Located in the heart of the Kentucky Bluegrass region, Lexington is known as the “Horse Capital of the World.” Despite the Kentucky education stigma, nearly 40 percent of Lexington residents have their bachelor’s degree, and according to the Census Bureau Lexington is the tenth most educated city in the nation. With a median household income of $50,139 and a generous housing market, Lexington is a fantastic place to call home.
The average home price in Lexington, KY is $142,500. Most homes are selling for $166/square foot, which means you’re getting a great amount of house for great prices. The market is good for both buyers and sellers right now. Lexington is a safe, beautiful city that charms all who visit. If you invest in a home in Lexington, you won’t be disappointed in the value, both personal and financial.
Lexington residents take their public education very seriously. Fayette County schools have consistently ranked well above the national average on standardized testing. There are many Lexington schools that are rated 10/10 by greatschools.org, the leader in school ranking data.
A large source of employment in Lexington is equine related. From breeding to boarding, Lexington is an equestrian’s dream, and horses are a billion dollar industry here. Unemployment in Lexington has held steady at 6.5 percent, which is on par with the national average and less than Kentucky’s current unemployment rate. This means those who live in Lexington are generally better off than man other areas in the state and the country.
Out and About Around Town
Lexington is a great location for those who love American history, horseback riding, and the great outdoors. Home to the Mary Todd Lincoln House and many other historical sites, like Ashland: The Henry Clay Estate, Lexington boasts a rich past that has laid a foundation for the future. Downtown Lexington residents enjoy arts centers, an opera house, and locally sourced products.
City at a Glance
Overall, Lexington is a great place for the young and old. With pleasant summertime temperatures, beautiful parks, and a low crime rate, it’s no wonder many call Lexington home. Forbes recently placed Lexington as the 27th best place to do business in the country. With an endorsement like that, more industry is sure to follow in the coming years to an area already bustling.