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The total population of Lancaster town is estimated to be 44,913 with 22,007 males (49.00%) and 22,906 females (51.00%). There are 899 more females than males in Lancaster town.
The median household income in Lancaster town was $86,374 in 2021, which marked an an increase of 420(0.49%) from $85,954 in 2020. This income is 115.77% 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 town sees its highest median household income among householders in the age group of 45 to 64 years old, at $101,525. Overall, the median household income for the town of Lancaster town stands at $86,374.
In Lancaster town, the median income for all workers aged 15 years and older, regardless of work hours, was $58,028 for males and $38,144 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $73,090 for males and $58,189 for females.
In Lancaster town, there are just two different racial groups among households. Among these, White households report a median household income of $86,633, while Asian households have a median household income of $63,788.
In 2022, the population of Lancaster town was 45,114, a 0.14% decrease year-by-year from 2021. Previously, in 2021, Lancaster town's population was 45,179, an increase of 0.32% compared to a population of 45,037 in 2020.
The median age in Lancaster Town, New York is 45.9, as per 2021 ACS 5-Year Estimates. Of the total population, 15.31% were under the age of 15, 16.35% aged 15 to 29, 48.65% aged 30 to 64, 17.29% aged 65 to 84, and 2.40% were 85 years of age and older.
Racial distribution of Lancaster town population: 96% are White, 1.84% are Black or African American, 0.04% are American Indian and Alaska Native, 0.67% are Asian, 0.24% are some other race and 1.21% are multiracial.