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Lancaster, Kentucky

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
4,013
Population
$43,898
Median Income
$175,300
Home Value
34.0
Median Age

Demographics

Lancaster has a population of 4,013 with a median age of 34.0. Here is the racial and ethnic breakdown of the population:

White
80.6%
Black
8.3%
Other
6.0%
Hispanic
5.1%
Demographic Value
Total Population4,013
Median Age34.0
White80.6%
Black or African American8.3%
Hispanic or Latino5.1%
Other / Two or More Races6.0%
Lancaster, Kentucky — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 100.White: 80.6%Black: 8.3%Other: 6.0%Hispanic/Latino: 5.1%4,013PopulationWhiteWhite80.6%BlackBlack8.3%OtherOther6.0%Hispanic/LatinoHispanic/Latino5.1%

Income & Economy

The median household income in Lancaster is $43,898, which is 45.5% below the national median of $80,610. The per capita income is $23,631. The poverty rate is 29.1%.

$43,898
Median Household Income
$23,631
Per Capita Income
29.1%
Poverty Rate

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Education

In Lancaster, 84.4% of residents age 25+ have a high school diploma or higher, and 13.2% hold a bachelor's degree or higher (9.3% with a graduate or professional degree).

HS Diploma+
84.4%
Bachelor's+
13.2%
Graduate+
9.3%
Education Level % of Adults (25+)
High School Diploma or Higher84.4%
Bachelor's Degree or Higher13.2%
Graduate or Professional Degree9.3%

Housing

The median home value in Lancaster is $175,300, below the national median of $303,400. The median monthly rent is $801. The homeownership rate is 54.6%.

$175,300
Median Home Value
$801/mo
Median Rent
54.6%
Homeownership Rate
Housing Metric Value
Median Home Value$175,300
Median Monthly Rent$801
Homeownership Rate54.6%
Vacancy Rate9.0%

Salaries in Kentucky

Explore salary data for popular occupations in Kentucky:

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Other Cities in Kentucky

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Frequently Asked Questions

What is the population of Lancaster, Kentucky?
The population of Lancaster, Kentucky is 4,013 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Lancaster, Kentucky?
The median household income in Lancaster, Kentucky is $43,898. This is 45.5% below the national median of $80,610.
What is the median home value in Lancaster, Kentucky?
The median home value in Lancaster, Kentucky is $175,300. The median monthly rent is $801.
What percentage of people in Lancaster have a college degree?
In Lancaster, Kentucky, 13.2% of adults age 25 and older hold a bachelor's degree or higher, and 84.4% have a high school diploma or higher.
Is Lancaster, Kentucky an affordable place to live?
The home price-to-income ratio in Lancaster, Kentucky is 4.0x (median home value $175,300 vs. median income $43,898), making it moderately affordable by that measure. A ratio under 4.0 is generally considered affordable.

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