Last updated: 2024 BLS data · Page refreshed:
Lexington has a population of 7,525 with a median age of 22.6. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 7,525 |
| Median Age | 22.6 |
| White | 82.7% |
| Black or African American | 5.8% |
| Asian | 3.5% |
| Hispanic or Latino | 6.3% |
| Other / Two or More Races | 1.7% |
The median household income in Lexington is $84,517, which is 4.8% above the national median of $80,610. The per capita income is $31,955. The poverty rate is 14.0%.
The unemployment rate in Lexington is 4.2%, compared to the national rate of 4.1%.
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In Lexington, 91.1% of residents age 25+ have a high school diploma or higher, and 50.7% hold a bachelor's degree or higher (30.1% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 91.1% |
| Bachelor's Degree or Higher | 50.7% |
| Graduate or Professional Degree | 30.1% |
The median home value in Lexington is $275,200, below the national median of $303,400. The median monthly rent is $1,081. The homeownership rate is 53.8%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $275,200 |
| Median Monthly Rent | $1,081 |
| Homeownership Rate | 53.8% |
| Vacancy Rate | 22.1% |
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