City

Lexington, VA

1 ZIP code  ·  Lexington (city) County  ·  Virginia

👥17,760Population
💰$77,839Median HH Income≈ Avg
🎂37.2Median Age
🏠$294,200Median Home Value≈ Avg
🎓51.5%College Grads▲ 33% above avg
📊1.2%Unemployment▼ 76% below avg
People & Population (ACS 2023 — weighted avg)
♂ Male 52.0% Female 48.0% ♀

Race & Ethnicity

White: 86%Hispanic: 2.6%Black: 3.9%Asian: 2.2%Other: 4.4%Race
White86.0%
Hispanic2.6%
Black3.9%
Asian2.2%
Other4.4%

Age Breakdown

Under 5
4%
5–17
10%
18–24
25%
25–44
18%
45–64
22%
65+
10%

Key Indicators

Median Age37.2 yrs
Avg HH Size2.22
Below Poverty7.4% ▼ 26% below avg
College Grads51.5% ▲ 33% above avg
Unemployment1.2% ▼ 76% below avg
No HS Diploma94 (1%)
HS Graduate2,004 (20.6%)
Some College1,132 (11.7%)
Associates1,476 (15.2%)
Bachelors730 (7.5%)
Graduate Degree4,271 (44%)

Education

No HS: 1%HS Grad: 20.6%Some College: 11.7%Associates: 15.2%Bachelors: 7.5%Graduate: 44%Edu
No HS1.0%
HS Grad20.6%
Some College11.7%
Associates15.2%
Bachelors7.5%
Graduate44.0%
Housing & Income

Housing Tenure

Owner: 66.8%Renter: 33.2%Tenure
Owner66.8%
Renter33.2%

Home Value Distribution

Under $50k
1%
$50k–$100k
3%
$100k–$150k
8%
$150k–$200k
9%
$200k–$300k
31%
$300k–$500k
29%
Over $500k
19%

Financials

Median HH Income$77,839 ≈ Avg
Median Home Value$294,200 ≈ Avg
Home/Income Ratio3.8x (nat avg ~3.5x)
Median Rent$1,017/mo
Total Housing Units7,650
Vacant Units1,274

Income Distribution

Under $25k
14%
$25k–$50k
15%
$50k–$75k
18%
$75k–$100k
13%
$100k–$150k
23%
$150k–$200k
9%
Over $200k
8%
Employment & Commute

How People Get to Work

Drove Alone
72%
Public Transit
1%
Walked
13%
Work From Home
14%

Commute Time

Under 15 min
52%
15–30 min
21%
30–45 min
14%
Over 45 min
13%
Housing Stock

Year Built

Before 1940
1%
1940s–1950s
10%
1960s–1970s
13%
1980s–1990s
18%
2000+
59%
About Lexington, VA

Lexington is a city in Virginia, located in Lexington (city) County. The city spans 1 ZIP code and is home to approximately 17,760 residents. It is a relatively young city, with a median age of 37.2 years.

Economically, Lexington is a middle-income community. The median household income of $77,839 is near the national average. Approximately 7.4% of residents live below the poverty line. The unemployment rate is 1.2%, well below the national average.

The real estate market in Lexington is a mid-range housing market. Median home values stand at $294,200, which is near the national average. Renters typically pay around $1,017 per month. Homeownership is high at 66.8%, typical of suburban and family-oriented communities.

The population of Lexington is well-educated. 51.5% of adults hold a bachelor's degree or higher — above the national average. The community is primarily White (85.96%).

Lexington, VA offers residents above-average earning potential within Virginia.

ZIP Codes in Lexington
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
24450 17,760 $77,839 $294,200 $1,017 1.2% 51.5% 66.8%