ZIP Code 40516

Lexington, KY — income, home value, property tax, and sales tax.

Median household income
$84,510
Per-capita income
$43,141
Median home value
$293,500
Property tax rate
0.87%
Combined sales tax
6.00%

In ZIP code 40516, near Lexington, households earn a median of $84,510, with per-capita income at $43,141. A median home value of $264,100 pairs with a county property tax rate of 0.87%, so annual property taxes land near $2,298. Sales tax runs 6.00% on purchases. Together, these figures sketch a community where earnings sit above many parts of the state, housing costs track well below the priciest markets, and both tax rates stay contained. That combination leaves breathing room in a monthly budget without requiring extreme trade-offs on where to live.

See how Lexington, KY taxes stack up

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