East Lexington, VA
Population 2,020 · Virginia
About East Lexington, VA
East Lexington is a small town located in Virginia with a population of 2,020 residents according to the latest US Census Bureau American Community Survey data. The median household income is $70,500 per year, which is 6% below the national median of $75,149. The median age of 40.1 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in East Lexington features a median home value of $275,800, which is 13% above the national median of $244,900. This positions East Lexington in a moderately priced market relative to the rest of the country. Median monthly rent is $965, 17% below the national average of $1,163/month. Of the 765 total housing units, 49% are owner-occupied (351 units) and 51% are renter-occupied (365 units). The higher proportion of renters may reflect a transient population, younger demographics, or high housing costs relative to income.
Economy & Employment
The local economy in East Lexington shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 10.5%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in East Lexington have an average one-way commute time of 19.9 minutes, one of the shorter commutes in the region.
Education & Demographics
22.8% of East 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 0.0% White, 0.4% Hispanic or Latino, 0.0% Black or African American, and 0.4% Asian residents, with 1.4% of the population being foreign-born.
Cost of Living in East Lexington, VA
Compared to national averages, East Lexington has a median household income of $70,500 (6% below the national median of $75,149). Home values average $275,800, which is 13% above the national median. Monthly rent at $965 is 17% below the US average of $1,163. Within Virginia, East Lexington's income is 20% below the state average of $87,957, and home values are 16% below the state median of $327,514.
Why Live in East Lexington, VA?
East Lexington offers rent that’s lower than the national average at $965/month, and a strong job market with an unemployment rate of just 0.0%, and a low poverty rate of 10.5%, better than the national average. Additionally, the city features short commute times averaging just 19.9 minutes.
Potential considerations include median household income ($70,500) that falls below the national average. However, East Lexington’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
East Lexington has a population of 2,020 with a median age of 40.1 years. Compare East Lexington with other cities to see how it stacks up, or explore all cities in Virginia.
Similar Cities Near East Lexington
Cities in Virginia with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Pennington Gap | 2,020 | $22,857 | $86,900 | Compare |
| Dayton | 2,023 | $87,763 | $338,000 | Compare |
| Mount Jackson | 2,048 | $55,521 | $170,300 | Compare |
| Saltville | 2,056 | $46,098 | $92,000 | Compare |
| Lake Holiday | 2,059 | $100,341 | $277,700 | Compare |
| Mason Neck | 2,059 | $189,688 | $798,000 | Compare |
| Narrows | 2,064 | $61,894 | $110,000 | Compare |
| Stanley | 1,976 | $59,583 | $197,100 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Virginia
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare East Lexington With Other Cities
Frequently Asked Questions about East Lexington
What is the population of East Lexington, VA?
The population of East Lexington, VA is 2,020 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Virginia.
What is the median household income in East Lexington?
The median household income in East Lexington, VA is $70,500 per year, which is 6% below the national median of $75,149.
What is the median home value in East Lexington?
The median home value in East Lexington, VA is $275,800, which is 13% above the national median of $244,900. A significant portion of residents rent their homes.
What is the average rent in East Lexington?
The median monthly rent in East Lexington, VA is $965, which is 17% below the national average of $1,163/month.
What is the unemployment rate in East Lexington?
The unemployment rate in East Lexington, VA is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is East Lexington, VA a good place to live?
East Lexington offers a moderate cost of living, a competitive housing market, and a strong job market. With a population of 2,020 and a median age of 40.1, the city appeals to a broad range of residents.
How educated is East Lexington, VA?
22.8% of residents in East 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 East Lexington?
Key cost-of-living indicators for East Lexington, VA: median home value is $275,800 (13% above national), median rent is $965/month, and median household income is $70,500. The home-value-to-income ratio is 3.9x, a moderate figure by national standards.
What is the poverty rate in East Lexington?
The poverty rate in East Lexington, VA is 10.5%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is East Lexington, VA?
East Lexington's population is 0.0% White, 0.4% Hispanic or Latino, 0.0% Black or African American, 0.4% Asian, and 15.7% two or more races. 1.4% of residents are foreign-born.