What percentage of people rent in Lancaster, KY?

45.4% (±7.9 points) of the occupied homes in Lancaster, KY are rented (2020–2024 American Community Survey).

That is 679 renting households against 815 that own their home.

In Lancaster, the share of households that rent went from 51.1% in 2015–2019 to 45.4% in 2020–2024 (−5.7 percentage points), not a measurable change.

Figures last updated on .

Households that rent
45.4% (±7.9 points)
Renting households
679 (±121)
Median renter income
$26,942 (±$6,578)

Who rents and who owns in Lancaster

Tenure, estimate (90% margin of error)
LancasterGarrard CountyKentuckyUnited States
Renter-occupied share45.4% (±7.9 points)20.1% (±3.0 points)31.7% (±0.3 points)34.8%
Renting households679 (±121)1,346 (±209)574,561 (±5,417)45,017,354
Owning households815 (±146)5,349 (±229)1,239,908 (±8,203)84,210,142
Average renter household size2.8 (±0.4)2.7 (±0.3)2.2 (±0.0)2.3
Average owner household size2.5 (±0.3)2.6 (±0.1)2.5 (±0.0)2.6
Median renter household income$26,942 (±$6,578)$38,147 (±$8,307)$39,858 (±$584)$52,966
Median owner household income$70,949 (±$10,931)$71,293 (±$3,997)$78,998 (±$476)$100,009

In Lancaster, the renter share is higher than in Garrard County (20.1%).

It is also higher than in Kentucky (31.7%).

It is higher than the national figure (34.8%).

Statewide, it ranks 102 of 448.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in Lancaster has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent51.1% (±6.1 points)45.4% (±7.9 points)−5.7 percentage pointsNot a measurable change
Median gross rent$685 (±$37)$801 (±$71)+16.9%No measurable change after inflation
Median household income$31,917 (±$5,497)$43,898 (±$10,264)+37.5%No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Households that rent in places near Lancaster

Nearest places with a published estimate, compared with Lancaster
PlaceDistanceHouseholds that rentCompared with this place
Lancaster—45.4% (±7.9 points)—
Stanford7.2 mi32.7% (±9.8 points)Lower
Danville11 mi43.6% (±3.8 points)Not measurably different
Crab Orchard11 mi39.1% (±11.8 points)Not measurably different
Junction City12 mi23.3% (±8.3 points)Lower
Burgin14 mi14.0% (±9.1 points)Lower
Berea16 mi41.3% (±4.1 points)Not measurably different
Hustonville16 mi27.1% (±11.0 points)Lower
Brodhead17 mi55.1% (±10.0 points)Not measurably different

Nearby places with a measurably lower figure: Stanford, KY (32.7%), Junction City, KY (23.3%), Burgin, KY (14.0%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

What you can do on Seayora in Lancaster

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Questions about Lancaster

How many renters are there in Lancaster?

Lancaster has an estimated 679 (±121) renting households, 45.4% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Lancaster?

In Lancaster, the share of households that rent went from 51.1% in 2015–2019 to 45.4% in 2020–2024 (−5.7 percentage points), not a measurable change.

How big are renting households in Lancaster?

A renting household in Lancaster has 2.8 people on average, against 2.5 in an owned home.

How much do renters earn in Lancaster?

The median renting household in Lancaster, KY has an income of $26,942 (±$6,578) a year, against $70,949 for households that own their home.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Lancaster city, Kentucky (place:43840, in state:21).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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