Gainesway, Lexington, KY demographics:
population, income, and more

Total population
2,913
-2.0% year-over-year change
Median household income
$53,670/yr
3.6% year-over-year change
Housing units
1,513
1.2% year-over-year change

Gainesway population

How many people live in Gainesway

Gainesway is home to 2,913 residents, according to the most recent Census data. Gender-wise, 47.9% of Gainesway locals are male, and 52.1% are female.

Total population
2,913
-2.0% year-over-year change
Gender ratio
Male
47.9%
1,395
Female
52.1%
1,518
Value Percent YoY change
Male 1,395 47.9% -4.3%
Female 1,518 52.1% 0.2%
A higher population often means more rental variety and livelier areas. The gender balance—how many men live here compared to women—can reveal a lot about the community and the lifestyles of its residents. Use this info to get a sense of the area's pace and personality.

Age demographics

The median age in Gainesway is 32, with the population distributed as follows: about 18.3% are children under 15, then 15.3% are in the 15 to 24 age group. Adults between 25 and 44 make up 33.4% of the population, while another 18.6% fall into the 45 to 64 bracket. Finally, around 14.4% are 65 or older.

Median age
32.3
Age breakdown
Under 15
18.3%
15 to 24
15.3%
25 to 44
33.4%
45 to 64
18.6%
Over 65
14.4%
Value Percent YoY change
Under 15 533 18.3% -7.3%
15 to 24 445 15.3% -6.1%
25 to 44 974 33.4% -2.0%
45 to 64 542 18.6% -1.3%
Over 65 419 14.4% 9.7%
The age composition helps you get insight into who lives in the area. A younger population might mean a more active, fast-paced vibe, while an older one could suggest a quieter, slower lifestyle. If there's a balanced makeup, you’re likely to find a variety of services, housing types, and community spaces that cater to different life stages.

Racial makeup

In Gainesway, 89% of the population are US-born citizens, while 3.6% have gained naturalized citizenship. At the same time, 7.4% of residents are non-citizens. As for race, 60.2% of locals are Caucasian, 24.7% are African American and 2.1% have Asian roots. There’s also a share of 10.5% that includes residents with two or more races.

Citizenship
U.S.-born citizens
89%
Non-U.S.-born citizens
3.6%
Non-citizens
7.4%
Value Percent YoY change
U.S.-born citizens 2,591 89% -3.0%
Non-U.S.-born citizens 105 3.6% -13.2%
Non-citizens 217 7.4% 19.9%
Racial breakdown
White
60.2%
Black or African American
24.7%
American Indian and Alaska Native
0%
Asian
2.1%
Native Hawaiian and other Pacific Islander
0%
Two or more races
10.5%
Other
2.4%
Value Percent
White 1,754 60.2%
Black or African American 721 24.7%
American Indian and Alaska Native 1 0%
Asian 60 2.1%
Two or more races 307 10.5%
Other 71 2.4%

Households in Gainesway

A peek inside Gainesway households

Gainesway has 1,413 households, with an average of 2 members in each. Of these, 48.7% are families, while the remaining 51.4% are made up of individuals living alone or with non-relatives, such as roommates.

Households stats

Total households
1,413
0.7% year-over-year change
Average people per household
2
Non-family households
726
Family households
688
Value Percent YoY change
Non-family households 726 51.4% 3.3%
Family households 688 48.7% -1.7%
The mix between family and non-family households gives a glimpse into daily life. A higher percentage of families might mean more parks and schools, while more non-family setups can mean flexible housing and diverse living styles. For renters, this can signal what kinds of homes are common and can help you figure out if the area matches your lifestyle.

Housing in Gainesway

The housing landscape of Gainesway

Gainesway's housing consists of 1,513 units, with 36.9% being detached single-family homes ideal for those wanting space. Attached options, including duplexes and townhouses, make up 12.2% and offer a more compact, shared living style. Then there are the multifamily buildings in the area, and for those seeking flexibility, non-traditional options like mobile homes account for 0.1% of the housing landscape.

