Skip to main content

Lexington: Economy & Jobs

Households in Lexington earn a median $46,932 (1.6× below Cleveland County median $77,068; 1.4× below Oklahoma median $65,039), with homes at a median value of $92,000. The surrounding county supports 91,353 jobs (avg $51,153).

Income & Affordability

Median household income $46,932 — below the Oklahoma median ($62,125). Poverty rate 25.7% (U.S. average ~12.5%).

Affordability · Price To Income Ratio2.0×
Affordability · Rent To Income Pct24.5%
Affordability · AffordableYes
Affordability · Interpretationvery affordable
Irs Income · IRS tax returns filed$129,600
Irs Income · Total Adjusted Gross Income (thousands)$9,964,800
Irs Income · Average AGI per return$76,889 (vs Oklahoma $74,344)
Irs Income · Year2022
Income Estimate$52,524
Median Household Income$46,932 (vs Oklahoma $62,125) median_household_income: 4 observations from 2026-04-23 to 2026-04-29
Poverty Rate25.7%

Sources: IRS SOI 2022 · Census ACS 5-Year 2023  ·  Refreshed 2026-04-12

Economic Character

Qualitative classification derived from Census occupation, industry, and income data — workforce composition (white-collar/blue-collar), top employing sector, and income tier.

Economic Character · Workforcemixed
Economic Character · Top IndustryRetail
Economic Character · Income Levelworking-class
Economic Character · Median Income$46,932

Employment & Workforce

Employment + workforce stats. The county-level employment count covers all jobs within the county, not just town residents. Unemployment rate 2.7% — below the U.S. average of ~4%. 4% work from home (U.S. average ~15%).

Commuter Profile · Mean Commute Min29.50
Commuter Profile · Work From Home Pct3.8%
Commuter Profile · Profilemoderate commute
Employment · Avg annual employment (county)91,353
Employment · Total annual wages (county)$4,672,934,462
Employment · Average annual pay$51,153
Employment · Year2024
State Occupation Wages · Year2023
State Occupation Wages · All Occupations · Soc Code00-0000
State Occupation Wages · All Occupations · TitleAll Occupations
State Occupation Wages · All Occupations · Employment1,664,310
Unemployment Rate2.7% (vs Oklahoma 3.1%)

Sources: BLS QCEW 2023 · BLS Occupational Employment and Wage Statistics (OES) · Census ACS 5-Year 2023  ·  Refreshed 2026-04-12

Industry Sectors

Major industries by establishment count from Census County Business Patterns (2022). Sectors are NAICS-coded; counts are county-wide employer establishments.

Agriculture · Total Farms38
Agriculture · Land In Farms Acres80,020
Agriculture · Avg Farm Size Acres2,105.80
Agriculture · Top CommoditiesAnimal Totals, Cattle, Crop Totals, Equine, Specialty Animal Totals
Agriculture · Year2022
Business Patterns · Establishments (employer count)6,142
Business Patterns · Total Employees75,378
Business Patterns · Annual Payroll Thousands3,430,271
Business Patterns · Year2022

Sources: USDA NASS Census 2022 — county FIPS matched · Census CBP API — county FIPS match

Local Business Mix

Retail and service businesses by category (Census CBP NAICS-coded). Counts cover the surrounding county, not just the town. Reflects the everyday commercial mix residents can access.

Local Businesses · Grocery Stores31
Local Businesses · Convenience Stores5
Local Businesses · Liquor Stores20
Local Businesses · Gas Stations95
Local Businesses · Department Stores4
Local Businesses · General Merchandise34
Local Businesses · Clothing Stores22
Local Businesses · Pet Stores7

Sources: Census CBP — NAICS detail codes

Dining Scene

Eating + drinking establishments by NAICS category (Census CBP 2022) — full-service restaurants, fast-food, bars, coffee shops. County-level counts.

Dining Scene · Full Service Restaurants198
Dining Scene · Fast Food228
Dining Scene · Bars21
Dining Scene · Coffee Snacks59

Sources: Census CBP NAICS 722

Banking

FDIC-insured bank branches with addresses. Branch density correlates with population — fewer branches per resident in lower-density areas.

Branches (10)

Valliance Bank
NORMAN BRANCH · 1501 24th Ave Nw · 73069
MidFirst Bank
19TH & SANTA FE BRANCH · 1037 Sw 19th St · 73160
Armstrong Bank
S. WESTERN BRANCH · 11671 S Western Ave · 73170
First National Bank and Trust Company of Ardmore
1NB FINANCIAL CENTER BRANCH · 716 Wall St · 73069
First United Bank and Trust Company
NORMAN NORTHWEST BRANCH · 570 24th Ave Nw · 73069
Arvest Bank
NORMAN EAST BRANCH · 1375 12th Ave Se · 73071
First Fidelity Bank
NOBLE BRANCH · 900 N Main St · 73068
BancFirst
MOORE BRANCH 5TH STREET · 600 Nw 5th St · 73160
First State Bank
First State Bank · 102 N Main St · 73068
International Bank of Commerce
NORMAN BRANCH · 1461 24th Ave Nw · 73069

SNAP & Food Access

USDA-authorized SNAP retailers — supermarkets, super stores, convenience stores, and other locations where SNAP benefits can be redeemed. Per-1K density tracks food access.

Sample (5)

DOLLAR GENERAL 10804
Other · 706 E Broadway St
Dollar General 11915
Other · 10300 US Highway 77
Americas Kwik Stop 2
Convenience Store · 10504 Highway 77
H & T Quick Stop
Convenience Store · 16777 156th St
Hop N Shop 22
Convenience Store · 326 W Broadway St
Nearest Snap · NameDOLLAR GENERAL 10804
Nearest Snap · Total In Area7

Sources: USDA SNAP API — state+city name match

Chamber of Commerce

IRS-registered chamber of commerce organizations matched to this town. Reflects the IRS Exempt Organizations BMF; some chambers operate informally and may not appear here.

Chamber Of Commerce · NameLEXINGTON CHAMBER OF COMMERCE AND

Sources: IRS EO BMF  ·  Refreshed 2026-04-12

Spending & Tax

Federal spending flowing to the surrounding county — direct payments, grants, contracts, loans (USAspending.gov).

Federal Spending · Federal Spending Fy2024$1,948,538,949
Federal Spending · Per Capita6,593.42 (vs Oklahoma $7,371)
Federal Spending · Population295,528 people (vs Oklahoma 63,420)

Sources: USAspending API

Other

Pct Drove Alone87.9%
Pct Public Transit1.1%
Pct Walked3.8%
Retirement Score · Median age40.7 years (vs Oklahoma 35.2y)
Retirement Score · Ss Household Pct40.7%
Retirement Score · Hospitals Nearby4
Retirement Score · Va AccessYes
Retirement Score · AffordableYes
Retirement Score · Factorsolder population, strong SS base, hospital access, VA nearby, affordable
Retirement Score · Ratingexcellent

Sources: Census ACS 5-Year 2023  ·  Refreshed 2026-04-12