Lexington, MN
Population 2,616 · Minnesota
About Lexington, MN
Lexington is a small community in Minnesota with a population of 2,616 residents. The median household income is $72,955 per year, which is above the national average. The median age in Lexington is 38.4 years.
Housing in Lexington has a median home value of $282,000 and median monthly rent of $1,462. Of the 1,196 total housing units, the majority are owner-occupied, with 584 owner-occupied and 518 renter-occupied units.
The unemployment rate in Lexington is 4.7% and the poverty rate is 9.5%. 21.8% of residents hold a bachelor's degree or higher. The average commute time is 21.9 minutes.
Cost of Living in Lexington, MN
Compared to national averages, Lexington has a median household income of $72,955 (3% below the national median of $75,149). Home values average $282,000, which is 15% above the national median. Monthly rent at $1,462 is 26% above the US average of $1,163. Within Minnesota, Lexington's income is 2% below the state average of $74,221, and home values are 38% above the state median of $204,472.
Why Live in Lexington, MN?
Lexington offers a low poverty rate of 9.5%, better than the national average, and short commute times averaging just 21.9 minutes.
Potential considerations include median household income ($72,955) that falls below the national average. However, Lexington’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Lexington has a population of 2,616 with a median age of 38.4 years. Compare Lexington with other cities to see how it stacks up, or explore all cities in Minnesota.
Similar Cities Near Lexington
Cities in Minnesota with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Granite Falls | 2,612 | $59,402 | $139,700 | Compare |
| Osseo | 2,601 | $66,875 | $275,000 | Compare |
| Pelican Rapids | 2,589 | $65,482 | $177,700 | Compare |
| Breezy Point | 2,647 | $85,913 | $301,000 | Compare |
| Crosslake | 2,648 | $85,000 | $540,200 | Compare |
| Glenwood | 2,648 | $45,735 | $181,000 | Compare |
| Wabasha | 2,569 | $62,016 | $212,800 | Compare |
| Foley | 2,685 | $58,092 | $192,600 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Minnesota
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, MN?
The population of Lexington, MN is 2,616 according to the latest Census data.
What is the median household income in Lexington?
The median household income in Lexington, MN is $72,955 per year.
What is the median home value in Lexington?
The median home value in Lexington, MN is $282,000.
What is the average rent in Lexington?
The median monthly rent in Lexington, MN is $1,462.
What is the unemployment rate in Lexington?
The unemployment rate in Lexington, MN is 4.7%.