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Lexington, Mississippi

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
1,350
Population
$48,417
Median Income
$88,500
Home Value
38.7
Median Age

Demographics

Lexington has a population of 1,350 with a median age of 38.7. Here is the racial and ethnic breakdown of the population:

Black
66.4%
White
30.7%
Asian
2.4%
Demographic Value
Total Population1,350
Median Age38.7
White30.7%
Black or African American66.4%
Asian2.4%
Lexington, Mississippi — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 100.Black: 66.7%White: 30.9%Asian: 2.4%1,350PopulationBlackBlack66.7%WhiteWhite30.9%AsianAsian2.4%

Income & Economy

The median household income in Lexington is $48,417, which is 39.9% below the national median of $80,610. The per capita income is $28,626. The poverty rate is 22.7%.

$48,417
Median Household Income
$28,626
Per Capita Income
22.7%
Poverty Rate

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Education

In Lexington, 89.8% of residents age 25+ have a high school diploma or higher, and 24.9% hold a bachelor's degree or higher (9.5% with a graduate or professional degree).

HS Diploma+
89.8%
Bachelor's+
24.9%
Graduate+
9.5%
Education Level % of Adults (25+)
High School Diploma or Higher89.8%
Bachelor's Degree or Higher24.9%
Graduate or Professional Degree9.5%

Housing

The median home value in Lexington is $88,500, below the national median of $303,400. The median monthly rent is $685. The homeownership rate is 72.4%.

$88,500
Median Home Value
$685/mo
Median Rent
72.4%
Homeownership Rate
Housing Metric Value
Median Home Value$88,500
Median Monthly Rent$685
Homeownership Rate72.4%
Vacancy Rate25.8%

Salaries in Mississippi

Explore salary data for popular occupations in Mississippi:

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Other Cities in Mississippi

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Frequently Asked Questions

What is the population of Lexington, Mississippi?
The population of Lexington, Mississippi is 1,350 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Lexington, Mississippi?
The median household income in Lexington, Mississippi is $48,417. This is 39.9% below the national median of $80,610.
What is the median home value in Lexington, Mississippi?
The median home value in Lexington, Mississippi is $88,500. The median monthly rent is $685.
What percentage of people in Lexington have a college degree?
In Lexington, Mississippi, 24.9% of adults age 25 and older hold a bachelor's degree or higher, and 89.8% have a high school diploma or higher.
Is Lexington, Mississippi an affordable place to live?
The home price-to-income ratio in Lexington, Mississippi is 1.8x (median home value $88,500 vs. median income $48,417), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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