Auto · Metro area · Kentucky
Insurance agencies in the Lexington-Fayette, KY metro area
Competitor counts, household spending and official business counts for insurance agencies in the Lexington-Fayette, KY metro area, set against other metro areas and the U.S.
Groundwork market score · out of 100
Score 53 out of 100: Upper middle
Ranked #172 of 387 scored metro areas
#3 of 6 scored metro areas based in Kentucky
- Listings
- 391
- 88 chain locations (23%)
- Official establishments
- 219
- −2.2% since 2019
- Household spending a year
- $503.9M
- On vehicle insurance · $2,330 a household
- Spending per listing
- $1.3M
- 3% above the U.S.
- Listings per 10k households
- 18.1
- 16% above the U.S.
- Population, 2025
- 535,174
- +3.4% since 2020
See the insurance agencies around any address in the Lexington-Fayette metro area
The site report maps the insurance agencies on map listings near the address, by name and distance, and sizes the households and spending around it. Or open the report at the center of the Lexington-Fayette metro area. Signed out, you see a blurred preview; on an account, each report is one action.
Free10 actions over 3 days, no cardSurvey estimates 2020–2024 · population estimates 2025 · official business counts 2023 · map listings September 2026 · Data credits · How we measure
What this means
Household spending on vehicle insurance in the Lexington-Fayette metro area comes to about $503.9M a year: $2,330 per household, 19% above the U.S. average. Spread across 391 insurance agencies, that is $1.3M per agency, 3% above the U.S. figure of $1.3M.
There are 391 insurance agencies on map listings in the Lexington-Fayette metro area as of September 2026. Chain locations make up 23% of them, against 21% across the U.S. Per 10,000 households, that is 18.1, 16% above the U.S. rate of 15.6.
In 2023, official counts showed 219 businesses with payroll in the Lexington-Fayette metro area classed as insurance agencies and brokerages, down 2.2% from 2019. That is one for every 988 households, against one for every 966 across the U.S. Since fiscal 2022, 2 SBA-backed loans worth $3.3M have gone to businesses classed as insurance agencies and brokerages in the Lexington-Fayette metro area.
Population estimates put the population change in the Lexington-Fayette metro area from 2020 to 2025 at +3.4%, in step with the U.S. (+3.1%). The Groundwork market score for insurance agencies in the Lexington-Fayette metro area is 53 (upper middle), #172 of 387 scored metro areas and #3 of 6 scored metro areas based in Kentucky.
How the Lexington-Fayette metro area compares
The same measures for Kentucky and the whole U.S. Spending per listing divides a year of household spending on all vehicle insurance by the insurance agencies counted, so it measures the demand for each competitor, not any business’s revenue. Households per establishment does the same with the official count.
| Measure | Lexington-Fayette metro area | Kentucky | U.S. |
|---|---|---|---|
| Listings per 10k households | 18.1 | 14.9 | 15.6 |
| Spending per listing | $1.3M | $1.7M | $1.3M |
| Households per official establishment | 988 | 1,025 | 966 |
| Official establishment growth, 2019–2023 | −2.2% | −1.8% | −1.0% |
| Population growth, 2020–2025 | +3.4% | +2.2% | +3.1% |
| Spending per household on vehicle insurance | $2,330 | $2,467 | $1,957 |
| Median household income | $71,966 | $63,726 | $80,734 |
| Groundwork market score | 53 | 67 |
Official counts and lending
Businesses
- Official establishments, 2019 to 2023
- 219−2.2% over the period
- Employees, 2023
- 1,084
- Annual payroll, 2023
- $87M
- One-person businesses, 2023
- Not publishedNot published for this business type
- Map listings, September 2026
- 39188 chain locations
- Listings at the U.S. rate for this spending
- 401The U.S. ratio of listings to household spending, applied here
SBA-backed loans since fiscal 2022
- Loans
- 2
- Amount
- $3.3M
SBA-backed loans to businesses classed as insurance agencies and brokerages in the Lexington-Fayette metro area, through June 2026, placed by the borrower’s ZIP code. Official establishments are businesses with payroll; the official counts leave out places with fewer than 3.
Population and households in the Lexington-Fayette metro area
- Population, 2025 estimate
- 535,174+3.4% since 2020
- Households
- 216,273
- Median age
- 38.1
- Homes lived in by their owners
- 59%
- Vehicles per household
- 1.7
- Land area
- 1,470 sq. mi.
- People per square mile
- 355
- Median household income
- $71,966+22.6% vs. 2015–2019, before inflation
- Average household income
- $102,014
- Median home value
- $281,300
- Jobs located here
- 289,772
- Daytime population
- 573,681Residents who don’t work, plus everyone whose job is here
Looking at a specific site in the Lexington-Fayette metro area?
These figures cover the whole metro area. A site report draws rings around one address and counts what’s inside them: households, spending, jobs, and the insurance agencies on map listings by name and distance.
