Lancaster is a city in Ohio state in USA with a population of 40438 residents.. The poverty rate of Lancaster is 16.3%, which is 16% higher than national average. The typical household in Lancaster earns $44794 a year, compared to the national median of $67,500. Nearly 54% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Lancaster, only 88% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Lancaster remained 4.8%, which is 2% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Lancaster, only 18% of adults have a bachelor's degree and 30% have some college but no degree.

Cost of living in Lancaster is 86, which is 14% lower than national average. Median home value in Lancaster is $131700 , which is 43% lower than national average. While median income in Lancaster remained $44794, which is 34% lower than national average.