HomeMinnesotaAnoka CountyLexington city
Lexington city, Minnesota: commercial real estate data.
Lexington city is a Census city of 2,770 people across 0.69 square miles of land, in Anoka County. Median household income is $75,347, 54.9 percent of occupied homes are owned, and the SBA record carries 3 7(a) approvals to borrowers here worth $2.2 m.
76 sourced place values · tier FULL · 8 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Lexington
What Lexington is
- Census place typecity
- Land area0.69 sq mi
- Water area0 sq mi
- Population per square mile of land4,019
- County holding the largest share of its areaAnoka County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lexington
How many people live in Lexington
- Population2,770
- Median age37.2
- Population under 18606
- Share under 1821.9 percent
- Population 65 and over258 plus or minus 77
- Share 65 and over9.3 percent plus or minus 2.8
- Households1,142
- Family households695
- Share of households that are families60.9 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lexington
Income and work in Lexington
- Median household income$75,347
- Per capita income$35,716
- Civilian labor force1,718
- Employed1,637
- Unemployed81 plus or minus 44
- Unemployment rate4.7 percent plus or minus 2.5
- Adults 25 and over1,837
- Adults 25 and over with a high school diploma or higher86.0 percent
- Adults 25 and over with a bachelor degree or higher25.0 percent plus or minus 6.6
- Adults 25 and over with a graduate degree6.7 percent plus or minus 3.6
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lexington
Housing in Lexington
- Housing units1,249
- Occupied units1,142
- Vacant units107 plus or minus 70
- Vacancy rate8.6 percent plus or minus 5.6
- Owner occupied627
- Renter occupied515
- Ownership rate54.9 percent
- Median owner-occupied home value$289,800
- Median gross rent, monthly$1,573
- Annual rent as a share of median income25.1 percent
- Single family units701
- Share single family56.1 percent
- Units in buildings of two or more447 plus or minus 124
- Share in buildings of two or more35.8 percent plus or minus 9.5
- Mobile homes101 plus or minus 52
- Median year structure built1977
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lexington
How Lexington gets to work
- Workers 16 and over who commute1,366
- Commuting under 15 minutes419 plus or minus 102
- Share commuting under 15 minutes30.7 percent
- Commuting 30 minutes or more322 plus or minus 148
- Share commuting 30 minutes or more23.6 percent plus or minus 10.2
- Drove alone75.9 percent
- Carpooled8.5 percent plus or minus 4.3
- Public transport0.1 percent plus or minus 0.1
- Walked2.9 percent plus or minus 2.7
- Worked from home12.5 percent plus or minus 4.7
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lexington
SBA loans in Lexington (7(a))
- Approvals3
- Gross approval$2,155,000
- Average approval$718,333
- Median approval$990,000
- Ninetieth percentile approval$990,000
- Largest approval$990,000
- Jobs supported18
- Jobs per approval6.0
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises0.0 percent
- Distinct lenders2
- Distinct industries by NAICS1
A charge-off rate is not published here. only 0 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Lexington
SBA loans in Lexington (504)
- Approvals5
- Gross approval$1,533,000
- Average approval$306,600
- Median approval$324,000
- Largest approval$413,000
- Jobs supported40
- Loans with a final outcome3
- Charged off0
- Median term240 months
- Distinct CDCs3
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Anoka County, not Lexington
Anoka County context, not Lexington figures
These are Anoka County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Lexington measurements.
- Establishments in Anoka County8,438
- Employment at those establishments, Anoka County123,486
- Covered employment, Anoka County133,130
- Average annual pay, Anoka County$65,235
- Average weekly wage, Anoka County$1,255
- Housing units permitted, Anoka County1,062
- Of those, single family, Anoka County898
- County product, 2024, Anoka County$20,602,517,000
- County product change over the prior year, Anoka County4.5 percent
- Average income of an arriving household, Anoka County$63,023
Every figure in this section is published for Anoka County as a whole and is not a measurement of Lexington. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Lexington questions, answered from the record.
How many people live in Lexington, Minnesota?
2,770, in 1,142 households. Lexington city covers 0.69 square miles of land, which is 4,019 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Lexington in?
Anoka County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Lexington?
$75,347. The median owner-occupied home is valued at $289,800. Median gross rent is $1,573 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Lexington businesses?
3 7(a) approvals totalling $2.2 m, across 2 lenders, median approval $990,000, plus 5 504 approvals worth $1.5 m. These count approvals to borrowers whose address is in Lexington, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Lexington borrowers get paid back?
No rate is published for Lexington. only 0 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Lexington figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Anoka County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Lexington.
Is zoning published for Lexington?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.