County profile
Lexington city, Virginia
United States · US territory
EA Place Score
——methodology in progress
GDP
no BEA GDP
GDP growth (YoY)
1 yr only
Jobs tracked
4,728
Census CBP · 2023
Employers
253
Census CBP · 2023
Avg. wage
$49.7k
BLS QCEW · 2023
Population
7,769
Census PEP · 2025
Labor, income & education
Unemployment
7.3%
Median HH income
$84.5k±$16.5k
Bachelor's degree+
50.7%±9.1%
Poverty rate
14.0%±7.3% · low reliability
Business applications
60 · 2025
Retail establishments
37
48.0/10k pop
Public companies headquartered here
SEC EDGAR · FMPCompanySectorRevenueEA
No public companies loaded for this state yet — universe expands with the full ingest.
HQ-based placement with total (global) headcount — local employment attribution needs firmographic data; the industry mix at right is measured county data (CBP).
Industry mix · employment
Education49%
Health care17%
Food & accommodation17%
Retail trade9%
Other services6%
Finance & insurance3%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 2020–2025
7,769
residents · 2025 · +6.2% since 2020
COMPONENTS OF CHANGE · 2021–2025
Domestic migration+171
International migration+103
Natural change+185
Real estate & risk
FHFA · ACS · FEMA
Median home value
$275.2k±$46.2k
Median gross rent
$1.1k/mo±$182/mo
Vacancy rate
22.1%±7.1%
Affordability
5.5× wages
Residential permits
$0
0 units · 0.0/1k pop
FEMA risk score
3.7
HUD Fair Market Rent (2BR):$1.0k/mo · 2026
TOP PERILS · FEMA NRI
Hurricane 58Earthquake 46Lightning 45
FHFA HOUSE PRICE INDEX · 2016–2025
1862016
1852017
1952018
1952019
2052020
2192021
2522022
2612023
2992024
3232025
RESIDENTIAL PERMITS · 2021–2025
↓ -100% since 2021112021
52022
02023
12024
02025
Transport access
BTS · FAA · USACE
Nearest interstate
3.2 km
I-64
Nearest freight rail
1.3 km
Freight rail
Nearest port
165.8 km
ELKHEM METALS CO., ALLOY DOCK
Nearest commercial airport
54.9 km
LYNCHBURG RGNL/PRESTON GLENN FLD
Wage trend
BLS QCEW · 2019–2023$49.7k
avg. annual pay · +10% since 2019
Nearby & same-state counties
by GDP rankThe read
What is Lexington city’s economy like?
Lexington city is home to 7,769 residents and 4,728 jobs across 253 employers, led by education. BEA does not publish state-level GDP for US territories, so no GDP figure is shown.
GDP: BEA (2025), USD-normalized · Jobs/employers/wages & industry mix: Census CBP (2023) · Population & migration: Census PEP · Income: BEA CAINC1 · Companies: SEC EDGAR + FMP, by HQ.