Lexington is currently growing at a rate of 0.82% annually and its population has increased by 1.66% since the most recent census, which recorded a population of 322,570 in 2010. The average household income in Lexington is $83,111 with a poverty rate of 15.80%.
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Lexington Poverty.
| Name | Poverty |
|---|---|
| Bachelors or Greater | 4.83% |
Besides, What is the safest city in Kentucky? Safest Cities in Kentucky, 2019
| Rank | City | Safety Index |
|---|---|---|
| 1 | Somerset | 1.08 |
| 2 | Madisonville | 0.73 |
| 3 | Lawrenceburg | 0.5 |
| 4 | Fort Thomas | 0.43 |
Where do the rich live in Kentucky?
In Kentucky, Lexington is home to more billionaires than any other city. A total of two billionaires live in Lexington with a combined net worth of $8.5 billion. Of Lexington residents with a minimum 10-figure net worth, Tamara Gustavson is the wealthiest, worth an estimated $5.5 billion.
What percent of Lexington KY is black? The 5 largest ethnic groups in Lexington-Fayette, KY are White (Non-Hispanic) (70.6%), Black or African American (Non-Hispanic) (14.8%), Asian (Non-Hispanic) (4.13%), Two+ (Non-Hispanic) (2.95%), and White (Hispanic) (2.86%).
Hence, What is Lexington KY known for? The region is famed for its horse breeding, and Lexington claims the title of “horse capital of the world.” The horse paddocks enclosed by white fences are common sights. Besides the many equestrian-related things to do, Lexington is filled with numerous historical, natural, and cultural attractions to explore.
Is Louisville or Lexington safer?
The pedestrian accident numbers are clearer and easier to read, with Louisville easily outranking Lexington as one of the most dangerous places in Kentucky for pedestrians.
What percentage of Kentucky is black?
Population (up 7.4% to 331.4 million). Race and ethnicity (White alone 61.6%; Black alone 12.4%; Hispanic 18.7%; Asian alone 6%; American Indian and Alaska Native alone 1.1%; Native Hawaiian and Other Pacific Islander alone 0.2%; Some Other Race alone 8.4%; Two or More Races 10.2%).
What is the most common crime in Kentucky?
Property crime This share was higher in Kentucky, with property crimes accounting for 90% of all crimes reported in the state. There were 84,769 property crimes reported in Kentucky in 2019, or 1,897 per 100,000 residents.
Why are people moving to Lexington KY?
Lexington is a great place to live because of its stable economy, diverse job market, and low cost of living. It is ranked as one of the top 20 most affordable places to live in the United States, with a cost of living index that’s well below the national average.
Is Lexington a good city to move to?
In its first year in the annual U.S. News & World Report rankings of the best places to live in the United States, Lexington was ranked 21st. The study from U.S. News looked at a variety of factors, including jobs, crime, population growth, cost of living and access to quality health care, to determine its rankings.
What is a good salary in Lexington Kentucky?
A good salary in Lexington, KY is anything over $88,200. That’s because the median income in Lexington is $88,200, which means if you earn more than that you’re earning more than 50% of the people living in Lexington.
What are winters like in Lexington KY?
Compared to Midwestern cities, winter is relatively mild for Lexington; the average daily temperature in winter is around 37 degrees F. That said, winters always have at least one prolonged period of bitter temperatures. Historically, most of Lexington’s severe winter storms have hit between January and March.
What is the best area to live in Lexington KY?
5 Best Neighborhoods to Live in Lexington, KY
- Chevy Chase and Ashland Park. If you have the cash to spend, look at buying a home in this desired area. …
- Historic Downtown. …
- Beaumont. …
- Southland Corridor. …
- Kenwick. …
- Find Your Dream Home in Lexington Today. …
- Related links.
Is Lexington Ky cheap?
Lexington is consistently ranked the most affordable city for early retirement because of its inexpensive housing, accessible healthcare, and generally low cost of living.
How much do you need to live comfortably in KY?
Kentucky’s living wage for an individual is $14.16 an hour, or $29,459 a year. Housing costs an individual $6,907 annually. A family of four requires $20.16 an hour, or $83,274 a year, to cover their basic needs. Annually, they will spend $9,708 on housing, $12,965 on transportation, and $14,955 on childcare.
How much does it cost to live comfortably in Lexington KY?
Lexington-Fayette cost of living is 89.1
| COST OF LIVING | Lexington-Fayette | Kentucky |
|---|---|---|
| Health | 89.8 | 93.9 |
| Housing | 80.3 | 63.3 |
| Median Home Cost | $238,800 | $165,900 |
| Utilities | 90.9 | 92.9 |
What is a livable salary in Kentucky?
Living Wage Calculation for Kentucky
| 1 ADULT | 2 ADULTS (1 WORKING) | |
|---|---|---|
| 0 Children | 2 Children | |
| Living Wage | $15.46 | $34.49 |
| Poverty Wage | $6.19 | $12.74 |
| Minimum Wage | $7.25 | $7.25 |
Does Lexington Ky get tornadoes?
The risk of tornado damage in Lexington is higher than Kentucky average and is higher than the national average.
What city in Kentucky has the best weather?
As one of the least humid cities in Kentucky, Franklin has overall the best weather in the state. Despite an annual rainfall of about 50 inches on average, Franklin, Kentucky sees about 210 sunny days all year and average summer temperatures in the high 80s.
Does it rain a lot in Lexington KY?
Lexington-Fayette, Kentucky gets 46 inches of rain, on average, per year. The US average is 38 inches of rain per year. Lexington-Fayette averages 10 inches of snow per year. The US average is 28 inches of snow per year.
Is Lexington cheaper than Louisville?
Lexington-Fayette is 0.8% more expensive than Louisville. Lexington-Fayette housing costs are 15.4% more expensive than Louisville housing costs. Health related expenses are 4.4% more in Lexington-Fayette.
What city in Kentucky has the highest crime rate?
It may surprise you that Paducah, one of our favorite day-trip destinations in the Bluegrass, comes in as the most dangerous city in Kentucky. With a population of over 24,000 and significant crime rates, it’s definitely a place to exercise caution when visiting.
Why should I move to Kentucky?
Kentucky has a low cost of living Housing, transportation, utilities, and healthcare are more affordable in Kentucky than in the neighboring states. The median home cost is $145,230 while the national median cost is $231,200.
Is it safe to travel to Lexington Kentucky?
Few travel destinations are as well-suited for social distancing as Lexington, Kentucky. When you’re surrounded by 450 horse farms in the Horse Capital of the World, there’s plenty of space to spread out.
Is Lexington Kentucky worth visiting?
In the heart of the Bluegrass region, Lexington has more than 500 horse farms, and the Kentucky Horse Park provides visitors a feel for life on the farm. It’s not often you find a city where fine dining and museums are nestled right together with the great outdoors, but Lexington is one of the rare exceptions.
Which city is bigger Lexington or Louisville?
Lexington’s population is nearly 300,000 while Louisville’s is nearly 700,000.
Is Louisville near Lexington?
There are 69.74 miles from Louisville to Lexington in southeast direction and 78 miles (125.53 kilometers) by car, following the I-64 E route. Louisville and Lexington are 1 hour 16 mins far apart, if you drive non-stop . This is the fastest route from Louisville, KY to Lexington, KY. The halfway point is Waddy, KY.
