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Lexington, Tennessee

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
7,962
Population
$49,057
Median Income
$176,000
Home Value
36.9
Median Age

Demographics

Lexington has a population of 7,962 with a median age of 36.9. Here is the racial and ethnic breakdown of the population:

White
81.4%
Black
12.5%
Other
4.3%
Hispanic
1.3%
Demographic Value
Total Population7,962
Median Age36.9
White81.4%
Black or African American12.5%
Asian0.5%
Hispanic or Latino1.3%
Other / Two or More Races4.3%
Lexington, Tennessee — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 100.White: 81.4%Black: 12.5%Other: 4.3%Other: 1.8%7,962PopulationWhiteWhite81.4%BlackBlack12.5%OtherOther4.3%OtherOther1.8%

Income & Economy

The median household income in Lexington is $49,057, which is 39.1% below the national median of $80,610. The per capita income is $25,810. The poverty rate is 18.4%.

$49,057
Median Household Income
$25,810
Per Capita Income
18.4%
Poverty Rate

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Education

In Lexington, 89.3% of residents age 25+ have a high school diploma or higher, and 16.5% hold a bachelor's degree or higher (4.1% with a graduate or professional degree).

HS Diploma+
89.3%
Bachelor's+
16.5%
Graduate+
4.1%
Education Level % of Adults (25+)
High School Diploma or Higher89.3%
Bachelor's Degree or Higher16.5%
Graduate or Professional Degree4.1%

Housing

The median home value in Lexington is $176,000, below the national median of $303,400. The median monthly rent is $720. The homeownership rate is 63.0%.

$176,000
Median Home Value
$720/mo
Median Rent
63.0%
Homeownership Rate
Housing Metric Value
Median Home Value$176,000
Median Monthly Rent$720
Homeownership Rate63.0%
Vacancy Rate11.7%

Salaries in Tennessee

Explore salary data for popular occupations in Tennessee:

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Other Cities in Tennessee

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Frequently Asked Questions

What is the population of Lexington, Tennessee?
The population of Lexington, Tennessee is 7,962 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Lexington, Tennessee?
The median household income in Lexington, Tennessee is $49,057. This is 39.1% below the national median of $80,610.
What is the median home value in Lexington, Tennessee?
The median home value in Lexington, Tennessee is $176,000. The median monthly rent is $720.
What percentage of people in Lexington have a college degree?
In Lexington, Tennessee, 16.5% of adults age 25 and older hold a bachelor's degree or higher, and 89.3% have a high school diploma or higher.
Is Lexington, Tennessee an affordable place to live?
The home price-to-income ratio in Lexington, Tennessee is 3.6x (median home value $176,000 vs. median income $49,057), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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