Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 43.1 yrs |
|---|---|
| Avg HH Size | 2.54 |
| Below Poverty | 14.8% ▲ 48% above avg |
| College Grads | 31.0% ▼ 20% below avg |
| Unemployment | 6.6% ▲ 35% above avg |
| No HS Diploma | 82 (0.9%) |
| HS Graduate | 3,183 (35.4%) |
| Some College | 1,348 (15%) |
| Associates | 1,598 (17.8%) |
| Bachelors | 927 (10.3%) |
| Graduate Degree | 1,860 (20.7%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $62,324 ▼ 18% below avg |
|---|---|
| Median Home Value | $194,100 ▼ 30% below avg |
| Home/Income Ratio | 3.1x (nat avg ~3.5x) |
| Median Rent | $785/mo |
| Total Housing Units | 6,096 |
| Vacant Units | 546 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Lancaster is a city in Kentucky, located in Garrard County. The city spans 1 ZIP code and is home to approximately 14,207 residents. It is a middle-aged city, with a median age of 43.1 years.
Economically, Lancaster is a solidly middle-class community. The median household income of $62,324 is below the national average. Approximately 14.8% of residents live below the poverty line. The unemployment rate is 6.6%, above the national average.
The real estate market in Lancaster is an affordable housing market. Median home values stand at $194,100, which is below the national average. Renters typically pay around $785 per month. Homeownership is high at 79.8%, typical of suburban and family-oriented communities.
The population of Lancaster is moderately educated. 31.0% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (90.69%).
Lancaster, KY offers residents a cost-conscious lifestyle within Kentucky.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 40444 | 14,207 | $62,324 | $194,100 | $785 | 6.6% | 31.0% | 79.8% |