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Lexington, North Carolina   Add Favorite    4 Reviews | Review This Place




Find your Best Mortgage in Lexington: Fixed Rate, Adjustable Rate, 30 years, 15 years.

Pros

-Pleasant climate
-Central location
-Nearby mountains

Cons

-Economic decline
-Entertainment
-Educational attainment


What Bert Has To Say About Winston-Salem Metro Area


Until recently, Winston-Salem and High Point were associated with nearby Greensboro to form one metro area. The three cities are sometimes referred to as the Piedmont Triad. In comparison to the state’s better-known triad of Raleigh–Durham–Chapel Hill, the economy and lifestyle is more industrial and working-class, although there is a strong university presence and a high level of educational attainment. The economy has an interesting mix of declining and emerging industries, but employment overall has been relatively stable. Winston-Salem, as the name suggests, has been a center for the tobacco industry. (The cigarettes are named after the town, not vice versa.) Winston-Salem is also home to Wake Forest University, some affiliated high tech business, a collection of banking centers and is home to Krispy Kreme donuts and a new Dell Computer plant. High Point is a world trade center for furniture and is still center of the state’s largest furniture-manufacturing industry. Unfortunately, the dislocation of that industry offshore, particularly to China, is having an impact on its manufacturing base. Downtown High Point is a fascinating collection of commercial, warehouse and showroom facilities centered on this industry. Winston-Salem epitomizes the shift from older economy to new economy, and High Point is an industry town shifting emphasis from manufacturing to becoming a trade and design center. The nearby Greensboro metro area is perhaps the most prosperous of the three, though all places are generally appealing with a lack of major downsides. The nearby amenities of the Raleigh-Durham area, about 80 miles to the east, are close enough for residents to benefit.


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Highlights



Quick Facts About Lexington


    ECONOMY
    The unemployment rate in Lexington is 4.90 percent(U.S. avg. is 5.20%). Recent job growth is Positive. Lexington jobs have Increased by 1.79 percent.
    COST OF LIVING
    Compared to the rest of the country, Lexington's cost of living is 15.20% Lower than the U.S. average.
    POPULATION
    As of 2014, Lexington's population is 19,326 people. Since 2000, it has had a population growth of 16.56 percent.
    TRANSPORTATION
    Average Commute time is 23 minutes. The National Average is 26 minutes.
    REAL ESTATE
    The median home cost in Lexington is $114,200. Home appreciation the last 10 years has been 0.43%.
    SCHOOLS
    Lexington public schools spend $9,519 per student. The average school expenditure in the U.S. is $12,383. There are about 14 students per teacher in Lexington.

Lexington Ranked & Rated



Lexington Housing Market


It's a good time to buy in Lexington. Home Appreciation is up 2.3% in the last 12 months. Browse Lexington Real Estate.
The median home price in Lexington is $114,200. Browse Homes in this Range.
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Reviews for Lexington, North Carolina


Unknown
Lexington

Star Rating Not a fan. Not for me. Just okay. Great place. The best place.
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  11/27/2017
Don't count this town out!

I Have grown up in this town and now run a business here. There has been massive improvements in the past few years. The cost of living here is low and we are... (Read More)

 5

 7

  7/25/2017
Lexington NC SUCKS!!!!

I have lived in Lexington NC entirely too long. To live in the city, the taxes are ridiculous for the services that you receive. You WILL be threatened with a fine for... (Read More)

 48

 41

  1/20/2015
Asians in Lexington, North Carolina

All comments are retarded. I am from Thailand, totally Asian. Not Asian:-):-~American. Im just Asian. Lived in Charlotte for 4 Months, now moved to Lexington 1 hour... (Read More)

 104

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