Lexington, IN demographics:
population, income, and more

Total population
4,859
4.6% year-over-year change
Median household income
$86,335/yr
17.0% year-over-year change
Housing units
1,990
-4.2% year-over-year change

Lexington population

How many people live in Lexington

Lexington is home to 4,859 residents, according to the most recent Census data. Gender-wise, 50.8% of Lexington locals are male, and 49.2% are female.

Total population
4,859
4.6% year-over-year change
Gender ratio
Male
50.8%
2,469
Female
49.2%
2,390
Value Percent YoY change
Male 2,469 50.8% 3.7%
Female 2,390 49.2% 5.5%
A higher population often means more rental variety and livelier areas. The gender balance—how many men live here compared to women—can reveal a lot about the community and the lifestyles of its residents. Use this info to get a sense of the area's pace and personality.

Age demographics

The median age in Lexington is 39, with the population distributed as follows: about 25.7% are children under 15, then 8.5% are in the 15 to 24 age group. Adults between 25 and 44 make up 23.3% of the population, while another 33.1% fall into the 45 to 64 bracket. Finally, around 9.4% are 65 or older.

Median age
39.4
Age breakdown
Under 15
25.7%
15 to 24
8.5%
25 to 44
23.3%
45 to 64
33.1%
Over 65
9.4%
Value Percent YoY change
Under 15 1,249 25.7% 24.8%
15 to 24 414 8.5% -10.8%
25 to 44 1,132 23.3% 6.5%
45 to 64 1,607 33.1% 8.2%
Over 65 457 9.4% -27.8%
The age composition helps you get insight into who lives in the area. A younger population might mean a more active, fast-paced vibe, while an older one could suggest a quieter, slower lifestyle. If there's a balanced makeup, you’re likely to find a variety of services, housing types, and community spaces that cater to different life stages.

Racial makeup

In Lexington, 99.5% of the population are US-born citizens, while 0.2% have gained naturalized citizenship. At the same time, 0.3% of residents are non-citizens. There’s also a share of 3.5% that includes residents with two or more races.

Citizenship
U.S.-born citizens
99.5%
Non-U.S.-born citizens
0.2%
Non-citizens
0.3%
Value Percent YoY change
U.S.-born citizens 4,835 99.5% 4.3%
Non-U.S.-born citizens 10 0.2% -9.1%
Non-citizens 14 0.3% 1,300.0%
Racial breakdown
White
95.4%
Black or African American
0.1%
American Indian and Alaska Native
0.7%
Asian
0%
Native Hawaiian and other Pacific Islander
0%
Two or more races
3.5%
Other
0.3%
Value Percent
White 4,637 95.4%
Black or African American 5 0.1%
American Indian and Alaska Native 32 0.7%
Two or more races 171 3.5%
Other 14 0.3%

Households in Lexington

A peek inside Lexington households

Lexington has 1,743 households, with an average of 3 members in each. Of these, 66.2% are families, while the remaining 33.8% are made up of individuals living alone or with non-relatives, such as roommates.

Households stats

Total households
1,743
2.3% year-over-year change
Average people per household
3
Non-family households
589
Family households
1,154
Value Percent YoY change
Non-family households 589 33.8% -14.0%
Family households 1,154 66.2% 13.2%
The mix between family and non-family households gives a glimpse into daily life. A higher percentage of families might mean more parks and schools, while more non-family setups can mean flexible housing and diverse living styles. For renters, this can signal what kinds of homes are common and can help you figure out if the area matches your lifestyle.

Housing in Lexington

The housing landscape of Lexington

Lexington's housing consists of 1,990 units, with 80.2% being detached single-family homes ideal for those wanting space. Attached options, including duplexes and townhouses, make up 0.4% and offer a more compact, shared living style. Then there are the multifamily buildings in the area, and for those seeking flexibility, non-traditional options like mobile homes account for 18.7% of the housing landscape.

