40514, Lexington, KY

The 40514 zip code of Lexington, KY has a median home value of $143,000 and a median home equity value of $131,000. These values are above the national median home value and median home equity values, respectively. The 40514 zip code is also above the Lexington-Fayette county median home value and the Kentucky statewide median home value.

The 40514 zip code has a high concentration of homes with a mortgage balance greater than 80% of the property's appraised value. This concentration is likely due to the high levels of homeownership in this area and the relatively low levels of unemployment in Lexington. The percentage of homes with a mortgage balance greater than 80% is below the Lexington-Fayette county and Kentucky statewide percentages but is above the national percentage.

The 40514 zip code also has a high concentration of homes with an annual income greater than $200,000. This concentration may be due to the presence of several universities in this area (including Universityof Kentucky) as well as high-paying jobs in healthcare, technology, and other industries. The percentage of homes with an annual income greater than $200,000 is above both the Lexington-Fayette county and Kentucky statewide percentages but below the national percentage.