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Cost of living, pay and housing

45.14° N · 93.17° W · GEOID 2736836

Lexington

Anoka County, Minnesota · part of the Minneapolis, MN metro

Limited data population under 5,000

MinnesotaLexington, MNLexingtonLexington

The short answer

Lexington is home to 2,770 people. Median household income is $75,347 a year and median rent is $1,573 a month, 25.1% of income (a ratio of two medians, not any one household's burden). Rent pressure is moderate. The median home is valued at $289,800, about 3.9x annual median household income.

Median gross rent
$1,573
15% above the median place
Median household income
$75,347
6% below the median place
Median home value
$289,800
9% below the median place
Unemployment
4.7%
4% below the median place

Compared with the median of the 6,645 places we track. The bundle was checked 2026-11-14; each measure may refer to an older release.

What stands out about Lexington

  • The population has grown 36.5% since 2020, faster than in 97% of the 1,634 places under 10,000 people we track. It is the 3rd-highest of 151 Minnesota places.
  • The median rent takes 25.1% of the median household's income, a bigger share than in 83% of places its size. It is the 3rd-highest of 151 Minnesota places.
  • Between the 2019 and 2024 surveys, rent rose 9.5% a year while household income rose 5.7%, so rent outran pay by more than in 82% of places its size.
  • 20% of residents were born outside the US, more than in 85% of places its size.
  • Renters occupy 45% of homes, more than in 83% of places its size.

People are moving in and rent is pulling away from pay. The population grew faster than in 97% of places since 2020, and rent outran income more than in 88% of them.

01

Moving to Lexington

Anoka County gains about 2.2 residents per 1,000 a year to moves between counties.

Moved in19,481
Moved out18,750
Net+731

Where people come from and where they go, top counties

Hennepin County, MN6,8685,394+1,474
Ramsey County, MN3,8802,721+1,159
Wright County, MN383716−333
Isanti County, MN381660−279
Chisago County, MN363473−110

Within Minnesota, other states or abroad

Arrivals
Leavers
Within MinnesotaOther statesAbroad

Income per tax return

Arrivals$61K
Leavers$65K

People on tax returns who moved between counties, from IRS migration data, 2022 to 2023. Figures are for all of Anoka County; flows under 20 returns are not published.

Who moves here
14.4% of residents arrived from another county in the past year, 0.9% from another state.
Who arrives and who leaves
Households moving into Anoka County report $60,700 a year in income on average; those leaving, $64,900, so leavers earn more than newcomers.
Income you would need
$62,900 a year to rent the median home at the 30% line. From your city
Rent or buy
Median rent is $1,573 a month; owners with a mortgage pay $1,864 a month including taxes and insurance, on a median home of $289,800.
Getting to work
21 minutes each way on average; 12.6% work from home.
If it is close but not quite
Duncanville, TX matches it on character. Compare the two
Moved here in the past year1
14.4%
152% above the median place
Moved from another state1
0.9%
53% below the median place
Income of households moving in8
$60,659
14% below the median place
All 5 moving measures
MeasureLexingtonAmong 6,645 placesVs median
Moved here in the past year114.4%152% above
Moved from another state1County figure0.9%53% below
Net movers per 1,000 people8County figure2.2above (median -0.6)
Income of households moving in8County figure$60,65914% below
Income of households moving out8County figure$64,9398% below
02

What it costs to live here

Renters paying 30%+ is 40.0%, 21% below the median place.

Lexington25.1%
Typical place20.4%

Share of the median household income that goes to the median rent. Above 30% is the usual stress line.

Income needed to rent
$62,920
a year, at the 30% line
Rent to income
25.1%
23% above the median place
Home price to income
3.9x
1% above the median place

Could you afford it?

The median rent would take
25%
just under the 30% line
Left after rent, in US prices
$54,300
a year
Vs the typical household here
Same
as the median household

Uses the median rent in Lexington, $1,573 a month, and local prices for everything else (103.4 against a US average of 100). It runs in your browser and stores nothing.

Like Lexington, but easier on the budget

Close matches on income, rent, home value, education and age, where rent takes a clearly smaller share of income.

PlaceRent to incomeMore left a year
Ketchikan, AK19.9% vs 25.1%n/aCompare
Shillington, PA20.8% vs 25.1%$9,000Compare
Ashland City, TN20.2% vs 25.1%$12,200Compare

Moving from somewhere else? Work out the salary you would need in Lexington.

Sponsored · exampleMoving to Lexington? Compare quotes from licensed movers. No partner is signed yet. Sponsored offers are always labelled and never change the data.
Renters paying 30%+1
40.0%
21% below the median place
Homeownership1
54.9%
17% below the median place
Property tax rate1
1.2%
27% above the median place
All 16 cost and housing measures
MeasureLexingtonAmong 6,645 placesVs median
Median gross rent1$1,57315% above
Rent to income125.1%23% above
Property tax rate11.2%27% above
Home price to income13.9x1% above
Prices vs US average2Metro figure104.84% above
Fair market rent, 2 bedrooms3County figure$1,7347% above
HUD area median income4County figure$131,50023% above
Property tax paid (median)1$3,3583% above
Median home value1$289,8009% below
Home prices, 1-year change5County figure2.4%24% below
Home prices, 5-year change5County figure36.0%30% below
Homeownership154.9%17% below
Renters paying 30%+140.0%21% below
Owner costs with a mortgage1$1,8640% below
Vacant homes18.6%21% above
Median year built119770% below
03

Work and pay

Mean commute is 21 min, 14% below the median place.

Mean commute1
21 min
14% below the median place
Income per person1
$35,716
11% below the median place
Poverty rate1
8.6%
20% below the median place

More on work and pay, against the typical place

Median household income$75,347 −6%
Unemployment4.7% −4%
Works from home12.6% +1%
All 10 work and pay measures
MeasureLexingtonAmong 6,645 placesVs median
Median household income1$75,3476% below
Income per person1$35,71611% below
Unemployment14.7%4% below
Average annual pay6County figure$67,8423% above
Pay growth, 1 year6County figure4.0%8% above
Jobs6County figure133,12812% below
Poverty rate18.6%20% below
Mean commute121 min14% below
Works from home112.6%1% above
Commutes by transit1County figure0.9%11% above
04

Who lives here

Population change since 2020 is 36.5%, above the median place (median 1.1%).

Population change since 20207
36.5%
above the median place (median 1.1%)
No health insurance1
13.6%
112% above the median place
Born abroad1
20.4%
131% above the median place

More about who lives here, against the typical place

High school or higher86.0% −7%
Bachelor's or higher25.0% −22%
Median age37.2 −5%
Household size2.4 −3%
Homes with broadband92.6% +0%
All 9 people measures
MeasureLexingtonAmong 6,645 placesVs median
Population12,7706646th largest
Population change since 2020736.5%above (median 1.1%)
Median age137.25% below
Bachelor's or higher125.0%22% below
High school or higher186.0%7% below
Household size12.43% below
Born abroad120.4%131% above
No health insurance113.6%112% above
Homes with broadband192.6%0% above
05

Life in Lexington

18 sites are on the National Register of Historic Places.

Out the door, against the typical place

Parks per 10k residents7.2 −29%
Playgrounds per 10k7.2 −23%
Grocery stores per 10k3.6 +70%
Restaurants, cafes and bars per 10k32.5 2.9×
Libraries per 10k0.0 −100%
Named paths and bike trails0 km −100%
Bus and rail stops per sq mi16.0 76.0×

Mapped by volunteers in OpenStreetMap inside the city limits (Census boundaries), so coverage is fuller in some places than others. Map data © OpenStreetMap contributors, ODbL.

Businesses per 10,000 residents (county figures)

Restaurants and bars14.2 −32%
Shops25.4 −16%
Arts, recreation and fitness3.5 −15%
Doctors' offices and clinics15.0 −26%
Child care centers2.3 +0%

Counts businesses with paid staff, so small owner-run shops are not included.

Restaurants and bars per 10k9
14.2
32% below the median place
Public schools12
136
above the median place (median 9)
Public school students12
59,264
above the median place (median 4,897)
All 16 schools and local life measures
MeasureLexingtonAmong 6,645 placesVs median
Public schools12County figure136above (median 9)
Public school students12County figure59,264above (median 4,897)
Students per teacher12County figure15.93% above
Restaurants and bars per 10k9County figure14.232% below
Shops per 10k9County figure25.416% below
Arts, recreation and fitness per 10k9County figure3.515% below
Doctors' offices and clinics per 10k9County figure15.026% below
Child care centers per 10k9County figure2.30% above
Parks per 10k107.229% below
Playgrounds per 10k107.223% below
Grocery stores per 10k103.670% above
Restaurants, cafes and bars per 10k1032.5191% above
Libraries per 10k100.0below (median 0.9)
Named paths and bike trails100.0below (median 2.0)
Transit stops per sq mi1016.0above (median 0.2)
National Register listings11County figure1838% above
06

Safety, weather and risk

January average low is 5°F, 79% below the median place.

No crime figure yet. Either the city police department did not report to the FBI for the latest year, or our monthly fetch has not reached Lexington. Larger places are fetched first.

January average low13
5°F
79% below the median place
Average temperature13
45°F
19% below the median place
July average high13
82°F
6% below the median place
All 10 weather and risk measures
MeasureLexingtonAmong 6,645 placesVs median
July average high13County figure82°F6% below
January average low13County figure5°F79% below
Average temperature13County figure45°F19% below
Annual precipitation13County figure32.0 in27% below
Natural hazard risk14County figure88.05% below
Tornado risk14County figure87.37% above
Wildfire risk14County figure81.733% above
Heat wave risk14County figure86.14% below
Median air quality index15County figure3812% below
Good air days15County figure74.1%8% above
08

Lexington in 2030: where the trends point

If recent trends hold, the median rent will take about 26% of the median income in 2030, up from 25% now.

