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Lexington, VA 24450 has a population of approximately 16,715 and experiences a population change rate of 7.76%. The population density is 81.2 / sq mi .
The median household income for Lexington, VA 24450 is $67,423, with 5,689 households and an average household size of 2.4.
The median value of a home in Lexington, VA 24450 is $298,600 with an appreciation rate of 14.60%. 52.43% of housing in the state is owned while 29.81% is rented.
The cost of living in Lexington, VA 24450 is 93.3 %.
The unemployment rate in Lexington, VA 24450 is 3.30%, and recent job growth is at 7.46%. Future job growth is projected at 67.91%.
The sales tax rate in Lexington, VA 24450 is 5.30%, while the income tax rate is 5.75% .
School expenditures in Lexington, VA 24450 are $14,559, and the school ratio is 12.8:1.
The average high temperature in July is 87.6 degrees, with an average low temperature in January of 23 degrees. The average rainfall is approximately 41 inches per year, with 12.1 inches of snow per year.