Lexington is a moderately-sized city located in the state of South Carolina. The city has a population of 20,315 residents. According to the most recent Census, 78% of Lexington residents are White, 12% Black and 5% Asian. Lexington is known to be family friendly as more than 76% of the population has already tied the knot. It might also be worth noting that 55% of residents also have children under the age of 18.
Are you trying to decide if living in Lexington is the right fit for your lifestyle? To ensure a good experience before relocating to any new city in South Carolina, you will probably want to make sure that you check all of the most important boxes. The best areas in Lexington and in surrounding cities are easier to find when you are able to make informed decisions. Using data from crime, cost of living, education, employment, you will see a detailed breakdown of the most important information as well as comparisons to the South Carolina and national averages.
With a livability score of 77/100, Lexington is ranked #3,270 in the United States and #25 in South Carolina. Based on this score, Lexington would be considered a very livable city! If we dig a little deeper into each category within the livability score, we see that Lexington has higher than average scores for the following: amenities (A+), weather (B) and education (A). There are some categories that Lexington ranks poorly for, including: housing (F). It might be worth taking a closer look to find out why.
Location, location, location - possibly the three most important words in your search for a new place to live. Fortunately, in Lexington, there is no shortage of amazing local amenities and interesting things to do.
Knowing that the Lexington schools rank highly for test scores plays an important factor in deciding if this area is the right place to live. The average school test scores are 65%, which is far higher than the national average.
Being close to public transportation, grocery stores, parks and other conveniences are all important when weighing your options for a new home in Lexington. Before you determine if any of these amenities are available in the area, you will also want to know if the real estate prices in Lexington are affordable. Median real estate prices in Lexington come in at $174,900, which is 21.8% higher than the South Carolina average. The home price to income ratio compares the median home prices to the median household income. In Lexington, the home price to income ratio is 2.8, which is 9.7% lower than the South Carolina average. Real estate appreciation rates in Lexington are important to consider, as they can act as a guide to determine if your new home purchase will be a solid investment going forward. During the last twelve months, the appreciation rate for Lexington homes comes in at 6.9%, and the 5 year appreciation rates were 2.7%.