02421 Zip Code

April 19, 2024

Zip Code:	02421
City/Town:	Lexington
State:	Massachusetts

Population:	17,342
Per Capita Income:	$56,409
Mean Household Income:	$144,597

Total Housing Units:	6,468
Median Home Value:	$422,700
Median Year Homes Built:	1956

Land Area:	9.8 sq miles 25.5 sq kilometers
Water Area:	0.2 sq miles 0.4 sq kilometers

Population Information (02421 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Total Population:

17,342

Male:

8,218

47.4%

49.2%

Female:

9,124

52.6%

50.8%

Median Age:

45.1 yrs

37.2 yrs

Under 5 years:

841

4.8%

6.5%

5 to 9 years:

1,312

6.9%

6.6%

10 to 19 years:

2,708

15.6%

13.8%

20 to 29 years:

856

4.9%

13.8%

30 to 39 years:

1,503

8.7%

13.0%

40 to 49 years:

3,013

17.4%

14.2%

50 to 59 years:

2,785

16.1%

13.6%

60 to 69 years:

1,917

11.1%

9.4%

70 to 79 years:

1,227

7.1%

5.4%

80 years and over:

1,180

6.8%

3.7%

Housing Information (02421 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Median home value:

$422,700

$119,600

Median year homes build:

1956

1971

Median real estate taxes:

$4,242 / yr.

$1,334 / yr.

Median rent:

$1,217 / mo.

$519 / mo.

Total households:

6,468

Family households:

4,867

75.2%

66.4%

Nonfamily households:

1,601

24.8%

33.6%

Households with individuals under 18 years:

2,568

39.7%

33.4%

Households with individuals 65 years and over:

2,238

34.6%

24.9%

Average household size:

2.7

Average family size:

3.1

Total housing units:

6,768

Occupied housing units:

6,468

95.6%

88.6%

Vacant housing units:

300

4.4%

11.4%

For rent:

1.2%

3.1%

Rented, not occupied:

0.3%

0.2%

For sale only:

0.8%

1.4%

Sold, not occupied:

0.5%

0.3%

For seasonal, recreational, or occasional use:

0.7%

3.5%

All other vacants:

0.8%

2.8%

Homeowner vacancy rate:

1.1%

2.4%

Rental vacancy rate:

4.5%

9.2%

Owner-occupied housing units:

4,734

Population in owner-occupied housing units:

13,405

Average household size of owner-occupied units:

2.8

2.65

Renter-occupied housing units:

1,734

Population in renter-occupied housing units:

3,729

Average household size of renter-occupied units:

2.2

2.44

Educational Attainment (02421 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Population 25 years and over

11,480

Less than 9th grade:

159

1.4%

6.2%

9th to 12th grade, no diploma:

294

2.6%

8.7%

High school graduate (includes equivalency):

1,545

13.5%

29.0%

Some college, no degree:

1,099

9.6%

20.6%

Associate degree:

487

4.2%

7.5%

Bachelor's degree:

2,872

25.0%

17.6%

Graduate or professional degree:

5,024

43.8%

10.3%

Percent high school graduate or higher:

96.1%

85.0%

Percent bachelor's degree or higher:

68.8%

27.9%

Income Information (02421 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Mean household income:

$0 / yr.

$70,883

Per capita income:

$0 / yr.

$27,334

Males 15 years and over with income:

5,581

32.2%

50.4%

Median income:

$69,938 / yr.

$27,932 / yr.

Full-time, year-round workers:

3,406

19.6%

59.7%

Median income:

$86,989 / yr.

$38,349 / yr.

Females 15 years and over with income:

6,036

34.8%

49.6%

Median income:

$28,190 / yr.

$16,327 / yr.

Full-time, year-round workers:

1,933

11.1%

40.3%

Median income:

$52,020 / yr.

$28,135 / yr.

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