Lexington-Fayette is located close to the center of Kentucky. Lexington-Fayette has 283.65 square miles of land area and 1.90 square miles of water area. As of 2010-2014, the total Lexington-Fayette population is 304,473, which has grown 16.87% since 2000. The population growth rate is much higher than the state average rate of 8.45% and is much higher than the national average rate of 11.61%. Lexington-Fayette median household income is $48,667 in 2010-2014 and has grown by 22.24% since 2000. The income growth rate is lower than the state average rate of 28.72% and is lower than the national average rate of 27.36%. Lexington-Fayette median house value is $166,000 in 2010-2014 and has grown by 49.82% since 2000. The house value growth rate is higher than the state average rate of 40.25% and is higher than the national average rate of 46.91%. As a reference, the national Consumer Price Index (CPI) inflation rate for the same period is 26.63%. On average, the public school district that covers Lexington-Fayette is much better than the state average in quality.