HomeSouth CarolinaLexington CountyLexington town
Lexington town, South Carolina: commercial real estate data.
Lexington town is a Census town of 24,585 people across 11.97 square miles of land, in Lexington County. Median household income is $87,126, 68.7 percent of occupied homes are owned, and the SBA record carries 105 7(a) approvals to borrowers here worth $67.9 m.
77 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 typetown
- Land area11.97 sq mi
- Water area0.15 sq mi
- Population per square mile of land2,054
- County holding the largest share of its areaLexington 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
- Population24,585
- Median age39.0
- Population under 185,932
- Share under 1824.1 percent
- Population 65 and over4,011
- Share 65 and over16.3 percent
- Households9,778
- Family households6,728
- Share of households that are families68.8 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$87,126
- Per capita income$43,606
- Civilian labor force12,295
- Employed11,655
- Unemployed640 plus or minus 265
- Unemployment rate5.2 percent plus or minus 2.1
- Adults 25 and over17,206
- Adults 25 and over with a high school diploma or higher95.1 percent
- Adults 25 and over with a bachelor degree or higher50.7 percent
- Adults 25 and over with a graduate degree18.0 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lexington
Housing in Lexington
- Housing units10,348
- Occupied units9,778
- Vacant units570 plus or minus 213
- Vacancy rate5.5 percent plus or minus 2.0
- Owner occupied6,721
- Renter occupied3,057
- Ownership rate68.7 percent
- Median owner-occupied home value$297,700
- Median gross rent, monthly$1,545
- Annual rent as a share of median income21.3 percent
- Single family units7,314
- Share single family70.7 percent
- Units in buildings of two or more2,734
- Share in buildings of two or more26.4 percent
- Mobile homes300 plus or minus 176
- Median year structure built2002
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 commute9,930
- Commuting under 15 minutes2,059
- Share commuting under 15 minutes20.7 percent
- Commuting 30 minutes or more3,355
- Share commuting 30 minutes or more33.8 percent
- Drove alone76.1 percent
- Carpooled6.4 percent plus or minus 2.2
- Public transport0.0 percent
- Walked2.5 percent plus or minus 1.4
- Worked from home14.2 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lexington
SBA loans in Lexington (7(a))
- Approvals105
- Gross approval$67,877,100
- Average approval$646,449
- Median approval$244,000
- Ninetieth percentile approval$1,720,000
- Largest approval$5,000,000
- Jobs supported1,123
- Jobs per approval10.7
- Loans with a final outcome12
- Paid in full12
- Charged off0
- Charge-off rate over resolved loans0.0 percent
- Median term120 months
- Share on real estate terms of 20 years or more15.2 percent
- Share to franchises26.7 percent
- Distinct lenders39
- Distinct industries by NAICS66
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)
- Approvals23
- Gross approval$15,672,000
- Average approval$681,391
- Median approval$402,000
- Largest approval$2,578,000
- Jobs supported218
- Loans with a final outcome8
- Charged off0
- Median term240 months
- Distinct CDCs6
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Lexington County, not Lexington
Lexington County context, not Lexington figures
These are Lexington 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 Lexington County7,391
- Employment at those establishments, Lexington County117,298
- Covered employment, Lexington County132,596
- Average annual pay, Lexington County$56,005
- Average weekly wage, Lexington County$1,077
- Housing units permitted, Lexington County1,758
- Of those, single family, Lexington County1,756
- County product, 2024, Lexington County$19,752,180,000
- County product change over the prior year, Lexington County7.2 percent
- Average income of an arriving household, Lexington County$65,254
Every figure in this section is published for Lexington 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, South Carolina?
24,585, in 9,778 households. Lexington town covers 11.97 square miles of land, which is 2,054 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?
Lexington 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?
$87,126. The median owner-occupied home is valued at $297,700. Median gross rent is $1,545 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?
105 7(a) approvals totalling $67.9 m, across 39 lenders, median approval $244,000, plus 23 504 approvals worth $15.7 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?
Of the 12 loans that have reached a final outcome, 12 were paid in full and 0 charged off, a charge off rate of 0.0 percent. Loans still running are excluded because they have not yet succeeded or failed.
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 Lexington 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.