Lexington, MO Profile: Facts & Data

The City of Lexington had a population of 4,692 as of July 1, 2024. Lexington ranks in the upper quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Missouri. See peer rankings below.

The primary coordinate point for Lexington is located at latitude 39.1847 and longitude -93.8799 in Lafayette County. The formal boundaries for the City of Lexington encompass a land area of 5.23 sq. miles and a water area of 0.23 sq. miles. Lafayette County is in the Central time zone (GMT -6).

The City of Lexington has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Lexington, MO Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	4,692 (100%)
Population in Households	4,447 (94.8%)
Population in Families	3,458 (73.7%)
Population in Group Quarters¹	245 ( 5.2%)
Population Density	897
Diversity Index²	36


INCOME
Median Household Income	$81,663
Average Household Income	$90,935
% of Income for Mortgage⁴	13%
Per Capita Income	$35,746
Wealth Index⁵	69
Socioeconomic Status Index⁶	Moderate (51.9)

HOUSING
Total HU (Housing Units)	2,065 (100%)
Owner Occupied HU	1,171 (56.7%)
Renter Occupied HU	669 (32.4%)
Vacant Housing Units	225 (10.9%)
Median Home Value	$172,953
Average Home Value	$198,100
Housing Affordability Index³	188

HOUSEHOLDS
Total Households	1,840
Average Household Size	2.42
Family Households	1,134
Average Family Size	3.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

Lexington, MO - Peer Comparisons by Rank and Percentile

The table below compares Lexington to the other 1,082 incorporated cities, towns and CDPs in Missouri by rank and percentile using July 1, 2024 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

GROWTH RATE / YEAR	2020-2024	2024-2029
Population	0.20%	0.03%
Households	0.00%	-0.08%
Families		-0.07%
Median Household Income		2.99%
Per Capita Income		2.65%
Owner Occupied HU		0.12%

Variable Description	Rank	Percentile
Total Population	# 153	86th
Population Density	# 384	65th
Median Household Income	# 208	81st
Housing Affordability Index	# 958	89th
Per Capita Income	# 366	66th
Diversity Index	# 188	83rd

Lexington, MO Profile: Facts & Data

Lexington, Missouri - Basic Facts

Lexington, MO Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Lexington, MO - Peer Comparisons by Rank and Percentile

Lexington, MO - Most Popular Things to Do

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