Moving to Lexington-Fayette, KY

A complete guide to the metro

Should you move to Lexington-Fayette, KY?

Lexington-Fayette, KY is home to 516,811 residents. Over the past decade, Lexington-Fayette has seen an increase in population of 0.27%, making it #146 out of 392 US Metros in population growth.

The primary occupations in Lexington-Fayette, KY are Management, business, science, and arts occupations, followed by Sales and office occupations, earning a median revenue of $40,603. The median household income in Lexington-Fayette, KY is $62,612, ranking it #189.

Taking household income and the median home price of $294,750 into consideration, Lexington-Fayette, KY received a home affordability grade of A.

Who is Lexington-Fayette, KY for?

Based on the aged population, plus factors like weather and affordability, Lexington-Fayette is Not great for retirees. Families are 59.6% of households, which is one consideration for why this Metro is okay for families —  C grade — and great for singles — scoring a B.

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How Does Lexington-Fayette Rank?

D
Retirement
D
Diversity
B
Professionals
C
Raising a Family
A
Affordable Living

Who Lives in Lexington-Fayette?

Discover more about the people who make up the Metro

Total Population

516,811

10-Year Change

0.27%

D
Diversity Grade
White alone
76.7%
Black or African American alone
9.5%
American Indian and Alaska Native alone
0.3%
Asian alone
2.5%
Native Hawaiian and Other Pacific Islander alone
0%
Hispanic or Latino
6.5%

Total Households

215,613

Per Household

2.33

Men vs. Women
Female 51.2%
D
Retirement
C
Raising a Family
Under 5 years
5.7%
Under 18 years
21.8%
Over 65 years
15.2%

How does Lexington-Fayette compare?

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Housing in Lexington-Fayette

Buying or renting? Here’s more about real estate in the Metro

Total Households

Own vs. Rent

Own 57.5%
Rent 42.5%

Typical Age of Homes

1980 to 1999

Common Residence Type

single-family homes

Median Home Price (Q1 2023)

$294,750

Median Square Footage

2,301

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Monthly Mortgage (Median)

$1,340

Annual Property Taxes (Median)

$1,928

Moving advice

Increase your odds of a quick sale, earning more money, or saving your rental deposit by hiring a professional cleaner. A study by HomeLight found home sellers who invest in cleaners earned $3,700 more

Cost of Living in Kentucky

How Does Kentucky Compare?

22
in Cost of Living
31
in Minimum Wage
7
in Living Wage

Kentucky State Taxes

Don't forget!

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Renter’s insurance protects you, your guests, and your things. Lemonade offers renters insurance plans for as low as $5 per month.

Should you move to Kentucky?

Kentucky, the Bluegrass State, is a place of Southern charm, beautiful landscapes, and vibrant industries. Famous for its horse racing and bourbon distilleries, Kentucky offers a unique blend of cultural richness and economic opportunity.

Kentucky’s economy is diverse, with strong sectors in manufacturing, healthcare, and agriculture. Louisville, the largest city, is a major hub for the shipping and cargo industry, while Lexington, the “Horse Capital of the World,” is renowned for its horse breeding and racing.

Living in Kentucky presents a medley of experiences. Cities like Louisville and Lexington offer cultural richness with music festivals, art exhibits, and a burgeoning food scene. Beyond the cities, the state is blessed with natural beauty, from the rolling bluegrass hills to the stunning Mammoth Cave National Park. Outdoor enthusiasts can enjoy hiking, horseback riding, fishing, and boating.

Kentucky values education, with reputable universities such as the University of Kentucky and the University of Louisville.

If you’re looking for a state that offers a unique cultural heritage, a diverse economy, natural beauty, and a commitment to education, Kentucky could be your ideal choice. Just remember to brush up on your horse racing knowledge before the famous Kentucky Derby!

Need some help with your move?

Moving labor can be hired by the hour, helping you budget for the heavy stuff or your entire move.

Lexington-Fayette Economy

The industries, jobs, and economics of the Metro

Median Household Income

$62,612

US Average $74,580

Per Capita Income

$36,243

How does Lexington-Fayette compare?

Primary Occupations

Management, business, science, and arts occupations

Secondary Occupations

Sales and office occupations

Is Lexington-Fayette Safe?

How much crime is in the Metro?

Crime Rating: Very High Crime

Total Crimes (2022)

30396

Crime Rate

Per 100,000 residents

Violent crimes: 649.9

Murder: 6.2

Violent crimes: 649.9

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