Lexington, NY is a small hamlet located in Westchester County. It has a population of about 1,600 people, making it a great place to live for those who are looking for a peaceful environment away from big cities. The cost of rent is relatively low, with two bedroom apartments typically costing around $1,150. Additionally, the grocery cost index in Lexington is higher than the national average – 103 versus 100 – indicating that groceries may be more expensive in the area.
The community of Lexington offers many great businesses to visit and explore. Some notable local companies include Edward's Painting & Drywall Inc., Zac's Towing & Auto Repair, and Fivestones Wellness Center. For those looking for entertainment or cultural spots to visit during their stay in Lexington, some popular attractions are The Lofts at Kensico Commons shopping center, Lasdon Park Arboretum & Veterans Memorial, and Saxon Woods Golf Course.
Lexington has an unemployment rate of 6.5%. The US average is 6.0%.
Lexington has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 25.1%, which is lower than the US average of 33.5%.
Tax Rates for Lexington
- The Sales Tax Rate for Lexington is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Lexington is 6.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Lexington
- The average income of a Lexington resident is $26,811 a year. The US average is $28,555 a year.
- The Median household income of a Lexington resident is $98,750 a year. The US average is $69,021 a year.