Moving to Lexington-Fayette
What you need to know before relocating to Lexington-Fayette, Kentucky. Data-driven insights on housing, jobs, safety, and quality of life.
Is Lexington-Fayette a Good Place to Live?
Based on data across cost of living, job market, safety, and education, Lexington-Fayette compares favorably on multiple dimensions. Highlights include rent ($1,117/mo) is below the national average; violent crime rate (224/100k) is well below the national average.
Lexington-Fayette at a Glance
Cost of Living in Lexington-Fayette
The median rent in Lexington-Fayette is $1,117/month, while the median home value is $289,200. With a median household income of $70,027, residents spend roughly 19% of monthly income on rent.
Overall, the Lexington-Fayette metro area is classified as affordable compared to other US metros.
Job Market
Lexington-Fayette has a median household income of $70,027, which is 6% below the national median. The local unemployment rate is 3.6%, compared to the national average of 3.7%.
Safety in Lexington-Fayette
The violent crime rate in Lexington-Fayette is 224 per 100,000 residents, which is 41% below the national average of 380.
Property crime rate: 1552 per 100,000 residents.
Education in Kentucky
Kentucky has a high school graduation rate of 89% and per-pupil spending of $15,337/year. The student-to-teacher ratio is 16:1.
31% of Kentucky adults hold a bachelor's degree or higher.
Healthcare Access
Kentucky has 243 physicians per 100,000 residents, a 8.9% uninsured rate, and 3.1 hospital beds per 1,000 people. Life expectancy in Kentucky is 73.6 years.
Pros and Cons of Living in Lexington-Fayette
+Pros
- ✓Rent ($1,117/mo) is below the national average
- ✓Violent crime rate (224/100k) is well below the national average
-Cons
- ✗Longer-than-average commute (235331 min)
Frequently Asked Questions
Is Lexington-Fayette a good place to live?⌄
Lexington-Fayette, Kentucky has several attributes that make it an attractive place to live, including rent ($1,117/mo) is below the national average and violent crime rate (224/100k) is well below the national average. It scores well on multiple quality-of-life metrics relative to the national average.
What is the cost of living in Lexington-Fayette?⌄
The median rent in Lexington-Fayette is $1,117/month and the median home value is $289,200. The median household income is $70,027. Overall the metro is considered affordable.
Is Lexington-Fayette safe?⌄
Lexington-Fayette has a violent crime rate of 224 incidents per 100,000 residents. The national average is approximately 380 per 100,000.
What is the job market like in Lexington-Fayette?⌄
Lexington-Fayette has an unemployment rate of 3.6%, compared to the national average of 3.7%. The median household income is $70,027.