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Lexington, Nebraska Demographics & Population 2026

Very AffordableHome value to income ratio of 2.4x is exceptionally low

During the 2020–2024 ACS period, Lexington, Nebraska had a total population of 10,862, the 16th largest city in Nebraska, with a median household income of $67,666, which is 12% lower than the state average. The poverty rate is 13.8%.

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

Key Takeaways

Lexington Quick Facts

Population 10,862
Median Household Income $67,666
Median Home Value $159,100
Poverty Rate 13.8%
Unemployment Rate 2.1%
Median Age 31.3 years
Homeownership Rate 57.4%
Affordability Ratio 2.4x
Bachelor's Degree or Higher 13.1%
High School Graduation Rate 60.7%
Diversity Index 54/100
Population 10,862 16th of 583
Median Income $67,666 average
Poverty Rate 13.8% 11% higher than national
Median Home Value $159,100 above average

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
Population10,69310,862+1.6%
Median household income$62,364$67,666+8.5%
Median home value$155,200$159,100+2.5%

How Lexington Compares

Economy & Housing

Household Income Distribution

Under $25K 15.5%
$25K-$50K 14.4%
$50K-$100K 44.7%
$100K+ 25.4%
Detailed income brackets
Under $10K
5.6%
$10K-$15K
1.2%
$15K-$20K
1.6%
$20K-$25K
7.2%
$25K-$30K
2.3%
$30K-$35K
1.2%
$35K-$40K
3.3%
$40K-$45K
3.9%
$45K-$50K
3.8%
$50K-$60K
10.5%
$60K-$75K
17.0%
$75K-$100K
17.1%
$100K-$125K
11.5%
$125K-$150K
5.9%
$150K-$200K
3.8%
$200K+
4.3%

Employment

2.1% Unemployment Rate State: 3.0%|National: 5.2%
71.2% Labor Force Participation

Housing Overview

Owner 57.4%
Renter 42.6%
Affordability Index Very Affordable
2.4x home value to income ratio
Median gross rent $966/mo 17.1% 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 Nebraska

#16 Population of 583
#231 Median Income of 519
#417 Education of 583
#158 Home Value of 510

Other Cities in Dawson County

CityPopulationMedian IncomePovertyHome Value
Cozad 3,937 $54,471 10.9% $121,600
Gothenburg 3,452 $79,219 10.1% $191,000
Overton 689 $55,000 11.6% $105,100
Sumner 353 $70,000 2.0% $95,800
Farnam 257 $45,417 32.4% $62,800
Eddyville 125 $95,461 1.6% $102,500

Cities Similar to Lexington

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Chalco10,595$85,672$238,60037.0%4.8%
Beatrice12,225$57,264$159,30021.3%17.4%
South Sioux City13,907$68,223$174,70015.5%12.2%
Gering8,550$75,093$186,50032.6%12.4%
Alliance8,075$65,160$161,80018.1%12.8%

Population Overview

Lexington is a small city located in Nebraska, within Dawson County. The total population is 10,862. It ranks as the 16th most populous out of 583 Census-designated places in Nebraska.

Age Demographics

The median age in Lexington is 31.3 years. This is 16% lower than the state median of 37.2 years. With 34.6% of the population under 18, Lexington has a notably young demographic profile, suggesting a family-oriented community.

Economy, Income & Housing

The median household income in Lexington is $67,666. This is 12% lower than the state median of $76,475. It is also 16% lower than the national median of $80,734. The poverty rate stands at 13.8%. This is 30% higher than the state poverty rate of 10.6%. The unemployment rate is 2.1%. This is 30% lower than the state rate of 3.0%. The median home value is $159,100. Housing costs are 33% lower than the state median of $238,600. With a home-value-to-income ratio of just 2.4x, Lexington is one of the most affordable housing markets in the area. 57.4% of occupied housing units are owner-occupied. This homeownership rate is 14% lower than the state average of 66.5%.

Race & Ethnicity

The largest racial or ethnic group in Lexington is Hispanic or Latino, making up 64.0% of the population. White (non-Hispanic) residents account for 18.7%. The White (non-Hispanic) population (18.7%) is well below the state average of 75.3%. The Black or African American population is significantly higher than the state average (13.8% vs 4.6%). The Hispanic or Latino population is significantly higher than the state average (64.0% vs 12.7%). The Asian population (1.2%) is well below the state average of 2.6%.

Education

13.1% of residents aged 25 and older hold a bachelor's degree or higher. This is 62% lower than the state rate of 34.6%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 60.7%.

Data Sources & Methodology

All demographic data for Lexington, Nebraska 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 Nebraska state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 583 Census-designated places in Nebraska. 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 Nebraska city and county demographics as CSV. Download Cities CSV | Download Counties CSV

Frequently Asked Questions

What is the population of Lexington, Nebraska?

Lexington, Nebraska has a population of 10,862 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Lexington, NE?

The median household income in Lexington is $67,666, which is 16% lower than the national median of $80,734.

What is the poverty rate in Lexington, NE?

The poverty rate in Lexington is 13.8%. This means approximately 1,488 residents live below the federal poverty line.

What is the racial makeup of Lexington, Nebraska?

Lexington's population is 18.7% White, 13.8% Black, 64.0% Hispanic/Latino, and 1.2% Asian.

What is the median home value in Lexington, NE?

The median home value in Lexington is $159,100. The home-value-to-income ratio is 2.4x.

How educated is Lexington, Nebraska?

13.1% of adults (25+) in Lexington hold a bachelor's degree or higher, and 2.3% hold a graduate or professional degree.