Everything You Need to Know About the City of Lexington-Fayette Kentucky

In 2018, Lexington-Fayette, Kentucky had a population of 324k people with a median age of 34.9 and a median household income of $54,896. Between 2017 and 2018 the population of Lexington-Fayette, KY grew from 321,959 to 323,780, a 0.566% increase and its median household income declined from $56,137 to $54,896, a -2.21% decrease.

The population of Lexington-Fayette, KY is 70.6% White Alone, 14.5% Black or African American Alone, and 7.42% Hispanic or Latino. N/A% of the people in Lexington-Fayette, KY speak a non-English language, and 93.2% are U.S. citizens.

The largest universities in Lexington-Fayette, KY are the University of Kentucky (7,232 degrees awarded in 2017), Bluegrass Community and Technical College (3,527 degrees), and Transylvania University (254 degrees).

The median property value in Lexington-Fayette, KY is $193,300, and the homeownership rate is 55.8%. Most people in Lexington-Fayette, KY commute by Drove Alone, and the average commute time is 20 minutes. The average car ownership in Lexington-Fayette, KY is 2 cars per household.


Education in Lexington-Fayette

In 2017, universities in Lexington-Fayette, KY awarded 11,597 degrees. The student population of Lexington-Fayette, KY is skewed towards women, with 17,769 male students and 23,050 female students.

Most students graduating from Universities in Lexington-Fayette, KY are White (8,917 and 79.7%), followed by Black or African American (850 and 7.6%), Hispanic or Latino (407 and 3.64%), and Unknown (398 and 3.56%).

The largest universities in Lexington-Fayette, KY by the number of degrees awarded are University of Kentucky (7,232 and 62.4%), Bluegrass Community and Technical College (3,527 and 30.4%), and Transylvania University (254 and 2.19%).

The most popular majors in Lexington-Fayette, KY are Liberal Arts & Sciences (701 and 6.04%), Licensed Practical & Vocational Nurse Training (437 and 3.77%), and Industrial Mechanics & Maintenance Technology (367 and 3.16%).

The median tuition costs in Lexington-Fayette, KY are $35,770 for private four-year colleges, and $10,579 and $26,683 respectively, for public four-year colleges for in-state students and out-of-state students.


Economy in Lexington-Fayette

The economy of Lexington-Fayette, KY employs 172k people. The largest industries in Lexington-Fayette, KY are Educational Services (26,024 people), Health Care & Social Assistance (24,068 people), and Retail Trade (21,649 people), and the highest paying industries are Management of Companies & Enterprises ($111,103), Mining, Quarrying, & Oil & Gas Extraction ($76,534), and Finance & Insurance ($60,000).

Median household income in Lexington-Fayette, KY is $54,896. Males in Lexington-Fayette, KY have an average income that is 1.31 times higher than the average income of females, which is $44,811. The income inequality in Lexington-Fayette, KY (measured using the Gini index) is 0.454, which is lower than the national average.