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CENSUS TRACT

Census Tract 5

Kentucky · Fayette County · 3,128 residents · 0.596 sq mi
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TRACT SHAPE · Fayette County, KY
The short version

Census Tract 5 has roughly average household income, with a median household income of $80,699. Population has declined 8% since 2020. 71% of adults hold a bachelor's degree or higher, well above the national rate of 36%. Median home value has risen by half since 2020, reaching $426,800.

At a glance
Average income
near the US median
US median: $82,259
Younger
median age 36.3
US median: 38.9
More educated
71% hold a bachelor's degree
US average: 36%
Less affordable
home values up 42%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
3,128
−8%since 2020
from 3,411 in 2020
2020 – 2024
Population density
5,248 / sq mi
−8%since 2020
from 5,723 / sq mi in 2020
US average: 281
Median age
36.3
+7%since 2020
from 34.0 in 2020
US average: 38.9
Population, 20202024
3K3K3K3K3K20202024Census Tract 5
20243K
20202024
Section 02

Income & economy

Median household income
$80,699
+3%inflation adjusted, since 2020
from $64,426 in 2020
US average: $82,259
2020 – 2024
Per capita income
$67,239
+37%since 2020
from $49,199 in 2020
US average: $44,673
Households earning $100K+
55.5%
+7.4 ptssince 2020
from 48.1% in 2020
US average: 53.3%
Poverty rate
8.9%
−2.3 ptssince 2020
from 11.2% in 2020
US average: 12.5%
Income inequality (Gini)
0.545
+3%since 2020
from 0.529 in 2020
US average: 0.476
Workforce by industry, 2024
Other services11.1%
US avg: 6.7%
Information10.8%
US avg: 10.8%
Public administration8.9%
US avg: 4.8%
Finance & insurance5%
US avg: 5.9%
Professional, scientific, technical4.3%
US avg: 5.1%
Transportation & warehousing4.1%
US avg: 2.2%
Agriculture, forestry, fishing4%
US avg: 1.6%
Construction4%
US avg: 1.2%
Wholesale trade1.9%
US avg: 6.9%
Retail trade1.7%
US avg: 9.9%
Arts, entertainment, food1.3%
US avg: 1.9%
Education & health services0.6%
US avg: 0.9%
Manufacturing0%
US avg: 0.4%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$426,800
+42%inflation adjusted, since 2020
from $248,100 in 2020
US average: $376,019
2020 – 2024
Median gross rent
$1,051
−16%inflation adjusted, since 2020
from $1,036 in 2020
US average: $1,442
Owner-occupied
69.3%
+3.6 ptssince 2020
from 65.7% in 2020
30.7% rent
Vacancy rate
10.8%
−1.2 ptssince 2020
from 12.0% in 2020
US average: 10.0%
Owner cost-burdened
16.5%
+0.4 ptssince 2020
from 16.1% in 2020
US average: 22.9%
Renter cost-burdened
47.3%
+10.1 ptssince 2020
from 37.1% in 2020
US average: 47.4%
Afford Score
5.3
+37%since 2020
from 3.9 in 2020
2020 – 2024
RELATED:See current rent listings in Census Tract 5 on RentDataNow
Section 04

Race & ethnicity

2020
White, non-Hispanic87.4%(2,982)
Black4.6%(157)
Hispanic / Latino2.5%(84)
Asian0.1%(4)
Other5.4%(184)
Diversity Score28.8%(981)
2024
White, non-Hispanic88.3%(2,762)
Black3.5%(111)
Hispanic / Latino2.2%(69)
Asian2.6%(81)
Other3.4%(105)
Diversity Score27.1%(848)
Diversity Score
27
−6%since 2020
from 29 in 2020
2020 – 2024
Section 05

Education

Bachelor's degree or higher
71.3%
+13.7 ptssince 2020
from 57.6% in 2020
US average: 35.6%
High school or higher
95.8%
+0.9 ptssince 2020
from 94.9% in 2020
US average: 89.6%
Graduate degree
31.3%
+2.0 ptssince 2020
from 29.3% in 2020
US average: 14.0%
Section 06

Commute & transportation

Average commute
16.9 min
+1%since 2020
from 16.7 min in 2020
US average: 26.5
Drive alone to work
73.9%
+5.8 ptssince 2020
from 68.1% in 2020
US average: 68.9%
Carpooled to work
2.3%
−8.5 ptssince 2020
from 10.8% in 2020
US average: 8.5%
Public transit
0.0%
Unchangedsince 2020
from 0.0% in 2020
US average: 3.2%
Worked from home
17.7%
+6.5 ptssince 2020
from 11.2% in 2020
US average: 15.0%
Walked to work
1.4%
−4.1 ptssince 2020
from 5.6% in 2020
US average: 2.4%
Biked to work
3.9%
+1.3 ptssince 2020
from 2.6% in 2020
US average: 0.4%
No vehicle available
4.6%
+2.7 ptssince 2020
from 1.9% in 2020
US average: 8.3%
Section 07

Work & employment

Unemployment rate
1.8%
−1.5 ptssince 2020
from 3.3% in 2020
US average: 5.2%
Labor force participation
71.8%
−8.9 ptssince 2020
from 80.7% in 2020
US average: 63.5%
Self-employed
16.0%
−2.6 ptssince 2020
from 18.6% in 2020
US average: 13.1%
Management & professional
60.0%
+3.5 ptssince 2020
from 56.6% in 2020
US average: 42.5%
Section 08

People & community

Male
54.0%
+5.5 ptssince 2020
from 48.5% in 2020
Female
46.0%
−5.5 ptssince 2020
from 51.5% in 2020
Foreign born
11.2%
+2.8 ptssince 2020
from 8.4% in 2020
US average: 14.1%
Veterans
1.2%
−2.0 ptssince 2020
from 3.3% in 2020
US average: 6.2%
With a disability
9.4%
+0.6 ptssince 2020
from 8.8% in 2020
US average: 13.3%
Uninsured
6.3%
+2.4 ptssince 2020
from 3.9% in 2020
US average: 8.4%
Broadband at home
96.5%
+1.5 ptssince 2020
from 95.0% in 2020
US average: 91.0%
English only at home
86.9%
−4.0 ptssince 2020
from 91.0% in 2020
US average: 77.7%
Spanish at home
0.6%
Unchangedsince 2020
from 0.6% in 2020
US average: 13.6%
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Frequently asked

How many people live in this census tract?

this census tract has about 3,128 residents according to the 2024 American Community Survey.

What is the median household income in this census tract?

The typical household in this census tract earns about $80,699 a year. Half of households make more than that, and half make less.

Is this census tract expensive?

In this census tract, the median home is worth about $426,800, and the typical rent is about $1,051 a month.

How educated are people in this census tract?

About 71.3% of adults age 25 and over in this census tract hold a bachelor's degree or higher.

What is the poverty rate in this census tract?

About 8.9% of people in this census tract live below the federal poverty line.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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