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Lancaster County

Learn about the people, housing, costs and businesses in Lancaster County County

Median Home$331,912
Median Rent$1,035/month
Population10,936
Leading IndustriesHealthcare · Arts, Food & Hospitality · Wholesale Trade20% healthcare
Home Value Growth⬆⬆⬆+23.6% over 2 years
Retirees40% of residentstop 1% nationally
Homeowners81% of occupied units
NotableVeteran Community11% of residents · top 7% nationally
NotableHighly Educated24% bachelor's · 10% graduate · top 10% nationally
Lancaster County
VA

Frequently Asked Questions

What are today's mortgage rates in Lancaster County?

As of today, the 30-year fixed mortgage rate for Lancaster County is approximately 6.953% (6.977% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Lancaster County
What is the median home price in Lancaster County?

The median home value in Lancaster County is $332k. The median monthly rent is $1,035. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Lancaster County?

Home values in Lancaster County have increased 23.6% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Lancaster County?

Based on a typical all-in ownership cost of $944/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $40k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Lancaster County is $73k/year.

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What industries drive the economy in Lancaster County?

The largest employment sectors in Lancaster County are public administration (24%) and healthcare (20%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

🗺️ Nearby Areas

Adjacent counties and areas