Foreclosure Homes for Sale in Lexington, NC: What You Need to Know
As the self-proclaimed Barbecue Capital of the World, you can rest assured that Lexington, North Carolina has no shortage of good eats and great times. Its population of under 20,000 residents greatly contributes to the sense of close-knit community and classic small-town charm.
The city has proudly hosted the annual Lexington Barbecue Festival since 1984, one of North Carolina’s largest street festivals. The city’s classic style of barbecue normally consists of pork shoulder slow-cooked over a hardwood fire and basted with a signature sauce. Lexington is also home to “Pigs in the City,” a public art initiative consisting of 20 life-sized pig sculptures throughout the city that draw tourists from all over the state.
Throughout most of the 20th century, Lexington’s economy was mostly supported by the textile and furniture manufacturing industries. From the 1990s on, different industries have grown to prominence in Lexington including healthcare and various manufacturing corporations. Today, some of the most significant employers of Lexington residents are Halyard Health, Jeld-Wen, Vitacost, and PPG Industries, all of which oversee the manufacturing of different materials for a variety of purposes including healthcare PPE, doors, and health supplements.
Climate and Weather
Lexington’s typical summer and winter highs and lows are relatively similar to the U.S. average with a July high of 89 degrees Fahrenheit and a January low of 27 degrees. The city sees around 218 clear, sunny days per year and experiences an average of 103 days of precipitation per year which includes rain, hail, snow, and sleet.
Shopping in Lexington
The Lexington Parkway Plaza is a local favorite for clothing and shoe shopping, gym-going, and fine dining with friends and family. Other options for local shopping with a variety of unique establishments include Lexington Center, Norlex Shopping Center, and High Rock Landing Shopping Center. The city also features several grocery stores including Walmart, Food Lion, Aldi, and Pickett Food Mart.
The Cost of Living in Lexington
Housing in Lexington falls at nearly half the typical price of the average American city. The median home price in Lexington is around $133,300 compared to the U.S. average of $231,200. Lexington residents also save big on other typical living costs such as transportation and groceries. However, locals of the city tend to pay slightly above the U.S. average in utility costs as well as health care costs.