ZIP Code 40503

Households in ZIP code 40503, part of Lexington, earn a median of $76,482, placing the area squarely in middle-income territory rather than at either extreme. Per-capita income reaches $48,091, and homes carry a median value of $296,800. Property taxes in this county run at an effective rate of 0.87%, so a home at that median value generates roughly $2,580 in annual taxes. Add a combined sales tax of 6.00% on purchases, and you get a community where earnings and housing costs sit in balance, with a tax load that stays proportionate to what people bring in.