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The total population of Lancaster is estimated to be 3,943 with 1,700 males (43.11%) and 2,243 females (56.89%). There are 543 more females than males in Lancaster.
The median household income in Lancaster was $46,091 in 2021, which marked an an increase of 594(1.31%) from $45,497 in 2020. This income is 61.78% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Lancaster sees its highest median household income among householders in the age group of 45 to 64 years old, at $68,663. Overall, the median household income for the city of Lancaster stands at $46,091.
In Lancaster, the median income for all workers aged 15 years and older, regardless of work hours, was $26,760 for males and $18,343 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $38,872 for males and $49,300 for females.
In Lancaster, there are just two different racial groups among households. Among these, Black or African American households report a median household income of $47,033, while White households have a median household income of $45,915.
In 2022, the population of Lancaster was 4,010, a 0.70% increase year-by-year from 2021. Previously, in 2021, Lancaster's population was 3,982, an increase of 2.05% compared to a population of 3,902 in 2020.
The median age in Lancaster, KY is 36.2, as per 2021 ACS 5-Year Estimates. Of the total population, 22.03% were under the age of 15, 19.35% aged 15 to 29, 42.13% aged 30 to 64, 13.19% aged 65 to 84, and 3.30% were 85 years of age and older.
Racial distribution of Lancaster population: 89.23% are White, 9.15% are Black or African American, 0.18% are some other race and 1.43% are multiracial.