ZIP comparison · Lexington-Fayette, KY

40503 vs 40516

Side-by-side comparison of two ZIP codes — typical home value, rent, yield, taxes, schools, and demographics. The greener number on each row signals which ZIP comes out ahead on that metric.

MetricZIP40503Lexington-Fayette urban county, KYZIP40516Lexington-Fayette urban county, KY
Home value
Typical home valueBetter: $347,576$341,760
1-year appreciationBetter: +2.1%+1.0%
5-year CAGRBetter: +5.9%+5.0%
10-year CAGRBetter: +6.4%+5.6%
Rent & investment
Monthly rent$1,566
Gross yield5.4%
Cap rate3.2%
Property tax
Effective tax rate0.8%Better: 0.8%
Typical annual tax$2,941Better: $2,671
Demographics
Population27,4512,926
Median household income$76,482Better: $84,510
Climate & migration
Overall risk (FEMA NRI)Relatively ModerateRelatively Moderate
Net migration-575-575
Schools
Public schools8
Students enrolled5,527