Median Income
$93,651
household / year
Median Home Value
$224,700
owner-occupied
Median Rent
$1,000
gross / month
Cost of Living
96
national avg = 100

Is Lexington, VA a Good Place to Live?

Lexington is a small town of 7,346 in Virginia, with a median household income of $93,651 and a 2.5% unemployment rate. Its cost of living index is 96 (US average = 100), which is 4% below the national average.

Strengths: Lexington stands out for an affordable cost of living, below-average home prices, lower-than-average crime, solid school ratings (A), a well-educated population, short average commutes.

Trade-offs: No major red flags stand out in the available data. 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: 95.9

Lexington's overall cost of living index is 95.9, where 100 represents the US national average. Living in Lexington costs roughly 4% less than the average American city.

Metric Lexington, VA National Avg
Median Home Value $224,700 $244,900
Median Monthly Rent $1,000 $1,163
Homeownership Rate 52.8% 65.9%
Median Household Income $93,651 $74,755

Crime & Safety

Very Safe

Lexington's violent crime rate is 130.6 per 100,000 residents — 66% lower than the national average of ~380 per 100,000.

Violent Crime
130.6 /100k
Property Crime
457.2 /100k

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

Schools & Education

Lexington is served primarily by Rockbridge County Public Schools. The student-to-teacher ratio is 11.3:1 (better than the national average of ~16:1).

Metric Lexington, VA National Avg
School District Rockbridge County Public Schools
Elementary Schools 4
Middle Schools 1
High Schools 1
Student/Teacher Ratio 11.3:1 16:1
Bachelor's Degree or Higher 60.2% 35.4%
High School Diploma or Higher 96.2% 91.1%

Weather & Climate

Lexington sees average highs of 45.2°F in January and 86.6°F in July, with 42.9 inches of annual precipitation and 13.5 inches of snow per year.

MetricLexington, VA
Average High — January45.2°F
Average High — July86.6°F
Annual Precipitation42.9"
Annual Snowfall13.5"

Demographics

MetricLexington, VANational Avg
Population7,346
Median Age22.738.9
Unemployment Rate2.5%3.7%
Avg Commute Time13.2 min26 min
White (non-Hispanic)83.5%59.3%
Black or African American5.2%13.6%
Hispanic or Latino4.2%18.9%
Asian3.1%6.3%
Under 187.2%22.2%
65 and over14.6%16.8%

Nearby Cities

ZIP Codes in Lexington

Lexington, VA is covered by 1 ZIP code:

Lexington vs Other Cities

Frequently Asked Questions

Lexington's cost of living index is 96, where 100 is the national average. That makes Lexington roughly 4% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $224,700 and median rent is $1,000/month.
Lexington's violent crime rate is 130.6 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 457.2 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Lexington are operated by Rockbridge County Public Schools. The district has 4 elementary, 1 middle, and 1 high schools. The student-to-teacher ratio is 11.3:1. 60.2% of adults 25+ hold a bachelor's degree or higher.
Lexington, VA has a population of 7,346, a median household income of $93,651, and an unemployment rate of 2.5%. 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 45.2°F in January and 86.6°F in July. Annual rainfall is 42.9 inches with about 13.5 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
Lexington, VA is covered by 1 ZIP code: 24450.
The population of Lexington, Virginia is 7,346 with a median age of 22.7. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Lexington: cost of living index 96 (100 = US average), median home $224,700, median household income $93,651, crime index 29 (100 = US average, lower is safer), schools rated A. 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.