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The total population of Lancaster is estimated to be 353 with 188 males (53.26%) and 165 females (46.74%). There are 23 less females than males in Lancaster.
The median household income in Lancaster was $62,828 in 2021, which marked an an increase of 3,671(6.21%) from $59,157 in 2020. This income is 84.21% 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 25 to 44 years old, at $88,275. Overall, the median household income for the city of Lancaster stands at $62,828.
In Lancaster, the median income for all workers aged 15 years and older, regardless of work hours, was $45,189 for males and $33,779 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $53,100 for males and $40,759 for females.
In Lancaster, population is primarily represented by White households, reporting a median income of $62,659.
In 2022, the population of Lancaster was 349, a 2.51% decrease year-by-year from 2021. Previously, in 2021, Lancaster's population was 358, a decline of 0.83% compared to a population of 361 in 2020.
The median age in Lancaster, MN is 38.8, as per 2021 ACS 5-Year Estimates. Of the total population, 28.50% were under the age of 15, 13.21% aged 15 to 29, 38.86% aged 30 to 64, 18.65% aged 65 to 84, and 0.78% were 85 years of age and older.
Racial distribution of Lancaster population: 99.22% are White and 0.78% are multiracial.