Disclosure: This page contains affiliate links marked with (Ad). If you click through and make a purchase, we may earn a commission at no extra cost to you. Learn more

Lexington, Minnesota

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
2,770
Population
$75,347
Median Income
$289,800
Home Value
37.2
Median Age

Demographics

Lexington has a population of 2,770 with a median age of 37.2. Here is the racial and ethnic breakdown of the population:

White
64.9%
Black
14.6%
Hispanic
9.5%
Asian
5.5%
Other
5.5%
Demographic Value
Total Population2,770
Median Age37.2
White64.9%
Black or African American14.6%
Asian5.5%
Hispanic or Latino9.5%
Other / Two or More Races5.5%
Lexington, Minnesota — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 64.9%Black: 14.6%Hispanic/Latino: 9.5%Asian: 5.5%Other: 5.5%2,770PopulationWhiteWhite64.9%BlackBlack14.6%Hispanic/LatinoHispanic/Latino9.5%AsianAsian5.5%OtherOther5.5%

Income & Economy

The median household income in Lexington is $75,347, which is 6.5% below the national median of $80,610. The per capita income is $35,716. The poverty rate is 8.6%.

$75,347
Median Household Income
$35,716
Per Capita Income
8.6%
Poverty Rate

Advance Your Career in Lexington

Tools that help you land a better-paying role — wherever you live. · Sponsored - see disclosure.

MyPerfectResume · (Ad)
Create an ATS-friendly resume in minutes. Trusted by millions of job seekers.
Build My Resume →
FlexJobs · (Ad)
Access 50,000+ vetted remote, hybrid, and flexible job listings. No ads, no scams.
Find Remote & Flexible Jobs →
ExpertRating · (Ad)
300+ online certifications in Project Management, Six Sigma, IT & more.
Get Certified & Earn More →
Mondly by Pearson · (Ad)
Join 140M+ learners. Master any of 41 languages with bite-sized lessons.
Learn a New Language →

Education

In Lexington, 86.0% of residents age 25+ have a high school diploma or higher, and 25.0% hold a bachelor's degree or higher (6.7% with a graduate or professional degree).

HS Diploma+
86.0%
Bachelor's+
25.0%
Graduate+
6.7%
Education Level % of Adults (25+)
High School Diploma or Higher86.0%
Bachelor's Degree or Higher25.0%
Graduate or Professional Degree6.7%

Housing

The median home value in Lexington is $289,800, below the national median of $303,400. The median monthly rent is $1,573. The homeownership rate is 54.9%.

$289,800
Median Home Value
$1,573/mo
Median Rent
54.9%
Homeownership Rate
Housing Metric Value
Median Home Value$289,800
Median Monthly Rent$1,573
Homeownership Rate54.9%
Vacancy Rate8.6%

Salaries in Minnesota

Explore salary data for popular occupations in Minnesota:

See all Minnesota salaries →

Other Cities in Minnesota

See all Minnesota cities →

Frequently Asked Questions

What is the population of Lexington, Minnesota?
The population of Lexington, Minnesota is 2,770 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Lexington, Minnesota?
The median household income in Lexington, Minnesota is $75,347. This is 6.5% below the national median of $80,610.
What is the median home value in Lexington, Minnesota?
The median home value in Lexington, Minnesota is $289,800. The median monthly rent is $1,573.
What percentage of people in Lexington have a college degree?
In Lexington, Minnesota, 25.0% of adults age 25 and older hold a bachelor's degree or higher, and 86.0% have a high school diploma or higher.
Is Lexington, Minnesota an affordable place to live?
The home price-to-income ratio in Lexington, Minnesota is 3.8x (median home value $289,800 vs. median income $75,347), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

🏠 Thinking About Moving to Lexington?

Find resources to help plan your move, explore homes, and compare insurance rates in Minnesota.

Salary Data in Minnesota

All Jobs in Minnesota Highest Paying Jobs Jobs Over $100K Average Salary

🏘️ Get City & Demographic Insights

Free data-driven updates on cities, salaries & cost of living — no spam, unsubscribe anytime.

Join Americans who use data to make smarter decisions. Privacy Policy

Share this page: X Facebook LinkedIn