North Carolina · Census place 38060
Lexington city, NC
Quick answer
Lexington city has 19,691 residents, ranking #48 of 777 places in North Carolina. Median household income is $41,775, the median home is worth $158,100 and median gross rent runs $882 a month.
- Population
- 19,691Lexington city residents
- Median household income
- $41,775Past 12 months, inflation adjusted
- Median home value
- $158,100Owner-occupied units
- Median gross rent
- $882Rent plus utilities, monthly
- Median age
- 35.9 yrsAll residents
- Homeownership rate
- 41.2%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 25.3% 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 3.8× the median household income; nationally that ratio sits near 4.5×. Poverty affects 25.4% of residents and 41.2% 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 North Carolina.
- Clemmons village 21,574
- Waxhaw town 21,565
- Carrboro town 21,170
- Kinston city 19,576
- Boone town 19,534
- Knightdale town 19,532
- Lumberton city 19,220
Keep going
More North Carolina coverage.