Lexington is a medium-sized town located in the state of South Carolina. With a population of 24,626 people and 33 associated neighborhoods, Lexington is the 22nd largest community in South Carolina. Much of the housing stock in Lexington was built relatively recently. The construction of new real estate can often be taken as an indication that the local Lexington economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in Lexington, where the median household income is $78,164.00.
Lexington real estate is some of the most expensive in South Carolina, although Lexington house values don't compare to the most expensive real estate in the U.S.
Also of interest is that Lexington has more people living here who work in computers and math than 95% of the places in the US.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 10.40% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Lexington is one of the most well-educated cities in the nation. 45.81% of adults in Lexington have at least a bachelor's degree. Compare that to the average community in America, which has just 21.84% with a bachelor's degree or higher.
The per capita income in Lexington in 2022 was $38,796, which is wealthy relative to South Carolina, and upper middle income relative to the rest of the US. This equates to an annual income of $155,184 for a family of four. However, Lexington contains both very wealthy and poor people as well.
Lexington is a very ethnically-diverse town. The people who call Lexington home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Lexington residents report their race to be White, followed by Black or African-American. Important ancestries of people in Lexington include English, German, Irish, European, and Italian.
The most common language spoken in Lexington is English. Other important languages spoken here include Spanish and Langs. of India.