Lancaster is a city in South Carolina state in USA with a population of 9187 residents.. The poverty rate of Lancaster is 34.9%, which is 149% higher than national average. The typical household in Lancaster earns $29615 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 3 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 7 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 64.9% of households earn less than $50,000 a year compared to 39% national rate. With a lack of available jobs, many in Lancaster are struggling financially. Nearly one in every 1 in every 4 workers in Lancaster is unemployed. The high jobless rate has likely contributed to the widespread poverty in the city.

A high school education is a basic prerequisite for most jobs, and in Lancaster, only 78% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Lancaster remained 22.3%, which is 374% higher than national rate. Nearly 5 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Lancaster, only 14% of adults have a bachelor's degree and 33% have some college but no degree.

Cost of living in Lancaster is 90, which is 10% lower than national average. Median home value in Lancaster is $161300 , which is 30% lower than national average. While median income in Lancaster remained $29615, which is 56% lower than national average.