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Lexington, Massachusetts

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
34,295
Population
$238,444
Median Income
$1,203,100
Home Value
47.3
Median Age

Demographics

Lexington has a population of 34,295 with a median age of 47.3. Here is the racial and ethnic breakdown of the population:

White
55.8%
Asian
33.8%
Other
5.2%
Hispanic
3.5%
Black
1.7%
Demographic Value
Total Population34,295
Median Age47.3
White55.8%
Black or African American1.7%
Asian33.8%
Hispanic or Latino3.5%
Other / Two or More Races5.2%
Lexington, Massachusetts — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 55.8%Asian: 33.8%Other: 5.2%Hispanic/Latino: 3.5%Other: 1.7%34,295PopulationWhiteWhite55.8%AsianAsian33.8%OtherOther5.2%Hispanic/LatinoHispanic/Latino3.5%OtherOther1.7%

Income & Economy

The median household income in Lexington is $238,444, which is 195.8% above the national median of $80,610. The per capita income is $114,758. The poverty rate is 4.7%.

$238,444
Median Household Income
$114,758
Per Capita Income
4.7%
Poverty Rate

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Education

In Lexington, 96.9% of residents age 25+ have a high school diploma or higher, and 84.3% hold a bachelor's degree or higher (58.6% with a graduate or professional degree).

HS Diploma+
96.9%
Bachelor's+
84.3%
Graduate+
58.6%
Education Level % of Adults (25+)
High School Diploma or Higher96.9%
Bachelor's Degree or Higher84.3%
Graduate or Professional Degree58.6%

Housing

The median home value in Lexington is $1,203,100, above the national median of $303,400. The median monthly rent is $2,891. The homeownership rate is 80.5%.

$1,203,100
Median Home Value
$2,891/mo
Median Rent
80.5%
Homeownership Rate
Housing Metric Value
Median Home Value$1,203,100
Median Monthly Rent$2,891
Homeownership Rate80.5%
Vacancy Rate2.2%

Salaries in Massachusetts

Explore salary data for popular occupations in Massachusetts:

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Other Cities in Massachusetts

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Frequently Asked Questions

What is the population of Lexington, Massachusetts?
The population of Lexington, Massachusetts is 34,295 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Lexington, Massachusetts?
The median household income in Lexington, Massachusetts is $238,444. This is 195.8% above the national median of $80,610.
What is the median home value in Lexington, Massachusetts?
The median home value in Lexington, Massachusetts is $1,203,100. The median monthly rent is $2,891.
What percentage of people in Lexington have a college degree?
In Lexington, Massachusetts, 84.3% of adults age 25 and older hold a bachelor's degree or higher, and 96.9% have a high school diploma or higher.
Is Lexington, Massachusetts an affordable place to live?
The home price-to-income ratio in Lexington, Massachusetts is 5.0x (median home value $1,203,100 vs. median income $238,444), making it moderately affordable by that measure. A ratio under 4.0 is generally considered affordable.

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