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Lexington County, SC

RANK #619 / 1001 NAT  ·  #18 / 24 SC  ·  POP 304,887

1YR FORECAST: -0.2%

5YR OUTLOOK: +26%

Lexington County's housing market is projected to grow -0.2% over the next year, below the national average.

[01] Why Lexington County?

Lexington County, South Carolina, is often recognized by locals for Lake Murray, a large reservoir offering 500 miles of shoreline and 50,000 acres of water for recreation like boating, fishing, and waterskiing. Situated in the Midlands region, it is part of the Columbia metropolitan area, with the town of Lexington serving as the county seat. Commutes to downtown Columbia typically take 22–30 minutes via I-20 East, though Highway 378 offers an alternative for other destinations. The county presents a blend of urban, suburban, and rural landscapes, with significant urbanization in its eastern and northeastern areas. Numerous parks, such as Virginia Hylton Park and Gibson Pond Park, provide additional outdoor amenities.

Life in Lexington County appeals to families and professionals, with public schools generally performing above average. The economy is experiencing growth, attracting investment in sectors like manufacturing, energy, and commercial and residential development. This expansion is supported by the county's central location in South Carolina, offering access to major interstates and proximity to the Port of Charleston. While public transportation exists through a regional bus system, personal vehicles remain the primary mode of transit.

MARKET PROFILE

Idiosyncratic Markets

Lexington County's data profile doesn't fit any single market profile cleanly — its housing, labor, and demographic signals pull in different directions (home prices +0.6% YoY, population +1.5%, wages +3.9%). About 414 U.S. counties show this kind of mixed-signal pattern.

See all 414 Idiosyncratic Markets counties →

[02] Market Snapshot

Housing Ratio
9.2x

Overvalued relative to economy

Home Prices
+0.6%

Well below national median

Climate & Terrain
1.0

Moderate climate & terrain

Price/Rent
12x

Strong rental yield

Housing looks overvalued at 9.2x — home prices are high relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    Lexington Medical Center Healthcare
    5,000+
  2. 2
    SCANA Corporation (now Dominion Energy South Carolina) Energy
    2,500+
  3. 3
    Lexington County School District One Education
    1,000+
  4. 4
    Westinghouse Electric Company Energy
  5. 5
    Amazon Logistics
  6. 6
    Southeastern Freight Lines Logistics
  7. 7
    Walmart Retail
  8. 8
    Michelin Tire Corp. Manufacturing
  9. 9
    Nephron Pharmaceuticals Manufacturing
  10. 10
    House of Raeford Agriculture

Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.

[04] Home Value Growth vs National

Lexington County U.S. National

Bars show trailing 12-month growth. The dashed Forecast bars are the model's next-12-month projection; the whisker marks the ±1% range (cooling–accelerating).

The Numbers

DEMOGRAPHICS
Population
304,887
+1.5% YoY
Median Household Income
$77,408
Median Home Value
$234,500
+0.59% 12mo
Median Rent
$1,178
Average Annual Pay
$58,199
+3.9% YoY
Employment
134,087
+1.1% YoY
Income-to-Home-Value
0.3301
More affordable than average
Migration Inflow
3.04%
of pop. from another state
Bachelor's Degree+
34.1%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Building Permits (2025)
2,006
Single-Family Permits
2,004

[05] Crime & Safety

C
SAFETY
GRADE
Homicide Rate
6.8
per 100K · nat avg 6.3
Firearm Fatalities
18.0
per 100K · nat avg 14.8
Injury Deaths
99.6
per 100K · nat avg 76.3
vs National Average
Near national avg
based on homicide rate

Source: CDC/NCHS vital statistics via County Health Rankings (2020–2022 avg). Rates per 100,000 population. Grade based on homicide rate relative to national average (~6.3). Learn more →

[06] Air Quality

B
AIR QUALITY
GRADE
Median AQI (3yr)
42.0
Good
Good Air Days
64%
558 of 870 days
Unhealthy+ Days (3yr)
1
Sensitive groups affected
Primary Pollutant
PM2.5
Fine particulate matter
Yearly Trend
2021
46
2022
39
2023
41
Median AQI · lower is better

Source: EPA Air Quality System (2021–2023). Grade based on 3-year average median AQI. Learn about AQI →

[07] Capital Investment

$630M
TOTAL
PROJECT AMOUNT STATUS
Solar Energy Farm Portfolio (3 sites)
Undisclosed Solar Energy Farm Developer
$180M Planned
New Housing Development (624 homes)
Undisclosed Developer
$150M Proposed
Nephron Nitrile Expansion
Nephron Nitrile
$100M Planned
Gunsight Solar, LLC
Gunsight Solar, LLC
$75M Operating
Allora Solar, LLC
Allora Solar, LLC
$75M Operating
FedEx Ground Distribution Facility
FedEx Ground / Scannell Properties
$50M Under Construction

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[08] Score Breakdown

Population Growth +1.5% 80 percentile
Income Growth +3.2% 61 percentile
Vacancy Rate 0.6% 86 percentile
Home Price Change +0.6% 34 percentile
Rent Growth +1.4% 25 percentile
Price/Rent 12x 88 percentile

Bars show percentile rank among all 1001 counties.

[09] Frequently Asked Questions

Is Lexington County, SC a good place to move to?

At 38/100, Lexington County faces headwinds that place it in the lower third of the 1001 counties we track. Median income of $77,408 combined with job growth of +1.1% suggests the local economy is struggling to keep pace with national trends.

Is Lexington County affordable?

Housing in Lexington County is roughly in line with national affordability norms. The median home costs $234,500 and the income-to-home-value ratio sits at 0.33, with rents averaging $1,178/month. Not a bargain, but not a stretch for most local earners either.

Is Lexington County growing or shrinking?

Lexington County is growing on multiple fronts. Population is up +1.5% year-over-year while employers added jobs at a +1.1% clip. Home values shifted +0.6% in the past year.

Are people moving to Lexington County?

There's a moderate stream of newcomers. About 3.04% of residents moved from another state, which is above average and suggests Lexington County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[10] Similar Counties by Size & Score

York County, SC 38 Richland County, SC 37 Berkeley County, SC 43 Cherokee County, SC 33 Dorchester County, SC 45 Laurens County, SC 48 Rockland County, NY 38 Richmond city, VA 38