Lexington is a city in Tennessee state in USA with a population of 7838 residents..
The poverty rate of Lexington is 30.1%, which is 115% higher than national average.
The typical household in Lexington earns $33337 a year, compared to the national median of $67,500.
Financial hardship is relatively common in the city as 1 in every 3 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 6 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 60.3% of households earn less than $50,000 a year compared to 39% national rate.
With a lack of available jobs, many in Lexington are struggling financially. Nearly one in every 1 in every 7 workers in Lexington is unemployed.
The unemployment rate of Lexington remained 13.9%, which is 196% higher than national rate. Nearly 3 times comparable to 4.7% national rate, according to the Census.
Cost of living in Lexington is 79, which is 21% lower than national average.
In Lexington, only 14% of adults have a bachelor's degree and 30% have some college but no degree.
Median home value in Lexington is $128200 , which is 44% lower than national average.
While median income in Lexington remained $33337, which is 51% lower than national average.