Housing units
1,990
-4.2% year-over-year change
Housing types
Value Percent
1 unit, detached 1,596 80.2%
1 unit, attached 8 0.4%
Mobile home 372 18.7%
Boat, RV, van, etc. 14 0.7%
Homes built since 2020
49
600.0% year-over-year change

The age of buildings in Lexington

In Lexington, the median construction year is 1981. About 9.6% of homes were built before the 1940s, with another 1.5% going up by 1949. Most development happened in the second half of the 20th century. Then, 13.5% of homes were added from 2000 to 2009, 11.2% between 2010 and 2019, and 2.5% are part of the newest wave of development.

Construction year breakdown by decade
Value Percent YoY change
Built in 1939 or earlier 192 9.6% -10.3%
Built between 1940 and 1949 30 1.5% -76.2%
Built between 1950 and 1959 166 8.3% -14.0%
Built between 1960 and 1969 165 8.3% -21.8%
Built between 1970 and 1979 417 21% 15.8%
Built between 1980 and 1989 199 10% -2.9%
Built between 1990 and 1999 281 14.1% -24.5%
Built between 2000 and 2009 268 13.5% 9.8%
Built between 2010 and 2019 223 11.2% 53.8%
Built in 2020 or later 49 2.5% 600.0%
As a renter, knowing when homes were built helps you understand the potential condition and design of rental units. Newer builds may have more contemporary layouts, while older homes can offer character or larger lots, depending on the area.

Lexington occupancy rates

Out of the 1,743 occupied housing units in Lexington, 93% are owner-occupied, while 7% are lived in by tenants. Meanwhile, 12.4% of all homes on the local market sit vacant.

Occupied housing units
1,743
2.3% year-over-year change
Occupancy breakdown
Renter occupied
122
Owner occupied
1,621
Value Percent YoY
change
Renter occupied 122 7% -29.1%
Owner occupied 1,621 93% 5.8%
Unoccupied housing units
12.4%
Unoccupied housing units refer to homes that are currently without residents—whether they're waiting for renters or owners, used seasonally, or simply unclaimed. A higher share of empty homes may mean more housing availability, while a low number can reflect a tighter market with more competition. This, along with the renter-vs.-owner mix, helps paint a clearer picture of what types of housing and services are likely to be available in the area.

Lexington housing costs

Housing costs in Lexington come to a median of $1,126 per month, while tenants specifically pay a median gross rent of $1,329.

Median housing costs per month
$1,126/month
This figure sums up typical monthly housing costs for all households in the area. If you own, it includes mortgage payments in addition to property taxes, insurance and HOA fees. If you rent, it accounts for rent plus extras like utilities. It’s useful for seeing how local living expenses stack up compared to other places.
Median gross rent in Lexington
$1,329/month
Gross rent gives a more complete look at what renters actually pay, including not just base rent, but also utilities and fees. It’s a key number for evaluating rental affordability in your area of interest and understanding how it compares to nearby locations.

Education in Lexington

Lexington education at a glance

About 48.7% of the population in Lexington went to high school, while 22.6% pursued college studies. Another 16.2% earned an associate degree and 5.9% hold a bachelor’s. Meanwhile, 5.3% went even further, earning a master’s or doctorate.

Education level
Value Percent YoY change
No high school 47 1.3% -21.7%
High school diploma 1,741 48.7% 0.6%
College diploma 807 22.6% 2.0%
Associate degree 579 16.2% 4.9%
Bachelor's degree 211 5.9% 9.9%
Graduate degree 191 5.3% -16.6%
A community’s education mix can offer insights into the local economy and housing market. Higher levels of education often align with more job opportunities and stable incomes, which can increase demand for homes and influence both rent prices and rental availability.

Income in Lexington

How much people earn in Lexington

The average annual household income in Lexington was $94,901 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +9.1% change from the previous year. At the same time, the median income stood at $86,335, reflecting a +17% shift over the same period.

Average household income in Lexington
$94,901/year
9.1% year-over-year change
Median household income in Lexington
$86,335/year
17.0% year-over-year change

Lexington income by age

In Lexington, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $81,806. Those with someone between 45 and 64 in charge, often well established professionally, earn $93,611 overall. Younger households, where the main provider is under 25 and just starting out, report a median income of $106,103, while those led by someone over 65, many of whom may be retired, have about $46,375 in earnings. Overall, 94.8% of the locals in this community live above the poverty line.

