Lexington, OH
Population 4,866 · Ohio
About Lexington, OH
Lexington is a small town located in Ohio with a population of 4,866 residents according to the latest US Census Bureau American Community Survey data. The median household income is $56,068 per year, which is 25% below the national median of $75,149. The median age of 42 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Lexington features a median home value of $183,500, which is 25% 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 $756, 35% below the national average of $1,163/month. Of the 2,119 total housing units, 69% are owner-occupied (1,413 units) and 31% are renter-occupied (649 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Lexington shows an unemployment rate of 7.3%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 12.9%, above the national average of 12.4%. Workers in Lexington have an average one-way commute time of 21.9 minutes.
Education & Demographics
25.0% of Lexington residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 1.8% White, 2.5% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 4.0% of the population being foreign-born.
Cost of Living in Lexington, OH
Compared to national averages, Lexington has a median household income of $56,068 (25% below the national median of $75,149). Home values average $183,500, which is 25% below the national median. Monthly rent at $756 is 35% below the US average of $1,163. Within Ohio, Lexington's income is 22% below the state average of $71,814, and home values are 5% above the state median of $174,449.
Why Live in Lexington, OH?
Lexington offers affordable housing with a median home value of $183,500, below the US average of $244,900, and rent that’s lower than the national average at $756/month, and short commute times averaging just 21.9 minutes.
Potential considerations include median household income ($56,068) 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 4,866 with a median age of 42 years. Compare Lexington with other cities to see how it stacks up, or explore all cities in Ohio.
Similar Cities Near Lexington
Cities in Ohio with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Silverton | 4,857 | $49,563 | $185,300 | Compare |
| Reedurban | 4,808 | $57,847 | $144,400 | Compare |
| Ottawa Hills | 4,796 | $177,656 | $306,300 | Compare |
| Calcutta | 4,770 | $60,341 | $159,700 | Compare |
| Mount Orab | 4,765 | $57,027 | $220,800 | Compare |
| Whitehouse | 4,757 | $89,375 | $253,200 | Compare |
| West Milton | 4,740 | $59,522 | $120,200 | Compare |
| Summerside | 5,001 | $67,870 | $185,600 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Ohio
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, OH?
The population of Lexington, OH is 4,866 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Ohio.
What is the median household income in Lexington?
The median household income in Lexington, OH is $56,068 per year, which is 25% below the national median of $75,149.
What is the median home value in Lexington?
The median home value in Lexington, OH is $183,500, which is 25% 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, OH is $756, which is 35% below the national average of $1,163/month.
What is the unemployment rate in Lexington?
The unemployment rate in Lexington, OH is 7.3%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Lexington, OH a good place to live?
Lexington offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 4,866 and a median age of 42, the city appeals to a broad range of residents.
How educated is Lexington, OH?
25.0% 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, OH: median home value is $183,500 (25% below national), median rent is $756/month, and median household income is $56,068. The home-value-to-income ratio is 3.3x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Lexington?
The poverty rate in Lexington, OH is 12.9%, 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, OH?
Lexington's population is 1.8% White, 2.5% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 2.4% two or more races. 4.0% of residents are foreign-born.