HomeSouth CarolinaLancaster CountyLancaster city
Lancaster city, South Carolina: commercial real estate data.
Lancaster city is a Census city of 8,921 people across 7.20 square miles of land, in Lancaster County. Median household income is $46,311, 50.5 percent of occupied homes are owned, and the SBA record carries 25 7(a) approvals to borrowers here worth $13.2 m.
76 sourced place values · tier FULL · 8 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Lancaster
What Lancaster is
- Census place typecity
- Land area7.2 sq mi
- Water area0.01 sq mi
- Population per square mile of land1,239
- County holding the largest share of its areaLancaster 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
- Population8,921
- Median age40.4
- Population under 182,059
- Share under 1823.1 percent
- Population 65 and over1,858
- Share 65 and over20.8 percent
- Households3,646
- Family households2,066
- Share of households that are families56.7 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$46,311
- Per capita income$27,460
- Civilian labor force4,058
- Employed3,668
- Unemployed390 plus or minus 237
- Unemployment rate9.6 percent plus or minus 5.8
- Adults 25 and over6,335
- Adults 25 and over with a high school diploma or higher80.2 percent
- Adults 25 and over with a bachelor degree or higher21.1 percent
- Adults 25 and over with a graduate degree9.3 percent plus or minus 3.2
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lancaster
Housing in Lancaster
- Housing units4,141
- Occupied units3,646
- Vacant units495 plus or minus 154
- Vacancy rate12.0 percent plus or minus 3.6
- Owner occupied1,841
- Renter occupied1,805
- Ownership rate50.5 percent
- Median owner-occupied home value$239,100
- Median gross rent, monthly$868
- Annual rent as a share of median income22.5 percent
- Single family units2,873
- Share single family69.4 percent
- Units in buildings of two or more1,133 plus or minus 256
- Share in buildings of two or more27.4 percent plus or minus 5.9
- Mobile homes135 plus or minus 119
- Median year structure built1972
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 commute3,353
- Commuting under 15 minutes912 plus or minus 221
- Share commuting under 15 minutes27.2 percent plus or minus 6.1
- Commuting 30 minutes or more1,673 plus or minus 338
- Share commuting 30 minutes or more49.9 percent
- Drove alone80.7 percent
- Carpooled9.5 percent plus or minus 3.9
- Public transport0.0 percent
- Walked0.9 percent plus or minus 1.1
- Worked from home6.2 percent plus or minus 3.4
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lancaster
SBA loans in Lancaster (7(a))
- Approvals25
- Gross approval$13,221,700
- Average approval$528,868
- Median approval$200,000
- Ninetieth percentile approval$1,365,000
- Largest approval$5,000,000
- Jobs supported186
- Jobs per approval7.4
- Loans with a final outcome2
- Paid in full1
- Charged off1
- Median term120 months
- Share on real estate terms of 20 years or more28.0 percent
- Share to franchises16.0 percent
- Distinct lenders14
- Distinct industries by NAICS21
A charge-off rate is not published here. only 2 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Lancaster
SBA loans in Lancaster (504)
- Approvals2
- Gross approval$1,798,000
- Average approval$899,000
- Median approval$1,274,000
- Largest approval$1,274,000
- Jobs supported62
- Loans with a final outcome0
- Charged off0
- Median term240 months
- Distinct CDCs2
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Lancaster County, not Lancaster
Lancaster County context, not Lancaster figures
These are Lancaster County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Lancaster measurements.
- Establishments in Lancaster County1,769
- Employment at those establishments, Lancaster County26,805
- Covered employment, Lancaster County28,110
- Average annual pay, Lancaster County$64,550
- Average weekly wage, Lancaster County$1,241
- Housing units permitted, Lancaster County997
- Of those, single family, Lancaster County997
- County product, 2024, Lancaster County$5,253,075,000
- County product change over the prior year, Lancaster County10.8 percent
- Average income of an arriving household, Lancaster County$93,684
Every figure in this section is published for Lancaster County as a whole and is not a measurement of Lancaster. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
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. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Lancaster questions, answered from the record.
How many people live in Lancaster, South Carolina?
8,921, in 3,646 households. Lancaster city covers 7.20 square miles of land, which is 1,239 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?
Lancaster 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?
$46,311. The median owner-occupied home is valued at $239,100. Median gross rent is $868 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?
25 7(a) approvals totalling $13.2 m, across 14 lenders, median approval $200,000, plus 2 504 approvals worth $1.8 m. 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 2 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Lancaster figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Lancaster 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?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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