Can you afford to live in Lexington?

Median household income, home values and rent in Lexington, KY — how they've changed since 2015 and how much of a typical paycheck housing takes compared with the rest of the country.

U.S. Census Bureau, American Community Survey 5-year estimates.

This story was assembled using AI and public data sources.

What it costs to live in Lexington.

Median household income: $67,631 — +35.9% since 2015 (not adjusted for inflation)

Median gross rent: $1,101/mo — +41.5% since 2015

Median home value, 2015 to 2023

• 2015: 168100
• 2023: 272100

Median household income

• Lexington: 67631
• Fayette County: 67631
• KY: 62417
• U.S.: 78538

Median gross rent

• Lexington: 1101
• Fayette County: 1101
• KY: 933
• U.S.: 1348

Share of income a typical renter spends on rent: 29.9% — U.S.: 30.2%

What it means

The typical household here earns $67,631 — notably lower than the national figure of $78,538.

The typical renter here spends 29.9% of household income on rent, below the 30% cost-burden line.

Since 2015, rent has risen faster than income here (+41.5% versus +35.9%), before adjusting for inflation.