Lexington, TX
Population 1,493 · Texas
About Lexington, TX
Lexington is a small community in Texas with a population of 1,493 residents. The median household income is $59,821 per year, which is near the national average. The median age in Lexington is 41.9 years.
Housing in Lexington has a median home value of $186,100 and median monthly rent of $1,071. Of the 773 total housing units, the majority are owner-occupied, with 363 owner-occupied and 339 renter-occupied units.
The unemployment rate in Lexington is 10.0% and the poverty rate is 14.3%. 6.6% of residents hold a bachelor's degree or higher. The average commute time is 47.6 minutes.
Cost of Living in Lexington, TX
Compared to national averages, Lexington has a median household income of $59,821 (20% below the national median of $75,149). Home values average $186,100, which is 24% below the national median. Monthly rent at $1,071 is 8% below the US average of $1,163. Within Texas, Lexington's income is 18% below the state average of $72,726, and home values are 12% below the state median of $211,769.
Why Live in Lexington, TX?
Lexington offers affordable housing with a median home value of $186,100, below the US average of $244,900, and rent that’s lower than the national average at $1,071/month.
Potential considerations include median household income ($59,821) 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 1,493 with a median age of 41.9 years. Compare Lexington with other cities to see how it stacks up, or explore all cities in Texas.
Similar Cities Near Lexington
Cities in Texas with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Hubbard | 1,492 | $47,284 | $115,600 | Compare |
| Lakeside town (Tarrant County), Texas | 1,495 | $108,214 | $320,200 | Compare |
| Bovina | 1,490 | $42,833 | $111,900 | Compare |
| LaCoste | 1,497 | $73,289 | $74,600 | Compare |
| Boyd | 1,488 | $66,944 | $230,700 | Compare |
| Franklin | 1,498 | $54,688 | $171,000 | Compare |
| Laguna Park | 1,506 | $63,214 | $187,500 | Compare |
| Lorena | 1,506 | $87,337 | $263,600 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Texas
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Lexington
What is the population of Lexington, TX?
The population of Lexington, TX is 1,493 according to the latest Census data.
What is the median household income in Lexington?
The median household income in Lexington, TX is $59,821 per year.
What is the median home value in Lexington?
The median home value in Lexington, TX is $186,100.
What is the average rent in Lexington?
The median monthly rent in Lexington, TX is $1,071.
What is the unemployment rate in Lexington?
The unemployment rate in Lexington, TX is 10.0%.