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Lexington

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

Median Home$184,459
Median Rent$901/month
Population12,895
Leading IndustriesRetail · Construction · Agriculture & Mining31% retail
Home Value Growth⬆⬆+20.3% over 2 years
Family-Friendly30% of residentstop 2% nationally
Homeowners61% of occupied units
NotableAffordable Market$184k median home · lower cost than 68% of the country
Lexington
NE

Frequently Asked Questions

What are today's mortgage rates in Lexington?

As of today, the 30-year fixed mortgage rate for Lexington is approximately 6.959% (7.000% 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 $184k. The median monthly rent is $901. Annual property taxes average $2k. 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 20.3% over the past two years. This indicates a strong appreciation trend. 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 $892/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $38k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Lexington is $74k/year.

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What industries drive the economy in Lexington?

The largest employment sectors in Lexington are retail (31%) and public administration (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.