The median home value in Lexington, MI is $190,600. This is higher than the county median home value of $159,100. The national median home value is $338,100. The average price of homes sold in Lexington, MI is $190,600. Approximately 38.57% of Lexington homes are owned, compared to 23.04% rented, while 38.40% are vacant. Lexington real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you're interested in, contact a Lexington real estate agent to arrange a tour today!
Learn More About Lexington Real EstateLexington has a population of approximately 1,098 and experiences a population change rate of -0.54%. The population density is 794.5 / sq mi.
The median household income for Lexington is $39,375, with 714 households and an average household size of 1.52.
The cost of living index in Lexington is 84.1%.
The median value of a home in Lexington is $190,600 with an appreciation rate of 12.8%. 38.6% of housing in the city is owned while 23.0% is rented.
The unemployment rate in Lexington is 4.50%, and recent job growth is at 1.32%. Future job growth is projected at 29.21%.
The sales tax rate in Lexington is 6.00%, while the income tax rate is 4.25%.
School expenditures in Lexington are $11,598, and the school ratio is 17.9:1.
The average high temperature in July is 80.1 degrees, with an average low temperature in January of 16 degrees. The average rainfall is approximately 33.2 inches per year, with 39.1 inches of snow per year.
Metric | City | County |
---|---|---|
High School Graduates | 95.53 | 89.96 |
College Degree - 2 year | 9.15 | 9.61 |
College Degree - 4 year | 28.38 | 14.93 |
Graduate Degree | 11.02 | 3.68 |
Expenditures per Student | $11,598 | $11,598 |
Students per Teacher | 17.90 | 17.90 |
School | Grades | Students | P/T Ratio | ZIP |
---|---|---|---|---|
Carsonville-Port Sanilac Elementary School | PK - 05 | 182 | 15.8 | 48419 |
Edison Elementary School | KG - 05 | 465 | 16.8 | 48059 |
Frostick School | PK - 04 | 519 | 18.7 | 48422 |
Keewahdin Elementary School | KG - 05 | 546 | 17.6 | 48059 |
Meyer Elementary School | 01 - 04 | 300 | 13.8 | 48450 |
Peck Community Elementary School | KG - 06 | 182 | 15.7 | 48466 |
School | Grades | Students | P/T Ratio | ZIP |
---|---|---|---|---|
Croswell-Lexington Early College | 11 - 12 | 73 | null | 48422 |
Croswell-Lexington Middle School | 05 - 08 | 694 | 19.2 | 48422 |
Fort Gratiot Middle School | 06 - 08 | 648 | 19.8 | 48059 |
School | Grades | Students | P/T Ratio | ZIP |
---|---|---|---|---|
Carsonville-Port Sanilac High School | 06 - 12 | 219 | 19 | 48419 |
Croswell-Lexington High School | 09 - 12 | 727 | 21.5 | 48422 |
Peck Junior/Senior High School | 07 - 12 | 210 | 17.7 | 48466 |
School | Grades | Students | P/T Ratio | ZIP |
---|---|---|---|---|
Carsonville-Port Sanilac Learning Center | 06 - 12 | 94 | 15.3 | 48419 |
Croswell-Lexington Alternative Secondary School | UG - UG | 0 | null | 48450 |