Lexington, MA
Population 34,085 · Massachusetts
About Lexington, MA
Lexington is a mid-sized city in Massachusetts with a population of 34,085 residents. The median household income is $219,402 per year, which is above the national average. The median age in Lexington is 46.6 years.
Housing in Lexington has a median home value of $1,147,900 and median monthly rent of $2,816. Of the 12,672 total housing units, the majority are owner-occupied, with 9,998 owner-occupied and 2,339 renter-occupied units.
The unemployment rate in Lexington is 3.0% and the poverty rate is 4.3%. 85.0% of residents hold a bachelor's degree or higher. The average commute time is 30.5 minutes.
How Lexington Ranks in Massachusetts
Cost of Living in Lexington, MA
Compared to national averages, Lexington has a median household income of $219,402 (192% above the national median of $75,149). Home values average $1,147,900, which is 369% above the national median. Monthly rent at $2,816 is 142% above the US average of $1,163. Within Massachusetts, Lexington's income is 108% above the state average of $105,630, and home values are 105% above the state median of $561,296.
Why Live in Lexington, MA?
Lexington offers a strong local economy with a median household income of $219,402, well above the national average, and a strong job market with an unemployment rate of just 3.0%, and a well-educated community where 85.0% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 4.3%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $1,147,900. However, Lexington’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Lexington has a population of 34,085 with a median age of 46.6 years. Compare Lexington with other cities to see how it stacks up, or explore all cities in Massachusetts.
Similar Cities Near Lexington
Cities in Massachusetts with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Randolph Town | 34,683 | $103,129 | $463,500 | Compare |
| Franklin Town | 33,067 | $142,788 | $567,100 | Compare |
| Watertown Town | 35,270 | $123,422 | $737,600 | Compare |
| Amherst Town | 35,472 | $65,938 | $454,000 | Compare |
| Needham | 32,059 | $212,241 | $1,146,000 | Compare |
| Norwood | 31,380 | $97,110 | $613,500 | Compare |
| North Attleborough Town | 30,842 | $109,426 | $462,700 | Compare |
| Holyoke | 37,949 | $51,892 | $255,300 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Massachusetts
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Lexington With Other Cities
Frequently Asked Questions about Lexington
What is the population of Lexington, MA?
The population of Lexington, MA is 34,085 according to the latest Census data.
What is the median household income in Lexington?
The median household income in Lexington, MA is $219,402 per year.
What is the median home value in Lexington?
The median home value in Lexington, MA is $1,147,900.
What is the average rent in Lexington?
The median monthly rent in Lexington, MA is $2,816.
What is the unemployment rate in Lexington?
The unemployment rate in Lexington, MA is 3.0%.