Lexington, IL Profile: Facts & Data

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Lexington, Illinois - Basic Facts

The City of Lexington had a population of 2,012 as of July 1, 2019. Lexington ranks in the lower quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Illinois. See peer rankings below.

The primary coordinate point for Lexington is located at latitude 40.6414 and longitude -88.7834 in McLean County. The formal boundaries for the City of Lexington encompass a land area of 2.05 sq. miles and a water area of 0 sq. miles. McLean County is in the Central time zone (GMT -6). The elevation is 751 feet.

The City of Lexington (GNIS ID: 2395695) has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The City of Lexington is located within Township of Lexington, a minor civil division (MCD) of McLean County.


Jump to... (On This Page!)
  1. Lexington 2019 Demographic Data
  2. Growth Rates for Lexington (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Illinois Research Tools (Easy Tools & Current Data)
  3. Illinois Data Comparison Tool - 2019 Demographics

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Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2019, data includes home values, household income, percentage of homes owned, rented or vacant, etc.


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Lexington, IL Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Lexington, IL Housing Affordability Index is 208
State of Illinois Housing Affordability Index is 119
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.

WEALTH INDEX

Lexington, IL Wealth Index is 111
State of Illinois Wealth Index is 105
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

These new demographic attributes are availiable for cities, Counties, ZIP Codes and even neighborhoods (Census Blocks) when you search by a specific Illinois address.

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  1. New 2-Minute Introduction and Concise Guide to Big Data which will help you make the most effective use of HomeTownLocator Tools.
  2. References & Data Sources page for more information about methodology and sources of data.

POPULATION

Total Population 2,012
Population in Households 2,012
Population in Familes 1,650
Population in Group Qrtrs 0
Population Density 982
Diversity Index1 7
 

INCOME

Median Household Income $76,175
Average Household Income $91,270
Per Capita Income $37,214
Wealth Index3 111

HOUSING

Total Housing Units 886 (100%)
Owner Occupied HU 610 (68.8%)
Renter Occupied HU 200 (22.6%)
Vacant Housing Units 76 ( 8.6%)
Median Home Value $166,860
Housing Affordability Index2 208
 

HOUSEHOLDS

Total Households 810
Average Household Size 2.48
Family Households 545
Average Family Size 3
NOTES
  1. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  2. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  3. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2010-2019 2019-2024
Population -0.25% -0.28%
Households -0.16% -0.25%
Families -0.56% -0.44%
Median Household Income   2.06%
Per Capita Income   3.61%

Lexington, IL - Peer Comparisons by Rank and Percentile

The table below compares Lexington to the other 1,369 incorporated cities, towns and CDPs in Illinois by rank and percentile using July 1, 2019 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 508 63rd
Population Density # 751 45th
Diversity Index # 1136 17th
Median Household Income # 279 80th
Per Capita Income # 257 81st

Additional comparisons and rankings can be made with a VERY EASY TO USE Illinois Census Data Comparison Tool.

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