40511 Income Statistics

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40511 Compared to Surrounding Areas

Median Household Income

The median household income ($66,188) for 40511 is less than the median household income for 40347 ($81,591), 40510 ($131,549), 40516 ($77,717), 40324 ($71,786), and Scott County ($71,750). But it's more than 40361 ($48,447), 40505 ($43,305), 40504 ($38,634), 40508 ($28,850), 40383 ($66,159), Bourbon County ($47,024), Fayette County ($58,954), and Lexington-Fayette ($58,954).

40511$66,188
Lexington-Fayette$58,954
Bourbon County$47,024
Fayette County$58,954
Scott County$71,750

Average Household Income

The average household income ($83,663) for 40511 is less than the average household income for 40347 ($107,722), 40510 ($148,813), 40516 ($97,094), 40324 ($88,592), Scott County ($88,259), Fayette County ($85,507), and Lexington-Fayette ($85,507). But it's more than 40383 ($80,822), 40505 ($55,717), 40504 ($53,428), 40508 ($45,375), 40361 ($70,262), and Bourbon County ($69,488).

40511$83,663
Lexington-Fayette$85,507
Bourbon County$69,488
Fayette County$85,507
Scott County$88,259

Per-Capita Income

The per-capita income for 40511 is $32,158. The per capita income ($32,158) for 40511 is less than the per capita income for 40324 ($33,326), 40347 ($39,654), 40510 ($38,519), 40516 ($40,171), 40383 ($32,184), Scott County ($33,535), Fayette County ($35,466), and Lexington-Fayette ($35,466). But it's more than 40505 ($23,549), 40504 ($23,476), 40508 ($18,240), 40361 ($27,702), and Bourbon County ($27,676).

40511$32,158
Lexington-Fayette$35,466
Bourbon County$27,676
Fayette County$35,466
Scott County$33,535

High Income Households

% of households make over $200,000 a year. The percent high income households (3.7%) for 40511 is less than the percent high income households for 40324 (5.8%), 40347 (9.3%), 40510 (18.7%), 40516 (8.2%), 40383 (3.8%), Scott County (6.2%), Fayette County (6.9%), and Lexington-Fayette (6.9%). But it's more than 40505 (0.8%), 40504 (1.6%), 40508 (3.3%), 40361 (3.1%), and Bourbon County (3.2%).

405113.7%
Lexington-Fayette6.9%
Bourbon County3.2%
Fayette County6.9%
Scott County6.2%

Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
40511 $52,500 $71,364 $72,060 $44,826
Lexington-Fayette $24,775 $63,274 $74,571 $51,022
Bourbon County $-1 $58,693 $50,816 $42,272
Fayette County $24,775 $63,274 $74,571 $51,022
Scott County $51,027 $75,822 $84,462 $49,279

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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 Capital Income High Income Households Median Household Income by Age of Householder
under 25 25 to 44 45 to 64 65+
40511 +/-$5,348 +/-$8,504 +/-$3,502 +/-1.3% +/-$13,641 +/-$6,967 +/-$7,807 +/-$3,705
Lexington-Fayette +/-$1,465 +/-$1,944 +/-$789 +/-0.5% +/-$2,746 +/-$2,001 +/-$3,022 +/-$2,625
Bourbon County +/-$4,489 +/-$5,408 +/-$1,916 +/-1.2% +/-$-1 +/-$14,840 +/-$12,442 +/-$4,081
Fayette County +/-$1,465 +/-$1,944 +/-$789 +/-0.5% +/-$2,746 +/-$2,001 +/-$3,022 +/-$2,625
Scott County +/-$3,679 +/-$3,088 +/-$1,033 +/-1.1% +/-$8,126 +/-$5,435 +/-$7,272 +/-$3,546