Housing units
1,513
1.2% year-over-year change
Housing types
Value Percent
1 unit, detached 558 36.9%
1 unit, attached 184 12.2%
2 units 84 5.6%
3 or 4 units 175 11.6%
5 to 9 units 187 12.4%
10 to 19 units 187 12.4%
20 to 49 units 55 3.6%
50 or more units 80 5.3%
Mobile home 2 0.1%
Homes built since 2020
10
400.0% year-over-year change

The age of buildings in Gainesway

In Gainesway, the median construction year is 1980. About 0.5% of homes were built before the 1940s, with another 0.5% going up by 1949. Most development happened in the second half of the 20th century. Then, 5.2% of homes were added from 2000 to 2009, 5.5% between 2010 and 2019, and 0.7% are part of the newest wave of development.

Construction year breakdown by decade
Value Percent YoY change
Built in 1939 or earlier 8 0.5% -11.1%
Built between 1940 and 1949 7 0.5% 0.0%
Built between 1950 and 1959 61 4% 1.7%
Built between 1960 and 1969 220 14.6% 2.3%
Built between 1970 and 1979 475 31.4% -0.6%
Built between 1980 and 1989 373 24.7% -1.3%
Built between 1990 and 1999 196 13% 6.0%
Built between 2000 and 2009 79 5.2% 8.2%
Built between 2010 and 2019 83 5.5% -5.7%
Built in 2020 or later 10 0.7% 400.0%
As a renter, knowing when homes were built helps you understand the potential condition and design of rental units. Newer builds may have more contemporary layouts, while older homes can offer character or larger lots, depending on the area.

Gainesway occupancy rates

Out of the 1,413 occupied housing units in Gainesway, 35.7% are owner-occupied, while 64.3% are lived in by tenants. Meanwhile, 6.6% of all homes on the local market sit vacant.

Occupied housing units
1,413
0.7% year-over-year change
Occupancy breakdown
Renter occupied
908
Owner occupied
505
Value Percent YoY
change
Renter occupied 908 64.3% 2.5%
Owner occupied 505 35.7% -2.3%
Unoccupied housing units
6.6%
Unoccupied housing units refer to homes that are currently without residents—whether they're waiting for renters or owners, used seasonally, or simply unclaimed. A higher share of empty homes may mean more housing availability, while a low number can reflect a tighter market with more competition. This, along with the renter-vs.-owner mix, helps paint a clearer picture of what types of housing and services are likely to be available in the area.

Gainesway housing costs

Housing costs in Gainesway come to a median of $1,131 per month, while tenants specifically pay a median gross rent of $1,136.

Median housing costs per month
$1,131/month
This figure sums up typical monthly housing costs for all households in the area. If you own, it includes mortgage payments in addition to property taxes, insurance and HOA fees. If you rent, it accounts for rent plus extras like utilities. It’s useful for seeing how local living expenses stack up compared to other places.
Median gross rent in Gainesway
$1,136/month
Gross rent gives a more complete look at what renters actually pay, including not just base rent, but also utilities and fees. It’s a key number for evaluating rental affordability in your area of interest and understanding how it compares to nearby locations.

Education in Gainesway

Gainesway education at a glance

About 28.6% of the population in Gainesway went to high school, while 23.5% pursued college studies. Another 6.8% earned an associate degree and 24.5% hold a bachelor’s. Meanwhile, 13.9% went even further, earning a master’s or doctorate.

Education level
Value Percent YoY change
No high school 64 2.8% -3.0%
High school diploma 651 28.6% 3.0%
College diploma 535 23.5% -0.6%
Associate degree 155 6.8% -8.8%
Bachelor's degree 558 24.5% -4.1%
Graduate degree 316 13.9% 6.8%
A community’s education mix can offer insights into the local economy and housing market. Higher levels of education often align with more job opportunities and stable incomes, which can increase demand for homes and influence both rent prices and rental availability.

Income in Gainesway

How much people earn in Gainesway

The average annual household income in Gainesway was $72,751 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +2.5% change from the previous year. At the same time, the median income stood at $53,670, reflecting a +3.6% shift over the same period.

Average household income in Gainesway
$72,751/year
2.5% year-over-year change
Median household income in Gainesway
$53,670/year
3.6% year-over-year change

Gainesway income by age

In Gainesway, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $62,179. Those with someone between 45 and 64 in charge, often well established professionally, earn $49,676 overall. Younger households, where the main provider is under 25 and just starting out, report a median income of $41,106, while those led by someone over 65, many of whom may be retired, have about $41,221 in earnings. Overall, 78.5% of the locals in this community live above the poverty line.

