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Lexington

Learn about the people, housing, costs and businesses in Lexington, Washington

Median Home$359,900
Median Rent$1,607/month
Population4,413
Leading IndustriesWholesale Trade · Retail · Transportation12% wholesale trade
Home Value Growth+8.4% over 2 years
Family-Friendly28% of residentswell above average
Homeowners80% of occupied units
NotableHigh Incomes$101k/year · top 16% nationally
NotableVeteran Community9% of residents · top 22% nationally
Lexington
WA

Frequently Asked Questions

What are today's mortgage rates in Lexington?

As of today, the 30-year fixed mortgage rate for Lexington is approximately 6.986% (7.025% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Lexington?

The median home value in Lexington is $360k. The median monthly rent is $1,607. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Lexington?

Home values in Lexington have increased 8.4% over the past two years. This represents moderate growth. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Lexington?

Based on a typical all-in ownership cost of $1,604/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $69k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Lexington is $101k/year.

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What industries drive the economy in Lexington?

The largest employment sectors in Lexington are public administration (23%) and retail (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.