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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 $353,088 Zillow
$985 Median Rent 28.4% income on rent
55°F Avg Temperature 305 sunny days/yr
98 Violent Crime/100K 380 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, 0.3% unemployment
A+
Affordability
5.0 / 5.0
$275,300 home value, $985/mo rent
F
Safety
1.0 / 5.0
98 violent crimes/100K
A+
Education
5.0 / 5.0
57.3% bachelor's degree or higher

Income Overview

Median Household Income
$89,598
19% above
US avg: $75,149
Per Capita Income
$30,839
21% below
US avg: $39,052
Unemployment Rate
0.3%
92% below
US avg: 3.6%
Poverty Rate
10.2%
18% below
US avg: 12.4%

Income Comparison: Lexington vs. U.S. Average

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

Median Household
US: $75,149
$89,598
119%
Per Capita
US: $39,052
$30,839
79%
IRS Avg AGI
US: $72,000
$89,396
124%
Avg Weekly Wage
US: $1,432
$962
67%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$962
33% below US avg ($1,432)
Mean Commute Time
12 min
55% below US avg (28 min)
Work From Home
13.4%
12% below US avg (15.2%)
Drive Alone
53.9%
26% below US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)

How Residents Get to Work

Drive Alone 53.9%
Public Transit 0%
Work From Home 13.4%
Other 32.7%
Average commute time
12 minutes
US avg: 28 min

Business Landscape

Total Establishments
310
Restaurants
49
Healthcare
42
Retail
36

Tax & Financial

IRS Avg Adjusted Gross Income
$89,396
24% above US avg ($72,000)
Avg Property Tax
$5,035
44% above US avg ($3,500)
Cost of Living Index
101.1
Above national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$89,598
Per Capita Income$30,839
IRS Avg Adjusted Gross Income$89,396
Avg Weekly Wage$962

Hardship Indicators

Unemployment Rate0.3%
Poverty Rate10.2%
Gini Coefficient0.411
Cost of Living Index101.1

Commute

Mean Commute12 minutes
Drive Alone53.9%
Public Transit0.0%
Work From Home13.4%

Businesses

Total Establishments310
Restaurants49
Healthcare42
Retail36

Tax

IRS Avg AGI$89,396
Avg Property Tax$5,035