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Independent city in Virginia, United States

Lexington

$344kMedian Home
307Sunny Days/yr
View on Map· Pop. 7k· Elev. 1,063 ftWikipedia

Lexington is an independent city in the Commonwealth of Virginia, United States. At the 2020 census, the population was 7,320. It is the county seat of Rockbridge County, although the two are separate jurisdictions, and is combined with it for statistical purposes by the Bureau of Economic Analysis. Lexington is within the Shenandoah Valley about 57 miles (92 km) east of the West Virginia border and is about 50 miles (80 km) north of Roanoke, Virginia. First settled in 1778, Lexington is best known as the home of the Virginia Military Institute and Washington and Lee University.Wikipedia

About the RegionSoutheast

The Southeast has become the most active real estate market in the United States. Charlotte, Raleigh, Atlanta, and Nashville's broader metro have all absorbed sustained in-migration driven by warmer weather, relatively lower housing costs than comparable Sun Belt metros, and — in Florida and Tennessee — no state income tax. The Research Triangle between Raleigh, Durham, and Chapel Hill has emerged as a genuine rival to established tech corridors, anchored by Duke, UNC, and NC State.

The region's rapid growth has created real affordability pressure in cities that were bargains a decade ago. Asheville, Savannah, and coastal Florida markets have seen sharp appreciation, narrowing the cost advantage that drew transplants in the first place. Coastal areas across the Southeast also carry increasing flood and hurricane insurance costs as storm frequency and severity trends upward. Long, hot, and humid summers are a material lifestyle consideration — June through September in much of the region is genuinely intense.

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Current Conditions

03

Cost of Living

Housing
$2k/mo
Median Rent
$344k
Median Home Price
Rent burden21% of income
Household Income
$94k
Median annual
04

Livability

School Rating
8.3/10
Internet
No internet coverage data yet.
05

Climate

Sunshine
307
sunny days per year
84% of the year
Comfort Score
70/100
Good
Rainfall
37"
inches per year
Air Quality
38
Good AQI
07

Demographics

Population7k
Altitude1,063 ftabove sea level
Median Age23 yrs
College Educated60%bachelor's or higher
Work From Home13%of workforce

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