Income & Economy in Lexington city, VA (24450)
Median Income
$77,839
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+1,002
Wealth inflow
Population
17,760
Unemployment
1.2%
2.5pp below US avg
IRS migration statistics show a net inflow of about 1,002 for ZIP 24450 (Lexington city, VA) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.
Historical Trends in 24450 (2020–Present)
Since 2020, population grew 2.2%, median income rose 8.4% (inflation-adjusted), home values decreased 3.5%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $77,839 |
| Unemployment | 1.2% |
| Establishments | 499 |
| Employees | 7,510 |