Lexington, MI
1,126Residents
$45,694Median household income
$686/moMedian gross rent
$184,500Median home value
63.2Median age
27%Adults with a bachelor’s degree or higher
66%Homes lived in by their owners
4.0×Home value to household income
Median rent takes about 18% of the median household income in Lexington.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $27,000 a year. In Michigan that leaves roughly $1,891 a month after tax. See the full paycheck breakdown for $30,000.
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Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.