Lancaster County, Virginia
Income Data
At a Glance
How Lancaster County Compares
Detailed Income Statistics
Data Story
About Household Income in Lancaster County, Virginia
Lancaster trails nation but earns respectably
Lancaster County's median household income of $67,169 falls below the national median of $74,755 by $7,586, representing a 10% shortfall. Despite this gap, Lancaster residents still earn more than many rural American counties, reflecting a stable if modest economic base.
Below-average income for Virginia
Lancaster County's median household income of $67,169 lags Virginia's state average of $74,957 by roughly $7,800. The county ranks in the lower-to-middle range of Virginia's 95 counties and cities for household earnings.
Lowest earner in eastern corridor
Lancaster County's $67,169 median household income is the lowest among its immediate eastern Virginia neighbors, trailing King and Queen ($72,851), King William ($85,212), and King George ($110,517). The county faces steeper economic headwinds than wealthier neighboring communities.
Housing costs tight despite modest home values
At 17.5% of household income, Lancaster's rent-to-income ratio approaches the comfort threshold, though median home values of $307,600 suggest a supply of premium properties that may inflate local costs. Lower-income households in Lancaster face tighter housing affordability pressures than county medians indicate.
Prioritize savings in lower-income county
Lancaster residents earning near the median should treat housing affordability seriously and limit mortgage obligations to under 30% of gross income. Building an emergency fund of 6-12 months of expenses becomes especially critical for households with below-average incomes, before pursuing aggressive investment strategies.
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Compare RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.