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MI area data

Lexington, MI

Lexington, MI.

Population: 4,320 (Census ACS)

Home values & appreciation

Median home value
$241,119
1-year appreciation
+3.4%
3-year appreciation
+7.9%
5-year appreciation
+18.7%
10-year appreciation
+92.1%
All-time peak (2026-04)
$244,574
House Price Index
387.5 (+5.5% YoY)

Market activity

New listings (monthly)
20

Affordability

Cost of living index (Below Average)
92.0 (100 = US avg)
Electricity rate (state-level)
20.0¢/kWh
Natural gas rate (state-level)
$10.90/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
1
Elementary schools
1
Middle schools
0
High schools
0

Natural hazards & flood risk

Overall hazard risk
Relatively Low
Top hazards
coldWave, winterWeather, iceStorm, strongWind

Climate (30-year normals)

Average annual temperature
46.0°F
Average high
57.0°F
Average low
35.0°F
Annual precipitation
35.5 in

Amenities

Nearest airport
Cowley Field (2 mi)
Hospitals nearby (~15 mi)
1,090
Avg hospital rating
3.1 / 5
Solar radiation rating
Fair (3.7 kWh/m²/day)

Migration

Net migration
-47 tax filers

Housing stock

Median year housing built
1,963
Median annual property tax
$1,908
Mean commute to work
25 min
Households with broadband internet
62.6%

Employment & development

Total county employment
9,103
Average weekly wage
$906
Top industries (by employment)
Health Care, Accommodation & Food, Wholesale Trade
Annual residential building permits (county)
63

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents