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Demographics
Population
Median Income
Racial Distributions
Zip code 40515 in Lexington-Fayette, Kentucky, is classified as a "White Majority" area with "Moderate Diversity" as of 2022. The white population comprises 78% of the total, with other racial groups having significant representation. The median income in 2022 was $89,802, indicating a relatively affluent community.
Over the past decade, this zip code has maintained its status as a "White Majority" area. However, there has been a gradual shift towards increased diversity. The white population decreased from 86% in 2013 to 78% in 2022. The community transitioned from "Low Diversity" in 2013 to "Moderate Diversity" by 2022.
The area shows characteristics of a "Transitional Community," with notable increases in Hispanic and multiracial populations. The Hispanic population grew from 2% in 2013 to 6% in 2022, while those identifying as two or more races increased from 1% to 4%. The Asian and Black populations have also seen modest increases, contributing to the overall diversification.
The demographic shifts correlate with significant economic changes. The median income has risen from $81,816 in 2013 to $89,802 in 2022, an increase of about 9.8%. This income growth coincides with the increasing diversity, suggesting that the area is attracting a more diverse, affluent population. The population has grown from 35,114 in 2013 to 36,771 in 2022, a modest increase of about 4.7%.
The income growth in this zip code outpaces national averages, suggesting a particularly prosperous area. The gradual diversification trend aligns with broader national patterns of increasing diversity in suburban areas. The maintenance of a strong white majority, despite increasing diversity, is characteristic of many affluent suburban areas that are slowly becoming more diverse.
Zip code 40515 in Lexington-Fayette, Kentucky, represents a prosperous, predominantly white community that is experiencing a gradual but significant transition towards greater diversity. This demographic evolution, coupled with strong economic growth, suggests a dynamic environment. The area's ability to maintain high median incomes while becoming more diverse could indicate a successful integration of new residents.