ZIP 40514 — Business Opportunities

Lexington, KY · Local economy intelligence

Population

17,238

Median income

$97,669

Median age

38.0

Households

6,420

Top business opportunities in 40514

The highest-scored business categories to consider opening in Lexington, KY, based on demand (population, income, demographic fit) versus existing supply.

1. Jewelry & Accessories 100/100
~2.9 businesses underserved · confidence: medium
2. Electronics 77/100
~1.6 businesses underserved · confidence: medium
3. Electronics Repair 77/100
~2.4 businesses underserved · confidence: medium
4. Furniture & Home Decor 75/100
~2.0 businesses underserved · confidence: medium
5. Clothing & Apparel 70/100
~3.9 businesses underserved · confidence: medium
6. Childcare 58/100
~1.3 businesses underserved · confidence: medium
7. Toys & Games 50/100
~1.3 businesses underserved · confidence: medium
8. Schools 46/100
~6.4 businesses underserved · confidence: medium
9. Bars & Nightlife 45/100
~2.3 businesses underserved · confidence: medium
10. Grocery 45/100
~1.3 businesses underserved · confidence: medium

What's already here — existing business mix

The most common business categories currently operating in ZIP 40514.

Religious — 10 businesses
Fast Food — 7 businesses
Restaurants — 6 businesses
Park — 3 businesses
Gas Stations — 3 businesses
Cafes & Coffee Shops — 3 businesses
Grocery & Supermarkets — 2 businesses
Convenience Stores — 2 businesses
Pharmacies — 2 businesses
Banking & Finance — 2 businesses
Charity — 2 businesses
Schools — 1 businesses
Swimming Pool — 1 businesses
Beauty & Nail Salons — 1 businesses
Fitness Centre — 1 businesses

Full demographic profile

Population	17,238
Households	6,420
Median household income	$97,669
Per capita income	$43,211
Median age	38.0
% bachelor's degree or higher	54.046%
% age 18–34	17.009%
% age 65+	8.446%
% renter-occupied	27.002%
Median home value	$273,700
Median gross rent	$1,441
Unemployment rate	2.071%

Nearby ZIPs in KY

40219 Louisville · 40218 Louisville · 40217 Louisville · 40216 Louisville · 40215 Louisville · 40214 Louisville

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