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ZipNumbers

Alabama · Census place 42640

Lexington town, AL

Quick answer

Lexington town has 665 residents, ranking #388 of 593 places in Alabama. Median household income is $56,354, the median home is worth $180,600 and median gross rent runs $693 a month.

Population
665Lexington town residents
Median household income
$56,354Past 12 months, inflation adjusted
Median home value
$180,600Owner-occupied units
Median gross rent
$693Rent plus utilities, monthly
Median age
36.1 yrsAll residents
Homeownership rate
63.1%Owner-occupied households

What the numbers mean in Lexington town

Housing cost measured against local earnings.

A household earning the Lexington town median would spend about 14.8% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 3.2× the median household income; nationally that ratio sits near 4.5×. Poverty affects 19.5% of residents and 63.1% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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