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The total population of Lexington city is estimated to be 7,346 with 4,285 males (58.33%) and 3,061 females (41.67%). There are 1,224 less females than males in Lexington city.
The median household income in Lexington city was $71,463 in 2021, which marked an an increase of 13,997(24.36%) from $57,466 in 2020. This income is 95.79% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Lexington city sees its highest median household income among householders in the age group of 45 to 64 years old, at $97,312. Overall, the median household income for the county of Lexington city stands at $71,463.
In Lexington city, the median income for all workers aged 15 years and older, regardless of work hours, was $9,967 for males and $15,625 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $65,718 for males and $53,852 for females.
In Lexington city, there are just three different racial groups among households. Among these, Two or More Races households report a median household income of $96,765, followed by White households at $83,532, and Asian households with a median household income of $18,186.
In 2022, the population of Lexington city was 7,457, a 0.32% increase year-by-year from 2021. Previously, in 2021, Lexington city's population was 7,433, an increase of 1.53% compared to a population of 7,321 in 2020.
The median age in Lexington city, VA is 22.4, as per 2021 ACS 5-Year Estimates. Of the total population, 5.82% were under the age of 15, 56.62% aged 15 to 29, 23.91% aged 30 to 64, 12.10% aged 65 to 84, and 1.55% were 85 years of age and older.
Racial distribution of Lexington city population: 82.71% are White, 5.52% are Black or African American, 0.29% are American Indian and Alaska Native, 4.01% are Asian, 1.36% are some other race and 6.12% are multiracial.