Income breakdown by age
Value YoY change
Under 25 $106,103 4.9%
25 - 44 $81,806 N/A
45 - 64 $93,611 25.4%
Over 65 $46,375 -18.7%
Above poverty level
4,293
Below poverty level
234
Value Percent YoY
change
Above poverty level 4,293 94.8% 3.5%
Below poverty level 234 5.2% 88.7%

Employment in Lexington

Workforce and job types in Lexington

65.1% of the working population are employed in professional or administrative positions, while 34.9% are in hands-on or service-based jobs. Also, 4.2% run their own businesses, 69.7% are employed by private companies, and 22.5% work in the public sector.

Workforce demographics

White collar
1,771
Blue collar
950
Value Percent YoY change
White collar 1,771 65.1% 0.7%
Blue collar 950 34.9% 15.4%
Employer type
Self employees
4.2%
Private companies
69.7%
Governmental workers
22.5%
Not for profit companies
3.6%
Value Percent YoY change
Self employees 114 4.2% 6.5%
Private companies 1,897 69.7% 12.2%
Governmental workers 613 22.5% -6.8%
Not for profit companies 97 3.6% -23.0%

Transportation in Lexington

How people get around in Lexington

In Lexington, the average commute time is 25 minutes.

Commute time
25 min
8.7% year-over-year change
Means of transportation
Value Percent YoY change
Car 2,194 100% 8.4%
Understanding how locals get to work can help you plan your own routine. High car usage might mean you’ll need a vehicle, while strong public transit or walkability could save you the hassle. Commute times also play a big role in quality of life—shorter trips can give you more time for the things you enjoy.

What is the median and average household income in Lexington by zipcode?

Zipcode Population Number of households Median income Average income
47138 4,859 1,743 $86,335 $94,907

Explore more communities

FAQs about Lexington demographics 

What is the total population of Lexington?

Lexington has a total population of 4,859 residents, according to the latest release from the U.S. Census Bureau: the 2019-2023 American Community Survey (ACS) 5-year estimates. This figure changed by +4.6% compared to a year ago.

What is the gender ratio in Lexington?

The gender ratio in Lexington is as follows:
  • 50.8% males (2,469 residents)
  • 49.2% females (2,390 residents)

What is the median age in Lexington?

The median age in Lexington is 39.4.

What is the age distribution of the population in Lexington?

The age distribution in Lexington is as follows:
  • Under 15: 25.7% (1,249 residents)
  • Ages 15-24: 8.5% (414 residents)
  • Ages 25-44: 23.3% (1,132 residents)
  • Ages 45-64: 33.1% (1,607 residents)
  • Over 65: 9.4% (457 residents)

What is the racial and ethnic makeup of Lexington?

The racial and ethnic makeup of Lexington is as follows:
  • White: 95.4% (4,637 residents)
  • Black or African American: 0.1% (5 residents)
  • American Indian and Alaska Native: 0.7% (32 residents)
  • Asian: 0% ( residents)
  • Native Hawaiian and Other Pacific Islander: 0% ( residents)
  • Two or More Races: 3.5% (171 residents)
  • Other: 0.3% (14 residents)

What percentage of the population in Lexington are U.S.-born citizens?

U.S.-born citizens represent 99.5% of the population in Lexington.

How many housing units are there in Lexington?

There are 1,990 housing units in Lexington, reflecting a -4.2% change compared to the previous year, according to the latest data from the U.S. Census Bureau.

How many households are in Lexington and what is the average household size?

Lexington has a total of 1,743 households, with an average of 3 people in each.

What is the median household income in Lexington?

Lexington has a median household income of $86,335, representing a +17.0% shift from the previous year, according to the U.S. Census Bureau.

What is the job market overview for Lexington?

Here’s a detailed breakdown of the local job market:

Job types:
  • White-collar workers: 65.1% (1,771 residents)
  • Blue-collar workers: 34.9% (950 residents)

Places of employment:
  • Self-employed: 4.2% (114 residents)
  • Private companies: 69.7% (1,897 residents)
  • Governmental workers: 22.5% (613 residents)
  • Not-for-profit companies: 3.6% (97 residents)

Data source & methodology

The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.

The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.

No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.

Page last updated: September 2025