Financial Security
Median Home Value

Maintaining


Median Home Value

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What does this measure?

The home value reported by the homeowner to the Census Bureau, adjusted for inflation to 2018 dollars. The median represents the mid-point of home values (half the values are above the median and half below).

Why is this important?

A home is usually a person's or family's highest-valued possession. Home values are also an indicator of the region's cost of living, relative wealth, and general prosperity.

How does our county compare?

In 2014-18, the median home value for Lancaster County was $204,031, above the statewide median of $177,255 and slightly below the national median of $208,613. This represents a 12% increase since 2000, compared to a 22% state and national increase.

After Chester County, at $353,288, Lancaster County had the second highest median home value of surrounding counties, above Berks ($177,356), Cumberland ($201,486), Dauphin ($168,193), Lebanon ($172,266) and York ($176,338).

The City of Lancaster has median home values significantly below the County's median, at $113,826, a 3% increase from 2000.

Notes about the data

Figures for the region and surrounding counties were calculated by aggregating county medians based on each county's share of the region's population. Data are presented in 2018 dollars. Multi-year figures are from the Census Bureau's American Community Survey. The bureau combined five years of responses to the survey to provide estimates for smaller geographic areas and increase the precision of its estimates. The survey provides data on characteristics of the population that used to be collected only during the decennial census.

Because of limitations in available data, figures for 2000 are for single-family homes, but figures for ACS five years are for all owner-occupied housing units. For most counties in New York, the difference is not large enough to affect analysis of trends. Data for this indicator are expected to be released in the fourth quarter.

Median Home Value
20002009-132014-18
Pennsylvania$145,476$180,749$177,255
Lancaster County$181,538$206,539$204,031
Lancaster City$110,335$115,890$113,826
Lancaster County Boroughs
Adamstown borough$167,267$219,269$204,031
Akron borough$172,177$177,676$193,239
Columbia borough$114,324$111,061$104,663
Denver township$158,213$180,420$163,612
East Petersburg borough$170,336$183,163$184,891
Elizabethtown borough$170,336$185,687$173,488
Ephrata borough$151,307$169,884$155,263
Lititz borough$160,975$202,588$192,628
Manheim borough$154,837$176,579$159,336
Marietta borough$135,962$126,645$132,152
Millersville borough$173,405$185,358$168,295
Mount Joy borough$161,589$169,774$171,859
Mountville borough$163,277$180,749$190,694
New Holland borough$179,696$186,126$203,013
Quarryville borough$183,226$200,722$197,821
Strasburg borough$187,523$221,903$208,205
Terre Hill borough$166,806$220,586$195,479
Lancaster County Townships
Bart township$218,367$260,423$248,828
Brecknock township$206,705$247,144$221,950
Caernarvon township$218,060$270,300$263,795
Clay township$185,374$220,257$223,477
Colerain township$229,109$280,726$326,613
Conestoga township$185,221$208,953$207,900
Conoy township$182,459$197,540$187,639
Drumore township$197,344$235,950$243,738
Earl township$215,298$242,315$272,449
East Cocalico township$184,454$211,477$195,377
East Donegal township$174,019$192,711$194,461
East Drumore township$209,313$238,255$229,891
East Earl township$195,349$248,242$259,111
East Hempfield township$221,436$249,229$251,985
East Lampeter township$193,201$219,050$244,960
Eden township$197,344$245,169$244,552
Elizabeth township$195,656$222,013$209,834
Ephrata township$182,152$224,317$208,816
Fulton township$173,405$192,930$218,896
Lancaster township$170,950$185,468$176,440
Leacock township$233,866$277,324$285,990
Little Britain township$215,298$259,984$246,080
Manheim township$211,769$248,900$235,898
Manor township$177,088$193,918$190,490
Martic township$197,190$205,222$223,172
Mount Joy township$187,369$219,050$217,470
Paradise township$196,577$219,050$253,817
Penn township$187,830$235,072$216,554
Pequea township$190,745$217,184$229,586
Providence township$159,901$204,893$165,241
Rapho township$192,894$218,391$215,536
Sadsbury township$213,917$273,373$242,720
Salisbury township$201,794$271,068$272,042
Strasburg township$227,421$253,839$255,446
Upper Leacock township$204,096$230,792$224,495
Warwick township$197,497$226,622$233,658
West Cocalico township$191,973$218,720$206,475
West Donegal township$198,878$206,100$227,855
West Earl township$191,819$204,015$215,638
West Hempfield township$185,221$211,587$206,678
West Lampeter township$208,853$244,510$247,301
Berks County$160,208$187,224$177,356
Chester County$274,532$356,888$353,288
Cumberland County$178,776$202,478$201,486
Dauphin County$151,461$174,274$168,193
Lebanon County$152,228$180,310$172,266
York County$166,039$191,175$176,338

Source: U.S. Census Bureau
Notes: Figures in 2019 dollars. Multiyear results are from rolling American Community Survey. * Margin of error between 20% & 35% of estimate; ** margin of error between 35% & 50%; *** margin of error greater than 50%.