Or open the report at the center of the Lexington-Fayette metro area. Signed out, you see a blurred preview; on an account, each report is one action.
Free10 actions over 3 days, no cardInsurance agencies across Kentucky
Every Kentucky market ranked →The highest-scoring metro areas in Kentucky for insurance agencies, numbered among those based in Kentucky (a market based in another state is listed without a number), with the Lexington-Fayette metro area marked.
Top metro areas in Kentucky
| Market | Score | Listings | Per 10k households | Spending per listing | Population growth | U.S. rank |
|---|---|---|---|---|---|---|
| Clarksville, TN-KY | 94 | 135 | 10.8 | $2.4M | +8.5% | #2 of 387 |
| 1Elizabethtown, KY | 81 | 61 | 12.1 | $2.1M | +2.4% | #30 of 387 |
| 2Bowling Green, KY | 77 | 111 | 15.1 | $1.7M | +9.5% | #54 of 387 |
| Huntington-Ashland, WV-KY-OH | 53 | 218 | 14.3 | $1.6M | −2.6% | #167 of 387 |
| 3Lexington-Fayette, KY | 53 | 391 | 18.1 | $1.3M | +3.4% | #172 of 387 |
| Cincinnati, OH-KY-IN | 50 | 1,285 | 14.2 | $1.3M | +2.7% | #187 of 387 |
| 4Louisville/Jefferson County, KY-IN | 47 | 940 | 16.8 | $1.3M | +2.9% | #203 of 387 |
| 5Owensboro, KY | 45 | 93 | 20.5 | $1.2M | +1.3% | #219 of 387 |
| 6Paducah, KY-IL | 42 | 73 | 17.5 | $1.4M | −1.2% | #238 of 387 |
Other business types in the Lexington-Fayette metro area
Each with its Groundwork market score here, out of 100, where it has one.
Food and drink
Groceries and convenience
Auto
Beauty and personal care
Fitness and classes
Health care
Child care
Clothing and laundry
Home services
Real estate
Funeral services
Questions
How many insurance agencies are in the Lexington-Fayette, KY metro area?
As of September 2026, map listings count 391 insurance agencies in the Lexington-Fayette metro area. 88 of them (23%) are chain locations. The listings count insurance agencies. Official counts show 219 businesses with payroll classed as insurance agencies and brokerages in 2023, down 2.2% from 2019.
How much do households in the Lexington-Fayette, KY metro area spend on vehicle insurance?
About $503.9M a year, or $2,330 per household. That is 19% above the U.S. average (an index of 119, where 100 is the U.S. average). Spread across the 391 insurance agencies on map listings, it comes to $1.3M per agency. It is estimated from the incomes of the 216,273 households in the Lexington-Fayette metro area and national spending patterns by income.
How does the Lexington-Fayette, KY metro area compare with the U.S. for insurance agencies?
The Lexington-Fayette metro area has 18.1 insurance agencies per 10,000 households, 16% above the U.S. rate of 15.6. Spending per agency is $1.3M, 3% above the U.S. figure of $1.3M. At the U.S. ratio of insurance agencies to household spending, the Lexington-Fayette metro area would have about 401, against 391 on map listings. There is one business with payroll in the industry for every 988 households, against one for every 966 across the U.S. The official count fell 2.2% from 2019 to 2023, against −1.0% for the U.S.
How fast is the Lexington-Fayette, KY metro area growing?
Population estimates put the Lexington-Fayette metro area at 535,174 people in 2025, up 3.4% since 2020, in step with the U.S. (+3.1%). It has 216,273 households. Median household income in the Lexington-Fayette metro area is $71,966, 11% below the U.S. median of $80,734. Against the 2015–2019 survey, the median rose 22.6%, before inflation.
What is the Groundwork market score?
The Groundwork market score runs from 0 to 100 and compares a market with others of its kind for one business type: states with states, metro areas with metro areas, small-town markets and counties with their own. It weighs household spending per competitor (35%), households per business with payroll (25%), population growth (20%) and spending power (20%), each ranked against those peers. A higher score means that, taken together, the market has more household spending and more households for each business already there, faster population growth and more spending per household than similar markets. It describes a market, not any one site or deal. The Lexington-Fayette metro area scores 53 for insurance agencies (upper middle), #172 of 387 scored metro areas.
How can I see the market around a specific site?
Run a Groundwork site report on an address in the Lexington-Fayette metro area. It maps the insurance agencies on map listings near the site and sizes the households and spending within the distance you choose. New accounts get 10 actions over 3 days, no card.
How the score works · Top markets for insurance agencies · All 56 business types in the Lexington-Fayette metro area
Screening a site or an acquisition in the Lexington-Fayette metro area?
A site report maps the competitors on map listings near an address and sizes the households and spending around it.
The button opens the report at the center of the Lexington-Fayette metro area. Signed out, you see a blurred preview; on an account, each report is one action.
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are estimates for research only. Not investment or real estate advice.