Lancaster County
Pennsylvania · Pop. 552,984
Ranked #47 of 200 counties
52Moderate
Median Home Price
🏠$310K
4.2% YoY
Median Rent
🔑$1,350
Median Income
💰$65K
Rent Burden
📊27.5%
% of income to rent
Housing Shortage
🏗️6,000
estimated unit deficit
Building Permits (2024)
📋3,200
Price-to-Income Ratio
⚖️4.8x
Homeownership Rate
🏡68.0%
How Lancaster County Compares
| Metric | Lancaster County | Pennsylvania | National |
|---|---|---|---|
| Home Price | $310K | $260K | $410K |
| Rent | $1,350 | $1,197 | $1,500 |
| Income | $65K | $74K | $75K |
| Rent Burden | 27.5% | 31.5% | 30.0% |
| Homeownership | 68.0% | 69.0% | 65.0% |
Key Takeaways
- • Home prices are 24% below the national average.
- • Rent is 10% below the national average.
- • The county has an estimated housing shortage of 6,000 units.
- • 3,200 building permits were issued in 2024.
- • Year-over-year home prices changed by 4.2%.