INDICATORS TREND
Prekindergarten Participation Increasing
Student Performance on Grade 3 English Not Applicable
Student Performance on Grade 3 Math Not Applicable
Student Performance on Grade 8 English Not Applicable
Student Performance on Grade 8 Math Not Applicable
Student Performance in Grade 11 English Not Applicable
Student Performance in Grade 11 Math Decreasing
Per-Student Spending Maintaining
Students Receiving Special Education Services Increasing
Rate of Foster Care Admissions Maintaining
Single-Parent Families by Race/Ethnicity Not Applicable
Disengaged Youth Maintaining
Plans of High School Graduates Not Applicable
Enrollment in Local Colleges Decreasing
College Graduation Rates Decreasing
Brain Drain/Gain Increasing
Education Levels of Adults by Race/Ethnicity Not Applicable
Average Charitable Giving Maintaining
Voter Registration Rate Not Applicable
Voter Participation Rate Decreasing
Age of Housing Stock Not Applicable
Violent Crime Rate Maintaining
Incarceration Rate Maintaining
Incarceration Rate by Race/Ethnicity Not Applicable
Population Density Increasing
Air Quality Increasing
Water Use Decreasing
Waterways Impaired by Pollution Not Applicable
Population by Age Not Applicable
Change in Population by Age and Gender Not Applicable
Population by Race/Ethnicity Not Applicable
People with Disabilities Increasing
Foreign-Born Population Increasing
Language Diversity Increasing
Change in Employment by Sector Not Applicable
Sector Share of Total Jobs Not Applicable
Workers by Occupation Not Applicable
Change in Labor Force Maintaining
People Entering/Leaving County/Region for Work Not Applicable
Average Salary by Sector Not Applicable
Change in Average Salary Since 2000 Increasing
Female to Male Earnings Ratio Maintaining
Employer Size Not Applicable
Change in Number of Businesses by Sector Increasing
Change in Total Agricultural Sales Increasing
Spending for Local Government Maintaining
Spending for School Districts Maintaining
Children Living in Poverty Increasing
Children in Poverty by Race/Ethnicity Not Applicable
People Living in Poverty Increasing
People Living in Poverty, by Race/Ethnicity Not Applicable
Veterans Living in Poverty Decreasing
Working Poor Maintaining
Median Household Income by Household Type Not Applicable
Median Household Income, by Race/Ethnicity Not Applicable
Living Wage Not Applicable
Unemployment Rate by Race/Ethnicity Not Applicable
Households Receiving SNAP by Race/Ethnicity Not Applicable
Household Receiving Temporary Assistance Increasing
Students Eligible for Free/Reduced Price Lunch Increasing
Median Home Value Maintaining
Occupied Housing Units Decreasing
Homeownership Rate, by Race/Ethnicity Not Applicable
Cost of Homeownership by Race/Ethnicity Not Applicable
Median Rent Maintaining
Cost of Renting Increasing
Households Without Vehicles Maintaining
Means of Transportation to Work, by Race/Ethnicity Not Applicable
People Without Health Insurance Decreasing
Early Prenatal Care by Mother's Race/Ethnicity Not Applicable
Health Status Maintaining
Prevalence of Mental Illness Maintaining
Adults Who are Overweight or Obese Not Applicable
Mortality Rates Decreasing
Fatal Drug Overdoses Increasing
Cancer Incidence Decreasing
Households With Internet Access Not Applicable
High-Tech Jobs Increasing
STEM Graduates Increasing
Science and Engineering Research and Development Maintaining
Single-Parent Families by Race/Ethnicity Not Applicable
Education Levels of Adults by Race/Ethnicity Not Applicable
Incarceration Rate by Race/Ethnicity Not Applicable
Population by Race/Ethnicity Not Applicable
Children in Poverty by Race/Ethnicity Not Applicable
People Living in Poverty, by Race/Ethnicity Not Applicable
Median Household Income, by Race/Ethnicity Not Applicable
Unemployment Rate by Race/Ethnicity Not Applicable
Households Receiving SNAP by Race/Ethnicity Not Applicable
Homeownership Rate, by Race/Ethnicity Not Applicable
Cost of Homeownership by Race/Ethnicity Not Applicable
Early Prenatal Care by Mother's Race/Ethnicity Not Applicable


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