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Lexington Virginia Real Estate By Jennifer Hershey

Lexington Virginia Real Estate

Lexington, Virginia, is located in Lexington City County, 31 miles NW of Lynchburg, Virginia and 152 miles SW of Washington, District of Columbia. Lexington has a population of 6,867.

Lexington Homes

Lexington properties pool is 2,232 residential properties including Lexington new homes. Median age of real estate in Lexington is 1954. Average Household size is 2.76 people. 1% are one bedroom homes, 18% are 2 bedroom homes, 44% are 3 bedroom homes, 27% are 4 bedroom homes, and 10% are 5+ bedroom homes.

Lexington Mortgage Statistics

Lexington mortgages vs. USA median statistics

Homes Lexington USA
Homes With No Mortgage 37%
30%
Homes With Mortgage 63%
70%
First Mortgage Only 46%
54%
First & Second Mortgage or HELOC 16%
16%

Lexington Area Real Estate Tax

Lexington Real estate Tax: Median Real Estate Taxes (2000) were $855 comparing to 1999 Median Family income $ 58,529. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).

Lexington School District: Children make up 11% of Lexington population. Lexington has 755 under 18 years old residents, or 0.36 kids per one worker, or 0.34 kids per one household.

Lexington Real Estate & Lexington Homeownership

There are 915.12 or 41% one person households, 736.56 or 33% two person households, and 267.84 or 12% three person households in Lexington, Virginia. Median residents age is 23.3, Senior citizens (65+) make up 1,126 or 16.4%% of Lexington population.

There are 2,069 workers (over 16 years of age) in Lexington. Of these, 65.78% drive to work. Approximately 0% of workers in Lexington take public transportation. An estimated 26.49% walk to work.

Median Lexington homeowner's housing expences are 17.7%

Crime in Lexington (2003), crimes per 10,000 residents per year

Type of Crime Lexington USA, 2003
Violent Crimes
13.11
47.5
Robberies
NaN
14.2
Aggravated Assaults
13.11
29.5
Property Crimes
154.36
358.8
Burglaries
24.76
74.0
Larceny-Thefts
125.24
241.5
Motor Vehicle Thefts
4.37
43.3

Invest in Lexington Properties

When making a decision about buying real estate in Lexington Virginia area, you should consider following statistical data:

Category Lexington USA
Near Medium City
Lynchburg, Virginia
-
Near Large City
Washington, District of Columbia
-
Lexington Zip Codes
24450
-
Lexington Area Codes
540
-
White population
86.01%
75.1%
African-American population
10.38%
12.3%
Asian
1.92%
3.6%
American Indian & Alaskan
0.26%
0.9%
Hispanic (of any race)
1.59%
12.5%
Median Family Income (1999)
$ 58,529%
$42,000
Population Below Poverty Level
14.49%
12.4%

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