University Cities | Lexington, Ky
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Seemingly purpose-built for the 21st Century knowledge economy.

LEXINGTON, KENTUCKY

UNIVERSITY IN THE CITY OF KENTUCKY

Discovering A New Type of City…

University Cities share a singular DNA that produces a constellation of magical effects: highly educated populations, innovative economies with high rates of entrepreneurship, outsized arts and culture sectors, and large nonprofit sectors that indicate a vibrant civil society. These traits mirror the large, coastal cities, but they happen in mid-sized cities with low unemployment, low-cost living, and extremely low violent crime rates.

These Six Cities…

If one were designing a city from scratch for success in the 21st Century – where educated talent is to the knowledge economy what rivers and ports were to the 20th Century manufacturing economy – then it might look like a University City.

The six cities that have major research universities in their urban cores, have metropolitan populations between 250,000 and one million, and have more than 10 percent of their populations consisting of students, are: Ann Arbor, Durham Chapel-Hill, Fort Collins, Lexington, Lincoln, and Madison.

Seemingly purpose-built for the 21st Century knowledge economy.

University Cities are a new species of city

LEXINGTON has the advantages of the big coastal cities…

FULL OF EDUCATED TALENT…

41.4% population with BA or
higher

 

30.96 % GREATER THAN THE NATIONAL AVERAGE
UNIVERSITY CITIES LEXINGTON0%
Cities of the same size0%
Large Metros0%

HIGHLY ENTREPREN-

EURIAL…

26.11% greater than the similarly sized cities

UNIVERSITY CITIES

Business starts per 100,000(226.01)

LARGE METROS

CITIES OF THE SAME SIZE

ECONOMICALLY INNOVATIVE…

19.89 % GREATER THAN THE
NATIONAL AVERAGE

UNIVERSITY CITIES - 30.57% GDP GROWTH0%
Cities of the same size0%
Large Metros0%

AND HAVE OUTSIZED ARTS & CULTURE SECTORS…

32.7% greater than the similarly sized cities
Arts and culture establishments per 100,000 (47.01)
UNIVERSITY CITIES0%
Cities of the same size0%
Large Metros0%

LOW LIVING COSTS…

MIT LIVING WAGE INDEX 2016

 

 

Add source: 2018 MIT Living Wage

$ 12.25

UNIVERSITY CITIES
14.88% lower than large metros
$ 13.17
LARGE METROS
$ 12.52
CITIES OF SIMILAR SIZE

LOW UNEMPLOYMENT RATES…

AVERAGE UNEMPLOYMENT  RATE 2017

 

 

Source: 2017 Bureau of Labor Statistics

3.3 %

UNIVERSITY CITIES
26.3% lower than large metros
4.80 %
CITIES OF SIMILAR SIZE
4.30 %
LARGE METROS
4.70 %
NATIONAL AVERAGE

AND VERY LOW VIOLENT CRIME RATES…

VIOLENT CRIMES PER 100000 (264)

 

51.87% LOWER THAN LARGE METROS

 

Source: 2016 Federal Bureau of Investigation
263000

UNIVERSITY CITIES

449000

LARGE METROS

453000

CITIES OF THE SAME SIZE

386000

NATIONAL AVERAGE