Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 42.7 yrs |
|---|---|
| Avg HH Size | 2.50 |
| Below Poverty | 2.6% ▼ 74% below avg |
| College Grads | 59.3% ▲ 53% above avg |
| Unemployment | 9.4% ▲ 93% above avg |
| HS Graduate | 1,098 (18.6%) |
| Some College | 778 (13.2%) |
| Associates | 519 (8.8%) |
| Bachelors | 352 (6%) |
| Graduate Degree | 3,142 (53.4%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $130,444 ▲ 71% above avg |
|---|---|
| Median Home Value | $467,400 ▲ 68% above avg |
| Home/Income Ratio | 3.6x (nat avg ~3.5x) |
| Median Rent | $1,985/mo |
| Total Housing Units | 2,970 |
| Vacant Units | 26 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Lancaster is a city in Massachusetts, located in Worcester County. The city spans 1 ZIP code and is home to approximately 8,470 residents. It is a middle-aged city, with a median age of 42.7 years.
Economically, Lancaster is a upper-middle-income community. The median household income of $130,444 is significantly above the national average. Approximately 2.6% of residents live below the poverty line. The unemployment rate is 9.4%, significantly above the national average.
The real estate market in Lancaster is a premium housing market. Median home values stand at $467,400, which is significantly above the national average. Renters typically pay around $1,985 per month. Homeownership is high at 83.0%, typical of suburban and family-oriented communities.
The population of Lancaster is well-educated. 59.3% of adults hold a bachelor's degree or higher — significantly above the national average. The community is primarily White (82.01%).
Lancaster, MA offers residents above-average earning potential within Massachusetts.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 01523 | 8,470 | $130,444 | $467,400 | $1,985 | 9.4% | 59.3% | 83.0% |