Cost Of Living
Residents in this area benefit from an affordable cost of living. This includes goods and services, transportation, housing, utilities, groceries and healthcare.
Housing
The housing category in this area boasts higher than average scores, likely influenced by a positive home affordability ratio, robust appreciation rates or elevated home values.
Health & Safety
Earning a high health and safety score depends on factors such as good air quality and the availability of essential health facilities like hospitals, clinics, doctors, and fire stations.
Ratings
Local residents have positive feedback regarding the convenience of amenities, parks, public transit, the friendliness of neighbors, the strong sense of community, and the overall safety of the area.
Amenities
It appears that many amenities may not be conveniently situated within walking distance, potentially necessitating the use of a vehicle or public transit.
Commute
Commuters in this area may experience longer-than-average work commute times due to limited public transportation access.
Employment
The combination of low income levels and high unemployment rates contributes to a low score in the employment category, which could make it challenging to secure well-paying jobs.
Schools
Factors such as lower than average graduation rates, lackluster reading and math scores and the limited accessibility of local elementary and high schools could contribute to the low schools score.
Lexington is a small city located in the state of Tennessee. The city has a population of 7,838 residents. At 81%, the majority of the Lexington population is White; this is followed by 16% Black and 0% Asian. The average American spends about 26 minutes on their one way commute to work each day. Lower travel times can increase overall happiness and allow for more time to be spent with family and friends. While living in Lexington, your commute times will be about average, with a one way commute time of 24 minutes.
Living in Lexington can be a fulfilling experience for anyone relocating to the area. Having said that, in the state of Tennessee, there are many desirable places to live, so choose wisely! When searching for a new neighborhood, several factors play a vital role in determining its suitability. Safety should be a top priority, ensuring a secure environment with low crime rates. Proximity to your workplace or school helps minimize commuting time and allows for a better work-life balance. Availability of essential amenities such as parks, coffee shops, restaurants, grocery stores, and healthcare facilities contributes to convenience and well-being. Access to reliable public transportation options facilitates easy commuting and connectivity. Additionally, considering the sense of community and the overall atmosphere that resonates with your lifestyle and preferences fosters a harmonious living experience. To help you find the best places to live in and around Lexington, AreaVibes has created a livability score using key metrics like cost of living, health & safety, employment and more.
The livability score in Lexington is 66 out of 100 and the city is ranked in the 64th percentile of all cities across America. There are nine total categories that create the livability score. Lexington ranks well for housing (B-) On a less positive note, Lexington does not have favorable ranks for the following: amenities (F), crime (F), education (F) and employment (F). If we take a look at the data, we can find out why.
A robust real estate market serves as a crucial economic indicator, reflecting the local area's strength, stability and the confidence of its residents. Lexington excels in the housing sector, scoring high marks based on factors such as median home and rental prices, appreciation rates and home affordability. These calculations suggest that the apartment rental and real estate market in the region is exceptionally healthy, highlighting the area's economic vitality and attractiveness to potential homebuyers and renters.
Assuming that Lexington meets all of your requirements like low crime rates, good schools and great local amenities, the next most important item to examine is the affordability of real estate in Lexington. Everything else becomes a lot less important if it turns out that home prices in Lexington are simply unattainable. The median home price for Lexington homes is $128,200, which is 12.2% lower than the Tennessee average. If we take a closer look at the affordability of homes in Lexington, we’ll see that the home price to income ratio is 3.9, which is 25.8% higher than the Tennessee average.
| Statistic | Lexington | Tennessee | National |
| Average one way commute | 24min | 25min | 26min |
| Workers who drive to work | 82.1% | 83.6% | 76.4% |
| Workers who carpool | 4.4% | 9.2% | 9.3% |
| Workers who take public transit | 0.0% | 0.8% | 5.1% |
| Workers who bicycle | 0.0% | 0.1% | 0.6% |
| Workers who walk | 0.0% | 1.4% | 2.8% |
| Working from home | 12.5% | 3.9% | 4.6% |
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