Skip to main content

Lexington, Massachusetts Demographics & Population 2026

3rd Highest Income3rd highest median income in Massachusetts
Highly Educated3rd highest bachelor's degree rate in Massachusetts

During the 2020–2024 ACS period, Lexington, Massachusetts had a total population of 34,295, the 44th largest community in Massachusetts, with a median household income of $238,444, which is 129% higher than the state average. The poverty rate is 4.7%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Lexington Quick Facts

Population 34,295
Median Household Income $238,444
Median Home Value $1,203,100
Poverty Rate 4.7%
Unemployment Rate 2.9%
Median Age 47.3 years
Homeownership Rate 80.5%
Affordability Ratio 5.0x
Bachelor's Degree or Higher 84.3%
High School Graduation Rate 96.9%
Diversity Index 58/100
Population 34,295 44th of 248
Median Income $238,444 top 10%
Poverty Rate 4.7% 63% lower than national
Median Home Value $1,203,100 top 10%

How Lexington Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population34,08534,295+0.6%
Median household income$219,402$238,444+8.7%
Median home value$1,147,900$1,203,100+4.8%

How Lexington Compares

Economy & Housing

Household Income Distribution

Under $25K 7.5%
$25K-$50K 5.5%
$50K-$100K 8.2%
$100K+ 78.9%
Detailed income brackets
Under $10K
3.3%
$10K-$15K
1.8%
$15K-$20K
0.9%
$20K-$25K
1.6%
$25K-$30K
1.7%
$30K-$35K
0.9%
$35K-$40K
0.5%
$40K-$45K
0.8%
$45K-$50K
1.6%
$50K-$60K
1.3%
$60K-$75K
2.4%
$75K-$100K
4.5%
$100K-$125K
5.1%
$125K-$150K
5.5%
$150K-$200K
12.0%
$200K+
56.3%

Employment

2.9% Unemployment Rate State: 5.1%|National: 5.2%
63.9% Labor Force Participation

Housing Overview

Owner 80.5%
Renter 19.5%
Affordability Index Expensive
5.0x home value to income ratio
Median gross rent $2,891/mo 14.5% of median household income annually

People & Demographics

Diversity Index

58out of 100
High Diversity

A diverse community with significant representation from multiple racial and ethnic groups.

State average: 53 | National average: 61

Education

Lexington Rankings in Massachusetts

#44 Population of 248
#4 Median Income of 241
#3 Education of 248
#13 Home Value of 242

Other Cities in Middlesex County

CityPopulationMedian IncomePovertyHome Value
Cambridge 118,796 $130,748 12.8% $1,092,100
Lowell 118,368 $78,658 16.9% $429,200
Newton 89,044 $190,304 4.5% $1,264,900
Somerville 81,036 $132,572 9.8% $911,300
Framingham 72,399 $107,419 10.4% $627,300
Malden 65,906 $100,606 11.4% $633,500
Waltham 64,902 $120,216 9.4% $748,700
Medford 59,354 $129,540 7.6% $755,500
Everett 50,045 $85,218 14.7% $610,000
Arlington 46,350 $150,701 5.4% $933,800

Cities Similar to Lexington

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Needham32,459$214,308$1,188,50081.9%3.7%
Wellesley30,347$250,000+$1,582,70089.0%4.0%
Franklin Town33,154$145,773$611,70058.1%5.9%
Milton28,587$188,529$933,20072.0%4.7%
Watertown35,543$126,265$784,60066.5%7.5%

Population Overview

Lexington is a mid-sized community located in Massachusetts, within Middlesex County. The total population is 34,295. It ranks as the 44th most populous out of 248 Census-designated places in Massachusetts.

Age Demographics

The median age in Lexington is 47.3 years. This is 18% higher than the state median of 40.0 years.

Economy, Income & Housing

The median household income in Lexington is $238,444. This is 129% higher than the state median of $103,960. It is also 195% higher than the national median of $80,734. The poverty rate stands at 4.7%. This is 54% lower than the state poverty rate of 10.0%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 2.9%. This is 43% lower than the state rate of 5.1%. The median home value is $1,203,100. Housing costs are 114% higher than the state median of $562,100. The home-value-to-income ratio is 5.0x. 80.5% of occupied housing units are owner-occupied. This homeownership rate is 29% higher than the state average of 62.5%.

Race & Ethnicity

The largest racial or ethnic group in Lexington is White (non-Hispanic), making up 55.2% of the population. Asian residents account for 33.8%. The Black or African American population (1.7%) is well below the state average of 6.4%. The Hispanic or Latino population (3.5%) is well below the state average of 13.3%. The Asian population is significantly higher than the state average (33.8% vs 7.2%).

Education

84.3% of residents aged 25 and older hold a bachelor's degree or higher. This places Lexington in the top 10% of all cities in the state for educational attainment. This is 78% higher than the state rate of 47.3%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 96.9%. Notably, 58.6% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Lexington, Massachusetts is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Massachusetts state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 248 Census-designated places in Massachusetts. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

Free data download: Get all Massachusetts city and county demographics as CSV. Download Cities CSV | Download Counties CSV

Frequently Asked Questions

What is the population of Lexington, Massachusetts?

Lexington, Massachusetts has a population of 34,295 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Lexington, MA?

The median household income in Lexington is $238,444, which is 195% higher than the national median of $80,734.

What is the poverty rate in Lexington, MA?

The poverty rate in Lexington is 4.7%. This means approximately 1,582 residents live below the federal poverty line.

What is the racial makeup of Lexington, Massachusetts?

Lexington's population is 55.2% White, 1.7% Black, 3.5% Hispanic/Latino, and 33.8% Asian.

What is the median home value in Lexington, MA?

The median home value in Lexington is $1,203,100. The home-value-to-income ratio is 5.0x.

How educated is Lexington, Massachusetts?

84.3% of adults (25+) in Lexington hold a bachelor's degree or higher, and 58.6% hold a graduate or professional degree.