Virginia · Census place 45512
Lexington city, VA
Quick answer
Lexington city has 7,420 residents, ranking #165 of 688 places in Virginia. Median household income is $89,598, the median home is worth $275,300 and median gross rent runs $985 a month.
- Population
- 7,420Lexington city residents
- Median household income
- $89,598Past 12 months, inflation adjusted
- Median home value
- $275,300Owner-occupied units
- Median gross rent
- $985Rent plus utilities, monthly
- Median age
- 22.5 yrsAll residents
- Homeownership rate
- 51.7%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 13.2% 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 15.9% 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 Virginia.
- Bull Run CDP (Fairfax County) 7,513
- North Springfield CDP 7,511
- Mantua CDP 7,447
- Woodlake CDP 7,373
- Strasburg town 7,162
- Floris CDP 7,135
- Long Branch CDP 7,066
Keep going
More Virginia coverage.