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Correction: Fayette County population figure for Central Kentucky Market Review

Fayette County an ideal location for all

From education and employment opportunities to fun things to do, Lexington is really No. 1

What do you get when you add an educated workforce, central location, low business costs, an innovative ecosystem for entrepreneurs, and a high quality of life? You get the best place to live, work, and raise a family: Lexington, Ky.

Lexington took swift action to respond to the challenges of COVID-19, and its efforts led to being ranked No. 1 on WalletHub’s list of Cities Whose Unemployment Rates are Bouncing Back Most. The city has repeatedly been ranked as one of the top cities for economic development and quality of life, and 2020 is no different.

SmartAsset named Lexington the No. 10 best city for young professionals and the No. 2 city for college graduates. WalletHub named Lexington No. 9 of the 10 Most Diversified Metro Economies in the United States.

Anchored by the state’s flagship university, the University of Kentucky, the Bluegrass region boasts 10 colleges and universities within 40 miles of Lexington. In total, nearly 70,000 students are enrolled in institutions of higher learning in the Bluegrass. Among cities over 300,000 in population, the U.S. Census Bureau ranks Lexington as the 12th most highly educated in the nation, with nearly 43% of the population 25 years or older holding at least a bachelor’s degree and 18.6% having a graduate or professional degree.

That’s why Lexington is an ideal destination for entrepreneurs, innovators, dreamers, and disruptors. The region’s entrepreneurial ecosystem is equipped with all of the resources that help startups succeed. And its location is second to none: Lexington is located just 600 miles from over two-thirds of the U.S. population and it sits at the crossroads of two major interstates, I-75 and I-64.

Kentucky’s business costs are among the lowest in the country and Kentucky’s competitive tax climate has frequently been recognized. In 2019, Site Selection magazine ranked Kentucky the 14th best business climate in the nation, and Smart Asset ranked Lexington No. 6 on its list of cities with the lowest startup costs in 2019.

And life in Lexington is sweet indeed. Excellent schools, a vibrant downtown, a restaurant to match every taste, a diverse environment, relaxing countryside, UK basketball … what more could you want? Oh yes, horses and bourbon, too.

Learn more about Lexington’s life at VisitLEX.com and check out our business amenities at CommerceLexington.com.

Estimated 2019 Population: 333,152 (Revised Number)

No. of households: 128,806

Median household income: $54,918

Percentage of residents with bachelor’s degree or higher: 42.9%

Lexington-Fayette Urban County Government: lexingtonky.gov

LexCall Centralized Service and Information Call Center: (859) 425-CALL / 311

Merged City/County:
Lexington
Linda Gorton, Mayor
200 E. Main St.
Lexington, KY 40507
(859) 258-3100
[email protected]
lexingtonky.gov

Fayette County Judge-Executive:
Don Blevins Sr.
215 W. Short St., Suite 210
Lexington, KY 40507
(859) 351-2266

Fayette County Clerk:
Don Blevins Jr.
162 E. Main St.
Lexington, KY 40507
(859) 253-3344
[email protected]
fayettecountyclerk.com

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