Income breakdown by age
Value YoY change
Under 25 $41,106 -3.5%
25 - 44 $62,179 15.1%
45 - 64 $49,676 -10.9%
Over 65 $41,221 -8.7%
Above poverty level
2,207
Below poverty level
603
Value Percent YoY
change
Above poverty level 2,207 78.5% -0.1%
Below poverty level 603 21.5% -10.8%

Employment in Gainesway

Workforce and job types in Gainesway

81.8% of the working population are employed in professional or administrative positions, while 18.2% are in hands-on or service-based jobs. Also, 7.7% run their own businesses, 67.7% are employed by private companies, and 15.5% work in the public sector.

Workforce demographics

White collar
1,321
Blue collar
294
Value Percent YoY change
White collar 1,321 81.8% -3.3%
Blue collar 294 18.2% 1.4%
Employer type
Self employees
7.7%
Private companies
67.7%
Governmental workers
15.5%
Not for profit companies
9.1%
Value Percent YoY change
Self employees 124 7.7% -3.9%
Private companies 1,093 67.7% -0.2%
Governmental workers 251 15.5% -5.3%
Not for profit companies 147 9.1% -12.0%

Transportation in Gainesway

How people get around in Gainesway

In Gainesway, the average commute time is 2 minutes. Commuting methods vary: 97.4% of residents travel by personal vehicle and 0.8% prefer to walk, while the remaining share relies on public transit or on two wheelers to get from A to B.

Commute time
2 min
0.0% year-over-year change
Means of transportation
Value Percent YoY change
Car 1,334 97.4% -3.0%
Bus or trolleybus 25 1.8% -16.7%
Walk 11 0.8% 10.0%
Understanding how locals get to work can help you plan your own routine. High car usage might mean you’ll need a vehicle, while strong public transit or walkability could save you the hassle. Commute times also play a big role in quality of life—shorter trips can give you more time for the things you enjoy.

What is the median and average household income in Gainesway by zipcode?

Zipcode Population Number of households Median income Average income
40517 35,656 17,301 $53,670 $73,308

Explore more communities

FAQs about Gainesway demographics 

What is the total population of Gainesway?

Gainesway has a total population of 2,913 residents, according to the latest release from the U.S. Census Bureau: the 2019-2023 American Community Survey (ACS) 5-year estimates. This figure changed by -2.0% compared to a year ago.

What is the gender ratio in Gainesway?

The gender ratio in Gainesway is as follows:
  • 47.9% males (1,395 residents)
  • 52.1% females (1,518 residents)

What is the median age in Gainesway?

The median age in Gainesway is 32.3.

What is the age distribution of the population in Gainesway?

The age distribution in Gainesway is as follows:
  • Under 15: 18.3% (533 residents)
  • Ages 15-24: 15.3% (445 residents)
  • Ages 25-44: 33.4% (974 residents)
  • Ages 45-64: 18.6% (542 residents)
  • Over 65: 14.4% (419 residents)

What is the racial and ethnic makeup of Gainesway?

The racial and ethnic makeup of Gainesway is as follows:
  • White: 60.2% (1,754 residents)
  • Black or African American: 24.7% (721 residents)
  • American Indian and Alaska Native: 0% (1 residents)
  • Asian: 2.1% (60 residents)
  • Native Hawaiian and Other Pacific Islander: 0% ( residents)
  • Two or More Races: 10.5% (307 residents)
  • Other: 2.4% (71 residents)

What percentage of the population in Gainesway are U.S.-born citizens?

U.S.-born citizens represent 89% of the population in Gainesway.

How many housing units are there in Gainesway?

There are 1,513 housing units in Gainesway, reflecting a +1.2% change compared to the previous year, according to the latest data from the U.S. Census Bureau.

How many households are in Gainesway and what is the average household size?

Gainesway has a total of 1,413 households, with an average of 2 people in each.

What is the median household income in Gainesway?

Gainesway has a median household income of $53,670, representing a +3.6% shift from the previous year, according to the U.S. Census Bureau.

What is the job market overview for Gainesway?

Here’s a detailed breakdown of the local job market:

Job types:
  • White-collar workers: 81.8% (1,321 residents)
  • Blue-collar workers: 18.2% (294 residents)

Places of employment:
  • Self-employed: 7.7% (124 residents)
  • Private companies: 67.7% (1,093 residents)
  • Governmental workers: 15.5% (251 residents)
  • Not-for-profit companies: 9.1% (147 residents)

Data source & methodology

The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.

The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.

No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.

Page last updated: September 2025