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ZipNumbers

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

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