How many renters in Lexington, NC pay more than 30% of their income on rent?

46.4% (±7.4 points) of renting households in Lexington, NC spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).

41.2% spend 35% or more.

The median renting household spends 28.8% of its income on rent.

Figures last updated on .

Paying 30% or more
46.4% (±7.4 points)
Paying 35% or more
41.2% (±6.9 points)
Median share of income
28.8% (±2.6 points)

Rent as a share of income in Lexington

Renting households by gross rent as a percentage of household income, 2020–2024
Share of income spent on rentLexingtonDavidson CountyNorth CarolinaUnited States
Less than 15%14.2% (±4.5 points)18.4%14.1%12.6%
15% to 19.9%13.7% (±5.9 points)16.3%12.6%12.2%
20% to 24.9%11.0% (±4.1 points)10.8%13.2%12.6%
25% to 29.9%14.8% (±5.9 points)12.3%11.3%11.5%
30% to 34.9%5.2% (±2.7 points)7.9%9.3%9.2%
35% or more41.2% (±6.9 points)34.2%39.6%41.9%

Households whose income could not be measured against their rent (for example, those reporting no income) are left out of these shares, as the Census Bureau leaves them out.

Lexington against Davidson County, its state and the nation

Estimate (90% margin of error)
LexingtonDavidson CountyNorth CarolinaUnited States
Paying 30% or more46.4% (±7.4 points)42.1% (±3.9 points)48.9% (±0.6 points)51.1%
Paying 35% or more41.2% (±6.9 points)34.2% (±3.2 points)39.6% (±0.5 points)41.9%
Median share of income28.8% (±2.6 points)26.8% (±1.3 points)29.5% (±0.2 points)30.6%
Median renter household income$37,942 (±$4,076)$41,958 (±$2,408)$48,010 (±$418)$52,966
Median gross rent$893 (±$66)$901 (±$33)$1,228 (±$5)$1,413

In Lexington, the share of renters paying 30% or more of income is not measurably different from Davidson County (42.1%).

It is not measurably different from North Carolina (48.9%).

It is not measurably different from the national figure (51.1%).

In Davidson County, Lexington ranks 5 of 8 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.

Statewide, it ranks 359 of 650.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

Renters paying 30% or more of income in places near Lexington

Nearest places with a published estimate, compared with Lexington
PlaceDistanceRenters paying 30% or more of incomeCompared with this place
Lexington—46.4% (±7.4 points)—
Tyro5.7 mi31.5% (±21.2 points)Not measurably different
Welcome7.6 mi50.7% (±31.1 points)Not measurably different
Southmont10 mi91.5% (±61.1 points)Not measurably different
Spencer11 mi51.3% (±22.2 points)Not measurably different
East Spencer12 mi67.6% (±19.8 points)Higher
Advance12 mi32.5% (±51.1 points)Not measurably different
Thomasville12 mi38.4% (±8.4 points)Not measurably different
Midway13 mi20.6% (±20.2 points)Lower

Nearby places with a measurably lower figure: Midway, NC (20.6%).

Nearby places with a measurably higher figure: East Spencer, NC (67.6%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Renters paying 30% or more of income across Davidson County, place by place

RankPlaceRenters paying 30% or more of income
1Wallburg100.0% (±116.3 points)
2Southmont91.5% (±61.1 points)
3Denton63.3% (±27.8 points)
4Welcome50.7% (±31.1 points)
5Lexington46.4% (±7.4 points)
6Thomasville38.4% (±8.4 points)
7Tyro31.5% (±21.2 points)
8Midway20.6% (±20.2 points)

Survey years: 2020–2024 (American Community Survey 5-year estimates).

Margins of error are at the 90% confidence level.

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Questions about Lexington

Are renters in Lexington rent-burdened?

46.4% of renting households in Lexington pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).

What share of income do renters in Lexington spend on rent?

The median renting household in Lexington, NC spends 28.8% (±2.6 points) of its household income on gross rent.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Lexington city, North Carolina (place:38060, in state:37).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The API needs a free key.

Request a Census API key.

DP04_0136E, DP04_0136M, DP04_0137PE, DP04_0137PM, DP04_0138PE, DP04_0138PM, DP04_0139PE, DP04_0139PM, DP04_0140PE, DP04_0140PM, DP04_0141PE, DP04_0141PM, DP04_0142PE, DP04_0142PM, B25071_001E, B25071_001M, B25119_003E, B25119_003M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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