What does this measure?
The home value reported by the homeowner to the Census Bureau, adjusted for inflation to 2023 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 2019-23, the median home value for Lancaster County was $279,400, above the statewide median of $240,500 and slightly below the national median of $303,400. This represents a 14% increase since 2009-13, compared to a 12% state and 31% national increase.
After Chester County, at $461,800, Lancaster County had the second highest median home value of surrounding counties, above Cumberland ($261,900), Berks ($239,700), York ($235,000), Lebanon ($227,300) and Dauphin ($222,300).
The City of Lancaster's median home value of $203,700 is below the County's median, but increased 47% from 2009-13.
Notes about the data
Data are presented in 2023 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.
| 2009-13 | 2014-18 | 2019-23 | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Pennsylvania | $215,424 | $211,259 | $240,500 | ||||||||||||||||
| Lancaster County | $246,161 | $243,172 | $279,400 | ||||||||||||||||
| Lancaster City | $138,122 | $135,662 | $203,700 | ||||||||||||||||
| Lancaster County School Districts | |||||||||||||||||||
| Lancaster County Boroughs | |||||||||||||||||||
| Lancaster County Townships | |||||||||||||||||||
| Berks County | $223,141 | $211,380 | $239,700 | ||||||||||||||||
| Chester County | $425,354 | $421,062 | $461,800 | ||||||||||||||||
| Cumberland County | $241,321 | $240,139 | $261,900 | ||||||||||||||||
| Dauphin County | $207,706 | $200,459 | $222,300 | ||||||||||||||||
| Lebanon County | $214,900 | $205,313 | $227,300 | ||||||||||||||||
| York County | $227,849 | $210,167 | $235,000 | ||||||||||||||||
Notes: Figures in 2023 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 |
|---|---|
| Children Living in Poverty | Decreasing |
| Children in Poverty by Race/Ethnicity | Not Applicable |
| People Living in Poverty | Decreasing |
| People Living in Poverty, by Race/Ethnicity | Not Applicable |
| Veterans Living in Poverty | Increasing |
| Working Poor | Maintaining |
| Median Household Income by Household Type | Not Applicable |
| Median Household Income | Maintaining |
| 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 | Maintaining |
| Students Eligible for Free/Reduced Price Lunch | Increasing |
| Median Home Value | Maintaining |
| Occupied Housing Units | Increasing |
| Homeownership Rate, by Race/Ethnicity | Not Applicable |
| Cost of Homeownership by Race/Ethnicity | Not Applicable |
| Median Rent | Maintaining |
| Cost of Renting | Decreasing |
| Households Without Vehicles | Maintaining |
| Means of Transportation to Work, by Race/Ethnicity | Not Applicable |
