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Fayette County, KY&

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Population
318,449
1.26% growth
Median Age
34.4
Median Household Income
$53,178
2.37% growth
Poverty Rate
17.7%
Number of Employees
166,825
2.84% growth
Median Property Value
$181,200
6.46% growth

About the photo: Lexington, KY

Economy

The economy of Fayette County, KY employs 166,825 people. The economy of Fayette County, KY is specialized in Management of Companies & Enterprises; Educational Services; and Agriculture, Forestry, Fishing, Hunting, which employ respectively 1.87; 1.62; and 1.5 times more people than what would be expected in a location of this size. The largest industries in Fayette County, KY are Educational Services (24,678), Healthcare & Social Assistance (22,160), and Retail trade (21,840), and the highest paying industries are Mining, Quarrying, Oil, Gas Extraction ($80,368), Utilities ($53,750), and Professional, Scientific, Tech Services ($51,915).

Median household income in Fayette County, KY is $53,178. Males in Fayette County, KY have an average income that is 1.25 times higher than the average income of females, which is $49,598. The income inequality of Fayette County, KY (measured using the Gini index) is 0.435 which is lower than the national average.

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Health & Safety

Insurance and Medicare coverage combined with state and county level health and safety statistics for Fayette County, KY. In Fayette County, KY the age groups most likely to have health care coverage are 6-17 and 35-44, men and women, respectively. The location has a 1 to 124 primary care clinician to patient ratio and a Medicare reimbursement average per patient per year of $9,083. Perry County, KY has the highest prevalence of homicides of any county in Kentucky.

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Diversity

Fayette County, KY is home to a population of 318,449 people, from which 93.1% are citizens. The ethnic composition of the population of Fayette County, KY is composed of 226,184 White residents (71%), 45,676 Black residents (14.3%), 21,948 Hispanic residents (6.89%), 11,699 Asian residents (3.67%), and 8,681 Two+ residents (2.73%). The most common foreign languages in Fayette County, KY are Spanish (17,943 speakers), Chinese (3,406 speakers), and Arabic (1,552 speakers), but compared to other places, Fayette County, KY has a relative high number of Japanese (1,046 speakers), Arabic (1,552 speakers), and Thai (196 speakers).

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Veterans

Education

In 2015 universities in Fayette County, KY awarded 11,141 degrees. The student population of Fayette County, KY is skewed towards females, with 5,016 male students and 6,125 female students. Most students in Fayette County, KY are White (8,724 and 78.3%), followed by Black or African American (954 and 8.56%), Unknown (315 and 2.83%), and Hispanic or Latino (301 and 2.7%). The largest universities in Fayette County, KY by number of graduates are University of Kentucky (6,709 and 60.2%), Bluegrass Community and Technical College (3,177 and 28.5%), and National College-Lexington (386 and 3.46%). The most popular majors in Fayette County, KY are Physical Education Teaching & Coaching (241 and 2.16%), General Biological Sciences (227 and 2.04%), and General Psychology (221 and 1.98%). The median tuition costs in Fayette County, KY are $34,370 for private four year colleges, and $10,173 and $25,023 respectively, for public four year colleges for in-state students and out-of-state students.

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Housing & Living

The median property value in Fayette County, KY is $181,200, which is 0.88 times smaller than the national average of $205,000. Between 2015 and 2016 the median property value increased from $170,200 to $181,200, a 6.46% increase. The homeownership rate of Fayette County, KY is 55.6%, which is lower than the national average of 63.1%. People in Fayette County, KY have an average commute time of 20.1 minutes, and they commute by Drove Alone. Car ownership in Fayette County, KY is approximately the same as the national average, with an average of 2 cars per household.

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