Cost Of Living
Residents in this area benefit from an affordable cost of living. This includes goods and services, transportation, housing, utilities, groceries and healthcare.
Housing
The housing category in this area boasts higher than average scores, likely influenced by a positive home affordability ratio, robust appreciation rates or elevated home values.
Ratings
Local residents have positive feedback regarding the convenience of amenities, parks, public transit, the friendliness of neighbors, the strong sense of community, and the overall safety of the area.
Amenities
It appears that many amenities may not be conveniently situated within walking distance, potentially necessitating the use of a vehicle or public transit.
Commute
Commuters in this area may experience longer-than-average work commute times due to limited public transportation access.
Health & Safety
Factors like poor air quality and the absence of essential health-related facilities like hospitals, clinics, nursing homes and pharmacies could have played a role in the low score in this category.
Lexington is a smaller city located in the state of Missouri. The city has a population of 4,540 people. At 93%, the majority of the Lexington population is White; this is followed by 4% Black and 0% Asian. In Lexington, only 44% of people over the age of fifteen are married. This city could be a good option for singles ready to mingle. Long travel times to work can be one of the most frustrating things in the world - right behind housework! If you decide that living in Lexington is the right fit for you, your one way commute time will average 28 minutes, which is about average when compared to the national commute time of 26 minutes.
Are you trying to ascertain if living in Lexington is the right fit for your lifestyle? To ensure a good experience before relocating to any new city in Missouri, you will probably want to make sure that you check all of the most important boxes. Several key factors deserve attention. For one, safety is paramount, ensuring that your new area is low in crime is key. Proximity to workplaces or schools minimizes commute times and fosters convenience. Access to essential amenities like parks, grocery stores, food, fitness, shops and healthcare facilities enhances daily life. Efficient public transportation options provide mobility and connectivity. The sense of community creates a welcoming and supportive environment. Lastly, the overall atmosphere, encompassing the vibe, aesthetics, and lifestyle offerings, contributes to a fulfilling living experience. Considering these elements helps identify the ideal neighborhood for your needs and preferences. To help you find the best places to live in and around Lexington, AreaVibes has created a livability score using key metrics like cost of living, education, employment and more.
Lexington, MO receives 67 out of 100 for its livability score; this results in a ranking of #161 in Missouri and #8,891 in the USA. There are nine total categories that create the livability score. Lexington scores well for crime (A), employment (B) and housing (A+) Lexington does not fare well for the following: amenities (F). It might be a good idea to take a closer look at each category to find out why.
Unemployment rates can vary significantly among cities, impacting job prospects, wage levels and the overall economic health of an area. In Lexington, the unemployment rate stands at 0%, suggesting increased job opportunities and a heightened demand for workers. This scenario can lead to higher wages, as the demand for employees outpaces job availability. Importantly, a low unemployment rate often signifies a robust and flourishing local economy.
For home buyers, real estate will be the largest purchase they will ever make and it will also be their most valuable asset. For renters, the monthly rent paid on their Lexington apartments will most likely be their largest expense. Based on tangible metrics like home and rental affordability and appreciation rates, housing in this area has received a score that is well above the average of every other US city. A thriving real estate market can also generate strong local economic activity and job creation.
Assuming that Lexington meets all of your requirements like low crime rates, good schools and great local amenities, the next most important item to examine is the affordability of real estate in Lexington. Everything else becomes a lot less important if it turns out that home prices in Lexington are simply unattainable. Median real estate prices in Lexington come in at $123,300, which is 12.7% lower than the Missouri average. The home price to income ratio compares the median home prices to the median household income. In Lexington, the home price to income ratio is 2, which is 31% lower than the Missouri average.
| Statistic | Lexington | Missouri | National |
| Average one way commute | 28min | 23min | 26min |
| Workers who drive to work | 81.3% | 81.6% | 76.4% |
| Workers who carpool | 16.2% | 9.1% | 9.3% |
| Workers who take public transit | 0.0% | 1.5% | 5.1% |
| Workers who bicycle | 0.0% | 0.3% | 0.6% |
| Workers who walk | 1.3% | 1.9% | 2.8% |
| Working from home | 1.0% | 4.6% | 4.6% |
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