Minnesota · Census place 36836
Lexington city, MN
Quick answer
Lexington city has 2,616 residents, ranking #226 of 914 places in Minnesota. Median household income is $72,955, the median home is worth $282,000 and median gross rent runs $1,462 a month.
- Population
- 2,616Lexington city residents
- Median household income
- $72,955Past 12 months, inflation adjusted
- Median home value
- $282,000Owner-occupied units
- Median gross rent
- $1,462Rent plus utilities, monthly
- Median age
- 38.4 yrsAll residents
- Homeownership rate
- 53%Owner-occupied households
What the numbers mean in Lexington city
Housing cost measured against local earnings.
A household earning the Lexington city median would spend about 24% 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 3.9× the median household income; nationally that ratio sits near 4.5×. Poverty affects 9.5% of residents and 53% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Minnesota.
- Crosslake city 2,648
- Glenwood city 2,648
- Breezy Point city 2,647
- Granite Falls city 2,612
- Osseo city 2,601
- Pelican Rapids city 2,589
- Wabasha city 2,569
Keep going
More Minnesota coverage.