Everything You Should Know Before Moving to Lexington, VA
Considering a move to Lexington, VA? This charming college town of about 7,300 residents offers affordable living, with a median home price around $277,000 and monthly rents averaging $1,020. Enjoy a low violent crime rate (136 per 100k), quick commutes averaging 15 minutes, and excellent educational opportunities at Washington and Lee University and VMI. The area features a mild four-season climate with 58% sunny days and a high percentage of residents holding bachelor’s degrees or higher, making Lexington an inviting place to live, learn, and explore.
Demographics - Lexington, VA
Demographics - Lexington, VA
Lexington is a vibrant college town with a youthful median age of 22.7 and a population of around 7,320. The city is predominantly White (82.8%), with a balanced gender ratio and a modest presence of non-English speakers, reflecting a diverse yet close-knit community.
Population:
7,320
Density:
1,400 per sq mi
Median Age:
22.7
Gender Ratio:
82 males per 100 females
Non-English Speakers Percentage:
5.5%
Ethnic Composition
White:
82.8%
Black:
8.9%
Asian:
2.6%
Others:
5.7%
Cost Of Living
What is the average cost of living in Lexington, VA?
Living in Lexington is affordable, with a median home value of $277,000 and average rent at $1,020 per month. The cost of living index sits below the national average at 92.5, meaning residents enjoy relatively lower housing and everyday expenses.
Median House Value:
$277,000
Gross Rent:
$1,020
Monthly Electricity Charges:
$120
Auto Insurance:
$1,080
House Owner Cost With Mortgage:
$1,340
House Owner Cost Without Mortgage:
$480
State Taxes:
Low:
2%
|
High:
5.75%
Cost Of Living Index:
92.5
Grocery:
95.2
Housing:
85.0
Utilities:
100.8
Transportation:
92.0
Health Care:
98.5
Miscellaneous:
96.0
Crime
Is Lexington, VA a safe place to live?
Lexington boasts a low violent crime rate of 136 incidents per 100,000 residents, offering a strong sense of safety. While property crime occurs more frequently, the overall crime index remains low, making it a secure choice for families and individuals alike.
Violent Crimes Per 100k:
136
Property Crimes Per 100k:
1,275
Crime Index:
1,411
Chance Of Violent Crime:
1 in 735
Chance Of Property Crime:
1 in 78
Weather
What is the weather like in Lexington, VA year-round?
Residents experience all four seasons, with mild winters averaging 25–45°F and warm summers peaking at 87°F. The area receives about 40 inches of rainfall yearly and enjoys sunshine 58% of the time, creating a pleasant climate for outdoor activities.
Winter
Min:
25°F
Max:
45°F
Spring
Min:
42°F
Max:
70°F
Summer
Min:
62°F
Max:
87°F
Fall
Min:
44°F
Max:
71°F
Average Rainfall Inches:
40.3 inches
Sunny Days Percentage:
58%
Neighbors
The typical household earns around $45,200, with a per capita income of $22,100, though about 21% of residents live below the poverty line. Education is a community strength, as over half of adults hold at least a bachelor’s degree, and commutes are short, averaging just over 15 minutes.
Median Income:
$32,000
Household Income:
$45,200
Family Income:
$70,500
Per Capita Income:
$22,100
Income Male:
$37,500
Income Female:
$30,800
Poverty Rate:
21.0%
Non English Speakers:
6.2%
Rent:
$1,020
Unemployment Rate:
3.2%
Public Transport Usage:
2.8%
Commute Time:
15.2 minutes
Education
High School or Higher:
91.7%
Bachelors or More:
53.1%
Education
How are the schools in Lexington, VA?
Lexington offers strong educational opportunities, with well-rated public schools like Waddell Elementary and proximity to prestigious colleges such as Washington and Lee University and Virginia Military Institute. The community values education, reflected in its high percentage of college-educated residents.
Public Schools
Name:
Waddell Elementary School
Street:
100 Pendleton Pl
Phone:
540-463-5353
Students:
330
Student Teacher Ratio:
13.5
Name:
Lylburn Downing Middle School
Street:
302 Diamond St
Phone:
540-463-5340
Students:
205
Student Teacher Ratio:
11.8
Private Schools
Name:
Rockbridge Christian Academy
Street:
21 Snowy Egret Ln
Phone:
540-463-5456
Students:
60
Colleges
Name:
Washington and Lee University
City:
Lexington
State:
VA
Distance:
0 miles
Students:
2,200
Name:
Virginia Military Institute
City:
Lexington
State:
VA
Distance:
0 miles
Students:
1,700
Healthcare
Lexington residents have access to quality care at Carilion Rockbridge Community Hospital and a strong network of local physicians, with 2.3 doctors per 1,000 people. Health insurance coverage is high at 91.2%, supporting the well-being of the community.
Major Hospitals
Name:
Carilion Rockbridge Community Hospital
Address:
1 Health Circle, Lexington, VA 24450
Phone:
(540) 458-3300
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
2.3
Health Insurance Coverage:
91.2%
Health Care Index:
77.0
Housing Market
What is the housing market like in Lexington, VA?
The housing market is accessible, with a median home price of $277,000 and a healthy 3.9% appreciation rate over the past year. Owner-occupied homes make up 43.8% of the market, and rental options are widely available, especially for those seeking affordability.
Median Home Price:
$277,000
Average Rent For 2 Bedroom:
$1,020
Owner Occupied Rate:
43.8%
Rental Vacancy Rate:
8.8%
Home Appreciation Rate (1yr):
3.9%
New Construction Rate:
1.2%
Foreclosure Rate:
0.7%
DMV Information
The Virginia Department of Motor Vehicles serves Lexington at its local office on South Jefferson Street, providing convenient access to licensing and registration services. Residents can find further information and online services through the Virginia DMV website.
State:
Virginia
Department:
Virginia Department of Motor Vehicles
Address:
24 S. Jefferson St., Lexington, VA 24450
Phone:
1-804-497-7100
Website:
Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.