Lexington, NE
Population 10,693 · Nebraska
About Lexington, NE
Lexington is a mid-sized city located in Nebraska with a population of 10,693 residents according to the latest US Census Bureau American Community Survey data. The median household income is $62,364 per year, which is 17% below the national median of $75,149. The median age of 30.9 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Lexington features a median home value of $155,200, which is 37% below the national median of $244,900. This positions Lexington in a moderately priced market relative to the rest of the country. Median monthly rent is $921, 21% below the national average of $1,163/month. Of the 3,561 total housing units, 55% are owner-occupied (1,898 units) and 45% are renter-occupied (1,532 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Lexington shows an unemployment rate of 2.8%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 16.5%, above the national average of 12.4%. Workers in Lexington have an average one-way commute time of 15.2 minutes, one of the shorter commutes in the region.
Education & Demographics
14.0% of Lexington residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 31.3% White, 1.4% Hispanic or Latino, 0.0% Black or African American, and 31.1% Asian residents, with 41.4% of the population being foreign-born.
How Lexington Ranks in Nebraska
Cost of Living in Lexington, NE
Compared to national averages, Lexington has a median household income of $62,364 (17% below the national median of $75,149). Home values average $155,200, which is 37% below the national median. Monthly rent at $921 is 21% below the US average of $1,163. Within Nebraska, Lexington's income is 5% below the state average of $65,895, and home values are 23% above the state median of $125,824.
Why Live in Lexington, NE?
Lexington offers affordable housing with a median home value of $155,200, below the US average of $244,900, and rent that’s lower than the national average at $921/month, and a strong job market with an unemployment rate of just 2.8%. Additionally, the city features short commute times averaging just 15.2 minutes.
Potential considerations include median household income ($62,364) 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 10,693 with a median age of 30.9 years. Compare Lexington with other cities to see how it stacks up, or explore all cities in Nebraska.
Similar Cities Near Lexington
Cities in Nebraska with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Chalco | 10,625 | $81,427 | $224,400 | Compare |
| Beatrice | 12,233 | $54,583 | $152,900 | Compare |
| Gretna | 9,117 | $118,765 | $326,000 | Compare |
| Gering | 8,567 | $70,244 | $170,700 | Compare |
| York | 8,114 | $62,632 | $170,900 | Compare |
| Alliance | 8,089 | $65,599 | $156,300 | Compare |
| Blair | 7,868 | $76,292 | $211,000 | Compare |
| Seward | 7,665 | $70,000 | $232,500 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Nebraska
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, NE?
The population of Lexington, NE is 10,693 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Nebraska.
What is the median household income in Lexington?
The median household income in Lexington, NE is $62,364 per year, which is 17% below the national median of $75,149.
What is the median home value in Lexington?
The median home value in Lexington, NE is $155,200, which is 37% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Lexington?
The median monthly rent in Lexington, NE is $921, which is 21% below the national average of $1,163/month.
What is the unemployment rate in Lexington?
The unemployment rate in Lexington, NE is 2.8%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Lexington, NE a good place to live?
Lexington offers a moderate cost of living, affordable housing, and a strong job market. With a population of 10,693 and a median age of 30.9, the city appeals to young professionals and families.
How educated is Lexington, NE?
14.0% of residents in Lexington aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Lexington?
Key cost-of-living indicators for Lexington, NE: median home value is $155,200 (37% below national), median rent is $921/month, and median household income is $62,364. The home-value-to-income ratio is 2.5x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Lexington?
The poverty rate in Lexington, NE is 16.5%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Lexington, NE?
Lexington's population is 31.3% White, 1.4% Hispanic or Latino, 0.0% Black or African American, 31.1% Asian, and 13.3% two or more races. 41.4% of residents are foreign-born.