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Economy, jobs and prices in Lexington, Kentucky: official figures

The median household income in Lexington was $69,479 a year in the 2020-2024 American Community Survey (in 2024 dollars), 276th lowest of 823 US cities of 50,000 or more; the US median was $80,734 and the Kentucky median $63,726.

Median household income
$69,479
2020-2024
Unemployment rate (ACS)
4.9%
2020-2024
Mean travel time to work
20.9 min
2020-2024
Median gross rent (monthly)
$1,164
2020-2024
Median home value (owner-occupied)
$293,500
2020-2024
Homes occupied by their owners
53.8%
2020-2024
Households with a broadband subscription
92.5%
2020-2024

What is the per capita income in Lexington?

Income per resident (per capita income) in Lexington averaged $43,790 a year in 2020-2024, 331st highest of 823 US cities of 50,000 or more (US: $44,673; Kentucky: $35,821).

Source: U.S. Census Bureau · saved copy

How unequal are incomes in Lexington?

Lexington's Gini index of household income inequality was 0.492 in 2020-2024 (0 means equal incomes, 1 maximum inequality), 133rd most unequal of 823 US cities of 50,000 or more; the US figure was 0.483.

Source: U.S. Census Bureau · saved copy

What is the unemployment rate in Lexington, Kentucky?

4.9% of the civilian labor force in Lexington was unemployed on average over 2020-2024 (8,756 people), 332nd lowest of 823 US cities of 50,000 or more; the US rate in the same survey was 5.2% and Kentucky's 4.9%.

Source: U.S. Census Bureau · saved copy

What share of people in Lexington are working?

68.4% of Lexington's 263,874 residents aged 16 and over were in the labor force (working or looking for work) in 2020-2024, 244th highest of 823 US cities of 50,000 or more (US: 63.5%).

Source: U.S. Census Bureau · saved copy

How many people in Lexington have jobs?

171,716 residents of Lexington held civilian jobs, 65.1% of those aged 16 and over (US: 59.7%), and 128 served in the armed forces.

Source: U.S. Census Bureau · saved copy

What are the main industries in Lexington?

The largest industry group for working residents of Lexington was education, health care and social assistance (29.5% of employed residents), followed by professional, scientific, management and administrative services (12.6%) and retail trade (11.2%), 2020-2024.

Source: U.S. Census Bureau · saved copy

How many people in Lexington work in manufacturing?

Manufacturing employed 9.6% of working residents of Lexington, 359th highest of 823 US cities of 50,000 or more (US: 9.9%); professional, scientific and management services employed 12.6% (US: 12.6%).

Source: U.S. Census Bureau · saved copy

How long is the commute in Lexington, Kentucky?

Commuters in Lexington took 20.9 minutes on average to get to work in 2020-2024, 195th shortest of 823 US cities of 50,000 or more (US: 26.4 minutes); 4.2% travelled an hour or more and 31.1% less than 15 minutes.

Source: U.S. Census Bureau · saved copy

How do people in Lexington get to work?

12.2% of workers living in Lexington worked from home in 2020-2024, 327th lowest of 823 US cities of 50,000 or more (US: 15.1%). 73.1% drove to work alone, 8.7% carpooled, 1.5% used public transport and 3.1% walked.

Source: U.S. Census Bureau · saved copy

What is the average rent in Lexington, Kentucky?

The median gross rent (rent plus utilities) in Lexington was $1,164 a month in 2020-2024, 177th lowest of 823 US cities of 50,000 or more (US: $1,413; Kentucky: $967).

Source: U.S. Census Bureau · saved copy

How much does a house cost in Lexington?

Owner-occupied homes in Lexington had a median value of $293,500 in 2020-2024 as estimated by their owners, 260th lowest of 823 US cities of 50,000 or more (US: $332,700; Kentucky: $205,600).

Source: U.S. Census Bureau · saved copy

How affordable are homes in Lexington?

The median home value in Lexington was 4.2 times the median household income, 343rd lowest of 823 US cities of 50,000 or more (US: 4.1 times).

Source: U.S. Census Bureau · saved copy

What share of people in Lexington, Kentucky own their home?

53.8% of the 139,715 occupied homes in Lexington were lived in by their owners in 2020-2024 and 64,594 were rented, 293rd lowest of 823 US cities of 50,000 or more for home ownership (US: 65.2%; Kentucky: 68.3%).

Source: U.S. Census Bureau · saved copy

What share of homes in Lexington have broadband?

92.5% of households in Lexington had a broadband internet subscription of some type in 2020-2024, 406th lowest of 823 US cities of 50,000 or more (US: 91.0%; Kentucky: 88.6%).

Source: U.S. Census Bureau · saved copy

How many households in Lexington have no internet?

3.9% of households in Lexington (5,485) had no internet access at home in 2020-2024, 301st lowest of 823 US cities of 50,000 or more (US: 6.5%); 10.4% relied on a cellular data plan alone (US: 11.5%).

Source: U.S. Census Bureau · saved copy

How Lexington compares with other cities in the United States

Median household income (2024 dollars) (2020-2024)

Lexington ranks 548 of 823, highest first.

RankCityMedian household income (2024 dollars)
545Springdale$69,787
546Newport News$69,634
547Hampton$69,621
548Lexington$69,479
549Clarksville$69,303
550Parma$69,295
551Kansas City$69,166
Source: U.S. Census Bureau · saved copy

Per capita income (2024 dollars) (2020-2024)

Lexington ranks 331 of 823, highest first.

