Tennessee · Census place 41980
Lexington city, TN
Quick answer
Lexington city has 7,943 residents, ranking #79 of 504 places in Tennessee. Median household income is $49,253, the median home is worth $173,200 and median gross rent runs $758 a month.
- Population
- 7,943Lexington city residents
- Median household income
- $49,253Past 12 months, inflation adjusted
- Median home value
- $173,200Owner-occupied units
- Median gross rent
- $758Rent plus utilities, monthly
- Median age
- 36.4 yrsAll residents
- Homeownership rate
- 58.8%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 18.5% 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 3.5× the median household income; nationally that ratio sits near 4.5×. Poverty affects 18.9% of residents and 58.8% 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 Tennessee.
- Harrison CDP 8,446
- Pulaski city 8,305
- Milan city 8,194
- Thompson's Station town 7,855
- Humboldt city 7,799
- South Cleveland CDP 7,748
- Ripley city 7,718
Keep going
More Tennessee coverage.