Lancaster, MA
Maps & Population Facts

Population
7,978
Population Density
290
Labor Participaton
56.4%
Bachelor's or Higher
37.1%
Median Household Income
$104,331
Median Individual Income
$44,388
Median Individual Income(Full-time Workers Only)
$66,681

Housing Estimates

Median House Value
$337,100
Median Gross Rent
$1,092
Median Mortgage Payment
$2,217
Housing Units
2,598
People who reside in Lancaster live in:
Detached - Single Family Homes
81%
Apt, Condo, Other
19%
Analysis

Income

Households in Lancaster earn significantly more money than the national median income, averaging 73% higher per household.

Housing

Lancaster has a median house price of $337,100. The cost of homeownership is higher than most areas. The cost of renting in Lancaster is 8% more than the national average.

Percent
Renter Occupied Households 38%
New Construction (Built after 2000) 17%

Demographics

The median age in Lancaster is 40. The age of the general population in Lancaster is comparable with with the national average.

Lancaster ranks better than average for having an educated population with more college graduates per resident than most areas.

Housing Data

Housing Comparison
Lancaster Massachusetts USA
Median Property Value 337,100 385,400 217,600
Median Mortgage Payment 2,217 2,108 1,513
Median Gross Rent 1,092 1,208 1,012
Property Vacancy 10.3% 10.0% 12.6%
% Renters 18% 38% 36%
Residents per Sq. Mi. 290 885 93
Personal Comparison
Lancaster Massachusetts USA
Median Household Income 104,331 77,385 60,336
Median Individual Income 44,388 41,700 33,646
Median Income (Full-Time) 66,681 60,923 46,881
Median Age 39.5 39.5 38.1
Labor Participation 56.4% 67.8% 62.8%
Attained College Degree 37.1% 43.4% 32.0%

Population Density Analysis

Lancaster, MA
290
Residents per Sq. Mile
The population density of Lancaster is comparable to that of a Rural Area.
Major City
10,000 Residents +
Mid-Sized City
5,000 Residents +
Small City
2,500 Residents +
Suburban
500 Residents +
Rural
100 Residents +
Remote
1 Residents +

Demographics