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 Rate | 7.9% |
| Poverty Rate | 21.3% |
| Gini Coefficient | 0.450 |
| Cost of Living Index | 90.2 |
Commute
| Mean Commute | 29 minutes |
| Drive Alone | 81.8% |
| Public Transit | 0.0% |
| Work From Home | 9.1% |
Businesses
| Total Establishments | 424 |
| Restaurants | 17 |
| Healthcare | 22 |
| Retail | 32 |
| Manufacturing | 9 |
Tax
| IRS Avg AGI | $62,265 |
| Avg Property Tax | $2,940 |
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