Living in Lancaster, Texas
Cost of living, income, home prices, rent and demographics of Lancaster · Census data 2020–2024
Lancaster has 40,820 residents with a median age of 35.7. The median household income is $68,302 (13% lower than the Texas median), the median home value is $246,300, the median rent is $1,704/month.
Lancaster at a glance
- Population
- 40,820
- Median age
- 35.7State: 35.6
- Median household income
- $68,302State: $78,476
- Median home value
- $246,300State: $283,800
- Median rent
- $1,704/moState: $1,403
- Homeowners
- 68.1%
- Bachelor's degree or higher
- 25.3%
- Average commute
- 29 min
Is Lancaster a good place to live?
Pros: Home values 13% lower than the state median.
Cons: Median household income 13% lower than the Texas median; an average commute of 29 minutes; unemployment of 7.2%; a poverty rate of 15%.
The weather is best in March to May and October.
Cost of living in Lancaster
Housing is the biggest part of the cost of living. In Lancaster the median home value is $246,300, 26% lower than the U.S. median. Renters pay a median of $1,704 per month, which is 42.7% of household income. Homeowners with a mortgage pay $1,828 a month in housing costs.
Lancaster median household income
The median household income in Lancaster is $68,302 and the income per person is $31,689. 15% of residents live below the poverty line (Texas: 13.8%).
Housing in Lancaster: homes for sale and rent
- Housing units
- 15,458
- Owner-occupied
- 68.1%
- Renter-occupied
- 31.9%
- Vacant
- 4.6%Includes seasonal homes
- Median year built
- 1991
- Average household size
- 2.74
Lancaster demographics
- Population
- 40,820
- Median age
- 35.7
- Under 18
- 28.1%
- 65 and older
- 12.1%
- Households
- 14,748
- Foreign-born
- 8.1%
- Veterans
- 8.4%Adults 18+
Hispanic or Latino can be of any race. Population history of Lancaster ›
Education in Lancaster
25.3% of adults 25 and older in Lancaster have a bachelor's degree or higher (Texas: 33.8%), and 9.8% have a graduate or professional degree.
Jobs and commute in Lancaster
- Unemployment rate
- 7.2%State: 5.3%
- Average commute
- 29 minState: 27 min
- Work from home
- 8.9%
- Drive alone
- 76.2%
- Public transit
- 0.2%
- Walk to work
- 0.4%
- Homes with broadband
- 90.6%
Lancaster vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Lancaster | 40,820 | $68,302 | $246,300 | $1,704 |
| Bear Creek Ranch | 1,604 | $81,250 | $291,300 | — |
| Hutchins | 7,496 | $47,829 | $235,200 | $1,396 |
| DeSoto | 56,211 | $82,782 | $319,400 | $1,666 |
| Wilmer | 6,391 | $59,626 | $157,200 | $1,364 |
| Glenn Heights | 18,096 | $81,718 | $309,600 | $1,675 |
| Red Oak | 17,077 | $104,561 | $366,100 | $1,920 |
| Ferris | 3,238 | $89,722 | $261,800 | $1,295 |
| Ovilla | 4,375 | $131,434 | $446,700 | — |
More for people moving to Lancaster
Lancaster ZIP code ›Weather and climate ›Living in Lancaster: FAQ
What is the median household income in Lancaster, TX?
The median household income in Lancaster is $68,302, 13% lower than the Texas median of $78,476 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Lancaster?
The median home value in Lancaster is $246,300, compared with $283,800 in Texas.
How much is rent in Lancaster?
The median gross rent in Lancaster is $1,704 per month, about 42.7% of household income.
Is Lancaster, TX a good place to live?
Pluses: home values 13% lower than the state median. Minuses: median household income 13% lower than the Texas median; an average commute of 29 minutes; unemployment of 7.2%; a poverty rate of 15%.
What is the median age in Lancaster?
The median age in Lancaster is 35.7 years (Texas: 35.6).
How long is the commute in Lancaster?
The average commute to work in Lancaster is 29 minutes; 8.9% of workers work from home.
What is the unemployment rate in Lancaster?
The unemployment rate in Lancaster is 7.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Lancaster?
25.3% of adults in Lancaster have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
Last updated: