Lexington, North Carolina
2026 Edition · 10 cards · data as of Oct 30, 2026
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Population
Growing. Up 3.7% since 2020.
20,238
people, the 51st-largest of North Carolina's cities and towns.
Census Population Estimates, 2025. Rank among North Carolina's cities and towns computed by the Almanac. Sources: Census Population Estimates
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The workday
9 in 10 jobs here go to people who live somewhere else.
88.8%
of 12,951 jobs located in Lexington are filled by in-commuters.
Census LEHD LODES, 2023. Sources: Census LEHD LODES
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Rent
Median rent is up 57% since the 2005–2009 survey, before inflation.
$893
a month. North Carolina's median is $1,228.
Census ACS 5-year, 2020-2024 (latest), with earlier 5-year windows. Sources: Census ACS 5-year
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The seam
Cross one tract line and median rent doubles.
A $912 gap between neighbors, the sharpest rent edge between adjacent tracts in Davidson County.
- $706 Tract 610
- $1,618 Tract 611.01
Census ACS 5-year, 2020-2024, adjacent tracts compared by the Almanac. Tract estimates carry wide margins of error. Sources: Census ACS 5-year
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Room to build
The median rent sits inside what local wages can carry.
$804–$1,206
is the monthly rent range local workforce wages support.
- $893 median
Supportable rent computed by the Almanac from 2023 source wage data. Median rent: Census ACS 5-year, 2020-2024. Sources: Computed by the Almanac, Census ACS 5-year
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Building
Most of the housing here is older than 2000.
- 740 homes permitted, 2022–2025
- 48% of those were in multifamily buildings
- 82% of all homes were built before 2000
Census Building Permits Survey, 2022–2025; Census ACS 5-year, 2020-2024. Sources: Census Building Permits Survey, Census ACS 5-year
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Units needed
Closing the gap would add 1% to the 8,905 homes here.
49–130
is the estimated number of missing housing units, from the lowest to the highest of three estimates.
Range computed by the Almanac from 2023 jobs and household data, using three demand models: 1% of jobs located here, 1% of renter households, and a rate by town size applied to renters. The low end is the lowest of the three and the high end the highest. It is an estimate, not a count. Sources: Computed by the Almanac
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Home value
A median home costs 38% less than North Carolina's.
$179,900
median home value in Lexington.
- $179,900 Lexington
- $288,900 North Carolina
- $332,700 U.S.
Census ACS 5-year, 2020-2024. Sources: Census ACS 5-year