Lancaster is a city in Pennsylvania state in USA with a population of 59321 residents.. The poverty rate of Lancaster is 20.6%, which is 47% higher than national average. The typical household in Lancaster earns $49628 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 5 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 13 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 50.5% 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 79% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Lancaster remained 6.3%, which is 34% 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 23% of adults have a bachelor's degree and 23% have some college but no degree.

Cost of living in Lancaster is 93, which is 7% lower than national average. Median home value in Lancaster is $127500 , which is 45% lower than national average. While median income in Lancaster remained $49628, which is 26% lower than national average.