The city of Lexington, Kentucky is the states 2nd biggest city and is recognized as the "Horse Capital of the World," and the "Thoroughbred City". In the United States, Lexington is the 63rd biggest city. Situated in the heart of Kentucky's Bluegrass region, there is a vibrant arts vibe within the area. The population of Lexington during 2010 was around 295,800 Based on the Census. The population of the Combined Statistical Area was roughly 687,170 and that vary same year, the population of the city anchored a metropolitan area of approximately 472,100.
The city is home to various company head office like for instance Keeneland race course, Lexmark International, Tempur-Pedic, the Kentucky Horse Park, the University of Kentucky, Red Mile race course, the Bluegrass Community and Technical College and Transylvania University. The city of Lexington comes in 10th amongst US cities in the category of college education rate. About 39.5% of inhabitants have at least their bachelor's degree.
Lexington Kentucky has a fascinating and rich history. Lexington was founded in Virginia State, in June the year 1775, 17 years prior to Kentucky becoming a state. Among the very first white men to travel around the region was the renowned Daniel Boone. He was responsible for helping to establish the first forts within the state of Kentucky. A leader of a group of frontiersmen, called William McConnell, stopped at a campground which has ever since been referred to as McConnell Springs. It is located on the middle fork of Elkhorn Creek. The name Lexington was chosen after Lexington Massachusetts because the group was very inspired by the 19th of April, 1775 colonists' victory during the Concord and Lexington battle. At first a blockhouse was built and cabins and houses immediately followed.
The city of Lexington has among the nation's most stable economies due to its abundance of technology and government jobs. Some economists have referred to the city of Lexington as having a "fortified economy, strong in technology, entrepreneurial support and manufacturing, benefiting from a balanced and diverse business base." In the month of July 2008, the Lexington Metropolitan Area had showed a remarkable 5.4% unemployment rate.
Situated in the city of Lexington are 3 Fortune 500 Companies along with many other larger companies. The three Fortune 500 Companies comprise Lexmark International, Affiliated Computer Services and Hewlett Packard. These corporations employ anywhere from 250, 1200 and 3450 individuals. Other well recognized businesses comprise Trane, Amazon.com, and United Parcel Service. Toyota Motor Manufacturing Kentucky is within the Lexington CSA adjoining the city of Georgetown. Lexington is a host to a peanut butter plant of JIF which produces more peanut butter compared to any other factory within the world. A famous holding company that hires over 2100 individuals all around Kentucky state is called the Forcht Group of Kentucky.
The University of Kentucky employs about 10,688 individuals, making it the biggest employer in the city. This number does not include the personnel of 900 which belongs to the College of Agriculture's Cooperative Extension service. The University, operates with a yearly budget of approximately $1.4 billion, and is the ninth largest economic company within Kentucky State. Moreover, the 21st largest company within the state of Kentucky belongs to the College of Medicine that is situated in the University.
Amongst the other prominent employers within the state of Kentucky are the Lexington-Fayette County government and numerous hospital facilities. The Veterans Administration Hospital, Central Baptist Hospital, Saint Joseph Hospital and Saint Joseph East combined employ 6206 people. The Lexington-Fayette Urban County Government accounts for 3,936 individuals and the Fayette County Public Schools hires 4,651 people.