HomeKentuckyGarrard CountyLancaster
Lancaster, Kentucky: commercial real estate data.
Lancaster is a Census city of 4,013 people across 2.52 square miles of land, in Garrard County. Median household income is $43,898, 54.6 percent of occupied homes are owned, and the SBA record carries 12 7(a) approvals to borrowers here worth $3.5 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Lancaster
What Lancaster is
- Census place typecity
- Land area2.52 sq mi
- Water area0.02 sq mi
- Population per square mile of land1,590
- County holding the largest share of its areaGarrard County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lancaster
How many people live in Lancaster
- Population4,013
- Median age34.0
- Population under 181,080
- Share under 1826.9 percent
- Population 65 and over697 plus or minus 183
- Share 65 and over17.4 percent plus or minus 4.6
- Households1,494
- Family households948
- Share of households that are families63.5 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lancaster
Income and work in Lancaster
- Median household income$43,898 plus or minus $10,264
- Per capita income$23,631 plus or minus $5,705
- Civilian labor force1,695
- Employed1,496
- Unemployed199 plus or minus 114
- Unemployment rate11.7 percent plus or minus 6.5
- Adults 25 and over2,577
- Adults 25 and over with a high school diploma or higher84.4 percent
- Adults 25 and over with a bachelor degree or higher13.2 percent plus or minus 4.9
- Adults 25 and over with a graduate degree9.3 percent plus or minus 4.1
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lancaster
Housing in Lancaster
- Housing units1,642
- Occupied units1,494
- Vacant units148 plus or minus 106
- Vacancy rate9.0 percent plus or minus 6.4
- Owner occupied815
- Renter occupied679
- Ownership rate54.6 percent
- Median owner-occupied home value$175,300 plus or minus $44,114
- Median gross rent, monthly$801
- Annual rent as a share of median income21.9 percent plus or minus 5.5
- Single family units1,349
- Share single family82.2 percent
- Units in buildings of two or more257 plus or minus 91
- Share in buildings of two or more15.7 percent plus or minus 5.3
- Mobile homes36 plus or minus 39
- Median year structure built1968
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lancaster
How Lancaster gets to work
- Workers 16 and over who commute1,357
- Commuting under 15 minutes418 plus or minus 170
- Share commuting under 15 minutes30.8 percent plus or minus 11.5
- Commuting 30 minutes or more512 plus or minus 142
- Share commuting 30 minutes or more37.7 percent plus or minus 8.5
- Drove alone79.7 percent
- Carpooled11.3 percent plus or minus 4.5
- Public transport0.0 percent
- Walked0.0 percent
- Worked from home9.0 percent plus or minus 5.8
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lancaster
SBA loans in Lancaster (7(a))
- Approvals12
- Gross approval$3,534,300
- Average approval$294,525
- Median approval$237,500
- Largest approval$640,000
- Jobs supported43
- Jobs per approval3.6
- Loans with a final outcome5
- Paid in full5
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises0.0 percent
- Distinct lenders4
- Distinct industries by NAICS7
Counted by borrower city: approvals to borrowers whose address is in Lancaster, in any county, FY2020 to FY2026. Only 5 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Lancaster
Flood risk in Lancaster
- NFIP communityCity of Lancaster
- NFIP community number210082
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date(NSFHA)
The City of Lancaster participates in the National Flood Insurance Program as community 210082 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Garrard County, not Lancaster
Garrard County context, not Lancaster figures
- Establishments in Garrard County251
- Covered employment, Garrard County2,759
- Average annual pay, Garrard County$48,370
- Housing units permitted, Garrard County0
Every figure in this section is published for Garrard County as a whole and is not a measurement of Lancaster.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Lancaster questions, answered from the record.
How many people live in Lancaster, Kentucky?
4,013, in 1,494 households. Lancaster city covers 2.52 square miles of land, which is 1,590 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Lancaster in?
Garrard County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Lancaster?
$43,898. The median owner-occupied home is valued at $175,300. Median gross rent is $801 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Lancaster businesses?
12 7(a) approvals totaling $3.5 m since FY2020, across 4 lenders, median approval $237,500. These count approvals to borrowers whose address is in Lancaster, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Lancaster borrowers get paid back?
No rate is published for Lancaster. Only 5 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Lancaster in the National Flood Insurance Program?
Yes. Lancaster appears in the FEMA Community Status Book as Lancaster, city of, community 210082, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Lancaster figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Garrard County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Lancaster.
Is zoning published for Lancaster?
No. Nothing on this page presents parcel level zoning.