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Lexington, Minnesota Demographics & Population 2026

During the 2020–2024 ACS period, Lexington, Minnesota had a total population of 2,770, the 220th largest city in Minnesota, with a median household income of $75,347, which is 15% lower than the state average. The poverty rate is 8.6%.

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

Lexington Quick Facts

Population 2,770
Median Household Income $75,347
Median Home Value $289,800
Poverty Rate 8.6%
Unemployment Rate 4.7%
Median Age 37.2 years
Homeownership Rate 54.9%
Affordability Ratio 3.8x
Bachelor's Degree or Higher 25.0%
High School Graduation Rate 86.0%
Diversity Index 54/100
Population 2,770 220th of 914
Median Income $75,347 above average
Poverty Rate 8.6% 31% lower than national
Median Home Value $289,800 top 30%

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
Population2,6162,770+5.9%
Median household income$72,955$75,347+3.3%
Median home value$282,000$289,800+2.8%

How Lexington Compares

Economy & Housing

Household Income Distribution

Under $25K 5.5%
$25K-$50K 21.4%
$50K-$100K 40.3%
$100K+ 32.8%
Detailed income brackets
Under $10K
1.2%
$10K-$15K
0.4%
$15K-$20K
2.3%
$20K-$25K
1.6%
$25K-$30K
5.6%
$30K-$35K
1.7%
$35K-$40K
5.9%
$40K-$45K
1.9%
$45K-$50K
6.4%
$50K-$60K
9.5%
$60K-$75K
13.1%
$75K-$100K
17.7%
$100K-$125K
11.7%
$125K-$150K
9.6%
$150K-$200K
8.4%
$200K+
3.1%

Employment

4.7% Unemployment Rate State: 4.1%|National: 5.2%
78.3% Labor Force Participation

Housing Overview

Owner 54.9%
Renter 45.1%
Affordability Index Affordable
3.8x home value to income ratio
Median gross rent $1,573/mo 25.1% of median household income annually

People & Demographics

Diversity Index

54out of 100
Moderate Diversity

Moderate diversity with one or two groups making up the majority.

State average: 41 | National average: 61

Education

Lexington Rankings in Minnesota

#220 Population of 914
#355 Median Income of 887
#317 Education of 914
#199 Home Value of 870

Other Cities in Anoka County

CityPopulationMedian IncomePovertyHome Value
Coon Rapids 63,468 $88,251 8.2% $305,800
Andover 33,035 $137,593 3.3% $410,200
Fridley 30,241 $77,680 11.9% $302,900
Ramsey 28,421 $116,415 4.1% $359,600
Columbia Heights 22,155 $73,691 16.3% $277,600
Lino Lakes 22,113 $127,181 2.7% $407,200
Anoka 17,970 $75,948 8.3% $308,700
Ham Lake 16,702 $120,135 4.0% $442,500
East Bethel 12,115 $110,000 3.2% $363,900
Oak Grove 9,130 $117,696 1.7% $423,300

Cities Similar to Lexington

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Caledonia2,820$76,477$157,90017.0%8.9%
Cokato2,782$70,288$223,30015.4%14.4%
Albany2,821$69,167$238,50020.5%10.8%
Mountain Iron2,860$83,293$192,80023.3%11.5%
Paynesville2,519$75,250$178,20027.2%5.6%

Population Overview

Lexington is a small community located in Minnesota, within Anoka County. The total population is 2,770. It ranks as the 220th most populous out of 914 Census-designated places in Minnesota.

Age Demographics

The median age in Lexington is 37.2 years. This is 4% lower than the state median of 38.8 years.

Economy, Income & Housing

The median household income in Lexington is $75,347. This is 15% lower than the state median of $89,062. It is also 7% lower than the national median of $80,734. The poverty rate stands at 8.6%. This is 7% lower than the state poverty rate of 9.3%. The unemployment rate is 4.7%. This is 16% higher than the state rate of 4.1%. The median home value is $289,800. Housing costs are 12% lower than the state median of $329,300. The home-value-to-income ratio is 3.8x. 54.9% of occupied housing units are owner-occupied. This homeownership rate is 24% lower than the state average of 72.2%.

Race & Ethnicity

The largest racial or ethnic group in Lexington is White (non-Hispanic), making up 65.0% of the population. Black or African American residents account for 14.6%. The Black or African American population is significantly higher than the state average (14.6% vs 7.0%).

Education

25.0% of residents aged 25 and older hold a bachelor's degree or higher. This is 36% lower than the state rate of 39.4%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 86.0%.

Data Sources & Methodology

All demographic data for Lexington, Minnesota 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 Minnesota state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 914 Census-designated places in Minnesota. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Lexington, Minnesota?

Lexington, Minnesota has a population of 2,770 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Lexington, MN?

The median household income in Lexington is $75,347, which is 7% lower than the national median of $80,734.

What is the poverty rate in Lexington, MN?

The poverty rate in Lexington is 8.6%. This means approximately 239 residents live below the federal poverty line.

What is the racial makeup of Lexington, Minnesota?

Lexington's population is 65.0% White, 14.6% Black, 9.5% Hispanic/Latino, and 5.5% Asian.

What is the median home value in Lexington, MN?

The median home value in Lexington is $289,800. The home-value-to-income ratio is 3.8x.

How educated is Lexington, Minnesota?

25.0% of adults (25+) in Lexington hold a bachelor's degree or higher, and 6.7% hold a graduate or professional degree.