HomeNorth CarolinaDavidson CountyLexington
Lexington, North Carolina: commercial real estate data.
Lexington is a Census city of 19,690 people across 19.22 square miles of land, in Davidson County. Median household income is $43,128, 41.6 percent of occupied homes are owned, and the SBA record carries 43 7(a) approvals to borrowers here worth $45.3 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Lexington
What Lexington is
- Census place typecity
- Land area19.22 sq mi
- Water area0 sq mi
- Population per square mile of land1,024
- County holding the largest share of its areaDavidson 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
- Population19,690
- Median age36.7
- Population under 184,931
- Share under 1825.0 percent
- Population 65 and over3,040
- Share 65 and over15.4 percent
- Households7,529
- Family households4,678
- Share of households that are families62.1 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$43,128
- Per capita income$22,661
- Civilian labor force8,337
- Employed7,834
- Unemployed503 plus or minus 213
- Unemployment rate6.0 percent plus or minus 2.5
- Adults 25 and over13,250
- Adults 25 and over with a high school diploma or higher79.7 percent
- Adults 25 and over with a bachelor degree or higher12.9 percent
- Adults 25 and over with a graduate degree3.9 percent plus or minus 1.1
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lexington
Housing in Lexington
- Housing units8,905
- Occupied units7,529
- Vacant units1,376
- Vacancy rate15.5 percent
- Owner occupied3,135
- Renter occupied4,394
- Ownership rate41.6 percent
- Median owner-occupied home value$179,900
- Median gross rent, monthly$893
- Annual rent as a share of median income24.8 percent
- Single family units6,483
- Share single family72.8 percent
- Units in buildings of two or more2,178
- Share in buildings of two or more24.5 percent
- Mobile homes244 plus or minus 147
- Median year structure built1969
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 commute6,958
- Commuting under 15 minutes2,652
- Share commuting under 15 minutes38.1 percent
- Commuting 30 minutes or more2,005
- Share commuting 30 minutes or more28.8 percent
- Drove alone70.4 percent
- Carpooled18.0 percent plus or minus 4.7
- Public transport0.0 percent
- Walked4.2 percent plus or minus 2.0
- Worked from home7.3 percent plus or minus 2.4
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lexington
SBA loans in Lexington (7(a))
- Approvals43
- Gross approval$45,281,900
- Average approval$1,053,067
- Median approval$289,000
- Ninetieth percentile approval$4,191,400
- Largest approval$5,000,000
- Jobs supported479
- Jobs per approval11.1
- Loans with a final outcome7
- Paid in full7
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more32.6 percent
- Share to franchises11.6 percent
- Distinct lenders24
- Distinct industries by NAICS27
Counted by borrower city: approvals to borrowers whose address is in Lexington, in any county, FY2020 to FY2026. Only 7 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
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)
- Approvals8
- Gross approval$8,669,000
- Average approval$1,083,625
- Median approval$752,000
- Largest approval$2,309,000
- Jobs supported49
- Loans with a final outcome1
- Charged off0
- Median term270 months
- Distinct CDCs3
Counted by borrower city: approvals to borrowers whose address is in Lexington, in any county, FY2010 to FY2026. Only 1 loan has reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Lexington
Flood risk in Lexington
- NFIP communityCity of Lexington
- NFIP community number370081
- Participating in the NFIPYes
- Community Rating System classClass 7
- Currently effective map date06/16/09
The City of Lexington participates in the National Flood Insurance Program as community 370081 and carries Community Rating System class 7, a flood insurance premium discount for policies written there.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Davidson County, not Lexington
Davidson County context, not Lexington figures
- Establishments in Davidson County2,994
- Covered employment, Davidson County46,653
- Average annual pay, Davidson County$54,593
- Housing units permitted, Davidson County990
Every figure in this section is published for Davidson County as a whole and is not a measurement of Lexington.
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.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Lexington questions, answered from the record.
How many people live in Lexington, North Carolina?
19,690, in 7,529 households. Lexington city covers 19.22 square miles of land, which is 1,024 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?
Davidson 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?
$43,128. The median owner-occupied home is valued at $179,900. Median gross rent is $893 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?
43 7(a) approvals totaling $45.3 m since FY2020, across 24 lenders, median approval $289,000, plus 8 504 approvals worth $8.7 m since FY2010. 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 7 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Lexington in the National Flood Insurance Program?
Yes. Lexington appears in the FEMA Community Status Book as Lexington, city of, community 370081, carrying Community Rating System class 7, which is a premium discount for exceeding the program minimum. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Lexington figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Davidson 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?
No. Nothing on this page presents parcel level zoning.
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