ZIP Code 40502

In ZIP code 40502, part of Lexington, households bring in a median of $76,948 a year, while per-capita income reaches $67,728 — a sign of solid earning power across the area. A median home value of $517,900 means property taxes, levied at 0.87% countywide, would run roughly $4,500 annually for a home at that price. Add the 6.00% combined sales tax on everyday purchases, and housing costs clearly dominate the budget here. The gap between median household and per-capita income also hints at smaller household sizes, which can ease pressure on day-to-day expenses.