Lancaster, KY

Full City Profile · Kentucky · Garrard County County

2.5 /5.0
C+ Fair
3,960 Population 1,571/sq mi density
$45,795 Median Income $22,431 per capita
$134,700 Home Value $253,155 Zillow
$768 Median Rent 32.6% income on rent
55°F Avg Temperature
98 Violent Crime/100K 975 property/100K
C+
Overall
2.5 / 5.0
Fair overall score based on economy, affordability, safety and education
D
Economy
1.9 / 5.0
$45,795 median income, 15.3% unemployment
A+
Affordability
5.0 / 5.0
$134,700 home value, $768/mo rent
F
Safety
1.0 / 5.0
98 violent crimes/100K
C
Education
2.0 / 5.0
12.7% bachelor's degree or higher

Lancaster, KY

At a Glance

Median Income
$45,795
39% below
$22,431 per capita
Home Value
$134,700
52% below
Zillow: $253,155
Median Rent
$768/mo
34% below
32.6% of income on rent
Violent Crime
98/100K
74% below
975/100K property
Bachelor's Degree+
12.7%
62% below
81.7% high school+
Unemployment
15.3%
325% above
21.3% poverty rate
Obesity Rate
31.0%
3% below
20.7% smoking rate
Avg Temperature
55°F

How Lancaster Compares to the U.S. Average

Each bar shows Lancaster's value as a percentage of the national average (100% = U.S. avg)

Income
61%
Home Value
48%
Rent
66%
Poverty
172%
Bachelor's
38%
Unemployment
425%
Crime
26%
Thin vertical line = U.S. national average (100%)

Is Lancaster a Good Place to Live?

C+
2.5 / 5.0 - Fair
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Lancaster residents earn a median household income of $45,795 , which is 39% below the national average of $75,149. Per capita income is $22,431. The unemployment rate stands at 15.3% (325% above the U.S. rate of 3.6%). 21.3% of residents live below the poverty line. The area is home to 424 business establishments, including 17 restaurants.

Housing & Cost of Living

The median home value in Lancaster is $134,700 , 52% below the national median of $281,900. Zillow estimates the typical home at $253,155. Median rent is $768/month, with 32.6% of renters spending more than 30% of income on housing. The cost of living index is 90.2 (100 = national average). The median home was built in 1971.

Safety & Crime

Lancaster reports 98 violent crimes per 100,000 residents , which is 74% below the national average of 380/100K. Property crime is 975/100K.

Education

12.7% of adults in Lancaster hold a bachelor's degree or higher (62% below the national average). 81.7% have completed high school. Local schools score 5.3/10 in standardized testing.

Climate & Weather

Lancaster has an average annual temperature of 55°F (13°C). Winters average 33°F in January while summers reach 76°F in July. Annual precipitation totals 47.9 inches.

Data Overview

People

Population3,960
Median Age33.4 yrs
Density1,571/mi²
Male / Female42% / 58%
Foreign Born0.5%
Veterans7.9%

Economy

D
Median Income$45,795
Per Capita$22,431
Unemployment15.3%
Poverty21.3%
County GDP$432M
Avg Weekly Wage$930

Housing

A+
Home Value$134,700
Rent$768
Ownership51.5%
Zillow$253,155
Housing Units1,628
Rent Burden32.6%

Crime

F
Violent98/100K
Property975/100K

Health

Obesity31.0%
Diabetes10.6%
Smoking20.7%
Heart Disease6.7%
Premature Death11,374/100K

Climate

Avg Temp55°F
Rain47.9 in/yr
Elevation978 ft

Education

C
Bachelor's+12.7%
High School+81.7%
Graduate+7.9%
School Score5.3/10

Community

2024 VoteR 79% / D 19%
Commute29 min
Broadband86.4%
Internet Speed64 Mbps
EV Stations1
Libraries2

Did You Know?

Lancaster was founded in 1797.
The median home in Lancaster was built in 1971.
The nearest airport is Lake Cumberland Regional (39 miles).
The Gini coefficient (income inequality) is 0.450 (U.S. avg: 0.490).
Natural hazard risk is rated "Very Low" by FEMA.
23.4% of the population has a disability.
The county recorded 3 fatal vehicle crashes.