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EconPulse

Local economy signal dashboard

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PLACEStable

Lexington, OH

Stable overall. Federal Funds is the clearest support signal, while population needs the most attention. Housing reads as affordable for a median-income household.

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Overall score55out of 100
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60
36
30
75
88

Population

4,774

Data freshness

Unknown

GDP / Output

+3.0% YoY

60

$6.0B

Output changed +3.0% in 2024.

Vintage date unknown

State growth4.4%
U.S. growth5.3%

Jobs

Unemployment rate

36

6.0%

Unemployment is 6.0% for Latest available.

Vintage date unknown

State avg4.8%
U.S. avg5.2%

Population

-3.3% 5-year

30

4,774

Population moved -3.3% over the latest ACS window.

Vintage date unknown

State population11,810,293
U.S. population334,922,499

Housing

Rent share of income

75

17.7%

Median rent consumes 17.7% of median household income: Affordable.

Vintage date unknown

State rent$1.0K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

Federal Funds

$6.7K per resident

88

$833.6M

$833.6M in federal obligations flowed here in FY2025.

Vintage date unknown

State total$129.1B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$833.6M

$6.7K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$687.5M
2. Department of Veterans Affairs$67.5M
3. Department of Transportation$20.0M

Top recipients

Dollars
1. OHIO DEPARTMENT OF TRANSPORTATION$20.0M
2. MANSFIELD METROPOLITAN HOUSING AUTHORITY$13.4M
3. REDACTED DUE TO PII$6.8M

Affordable

Housing Affordability

17.7%

of median income

1BR estimate$633
2BR estimate$834
Median income$52,196
Median home value$192,300

ACS context

Quick Facts

Population

4,774

Median age

42.1

Bachelor's degree+

25.9%

Poverty rate

13.7%

Labor force participation

59.4%

Prime rate

6.8%

CPI YoY

+3.2%

U.S. GDP YoY

+6.5%

Sources and warnings

Data Provenance

Census ACS 5-year

2024

BLS LAUS / CPS

Latest available

BEA regional CAGDP1

2024

USAspending

FY2025

FRED

2026-07-30

HUD Fair Market Rent

Latest available

Data notes
  • HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

5-year compound growth

Historical Trends

Population CAGR

-0.7%

GDP CAGR

+5.2%

Federal flow

5 years

Population (5 years)
20204,937
20214,994
20224,956
20234,866
20244,774
GDP (5 years)
2020$4.7B
2021$5.1B
2022$5.5B
2023$5.8B
2024$6.0B

2-year linear forecast

Predictive Outlook

Population forecast

20244,774
20254,769 *
20264,724 *

R² = 68.2% · * projected

GDP forecast

2024$6.0B
2025$6.4B *
2026$6.8B *

R² = 97.5% · * projected

Linear regression over available historical data. Projections are estimates based on past trends and do not account for policy changes, economic shocks, or other external factors.

housing affordability breakdown

Cost of Living

Median household income$52,196/yr
Median rent$772/mo
Rent share of income17.7%
Est. mortgage (30yr, 6.5%)$11,668/yr
Mortgage share of income22.4%

Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.

employment snapshot

Job Market

Unemployment rate6.0%
State avg4.8%
U.S. avg5.2%
Labor force participation59.4%
Poverty rate13.7%

Data from BLS LAUS / CPS. Latest available.

valuation snapshot

Real Estate

Median home value$192,300
Median monthly rent$772
Price-to-rent ratio20.8x

High price-to-rent ratio — renting may be more economical than buying in this market.

composite score

Investment Climate

Investment climateModerate
Composite score47/100
Economic growth60/100
Labor market36/100
Population momentum30/100
Overall stability55/100

Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.

Location Context

Lexington village, Ohio

City/Town

Part of

Mansfield, OH

Nearby locations

Bellville, OHOntario, OHMansfield, OHRoseland, OHLincoln Heights, OH