Lexington, Tennessee Unemployment

Lexington, Tennessee has a population of 7,940, with a median household income of $47,166.

Current unemployment data for Lexington.

5.10%

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Population

7,940

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Median Income

$47,166

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Unemployment

5.10%

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Housing Price

$181,600

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Crime Rate

19.50

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Internet Speed

89.30 Mbps

Lexington is a small local community located in Tennessee. The city has a population that is below the average city population in Tennessee, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Lexington is a notable city in Tennessee, offering a mix of population dynamics, economic indicators, and housing trends.

Population Overview

Lexington has a population of 7,940, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Lexington is $47,166, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Lexington is about $181,600, making it relatively affordable compared to many cities in Tennessee.

Employment and Safety

The unemployment rate in Lexington is 5.10%, slightly above the state average, suggesting moderate employment conditions. Crime rates in Lexington are higher than the state average, which may be a factor for residents to consider.

City Comparison

Compared to other cities in Tennessee, Lexington shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

As part of Tennessee, Lexington contributes to the broader economic and social landscape, offering insights into regional development.

Frequently Asked Questions about Lexington

What is the population of Lexington?

The population of Lexington is approximately 7,940.

Is Lexington a good place to live?

Lexington offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Lexington?

The median household income in Lexington is around $47,166.

How expensive is housing in Lexington?

The average housing price in Lexington is approximately $181,600.