Living in Lexington, Texas
Cost of living, income, home prices, rent and demographics of Lexington · Census data 2020–2024
Lexington has 1,365 residents with a median age of 41.2. The median household income is $56,354 (28% lower than the Texas median), the median home value is $175,000, the median rent is $1,148/month.
Lexington is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Lexington at a glance
- Population
- 1,365
- Median age
- 41.2State: 35.6
- Median household income
- $56,354State: $78,476
- Median home value
- $175,000State: $283,800
- Median rent
- $1,148/moState: $1,403
- Homeowners
- 47.8%
- Bachelor's degree or higher
- 8.4%
- Average commute
- 38 min
Is Lexington a good place to live?
Pros: Home values 38% lower than the state median.
Cons: Median household income 28% lower than the Texas median; an average commute of 38 minutes; unemployment of 10.9%; a poverty rate of 15.6%.
The weather is best in March–April and October–November.
Cost of living in Lexington
Housing is the biggest part of the cost of living. In Lexington the median home value is $175,000, 47% lower than the U.S. median. Renters pay a median of $1,148 per month, which is 29.8% of household income. Homeowners with a mortgage pay $1,414 a month in housing costs.
Lexington median household income
The median household income in Lexington is $56,354 and the income per person is $30,858. 15.6% of residents live below the poverty line (Texas: 13.8%).
Housing in Lexington: homes for sale and rent
- Housing units
- 687
- Owner-occupied
- 47.8%
- Renter-occupied
- 52.2%
- Vacant
- 9.9%Includes seasonal homes
- Median year built
- 1976
- Average household size
- 2.21
Lexington demographics
- Population
- 1,365
- Median age
- 41.2
- Under 18
- 22.3%
- 65 and older
- 18.9%
- Households
- 619
- Foreign-born
- 1.2%
- Veterans
- 12.3%Adults 18+
Hispanic or Latino can be of any race. Population history of Lexington ›
Education in Lexington
8.4% of adults 25 and older in Lexington have a bachelor's degree or higher (Texas: 33.8%), and 2.9% have a graduate or professional degree.
Jobs and commute in Lexington
- Unemployment rate
- 10.9%State: 5.3%
- Average commute
- 38 minState: 27 min
- Work from home
- 14.6%
- Drive alone
- 75.4%
- Public transit
- 0%
- Walk to work
- 0.3%
- Homes with broadband
- 86.9%
Lexington vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Lexington | 1,365 | $56,354 | $175,000 | $1,148 |
| Dime Box | 145 | $88,750 | — | — |
| Paige | 129 | $133,309 | — | — |
| Cade Lakes | 329 | $58,750 | — | — |
| Giddings | 5,151 | $72,913 | $252,300 | $1,231 |
| Rockdale | 5,523 | $60,590 | $230,900 | $1,115 |
| McDade | 1,070 | $50,489 | $314,300 | $1,208 |
| Thorndale | 1,113 | $64,013 | $183,900 | $950 |
| Caldwell | 4,394 | $61,266 | $220,800 | $950 |
More for people moving to Lexington
Lexington ZIP code ›Weather and climate ›Living in Lexington: FAQ
What is the median household income in Lexington, TX?
The median household income in Lexington is $56,354, 28% lower than the Texas median of $78,476 (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 $175,000, compared with $283,800 in Texas.
How much is rent in Lexington?
The median gross rent in Lexington is $1,148 per month, about 29.8% of household income.
Is Lexington, TX a good place to live?
Pluses: home values 38% lower than the state median. Minuses: median household income 28% lower than the Texas median; an average commute of 38 minutes; unemployment of 10.9%; a poverty rate of 15.6%.
What is the median age in Lexington?
The median age in Lexington is 41.2 years (Texas: 35.6).
How long is the commute in Lexington?
The average commute to work in Lexington is 38 minutes; 14.6% of workers work from home.
What is the unemployment rate in Lexington?
The unemployment rate in Lexington is 10.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Lexington?
8.4% 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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