Lexington city
How many people live in Lexington city
- Population7,525
- Households2,187
- Average household size3.44
- Median household income$84,517
- Median age22.6
- Median gross rent$1,081 per month
- Median owner-occupied home value$275,200
- Home value to household income3.3 times
- Annual rent as a share of median income15.3 percent
- Adults 25 and over with a bachelor degree or higher50.7 percent
- Adults 25 and over with a graduate degree30.1 percent
- Adults 25 and over3,367
- Population under 18548
- Share under 187.3 percent
- Population 65 and over1,273
- Share 65 and over16.9 percent
- Working age population, 18 to 645,704
- Civilian labor force2,979
- Unemployment rate0.6 percent
- Labor force participation, adults 18 and over42.7 percent
- Rank by population among Virginia independent cities120th of 133
- Rank by population among US county-equivalents2687th
Lexington city is the 120th largest of 133 Virginia independent cities by population. A median home costs 3.3 times median household income, which is an affordable ownership market by national standards. Residents 65 and over outnumber those under 18, at 16.9 percent against 7.3 percent, which points demand at health care, services and single storey product rather than schools.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Lexington city
Is Lexington city growing
- Population change since the 2020 census base6.72 percent
- Census 2020 base population7,311
- Births, 2024115
- Deaths, 202442
- Natural change, 202473
- Net domestic migration, 2024131
- Net international migration, 202443
- Total net migration, 2024174
- Cumulative net domestic migration, 2021 to 2024146
- Rank by growth among US county-equivalents327th
The county has grown 6.72 percent since the 2020 census base. Migration contributed more to 2024 change than births over deaths, so demand here follows people arriving rather than families forming.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Lexington city
Where people moving to Lexington city come from
- Tax returns filed by households arriving267
- People arriving, from those returns448
- Adjusted gross income arriving$22.5 m
- Net adjusted gross income movement$0
- Average income of an arriving household$84,157
- Largest single originLexington city Non-migrants (1,693 households)
- Largest single destination (1,693 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Lexington city Non-migrants | 1,693 | 3,226 | $174.1 m |
| Other flows - Different State | 137 | 219 | $13.0 m |
| Rockbridge County | 67 | 131 | $4.4 m |
| Other flows - Same State | 63 | 98 | $5.0 m |
| Other flows - South | 63 | 102 | $5.9 m |
| Other flows - Northeast | 31 | 47 | $2.8 m |
| Other flows - West | 23 | 41 | $1.8 m |
| Other flows - Midwest | 20 | 29 | $2.5 m |
The largest single source of arrivals is Lexington city Non-migrants, which is the catchment a retail or multifamily study should look at first.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Lexington city
Who employs people in Lexington city
- Covered employment, annual average5,378
- Establishments reporting310
- Average annual pay$50,009
- Average weekly wage$962
- Sector 81, employment158
- Sector 81, average annual pay$57,621
- Sector 52, employment118
- Sector 52, average annual pay$78,570
- Sector 51, employment32
- Sector 51, average annual pay$27,144
- Sector 53, employment26
- Sector 53, average annual pay$58,090
- Sector 99, employment13
- Sector 23, employment12
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 81 | 158 | 32 | $57,621 |
| Sector 52 | 118 | 20 | $78,570 |
| Sector 51 | 32 | 4 | $27,144 |
| Sector 53 | 26 | 11 | $58,090 |
| Sector 99 | 13 | 5 | $51,853 |
| Sector 23 | 12 | 6 | $84,583 |
| Sector 31-33 | 10 | 4 | $32,161 |
The largest sector is the biggest private employer group at 158 jobs, 2.9 percent of covered employment. Average pay per job sits below median household income, so households here typically need more than one earner.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Lexington city
What businesses operate in Lexington city
- Establishments, all industries253
- Employment at those establishments4,728
- Annual payroll$197.7 m
- Establishments per 1,000 residents33.6
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against.
US Census Bureau, County Business Patterns, 2023.
Lexington city
What is being built in Lexington city
- Housing units authorised by permit, 20241
- Declared construction value permitted$437,670
- Single family units authorised1
- Multifamily units authorised0
- Multifamily share of units0.0 percent
- Average declared value per unit$437,670
- Units authorised per 1,000 households0.5
Multifamily is 0.0 percent of units authorised, so the pipeline is predominantly for sale product.
US Census Bureau, Building Permits Survey, 2024 annual.
Lexington city
How big is Lexington city
- Land area2 sq mi
- Rank by land area among Virginia independent cities133rd of 133
- Width, east to west2.5 mi
- Height, north to south1.7 mi
- Geographies sharing a boundary1
- Residents per square mile of land3,763
- Establishments per square mile126.50
US Census Bureau county boundary geometry, TIGER, adjacency computed from shared boundary vertices, TIGER county boundaries. US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year. US Census Bureau, County Business Patterns, 2023.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- No 7(a) approvals recorded in this county in the FOIA release covering FY2020 onward.
- No 504 approvals recorded in this county in the FOIA release covering FY2010 onward.
- No NFIP communities are listed for this county in the FEMA Community Status Book.
- Flood zone record counts are not held. The flood coverage export has not landed, so no count is shown rather than an estimated one.
- Traffic counts resolve in the platform, not in this dataset, so no AADT figure is printed here.
- Zoning is in build. Parcel level zoning is not published on this page.
Feasibility studies
When a Lexington city site needs a document a lender will accept.
The same data layer behind this page is the one the studies are written from. A study for a Lexington city site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population7,525
- Households2,187
- Average household size3.44
- Median household income$84,517
- Median age22.6
Common questions
Lexington city questions, answered from the record.
How many people live in Lexington city, Virginia?
7,525, in 2,187 households, ranking 120th of 133 Virginia counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Lexington city growing?
The population has grown 6.72 percent since the 2020 census base. In 2024 there were 115 births against 42 deaths, with net migration of 174. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Lexington city?
$84,517. The median owner-occupied home is valued at $275,200, which is 3.3 times income, and median gross rent is $1,081 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Lexington city?
253 establishments, employing 4,728 people with an annual payroll of $197.7 m. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is the average wage in Lexington city?
Average annual pay is $50,009, or $962 a week, across 5,378 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
What is being built in Lexington city?
1 housing units were authorised by permit in 2024, with a declared construction value of $437,670. Multifamily was 0.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Lexington city?
Zone 1, a predicted average indoor radon screening level greater than 4 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Where do people moving to Lexington city come from?
The largest single origin is Lexington city Non-migrants, with 1,693 households. Arriving households report an average income of $84,157 against null for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Lexington city on this page?
No. Annual average daily traffic resolves in the platform rather than in this dataset, so no AADT figure is printed here. It is a gap we know about rather than a figure we estimated.
Is zoning published for Lexington city?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame with confirm locally attached.