Median Income
$76,047
household / year
Median Home Value
$262,900
owner-occupied
Median Rent
$1,289
gross / month
Cost of Living
104
national avg = 100

Is Lexington, MN a Good Place to Live?

Lexington is a small town of 2,448 in Minnesota, with a median household income of $76,047 and a 5.7% unemployment rate. Its cost of living index is 104 (US average = 100), which is 4% above the national average.

Strengths: Lexington stands out for short average commutes.

Trade-offs: Potential downsides include an elevated unemployment rate. Whether Lexington is right for you depends on your priorities — the full breakdown is below.

All Lexington city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 104.5

Lexington's overall cost of living index is 104.5, where 100 represents the US national average. Living in Lexington costs roughly 4% more than the average American city.

Metric Lexington, MN National Avg
Median Home Value $262,900 $244,900
Median Monthly Rent $1,289 $1,163
Homeownership Rate 60.4% 65.9%
Median Household Income $76,047 $74,755

Crime & Safety

Very Safe

Lexington's violent crime rate is 142.3 per 100,000 residents — 63% lower than the national average of ~380 per 100,000.

Violent Crime
142.3 /100k
Property Crime
1358.3 /100k

Vertical marker = national average. Source: FBI UCR Program.

Schools & Education

Metric Lexington, MN National Avg
School District N/A
Elementary Schools N/A
Middle Schools N/A
High Schools N/A
Student/Teacher Ratio N/A 16:1
Bachelor's Degree or Higher 18.1% 35.4%
High School Diploma or Higher 81.8% 91.1%

Weather & Climate

Lexington sees average highs of 24.6°F in January and 82.7°F in July, with 33.0 inches of annual precipitation and 44.1 inches of snow per year.

MetricLexington, MN
Average High — January24.6°F
Average High — July82.7°F
Annual Precipitation33.0"
Annual Snowfall44.1"

Demographics

MetricLexington, MNNational Avg
Population2,448
Median Age38.238.9
Unemployment Rate5.7%3.7%
Avg Commute Time21.6 min26 min
White (non-Hispanic)77.9%59.3%
Black or African American10.0%13.6%
Hispanic or Latino2.9%18.9%
Asian3.6%6.3%
Under 1821.4%22.2%
65 and over6.9%16.8%

Nearby Cities

Lexington vs Other Cities

Frequently Asked Questions

Lexington's cost of living index is 104, where 100 is the national average. That puts Lexington roughly 4% above the national average in cost. The median home price is $262,900 and median rent is $1,289/month.
Lexington's violent crime rate is 142.3 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 1358.3 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
School district information is sourced from NCES Common Core of Data.
Lexington, MN has a population of 2,448, a median household income of $76,047, and an unemployment rate of 5.7%. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Lexington averages 24.6°F in January and 82.7°F in July. Annual rainfall is 33.0 inches with about 44.1 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
The population of Lexington, Minnesota is 2,448 with a median age of 38.2. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Lexington: cost of living index 104 (100 = US average), median home $262,900, median household income $76,047, crime index 48 (100 = US average, lower is safer). Whether these are benefits or drawbacks depends on where you're coming from — compare Lexington side by side with your current city to see the trade-offs.