Real Estate Prices and Overview
Median real estate prices in the Town Center of Lexington are $104,610, which is more expensive than 46.3% of the neighborhoods
in South Carolina and 26.2% of the
neighborhoods in the U.S.
Average rental prices in Lexington Town Center are currently
$633, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price then 72.5% of South Carolina neighborhoods.
Lexington Town Center is a suburban neighborhood (based on population
density) located in Lexington, South Carolina.
Real estate in the Town Center of Lexington, SC is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and townhomes.
Most of the residential real estate is occupied by a mixture of owners and renters. Many of
the residences in the Town Center neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.
Real estate vacancies in Lexington Town Center are 5.4%,
which is lower than one will find in 73.5% of American
neighborhoods. Demand for real estate in Lexington Town Center
is above average for the U.S., and may signal some demand for either
price increases or new construction of residential product for this neighborhood.
Notable & Unique Neighborhood Characteristics
Many things matter about a neighborhood, but the first thing most people notice
is the way a neighborhood looks and its particular character. For example, one
might notice whether the buildings all date from a certain time period or whether
shop signs are in multiple languages. This particular neighborhood in Lexington,
the Town Center neighborhood, has some outstanding things about the way it
looks and its way of life that are worth highlighting.
Notable & Unique: People
An interesting characteristic about the Lexington Town Center neighborhood
is that there are more incarcerated people living here than 99.2%
of neighborhoods in the U.S. The United States has the highest rate of
incarceration in the world, currently with 1 out of every 100 adults in the
country are incarcerated as a punishment for crimes committed. The extremely
high incarceration rate of this neighborhood could mean that a prison, juvenile
detention facility or other correctional facility occupies a large proportion
of the neighborhood, or contains a large portion of the neighborhood's population.
Notable & Unique: Diversity
Did you know that the Lexington Town Center neighborhood has more
Scots-Irish ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 4.9% of
this neighborhood's residents have Scots-Irish ancestry.
Notable & Unique: Migration/Stability
The freedom of moving to new places versus the comfort of home. How much
and how often people move not only can create diverse and worldly neighborhoods,
but simultaneously it can produce a loss of intimacy with one's surroundings
and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive
research has identified this neighborhood as unique with regard to the
transience of its populace.
In the Lexington Town Center neighborhood, a greater proportion of
the residents living here today did not live here five years ago than is
found in 96.2% of U.S. Neighborhoods. This neighborhood,
more than almost any other in America, has new residents from other areas.
Notable & Unique: Occupations
The Lexington Town Center neighborhood has a greater proportion of
government workers living in it than 96.0% of the neighborhoods
in America, according to NeighborhoodScout's exclusive analysis. This is
a unique feature of this neighborhood, and one that shapes its character.
The Neighbors: Income
There are two complementary measures for understanding the income of a
neighborhood's residents: the average and the extremes. While a neighborhood
may be relatively wealthy overall, it is equally important to understand
the rate of people - particularly children - who are living at or below the
federal poverty line, which is extremely low income. Some neighborhoods with
a lower average income may actually have a lower childhood poverty rate than
another with a higher average income, and this helps us understand the
conditions and character of a neighborhood.
The neighbors in the Town Center neighborhood in Lexington are lower-middle income, making it a below average income neighborhood.
NeighborhoodScout's research shows that this neighborhood has an income lower
than 61.1% of U.S. neighborhoods.
In addition, 9.7% of the children seventeen and under
living in this neighborhood are living below the federal poverty line, which
is a lower rate of childhood poverty than is found in 63.2%
of America's neighborhoods.
The Neighbors: Occupations
A neighborhood is far different if it is dominated by enlisted military personnel
rather than people who earn their living by farming. It is also different if
most of the neighbors are clerical support or managers. What is wonderful is
the shear diversity of neighborhoods, allowing you to find the type that fits
your lifestyle and aspirations.
In the Lexington Town Center neighborhood, 46.4%
of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is
clerical, assistant, and tech support occupations, with 23.9% of the residents employed.
Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants
(19.9%), and 13.9% in government jobs, whether they are in local, state, or federal positions.
The Neighbors: Ethnicity / Ancestry
Culture is the shared learned behavior of peoples. Undeniably, different ethnicities
and ancestries have different cultural traditions, and as a result, neighborhoods
with concentrations of residents of one or another ethnicities or ancestries
will express those cultures. It is what makes the North End in Boston so fun
to visit for the Italian restaurants, bakeries, culture, and charm, and similarly,
why people enjoy visiting Chinatown in San Francisco.
In the Town Center neighborhood in Lexington, SC, residents
most commonly identify their ethnicity or ancestry as German
(14.5%). There are also a number of people of English ancestry (6.3%) , and residents who report Irish roots (5.8%) , and some of the residents are also of Scots-Irish ancestry (4.9%) , along with some Scottish ancestry residents (2.9%), among others.
The Neighbors: Languages
The most common language spoken in the Lexington Town Center
neighborhood is English, spoken by 96.3% of households.
Getting to Work
How you get to work – car, bus, train or other means – and how much of your
day it takes to do so is a large quality of life and financial issue. Especially
with gasoline prices rising and expected to continue doing so, the length and
means of one's commute can be a financial burden. Some neighborhoods are physically
located so that many residents have to drive in their own car, others are set
up so many walk to work, or can take a train, bus, or bike.
The greatest number of commuters in Lexington Town Center neighborhood spend
between 15 and 30 minutes commuting one-way to work (35.2% of working
residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (87.3%) drive alone in a private automobile to get to work.
In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (6.2%) . In a neighborhood like this, as in most of the nation, many residents find owning
a car useful for getting to work.