Lexington, VA

Full City Profile · Virginia · Lexington city County

3.9 /5.0
B+ Good
7,420 Population 2,968/sq mi density
$89,598 Median Income $30,839 per capita
$275,300 Home Value $365,926 Zillow
$985 Median Rent 28.4% income on rent
55°F Avg Temperature
144 Violent Crime/100K 457 property/100K
B+
Overall
3.9 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.5 / 5.0
$89,598 median income, 0.7% unemployment
A+
Affordability
5.0 / 5.0
$275,300 home value, $985/mo rent
F
Safety
1.0 / 5.0
144 violent crimes/100K
A+
Education
5.0 / 5.0
57.3% bachelor's degree or higher

Lexington, VA

At a Glance

Median Income
$89,598
19% above
$30,839 per capita
Home Value
$275,300
2% below
Zillow: $365,926
Median Rent
$985/mo
15% below
28.4% of income on rent
Violent Crime
144/100K
62% below
457/100K property
Bachelor's Degree+
57.3%
70% above
95.9% high school+
Unemployment
0.7%
81% below
10.2% poverty rate
Obesity Rate
34.4%
7% above
11.9% smoking rate
Avg Temperature
55°F

How Lexington Compares to the U.S. Average

Each bar shows Lexington's value as a percentage of the national average (100% = U.S. avg)

Income
119%
Home Value
98%
Rent
85%
Poverty
82%
Bachelor's
170%
Unemployment
19%
Crime
38%
Thin vertical line = U.S. national average (100%)

Is Lexington a Good Place to Live?

B+
3.9 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Lexington residents earn a median household income of $89,598 , which is 19% above the national average of $75,149. Per capita income is $30,839. The unemployment rate stands at 0.7% (81% below the U.S. rate of 3.6%). 10.2% of residents live below the poverty line. The area is home to 310 business establishments, including 49 restaurants.

Housing & Cost of Living

The median home value in Lexington is $275,300 , 2% below the national median of $281,900. Zillow estimates the typical home at $365,926. Median rent is $985/month, with 28.4% of renters spending more than 30% of income on housing. The cost of living index is 101.1 (100 = national average). The median home was built in 1957.

Safety & Crime

Lexington reports 144 violent crimes per 100,000 residents , which is 62% below the national average of 380/100K. Property crime is 457/100K.

Education

57.3% of adults in Lexington hold a bachelor's degree or higher (70% above the national average). 95.9% have completed high school. Local schools score 6.2/10 in standardized testing.

Climate & Weather

Lexington has an average annual temperature of 55°F (13°C). Winters average 34°F in January while summers reach 75°F in July. Annual precipitation totals 42.9 inches.

Data Overview

People

Population7,420
Median Age22.5 yrs
Density2,968/mi²
Male / Female56% / 44%
Foreign Born5.0%
Veterans3.2%

Economy

A+
Median Income$89,598
Per Capita$30,839
Unemployment0.7%
Poverty10.2%
Avg Weekly Wage$962

Housing

A+
Home Value$275,300
Rent$985
Ownership51.7%
Zillow$365,926
Housing Units2,525
Rent Burden28.4%

Crime

F
Violent144/100K
Property457/100K

Health

Obesity34.4%
Diabetes9.7%
Smoking11.9%
Heart Disease5.0%
Premature Death5,114/100K

Climate

Avg Temp55°F
Rain42.9 in/yr
Elevation1,081 ft

Education

A+
Bachelor's+57.3%
High School+95.9%
Graduate+29.3%
School Score6.2/10

Community

2024 VoteR 36% / D 63%
Commute12 min
Broadband89.2%
Internet Speed179 Mbps
EV Stations7
Libraries2

Did You Know?

Lexington was founded in 1777.
The median home in Lexington was built in 1957.
The nearest airport is Lynchburg Regional/Preston Glenn Field (34 miles).
The Gini coefficient (income inequality) is 0.411 (U.S. avg: 0.490).
Natural hazard risk is rated "Very Low" by FEMA.
10.8% of the population has a disability.
Average internet download speed is 179 Mbps.