Living in Lexington, Oklahoma
Cost of living, income, home prices, rent and demographics of Lexington · Census data 2020–2024
Lexington has 1,972 residents with a median age of 40.7. The median household income is $46,932 (28% lower than the Oklahoma median), the median home value is $92,000, the median rent is $960/month.
Lexington at a glance
- Population
- 1,972
- Median age
- 40.7State: 37
- Median household income
- $46,932State: $65,039
- Median home value
- $92,000State: $199,800
- Median rent
- $960/moState: $1,014
- Homeowners
- 68.6%
- Bachelor's degree or higher
- 12.6%
- Average commute
- 30 min
Is Lexington a good place to live?
Pros: Home values 54% lower than the state median.
Cons: Median household income 28% lower than the Oklahoma median; an average commute of 30 minutes; unemployment of 5.5%; a poverty rate of 25.7%.
The weather is best in April–May and September–October.
Cost of living in Lexington
Housing is the biggest part of the cost of living. In Lexington the median home value is $92,000, 72% lower than the U.S. median. Renters pay a median of $960 per month, which is 22.1% of household income. Homeowners with a mortgage pay $1,228 a month in housing costs.
Lexington median household income
The median household income in Lexington is $46,932 and the income per person is $24,638. 25.7% of residents live below the poverty line (Oklahoma: 15.3%).
Housing in Lexington: homes for sale and rent
- Housing units
- 950
- Owner-occupied
- 68.6%
- Renter-occupied
- 31.4%
- Vacant
- 14.6%Includes seasonal homes
- Median year built
- 1982
- Average household size
- 2.28
Lexington demographics
- Population
- 1,972
- Median age
- 40.7
- Under 18
- 23.2%
- 65 and older
- 24.8%
- Households
- 811
- Foreign-born
- 8.1%
- Veterans
- 7%Adults 18+
Hispanic or Latino can be of any race. Population history of Lexington ›
Education in Lexington
12.6% of adults 25 and older in Lexington have a bachelor's degree or higher (Oklahoma: 28.3%), and 4.4% have a graduate or professional degree.
Jobs and commute in Lexington
- Unemployment rate
- 5.5%State: 5%
- Average commute
- 30 minState: 22 min
- Work from home
- 3.8%
- Drive alone
- 87.9%
- Public transit
- 0%
- Walk to work
- 1.1%
- Homes with broadband
- 77.1%
Lexington vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Lexington | 1,972 | $46,932 | $92,000 | $960 |
| Purcell | 6,803 | $63,457 | $171,600 | $868 |
| Slaughterville | 4,251 | $72,944 | $219,400 | $1,014 |
| Wayne | 701 | $66,071 | $117,600 | $965 |
| Noble | 7,493 | $81,739 | $190,200 | $1,038 |
| Washington | 928 | $90,321 | $241,700 | $2,160 |
| Maysville | 1,399 | $60,931 | $152,400 | $775 |
| Goldsby | 3,085 | $103,333 | $399,000 | $645 |
| Etowah | 138 | $55,313 | $120,000 | — |
More for people moving to Lexington
Lexington ZIP code ›Weather and climate ›Living in Lexington: FAQ
What is the median household income in Lexington, OK?
The median household income in Lexington is $46,932, 28% lower than the Oklahoma median of $65,039 (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 $92,000, compared with $199,800 in Oklahoma.
How much is rent in Lexington?
The median gross rent in Lexington is $960 per month, about 22.1% of household income.
Is Lexington, OK a good place to live?
Pluses: home values 54% lower than the state median. Minuses: median household income 28% lower than the Oklahoma median; an average commute of 30 minutes; unemployment of 5.5%; a poverty rate of 25.7%.
What is the median age in Lexington?
The median age in Lexington is 40.7 years (Oklahoma: 37).
How long is the commute in Lexington?
The average commute to work in Lexington is 30 minutes; 3.8% of workers work from home.
What is the unemployment rate in Lexington?
The unemployment rate in Lexington is 5.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Lexington?
12.6% 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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