Lexington, MN
2,770Residents
$75,347Median household income
$1,573/moMedian gross rent
$289,800Median home value
37.2Median age
25%Adults with a bachelor’s degree or higher
55%Homes lived in by their owners
3.8×Home value to household income
Median rent takes about 25% 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 $63,000 a year. In Minnesota that leaves roughly $4,043 a month after tax. See the full paycheck breakdown for $65,000.
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Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.