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Lancaster, KY

Full City Profile · Kentucky · Garrard County County

2.6 /5.0
C+ Fair
3,960 Population 1,571/sq mi density
$45,795 Median Income $22,431 per capita
$134,700 Home Value $268,929 Zillow
$768 Median Rent 32.6% income on rent
55°F Avg Temperature 305 sunny days/yr
207 Violent Crime/100K 2,123 property/100K
C+
Overall
2.6 / 5.0
Fair overall score based on economy, affordability, safety and education
C
Economy
2.2 / 5.0
$45,795 median income, 7.9% unemployment
A+
Affordability
5.0 / 5.0
$134,700 home value, $768/mo rent
F
Safety
1.0 / 5.0
207 violent crimes/100K
C
Education
2.0 / 5.0
12.7% bachelor's degree or higher

Income Overview

Median Household Income
$45,795
39% below
US avg: $75,149
Per Capita Income
$22,431
43% below
US avg: $39,052
Unemployment Rate
7.9%
119% above
US avg: 3.6%
Poverty Rate
21.3%
72% above
US avg: 12.4%

Income Comparison: Lancaster vs. U.S. Average

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

Median Household
US: $75,149
$45,795
61%
Per Capita
US: $39,052
$22,431
57%
IRS Avg AGI
US: $72,000
$62,265
86%
Avg Weekly Wage
US: $1,432
$930
65%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$930
35% below US avg ($1,432)
Mean Commute Time
29 min
5% above US avg (28 min)
Work From Home
9.1%
40% below US avg (15.2%)
Drive Alone
81.8%
12% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$432M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 81.8%
Public Transit 0%
Work From Home 9.1%
Other 9.1%
Average commute time
29 minutes
US avg: 28 min

Business Landscape

Total Establishments
424
Restaurants
17
Healthcare
22
Retail
32
Manufacturing
9

Tax & Financial

IRS Avg Adjusted Gross Income
$62,265
14% below US avg ($72,000)
Avg Property Tax
$2,940
16% below US avg ($3,500)
Cost of Living Index
90.2
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$45,795
Per Capita Income$22,431
IRS Avg Adjusted Gross Income$62,265
Avg Weekly Wage$930
County GDP$432M

Hardship Indicators

Unemployment Rate7.9%
Poverty Rate21.3%
Gini Coefficient0.450
Cost of Living Index90.2

Commute

Mean Commute29 minutes
Drive Alone81.8%
Public Transit0.0%
Work From Home9.1%

Businesses

Total Establishments424
Restaurants17
Healthcare22
Retail32
Manufacturing9

Tax

IRS Avg AGI$62,265
Avg Property Tax$2,940