  • S1902 Mean Income in the Past 12 Months (in 2020 inflation-adjusted dollars)
  • B19049 Median Household Income in the Past 12 Months (in 2020 inflation-adjusted dollars) By Age Of Householder

Margins of error for the above income data are:

Median Household Income Average Household Income Per Capita Income High Income Households Median Household Income by Age of Householder
under 25 25 to 44 45 to 64 65+
40503 +/-$3,806 +/-$4,803 +/-$2,141 +/-1.5% +/-$12,817 +/-$9,957 +/-$6,621 +/-$4,410
Lexington-Fayette +/-$1,465 +/-$1,944 +/-$789 +/-0.5% +/-$2,746 +/-$2,001 +/-$3,022 +/-$2,625
Fayette County +/-$1,465 +/-$1,944 +/-$789 +/-0.5% +/-$2,746 +/-$2,001 +/-$3,022 +/-$2,625