Citytistics projections to 2030: each figure's own trend, blended with the typical trend across the places we rate, eased toward long-run US growth and carried forward from the latest release. The range is where 80% of places landed when we tested the same method on past releases.

MeasureLatest2030 projectionLikely rangeAvg. per year
Median rent$1,573/mo (2024)$2,060/mo$1,690 to $2,520/mo+4.6%
Median household income$75,347 (2024)$95,500$81,000 to $113,000+4.0%
Median home value$289,800 (2024)$424,000$308,000 to $584,000+6.5%
Population3,081 (2025)3,6403,490 to 3,790+3.4%

The median home would be worth 4.4 years of the median income in 2030, against 3.8 now.

A projection of recent trends, not a prediction of the economy or advice to buy or sell. How we project.

09

Places like Lexington

The closest matches on income, rent, home value, education and age, and the places nearby.

PlaceRentIncome
Duncanville, TX$1,630$76,457Compare
Thousand Palms, CA$1,495$77,000Compare
Meadowbrook, VA$1,583$86,054Compare
Austell, GA$1,494$72,938Compare
Austell, GAMeadowbrook, VAThousand Palms, CADuncanville, TXLexington, MNLexingtonDuncanvilleThousand PalmsMeadowbrookAustellLexingtonDuncanvilleThousand PalmsMeadowbrookAustell

Common questions

Is Lexington a good place to live?

It depends on what you need, so here is what the numbers say. The population has grown 36.5% since 2020, faster than in 97% of the 1,634 places under 10,000 people we track. It is the 3rd-highest of 151 Minnesota places. The median rent takes 25.1% of the median household's income, a bigger share than in 83% of places its size. It is the 3rd-highest of 151 Minnesota places. On cost, space and class size it scores 27 out of 100 for families. See how it ranks with your own weights.

Is Lexington expensive to live in?

The median rent takes 25.1% of the median household income, against 20.4% in the typical place we track. Housing is a heavier load here than usual. The median home is valued at $289,800.

What salary do you need to live in Lexington?

To rent the median home without spending more than 30% of income on rent, a household needs about $62,920 a year. Work it out from your current city.

What places are similar to Lexington?

On income, rent, home value, education and age, the closest matches are Duncanville, TX, Thousand Palms, CA, Meadowbrook, VA and Austell, GA.

Sources and methods

The small numbers beside each measure point here. Every dataset is public; links go to the publisher.

  1. American Community Survey 5-year estimates · US Census Bureau · 2020 to 2024 estimatesTables B01002, B01003, B05002, B07003, B08013, B08301, B15003, B17001, B19013, B19301, B23025, B25002, B25003, B25010, B25035, B25064, B25070, B25077, B25088, B25103, B28002, S2701
  2. Regional Price Parities · US Bureau of Economic Analysis · Latest release, retrieved 2026-11-14
  3. Fair Market Rents · US Department of Housing and Urban Development · Fiscal year 2027
  4. Income Limits · US Department of Housing and Urban Development · Fiscal year 2026
  5. House Price Index · Federal Housing Finance Agency · Latest release, retrieved 2026-11-14
  6. Quarterly Census of Employment and Wages · US Bureau of Labor Statistics · 2025 annual averages
  7. Population Estimates · US Census Bureau · Vintage 2025
  8. SOI Tax Stats, county-to-county migration · Internal Revenue Service · Tax years 2022 to 2023Counts tax returns and the people on them; flows under 20 returns are suppressed.
  9. County Business Patterns · US Census Bureau · 2023 data
  10. OpenStreetMap · © OpenStreetMap contributors, available under the Open Database License (ODbL) · Map data as of 2026-11
  11. National Register of Historic Places · National Park Service · Listings through 2026-05-22
  12. Common Core of Data · National Center for Education Statistics · 2024 release
  13. 1991-2020 climate normals · NOAA National Centers for Environmental Information · Series updated 2026-11-05Averages for 1991 to 2020 computed from NOAA's county climate series (nClimDiv).nClimDiv county series
  14. National Risk Index · Federal Emergency Management Agency · Latest release, retrieved 2026-11-14NRI data and maps
  15. Air Quality System, annual AQI by county · US Environmental Protection Agency · 2025 dataAirData download files

Derived by Citytistics from the tables above: rent to income (B25064, B19013); property tax rate (B25103, B25077); home price to income (B25077, B19013).

What stands out compares Lexington with places of a similar size, using only figures measured for Lexington itself; county and metro figures never count. Survey figures are estimates with margins of error. Formulas and definitions: methodology. API: /api/v1/places/lexington-minnesota

Citytistics. “Lexington, Minnesota.” Data as of 2026-11-14. https://www.citytistics.com/city/lexington-minnesota/

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.