Living in Lexington, South Carolina
Cost of living, income, home prices, rent and demographics of Lexington · Census data 2020–2024
Lexington has 24,585 residents with a median age of 39. The median household income is $87,126 (26% higher than the South Carolina median), the median home value is $297,700, the median rent is $1,545/month.
Lexington at a glance
- Population
- 24,585
- Median age
- 39State: 40.2
- Median household income
- $87,126State: $69,324
- Median home value
- $297,700State: $259,000
- Median rent
- $1,545/moState: $1,180
- Homeowners
- 68.7%
- Bachelor's degree or higher
- 50.7%
- Average commute
- 25 min
Is Lexington a good place to live?
Pros: Median household income 26% higher than the South Carolina median; an average commute of 25 minutes; a poverty rate of 7.4%.
Cons: Home values 15% higher than the state median; unemployment of 5.2%.
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 $297,700, 11% lower than the U.S. median. Renters pay a median of $1,545 per month, which is 28.8% of household income. Homeowners with a mortgage pay $1,580 a month in housing costs.
Lexington median household income
The median household income in Lexington is $87,126 and the income per person is $43,606. 7.4% of residents live below the poverty line (South Carolina: 14.1%).
Housing in Lexington: homes for sale and rent
- Housing units
- 10,348
- Owner-occupied
- 68.7%
- Renter-occupied
- 31.3%
- Vacant
- 5.5%Includes seasonal homes
- Median year built
- 2002
- Average household size
- 2.42
Lexington demographics
- Population
- 24,585
- Median age
- 39
- Under 18
- 24.1%
- 65 and older
- 16.3%
- Households
- 9,778
- Foreign-born
- 10.1%
- Veterans
- 9.8%Adults 18+
Hispanic or Latino can be of any race. Population history of Lexington ›
Education in Lexington
50.7% of adults 25 and older in Lexington have a bachelor's degree or higher (South Carolina: 32.1%), and 18% have a graduate or professional degree.
Jobs and commute in Lexington
- Unemployment rate
- 5.2%State: 4.9%
- Average commute
- 25 minState: 26 min
- Work from home
- 14.2%
- Drive alone
- 76.1%
- Public transit
- 0%
- Walk to work
- 2.5%
- Homes with broadband
- 93.5%
Lexington vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Lexington | 24,585 | $87,126 | $297,700 | $1,545 |
| Oak Grove | 12,256 | $74,554 | $210,300 | $1,045 |
| Red Bank | 11,314 | $68,004 | $189,000 | $1,160 |
| Seven Oaks | 15,921 | $62,955 | $208,400 | $1,246 |
| Springdale | 2,742 | $77,722 | $221,700 | $1,291 |
| West Columbia | 17,963 | $56,912 | $201,700 | $1,201 |
| White Knoll | 8,310 | $80,246 | $249,400 | $1,180 |
| South Congaree | 2,075 | $59,539 | $192,500 | $933 |
| Irmo | 11,813 | $80,489 | $203,400 | $1,477 |
More for people moving to Lexington
Lexington ZIP code ›Weather and climate ›Living in Lexington: FAQ
What is the median household income in Lexington, SC?
The median household income in Lexington is $87,126, 26% higher than the South Carolina median of $69,324 (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 $297,700, compared with $259,000 in South Carolina.
How much is rent in Lexington?
The median gross rent in Lexington is $1,545 per month, about 28.8% of household income.
Is Lexington, SC a good place to live?
Pluses: median household income 26% higher than the South Carolina median; an average commute of 25 minutes; a poverty rate of 7.4%. Minuses: home values 15% higher than the state median; unemployment of 5.2%.
What is the median age in Lexington?
The median age in Lexington is 39 years (South Carolina: 40.2).
How long is the commute in Lexington?
The average commute to work in Lexington is 25 minutes; 14.2% of workers work from home.
What is the unemployment rate in Lexington?
The unemployment rate in Lexington is 5.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Lexington?
50.7% 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.
Last updated: