Texas · Census place 42532
Lexington town, TX
Quick answer
Lexington town has 1,493 residents, ranking #853 of 1863 places in Texas. Median household income is $59,821, the median home is worth $186,100 and median gross rent runs $1,071 a month.
- Population
- 1,493Lexington town residents
- Median household income
- $59,821Past 12 months, inflation adjusted
- Median home value
- $186,100Owner-occupied units
- Median gross rent
- $1,071Rent plus utilities, monthly
- Median age
- 41.9 yrsAll residents
- Homeownership rate
- 51.7%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 21.5% 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 3.1× the median household income; nationally that ratio sits near 4.5×. Poverty affects 14.3% of residents and 51.7% 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 Texas.
- Franklin city 1,498
- LaCoste city 1,497
- Lakeside town (Tarrant County) 1,495
- Hubbard city 1,492
- Bovina city 1,490
- Boyd town 1,488
- Brownsboro city 1,479
Keep going
More Texas coverage.