In 2023, Lexington, VA had a population of 7.42k people with a median age of 22.5 and a median household income of $89,598. Between 2022 and 2023 the population of Lexington, VA grew from 7,346 to 7,420, a 1.01% increase and its median household income declined from $93,651 to $89,598, a −4.33% decrease.
The 5 largest ethnic groups in Lexington, VA are White (Non-Hispanic) (79.2%), Two+ (Non-Hispanic) (7.21%), Black or African American (Non-Hispanic) (4.66%), Asian (Non-Hispanic) (3.21%), and White (Hispanic) (2.53%).
None of the households in Lexington, VA reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.
97.1% of the residents in Lexington, VA are U.S. citizens.
The largest universities in Lexington, VA are Washington and Lee University (700 degrees awarded in 2022) and Virginia Military Institute (394 degrees).
In 2023, the median property value in Lexington, VA was $275,300, and the homeownership rate was 51.7%.
Most people in Lexington, VA drove alone to work, and the average commute time was 12.4 minutes. The average car ownership in Lexington, VA was 2 cars per household.