HomeTennesseeHenderson CountyLexington city
Lexington city, Tennessee: commercial real estate data.
Lexington city is a Census city of 7,962 people across 11.76 square miles of land, in Henderson County. Median household income is $49,057, 63.0 percent of occupied homes are owned, and the SBA record carries 3 7(a) approvals to borrowers here worth $750,000.
76 sourced place values · tier FULL · 8 sections
Lexington
What Lexington is
- Census place typecity
- Land area11.76 sq mi
- Water area0.18 sq mi
- Population per square mile of land677
- County holding the largest share of its areaHenderson 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
- Population7,962
- Median age36.9
- Population under 181,985
- Share under 1824.9 percent
- Population 65 and over1,390
- Share 65 and over17.5 percent
- Households2,973
- Family households2,062
- Share of households that are families69.4 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$49,057
- Per capita income$25,810
- Civilian labor force3,110
- Employed2,853
- Unemployed257 plus or minus 145
- Unemployment rate8.3 percent plus or minus 4.6
- Adults 25 and over5,422
- Adults 25 and over with a high school diploma or higher89.3 percent
- Adults 25 and over with a bachelor degree or higher16.5 percent plus or minus 5.3
- Adults 25 and over with a graduate degree4.1 percent plus or minus 2.1
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lexington
Housing in Lexington
- Housing units3,368
- Occupied units2,973
- Vacant units395 plus or minus 197
- Vacancy rate11.7 percent plus or minus 5.7
- Owner occupied1,873
- Renter occupied1,100 plus or minus 239
- Ownership rate63.0 percent
- Median owner-occupied home value$176,000
- Median gross rent, monthly$720
- Annual rent as a share of median income17.6 percent
- Single family units2,718
- Share single family80.7 percent
- Units in buildings of two or more416 plus or minus 179
- Share in buildings of two or more12.4 percent plus or minus 5.2
- Mobile homes207 plus or minus 138
- Median year structure built1981
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 commute2,550
- Commuting under 15 minutes1,180 plus or minus 337
- Share commuting under 15 minutes46.3 percent plus or minus 11.2
- Commuting 30 minutes or more1,049 plus or minus 272
- Share commuting 30 minutes or more41.1 percent plus or minus 8.7
- Drove alone85.7 percent
- Carpooled2.6 percent plus or minus 2.2
- Public transport0.0 percent
- Walked0.4 percent plus or minus 0.9
- Worked from home10.6 percent plus or minus 5.5
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lexington
SBA 7(a) lending to Lexington borrowers
- Approvals3
- Gross approval$750,000
- Average approval$250,000
- Median approval$125,000
- Ninetieth percentile approval$500,000
- Largest approval$500,000
- Jobs supported37
- Jobs per approval12.3
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term84 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises33.3 percent
- Distinct lenders1
- Distinct industries by NAICS2
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 504 lending to Lexington borrowers
- Approvals1
- Gross approval$686,000
- Average approval$686,000
- Median approval$686,000
- Largest approval$686,000
- Jobs supported24
- Loans with a final outcome0
- Charged off0
- Median term240 months
- Distinct CDCs1
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Henderson County, not Lexington
Henderson County context, not Lexington figures
These are Henderson 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 Henderson County508
- Employment at those establishments, Henderson County6,459
- Covered employment, Henderson County8,429
- Average annual pay, Henderson County$47,219
- Average weekly wage, Henderson County$908
- Housing units permitted, Henderson County27
- Of those, single family, Henderson County19
- County product, 2024, Henderson County$1,063,749,000
- County product change over the prior year, Henderson County4.5 percent
- Average income of an arriving household, Henderson County$49,619
Every figure in this section is published for Henderson 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, Tennessee?
7,962, in 2,973 households. Lexington city covers 11.76 square miles of land, which is 677 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?
Henderson 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?
$49,057. The median owner-occupied home is valued at $176,000. Median gross rent is $720 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 $750,000, across 1 lenders, median approval $125,000, plus 1 504 approvals worth $686,000. 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 Henderson 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.
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