Lexington, MA
Maps & Population Facts
Population
33,339
Population Density
2,029
Labor Participaton
64.5%
Bachelor's or Higher
81.6%
Median Household Income
$162,083
Median Individual Income
$85,714
Median Individual Income(Full-time Workers Only)
$125,152
Housing Estimates
Median House Value
$816,100
Median Gross Rent
$1,998
Median Mortgage Payment
$3,821
Housing Units
12,230
People who reside in Lexington live in:
Detached - Single Family Homes
76%
Apt, Condo, Other
24%
Analysis
Income
Households in Lexington earn significantly more money than the national median income, averaging 1.69% higher per household.
Housing
Lexington has a median house price of $816,100, which makes it one of the most expensive places in the United States to own property. The cost of renting in Lexington is 97% more than the national average.
| Percent | |
|---|---|
| Renter Occupied Households | 38% |
| New Construction (Built after 2000) | 13% |
Demographics
The median age in Lexington is 45. Lexington has a population that is significantly older than in comparison to the US median age.
Lexington ranks in the highest of the nation for having an educated population with more college graduates per resident than most areas.
Housing Data
Housing Comparison
| Lexington | Massachusetts | USA | |
| Median Property Value | 816,100 | 385,400 | 217,600 |
| Median Mortgage Payment | 3,821 | 2,108 | 1,513 |
| Median Gross Rent | 1,998 | 1,208 | 1,012 |
| Property Vacancy | 3.9% | 10.0% | 12.6% |
| % Renters | 19% | 38% | 36% |
| Residents per Sq. Mi. | 2,029 | 885 | 93 |
Personal Comparison
| Lexington | Massachusetts | USA | |
| Median Household Income | 162,083 | 77,385 | 60,336 |
| Median Individual Income | 85,714 | 41,700 | 33,646 |
| Median Income (Full-Time) | 125,152 | 60,923 | 46,881 |
| Median Age | 45.0 | 39.5 | 38.1 |
| Labor Participation | 64.5% | 67.8% | 62.8% |
| Attained College Degree | 81.6% | 43.4% | 32.0% |
Population Density Analysis
Lexington, MA
2,029
Residents per Sq. Mile
The population density of Lexington is comparable to that of a Suburban Area.
Major City
10,000 Residents +
Mid-Sized City
5,000 Residents +
Small City
2,500 Residents +
Suburban
500 Residents +
Rural
100 Residents +
Remote
1 Residents +