This area scores extremely well in the employment category. This is primarily due to the combination of low unemployment rates, higher median home income and income per capita.
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.
Earning a high health and safety score depends on factors such as good air quality and the availability of essential health facilities like hospitals, clinics, doctors, and fire stations.
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.
Commuters in this area may experience longer-than-average work commute times due to limited public transportation access.
Lexington, South Carolina is a mid-sized city with a population of 21,847 inhabitants. The majority of Lexington residents report their race to be White; this is followed by Black and Asian. On a daily basis, the typical American spends approximately 26 minutes on their one-way work commute. Reduced travel times not only contributes to increased overall happiness, but also affords more opportunities to cherish moments with family and friends. If you're living in Lexington, your commute time will align closely with the national average, spanning a one-way duration of approximately 25 minutes.
Are you trying to decide if living in Lexington is the right fit for your lifestyle? To ensure a great experience before moving to any new city in South Carolina, 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. The best areas in Lexington and in surrounding cities are easier to find when you are able to make informed decisions. Using data from amenities, cost of living, education, housing, you will see a detailed breakdown of the most important information as well as comparisons to the South Carolina and national averages.
With a livability score of 76/100, Lexington is ranked #2,487 in the United States and #13 in South Carolina. Clearly, Lexington is doing something right, as this score ranks well above the average of most cities. The cherry on top is that Lexington also ranks in the top 10 percent of all cities. Based on the grades for each individual category, Lexington has received high marks for cost of living (B-), education (B-), employment (A-) and housing (A+).
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 1.98%, 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.
A healthy real estate market serves as a key economic indicator. It could signify overall local economic strength, stability and reflects consumer confidence in the area. Based on multiple factors including: median home and rental prices, appreciation rates and home affordability, Lexington has received high marks in the housing category. Based on these calculations, the apartment rental and real estate market appears to be very healthy.
Certain items on your wish list like shopping, restaurants, nightlife, parks and proximity to public transportation are all important things to look for. Having said that, perhaps the most important metric to consider when contemplating a move to Lexington is real estate affordability. Median real estate prices in Lexington come in at $199,400, which is 38.9% higher than the South Carolina 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 2.8, which is 9.7% lower than the South Carolina average.
Statistic | Lexington | South Carolina | National |
Average one way commute | 25min | 24min | 26min |
Workers who drive to work | 80.1% | 82.8% | 76.4% |
Workers who carpool | 10.8% | 9.3% | 9.3% |
Workers who take public transit | 0.3% | 0.6% | 5.1% |
Workers who bicycle | 0.0% | 0.3% | 0.6% |
Workers who walk | 2.3% | 2.2% | 2.8% |
Working from home | 5.9% | 3.6% | 4.6% |