Kentucky · Census place 43840
Lancaster city, KY
Quick answer
Lancaster city has 3,960 residents, ranking #102 of 554 places in Kentucky. Median household income is $45,795, the median home is worth $134,700 and median gross rent runs $768 a month.
- Population
- 3,960Lancaster city residents
- Median household income
- $45,795Past 12 months, inflation adjusted
- Median home value
- $134,700Owner-occupied units
- Median gross rent
- $768Rent plus utilities, monthly
- Median age
- 33.4 yrsAll residents
- Homeownership rate
- 51.5%Owner-occupied households
What the numbers mean in Lancaster city
Housing cost measured against local earnings.
A household earning the Lancaster city median would spend about 20.1% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 2.9× the median household income; nationally that ratio sits near 4.5×. Poverty affects 25.1% of residents and 51.5% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Kentucky.
- Ludlow city 4,378
- Paintsville city 4,256
- Crittenden city 4,058
- Williamstown city 3,929
- Carrollton city 3,894
- Prestonsburg city 3,823
- Grayson city 3,820
Keep going
More Kentucky coverage.