Our Market

The Lexington MSA, with a population of 479,198, ranks 115th in population among major metropolitan areas in the United States. The area is made up of seven counties surrounding Lexington and its home county, Fayette.

Lexington's demographic profile mirrors the nation's in factors such as age and housing values, providing a well-balanced representation of the United States. The mean age in the Lexington MSA is 33.3. The composite cost of living index of 97.8 is just below the national average of 100. Lexington's population ranks high in the area of education, with over 30% holding a college degree or more.

The Lexington area has experienced extraordinary economic stability over the past few decades and has consistently low unemployment rates, averaging 2.5 or less during recent years. More than one third of businesses in the area are in the service industry, with health care services making up five of the top fifteen largest employers in the area. Lexington is also a center for distinct industry sectors including the thoroughbred horse industry, automobile manufacturing and support industries and high-tech companies. The University of Kentucky is the area's largest employer with over 10,000 employees.

Lexington's very accessible location at the point where two major interstate highways, I-75 and I-64 cross, as well as its well-educated workforce add to the desirability of the area. The local area also serves as the gateway to Eastern Kentucky.

The Matrix Group's staff is very knowledgeable about the unique aspects of the area and we have the resources available to ensure the success of your Central or Eastern Kentucky area project.