Income & Economy in Lexington, MI

Household income, poverty rates, employment, and economic data — 2023 ACS Data

Income Overview

Source: U.S. Census Bureau ACS (2023)

Median Household Income

$49,091

-33% vs national

Per Capita Income

$39,267

+6% vs national

Poverty Rate

12.6%

-7% vs national

Gini Index

0.4126

0 = perfect equality

Unemployment

1.4%

-74% vs national

SNAP Recipients

11.3%

of households

How Lexington Compares

Source: Census ACS (2023)

Lexington vs Similar Cities

Source: Census ACS (2023)

Compared to cities with under 10,000 residents. Lexington is highlighted.

Median Household Income

Per Capita Income

Poverty Rate

Unemployment Rate

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Where Do You Stack Up?

Enter your household income to see how you compare to other households in Lexington. The median household income here is $49,091.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
24.8%
$25-50K
25.8%
$50-75K
18.3%
$75-100K
11.6%
$100-150K
13.0%
$150-200K
4.8%
$200K+
1.7%

Employment Snapshot

Source: U.S. Census Bureau ACS (2023)

Unemployment Rate

1.4%

-76% vs MI avg

Labor Force

515

Employed

508

Mean Commute

22 min

How People Get to Work

Source: Census ACS (2023)

Employment by Sector

Source: Census ACS (2023)

Education & Workforce

Source: U.S. Census Bureau ACS (2023)

Bachelor's Degree+

24.4%

of adults 25+

High School Diploma+

55.1%

of adults 25+

Median Age

62.6

Work from Home

16.6%

of workers

The median household income in Lexington, MI is $49,091, which is 33.0% below the national average of $73,224. Per capita income is $39,267. The poverty rate of 12.6% is lower than the MI state average of 14.1%. The Gini index of income inequality is 0.4126, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 1.4%, compared to the state average of 5.6%. 24.4% of adults hold a bachelor's degree or higher. The average commute time is 22 minutes, with 16.6% working from home.