Lexington, TN
Population 7,943 · Tennessee
About Lexington, TN
Lexington is a small community in Tennessee with a population of 7,943 residents. The median household income is $49,253 per year, which is below the national average. The median age in Lexington is 36.4 years.
Housing in Lexington has a median home value of $173,200 and median monthly rent of $758. Of the 3,250 total housing units, the majority are owner-occupied, with 1,693 owner-occupied and 1,188 renter-occupied units.
The unemployment rate in Lexington is 10.0% and the poverty rate is 18.9%. 14.9% of residents hold a bachelor's degree or higher. The average commute time is 26.8 minutes.
Cost of Living in Lexington, TN
Compared to national averages, Lexington has a median household income of $49,253 (34% below the national median of $75,149). Home values average $173,200, which is 29% below the national median. Monthly rent at $758 is 35% below the US average of $1,163. Within Tennessee, Lexington's income is 22% below the state average of $62,849, and home values are 19% below the state median of $214,371.
Why Live in Lexington, TN?
Lexington offers affordable housing with a median home value of $173,200, below the US average of $244,900, and rent that’s lower than the national average at $758/month.
Potential considerations include median household income ($49,253) 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 7,943 with a median age of 36.4 years. Compare Lexington with other cities to see how it stacks up, or explore all cities in Tennessee.
Similar Cities Near Lexington
Cities in Tennessee with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Thompson's Station | 7,855 | $122,139 | $598,200 | Compare |
| Humboldt | 7,799 | $42,873 | $111,300 | Compare |
| South Cleveland | 7,748 | $64,607 | $195,700 | Compare |
| Ripley | 7,718 | $39,047 | $152,200 | Compare |
| Milan | 8,194 | $45,608 | $121,400 | Compare |
| Pulaski | 8,305 | $45,420 | $168,200 | Compare |
| Harrison | 8,446 | $89,753 | $254,600 | Compare |
| Jefferson City | 8,472 | $53,819 | $205,000 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Tennessee
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, TN?
The population of Lexington, TN is 7,943 according to the latest Census data.
What is the median household income in Lexington?
The median household income in Lexington, TN is $49,253 per year.
What is the median home value in Lexington?
The median home value in Lexington, TN is $173,200.
What is the average rent in Lexington?
The median monthly rent in Lexington, TN is $758.
What is the unemployment rate in Lexington?
The unemployment rate in Lexington, TN is 10.0%.