ZIP Code 40509 — Lexington, KY
IRS Income Data, Tax Year 2022
About Lexington, KY
University and horse-racing hub with healthcare employment opportunities and wage growth throughout. University of Kentucky drives intellectual capital. Reasonable taxes and housing effectively support and strengthen middle income across neighborhoods.
Income Bracket Distribution
Percentage of tax returns in each AGI bracket for ZIP 40509.
Detailed Bracket Data
| Income Bracket | Returns | Total AGI | Avg AGI in Bracket | % of Returns |
|---|---|---|---|---|
| $1 - $25,000 | 5,100 | $62,395,000 | $12,234 | 24.2% |
| $25,000 - $50,000 | 4,490 | $166,630,000 | $37,111 | 21.3% |
| $50,000 - $75,000 | 3,080 | $189,154,000 | $61,413 | 14.6% |
| $75,000 - $100,000 | 2,040 | $176,879,000 | $86,705 | 9.7% |
| $100,000 - $200,000 | 4,260 | $599,697,000 | $140,773 | 20.2% |
| $200,000 or more | 2,120 | $884,918,000 | $417,414 | 10.1% |
| Total | 21,090 | $2,079,673,000 | $98,609 | 100% |
Nearby Major Cities
Closest cities by distance with significant tax filing activity.
| City | Distance | Avg AGI | Tax Returns |
|---|---|---|---|
| Louisville, KY | 75 mi | $73,230 | 131,160 |
| Cincinnati, OH | 81 mi | $84,663 | 126,940 |
| Dayton, OH | 123 mi | $60,444 | 87,270 |
| Knoxville, TN | 140 mi | $85,647 | 125,390 |
| Southport, IN | 153 mi | $62,130 | 64,650 |
| Columbus, OH | 156 mi | $65,553 | 255,800 |
Similar ZIP Codes in Kentucky
| ZIP Code | City | Avg AGI | Nat. Rank |
|---|---|---|---|
| 40515 | Lexington | $99,855 | #4,687 |
| 42001 | Paducah | $99,884 | #4,683 |
| 42122 | Alvaton | $96,903 | #5,106 |
| 40516 | Lexington | $100,728 | #4,572 |
| 40204 | Louisville | $100,793 | #4,563 |
| 41092 | Verona | $95,160 | #5,352 |
| 40206 | Saint Matthews | $103,176 | #4,303 |
| 42265 | Olmstead | $93,369 | #5,653 |
Nearby ZIP Codes
Closest ZIP codes by geographic distance.
| ZIP Code | City | Distance | Avg AGI | Nat. Rank |
|---|---|---|---|---|
| 40515 | Lexington, KY | 5.5 mi | $99,855 | #4,687 |
| 40517 | Lexington, KY | 6.2 mi | $48,012 | #25,005 |
| 40516 | Lexington, KY | 6.3 mi | $100,728 | #4,572 |
| 40502 | Lexington, KY | 6.5 mi | $163,657 | #1,416 |
| 40505 | Lexington, KY | 7.1 mi | $52,594 | #23,021 |
| 40507 | Lexington, KY | 7.8 mi | $139,316 | #2,053 |
| 40508 | Lexington, KY | 8.2 mi | $49,513 | #24,440 |
| 40503 | Lexington, KY | 9.1 mi | $82,626 | #8,002 |
About This Data
Income data is based on IRS Statistics of Income (SOI) ZIP code data for Tax Year 2022. AGI (Adjusted Gross Income) represents gross income minus certain deductions. Rankings are calculated across 647 ZIP codes in Kentucky and all U.S. ZIP codes nationally. Data reflects tax returns filed, not total population.