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Lexington, North Carolina Demographics & Population 2026

High PovertyPoverty rate of 27.8% is well above the state average
Highly DiverseNo single racial/ethnic group makes up a majority of the population

During the 2020–2024 ACS period, Lexington, North Carolina had a total population of 19,690, the 50th largest city in North Carolina, with a median household income of $43,128, which is 40% lower than the state average. The poverty rate is 27.8%.

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

Key Takeaways

Lexington Quick Facts

Population 19,690
Median Household Income $43,128
Median Home Value $179,900
Poverty Rate 27.8%
Unemployment Rate 6.0%
Median Age 36.7 years
Homeownership Rate 41.6%
Affordability Ratio 4.2x
Bachelor's Degree or Higher 12.9%
High School Graduation Rate 79.7%
Diversity Index 70/100
Population 19,690 50th of 772
Median Income $43,128 bottom 30%
Poverty Rate 27.8% 123% higher than national
Median Home Value $179,900 below 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
Population19,69119,690-0.0%
Median household income$41,775$43,128+3.2%
Median home value$158,100$179,900+13.8%

How Lexington Compares

Economy & Housing

Household Income Distribution

Under $25K 23.8%
$25K-$50K 34.5%
$50K-$100K 29.4%
$100K+ 12.2%
Detailed income brackets
Under $10K
4.5%
$10K-$15K
8.9%
$15K-$20K
7.6%
$20K-$25K
2.8%
$25K-$30K
6.6%
$30K-$35K
9.4%
$35K-$40K
6.3%
$40K-$45K
8.4%
$45K-$50K
3.8%
$50K-$60K
8.2%
$60K-$75K
10.4%
$75K-$100K
10.8%
$100K-$125K
5.3%
$125K-$150K
2.4%
$150K-$200K
2.9%
$200K+
1.5%

Employment

6.0% Unemployment Rate State: 4.7%|National: 5.2%
54.9% Labor Force Participation

Housing Overview

Owner 41.6%
Renter 58.4%
Affordability Index Moderate
4.2x home value to income ratio
Median gross rent $893/mo 24.8% of median household income annually

People & Demographics

Diversity Index

70out of 100
Very High Diversity

This community is exceptionally diverse, with no single racial or ethnic group dominating the population.

State average: 58 | National average: 61

Education

Lexington Rankings in North Carolina

#50 Population of 772
#576 Median Income of 716
#590 Education of 772
#444 Home Value of 725

Other Cities in Davidson County

CityPopulationMedian IncomePovertyHome Value
Thomasville 27,321 $60,935 16.3% $179,300
Midway 4,897 $83,446 5.0% $274,100
Tyro 3,833 $58,364 15.7% $191,800
Welcome 3,521 $63,353 9.3% $200,800
Wallburg 3,150 $88,406 2.4% $343,700
Southmont 1,525 $91,307 15.4% $424,100
Denton 1,506 $50,847 14.8% $167,400
Yadkin College 400 $110,219 8.5% $253,300

Cities Similar to Lexington

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Lumberton18,859$42,877$152,60019.2%30.8%
Kinston19,505$36,878$119,30016.4%27.9%
Elizabeth City18,871$52,141$187,70027.2%13.3%
Lenoir18,299$49,910$179,40021.2%14.6%
Shelby22,100$48,376$197,20026.6%17.6%

Population Overview

Lexington is a small city located in North Carolina, within Davidson County. The total population is 19,690. It ranks as the 50th most populous out of 772 Census-designated places in North Carolina.

Age Demographics

The median age in Lexington is 36.7 years. This is 6% lower than the state median of 39.1 years.

Economy, Income & Housing

The median household income in Lexington is $43,128. This is 40% lower than the state median of $72,388. It is also 47% lower than the national median of $80,734. The poverty rate stands at 27.8%. This is 113% higher than the state poverty rate of 13.0%. With more than one in five residents living below the poverty line, economic hardship is a significant challenge for the community. The unemployment rate is 6.0%. This is 28% higher than the state rate of 4.7%. The median home value is $179,900. Housing costs are 38% lower than the state median of $288,900. The home-value-to-income ratio is 4.2x. 41.6% of occupied housing units are owner-occupied. This homeownership rate is 38% lower than the state average of 66.6%.

Race & Ethnicity

Lexington is a highly diverse community where no single racial or ethnic group constitutes a majority of the population. Hispanic or Latino residents account for 24.1%. The Hispanic or Latino population is significantly higher than the state average (24.1% vs 11.3%).

Education

12.9% of residents aged 25 and older hold a bachelor's degree or higher. This is 64% lower than the state rate of 35.6%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 79.7%.

Data Sources & Methodology

All demographic data for Lexington, North Carolina 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 North Carolina state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 772 Census-designated places in North Carolina. 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 North Carolina city and county demographics as CSV. Download Cities CSV | Download Counties CSV

Frequently Asked Questions

What is the population of Lexington, North Carolina?

Lexington, North Carolina has a population of 19,690 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Lexington, NC?

The median household income in Lexington is $43,128, which is 47% lower than the national median of $80,734.

What is the poverty rate in Lexington, NC?

The poverty rate in Lexington is 27.8%. This means approximately 5,265 residents live below the federal poverty line.

What is the racial makeup of Lexington, North Carolina?

Lexington's population is 42.8% White, 23.2% Black, 24.1% Hispanic/Latino, and 3.7% Asian.

What is the median home value in Lexington, NC?

The median home value in Lexington is $179,900. The home-value-to-income ratio is 4.2x.

How educated is Lexington, North Carolina?

12.9% of adults (25+) in Lexington hold a bachelor's degree or higher, and 4.0% hold a graduate or professional degree.