Living in Lexington, Nebraska
Cost of living, income, home prices, rent and demographics of Lexington · Census data 2020–2024
Lexington has 10,862 residents with a median age of 31.3. The median household income is $67,666 (12% lower than the Nebraska median), the median home value is $159,100, the median rent is $966/month.
Lexington at a glance
- Population
- 10,862
- Median age
- 31.3State: 37.2
- Median household income
- $67,666State: $76,475
- Median home value
- $159,100State: $238,600
- Median rent
- $966/moState: $1,072
- Homeowners
- 57.4%
- Bachelor's degree or higher
- 13.1%
- Average commute
- 16 min
Is Lexington a good place to live?
Pros: Home values 33% lower than the state median; an average commute of 16 minutes; unemployment of 2.1%.
Cons: Median household income 12% lower than the Nebraska median; a poverty rate of 13.8%.
The weather is best in May–June and August–September.
Cost of living in Lexington
Housing is the biggest part of the cost of living. In Lexington the median home value is $159,100, 52% lower than the U.S. median. Renters pay a median of $966 per month, which is 20.1% of household income. Homeowners with a mortgage pay $1,207 a month in housing costs.
Lexington median household income
The median household income in Lexington is $67,666 and the income per person is $25,013. 13.8% of residents live below the poverty line (Nebraska: 10.6%).
Housing in Lexington: homes for sale and rent
- Housing units
- 3,594
- Owner-occupied
- 57.4%
- Renter-occupied
- 42.6%
- Vacant
- 3.4%Includes seasonal homes
- Median year built
- 1973
- Average household size
- 3.09
Lexington demographics
- Population
- 10,862
- Median age
- 31.3
- Under 18
- 34.6%
- 65 and older
- 9.3%
- Households
- 3,472
- Foreign-born
- 41.7%
- Veterans
- 1.6%Adults 18+
Hispanic or Latino can be of any race. Population history of Lexington ›
Education in Lexington
13.1% of adults 25 and older in Lexington have a bachelor's degree or higher (Nebraska: 34.6%), and 2.3% have a graduate or professional degree.
Jobs and commute in Lexington
- Unemployment rate
- 2.1%State: 3%
- Average commute
- 16 minState: 19 min
- Work from home
- 0.5%
- Drive alone
- 73%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 77.9%
Lexington vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Lexington | 10,862 | $67,666 | $159,100 | $966 |
| Overton | 689 | $55,000 | $105,100 | $850 |
| Cozad | 3,937 | $54,471 | $121,600 | $851 |
| Smithfield | 108 | $51,118 | $82,500 | $972 |
| Elwood | 534 | $66,389 | $183,300 | $750 |
| Eustis | 431 | $88,750 | $155,900 | $1,028 |
| Sumner | 353 | $70,000 | $95,800 | $891 |
| Eddyville | 125 | $95,461 | $102,500 | — |
| Bertrand | 718 | $73,672 | $145,100 | $850 |
More for people moving to Lexington
Lexington ZIP code ›Weather and climate ›Living in Lexington: FAQ
What is the median household income in Lexington, NE?
The median household income in Lexington is $67,666, 12% lower than the Nebraska median of $76,475 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Lexington?
The median home value in Lexington is $159,100, compared with $238,600 in Nebraska.
How much is rent in Lexington?
The median gross rent in Lexington is $966 per month, about 20.1% of household income.
Is Lexington, NE a good place to live?
Pluses: home values 33% lower than the state median; an average commute of 16 minutes; unemployment of 2.1%. Minuses: median household income 12% lower than the Nebraska median; a poverty rate of 13.8%.
What is the median age in Lexington?
The median age in Lexington is 31.3 years (Nebraska: 37.2).
How long is the commute in Lexington?
The average commute to work in Lexington is 16 minutes; 0.5% of workers work from home.
What is the unemployment rate in Lexington?
The unemployment rate in Lexington is 2.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Lexington?
13.1% of adults in Lexington have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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