RankCityPer capita income (2024 dollars)
328Billings$43,934
329North Port$43,864
330Cuyahoga Falls$43,797
331Lexington$43,790
332Wylie$43,785
333Columbus$43,783
334Richmond$43,743
Source: U.S. Census Bureau · saved copy

Gini index of household income inequality (2020-2024)

Lexington ranks 133 of 823, highest first.

RankCityGini index of household income inequality
130Asheville0.492
131Montgomery0.492
132Downers Grove0.492
133Lexington0.492
134Charleston0.492
135Palo Alto0.492
136Bowling Green0.492
Source: U.S. Census Bureau · saved copy

Unemployment rate (share of civilian labor force) (2020-2024)

Lexington ranks 492 of 823, highest first.

RankCityUnemployment rate (share of civilian labor force)
489Bowling Green4.9%
490Lacey4.9%
491Summerville4.9%
492Lexington4.9%
493Pico Rivera4.9%
494Longmont4.8%
495Framingham4.8%
Source: U.S. Census Bureau · saved copy

Labor force participation rate (16 and over) (2020-2024)

Lexington ranks 244 of 823, highest first.

RankCityLabor force participation rate (16 and over)
241Weymouth Town68.5%
242Hoover68.5%
243Virginia Beach68.5%
244Lexington68.4%
245Summerville68.4%
246Colorado Springs68.4%
247Moore68.4%
Source: U.S. Census Bureau · saved copy

Mean travel time to work (minutes) (2020-2024)

Lexington ranks 629 of 823, highest first.

RankCityMean travel time to work (minutes)
626Palm Desert21.0
627Temple21.0
628Baton Rouge21.0
629Lexington20.9
630Tempe20.9
631Columbus20.9
632Birmingham20.8
Source: U.S. Census Bureau · saved copy

Workers who worked from home (2020-2024)

Lexington ranks 497 of 823, highest first.

RankCityWorkers who worked from home
494Methuen12.2%
495Iowa City12.2%
496Berwyn12.2%
497Lexington12.2%
498Galveston12.2%
499Kingsport12.1%
500McAllen12.1%
Source: U.S. Census Bureau · saved copy

Workers commuting by public transportation (2020-2024)

Lexington ranks 337 of 823, highest first.

RankCityWorkers commuting by public transportation
334St. Petersburg1.5%
335Pico Rivera1.5%
336Bossier City1.5%
337Lexington1.5%
338Buena Park1.5%
339Santee1.5%
340Draper1.5%
Source: U.S. Census Bureau · saved copy

Employed residents working in manufacturing (2020-2024)

Lexington ranks 359 of 823, highest first.

RankCityEmployed residents working in manufacturing
356Idaho Falls9.6%
357Lodi9.6%
358Asheville9.6%
359Lexington9.6%
360Carrollton9.6%
361Downey9.5%
362Camden9.5%
Source: U.S. Census Bureau · saved copy

Employed residents in education, health care and social assistance (2020-2024)

Lexington ranks 75 of 823, highest first.

RankCityEmployed residents in education, health care and social assistance
72Flagstaff29.6%
73Bryan29.6%
74Abilene29.6%
75Lexington29.5%
76Fort Collins29.4%
77St. Cloud29.4%
78Pearland29.2%
Source: U.S. Census Bureau · saved copy

Median gross rent per month (2020-2024)

Lexington ranks 647 of 823, highest first.

RankCityMedian gross rent per month
644Victoria$1,172
645Huntsville$1,171
646Waco$1,165
647Lexington$1,164
648Westland$1,158
649Abilene$1,157
650Chicopee$1,157
Source: U.S. Census Bureau · saved copy

Median value of owner-occupied homes (2020-2024)

Lexington ranks 564 of 823, highest first.

RankCityMedian value of owner-occupied homes
561Tallahassee$294,400
562Jacksonville$293,700
563Huntsville$293,600
564Lexington$293,500
565Lawrence$292,700
566Sioux Falls$292,400
567West Haven$291,700
Source: U.S. Census Bureau · saved copy

Median home value as a multiple of median household income (2020-2024)

Lexington ranks 478 of 820, highest first.

RankCityMedian home value as a multiple of median household income
475Pensacola4.2x
476Cheyenne4.2x
477Rapid City4.2x
478Lexington4.2x
479Buckeye4.2x
480Round Rock4.2x
481Fargo4.2x
Source: U.S. Census Bureau · saved copy

Occupied homes lived in by their owners (2020-2024)

Lexington ranks 531 of 823, highest first.

RankCityOccupied homes lived in by their owners
528Yakima53.8%
529Lansing53.8%
530Flint53.8%
531Lexington53.8%
532Burlington53.8%
533Danbury53.8%
534New Rochelle53.7%
Source: U.S. Census Bureau · saved copy

Households with a broadband subscription (2020-2024)

Lexington ranks 418 of 823, highest first.

RankCityHouseholds with a broadband subscription
415Miramar92.5%
416Kenosha92.5%
417Coconut Creek92.5%
418Lexington92.5%
419Orem92.5%
420Jersey City92.5%
421St. Petersburg92.4%
Source: U.S. Census Bureau · saved copy

Households with no internet access (2020-2024)

Lexington ranks 523 of 823, highest first.

RankCityHouseholds with no internet access
520Palm Desert3.9%
521Colorado Springs3.9%
522Sunrise3.9%
523Lexington3.9%
524Millcreek3.9%
525Jacksonville3.9%
526Riverside3.9%
Source: U.S. Census Bureau · saved copy

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Sources

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