What is the median household income in Lancaster, WI?

The median household income in Lancaster, WI is $84,302 (±$13,102) a year (2020–2024 American Community Survey).

Paying the median gross rent of $806 a month would take about $32,200 a year at the common guideline of spending no more than 30% of income on rent.

In Lancaster, the median household income went from $54,835 in 2015–2019 to $84,302 in 2020–2024 (+53.7%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Figures last updated on .

Median household income
$84,302 (±$13,102)
Median renter income
$49,625 (±$37,218)
Income to afford median rent
about $32,200

Income in Lancaster against Grant County, its state and the nation

Income, estimate (90% margin of error)
LancasterGrant CountyWisconsinUnited States
Median household income$84,302 (±$13,102)$66,858 (±$2,270)$77,485 (±$455)$80,734
Median renter household income$49,625 (±$37,218)$37,820 (±$3,183)$48,374 (±$478)$52,966
Median owner household income$92,589 (±$8,104)$83,516 (±$2,427)$95,874 (±$462)$100,009
Median gross rent$806 (±$113)$813 (±$26)$1,087 (±$4)$1,413

In Lancaster, median household income is higher than in Grant County ($66,858).

It is not measurably different from Wisconsin ($77,485).

It is not measurably different from the national figure ($80,734).

In Grant County, Lancaster ranks 14 of 52 places with a published estimate, from highest to lowest median household income.

Statewide, it ranks 757 of 1,844.

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

How much you need to earn to rent in Lancaster

Many landlords and housing programs use 30% of gross income as the most a household should spend on rent.

At that guideline, the median gross rent of $806 a month ($9,672 a year) needs an income of about $32,200 a year.

The median renting household in Lancaster earns $49,625 a year.

This is arithmetic on the published medians, not a rule any landlord must follow; screening criteria vary and some places limit how income may be weighed.

Income against housing costs since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median household income$54,835 (±$7,181)$84,302 (±$13,102)+53.7%Up after inflation
Median gross rent$627 (±$126)$806 (±$113)+28.5%No measurable change after inflation
Median home value$134,900 (±$8,222)$204,000 (±$20,577)+51.2%Up 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.

Median household income in places near Lancaster

Nearest places with a published estimate, compared with Lancaster
PlaceDistanceMedian household incomeCompared with this place
Lancaster—$84,302 (±$13,102)—
Town of South Lancaster2.7 mi$77,500 (±$14,530)Not measurably different
Town of North Lancaster4.1 mi$101,000 (±$23,350)Not measurably different
Town of Ellenboro5.7 mi$86,500 (±$5,168)Not measurably different
Town of Liberty (Grant County)6.3 mi$98,125 (±$34,189)Not measurably different
Town of Little Grant7.9 mi$78,250 (±$11,663)Not measurably different
Town of Beetown8.2 mi$86,964 (±$11,787)Not measurably different
Fennimore9.6 mi$61,875 (±$9,153)Lower
Town of Mount Ida9.8 mi$66,538 (±$8,034)Lower

Nearby places with a measurably lower figure: Fennimore, WI ($61,875), Town of Mount Ida, WI ($66,538).

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

Median household income across Grant County, place by place

RankPlaceMedian household income
8Town of Clifton (Grant County)$91,250 (±$23,539)
9Montfort$90,000 (±$23,788)
10Town of Waterloo (Grant County)$87,857 (±$30,903)
11Town of Beetown$86,964 (±$11,787)
12Town of Ellenboro$86,500 (±$5,168)
13Town of Harrison (Grant County)$85,673 (±$9,115)
14Lancaster$84,302 (±$13,102)
15Town of Hazel Green$83,646 (±$12,010)
16Woodman$83,438 (±$26,830)
17Town of Woodman$82,750 (±$31,956)
18Town of Wingville$82,344 (±$9,902)
19Town of Platteville$82,321 (±$20,569)
20Town of Potosi$81,389 (±$6,364)

Showing 13 of 52 places in Grant County, ranked from highest to lowest.

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

Margins of error are at the 90% confidence level.

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Questions about Lancaster

What is the median household income in Lancaster?

The median household income in Lancaster is $84,302 (±$13,102) a year (2020–2024 American Community Survey).

How much do you need to make to afford rent in Lancaster?

About $32,200 a year, if rent is to stay at or below 30% of income at the median gross rent of $806 a month.

Have incomes in Lancaster kept up with inflation?

In Lancaster, the median household income went from $54,835 in 2015–2019 to $84,302 in 2020–2024 (+53.7%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

What do renters earn in Lancaster?

The median renting household in Lancaster, WI earns $49,625 (±$37,218) a year.

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, Wisconsin (place:42250, in state:55).

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

The 2015–2019 figures are B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M

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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