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Lexington city Business Data

Businesses, industries, trucking companies, banks and bankruptcies in Lexington city, Virginia.

Employer establishments
253
2023
Employees
4,728
Average annual pay
$41,812
Nonemployer businesses
462
$19.49M receipts, 2024

Industries

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IndustryEstablishmentsEmployeesAverage pay
Accommodation and food services51742$26,974
Other services45257$42,716
Health care and social assistance40752$51,693
Retail trade37384$32,487
Professional and technical services25100$50,110
Finance and insurance19116$68,681
Real estate and rental1028$62,929
Construction788$46,364
Educational services52,178$43,028
Information433$34,576
Arts, entertainment and recreation419$49,158

Total annual payroll: $197.7M

Establishments by number of employees

2023

  • 1 to 4 employees13554.0%
  • 5 to 9 employees4618.4%
  • 10 to 19 employees4116.4%
  • 20 to 49 employees249.6%
  • 50 to 99 employees41.6%
  • 100 to 249 employees00.0%
  • 250 to 499 employees00.0%
  • 500 to 999 employees00.0%
  • 1,000 or more employees00.0%

Trucking companies

20 active carriers with 56 power units and 50 drivers

All carriers

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Banks headquartered in Lexington city

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BankTotal assetsDepositsOffices
CornerStone Bank$232.8M$198.6M4

Business bankruptcies

Virginia by county

0 business cases (0 under Chapter 11) and 5 cases in all were filed in the 12 months ending June 2026.

County Business Patterns counts employer establishments by the county where they are located. The Census Bureau adds small random noise to protect confidentiality, and some small cells are withheld (shown as Not reported).

Source: U.S. Census Bureau County Business Patterns, FMCSA, FDIC and the U.S. Courts · Last updated 12/31/2023