Is Lancaster, Texas a Good Place To Live? - Living In Lancaster, TX

Is Lancaster, Texas a good place to live?
Lancaster is a city in Texas state in USA with a population of 39264 residents.. The poverty rate of Lancaster is 16.7%, which is 19% higher than national average. The typical household in Lancaster earns $57832 a year, compared to the national median of $67,500. Nearly 40% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Lancaster, only 89% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Lancaster remained 6.5%, which is 38% higher than national rate. Nearly 1 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 23% of adults have a bachelor's degree and 39% have some college but no degree.

Cost of living in Lancaster is 96, which is 4% lower than national average. Median home value in Lancaster is $154900 , which is 33% lower than national average. While median income in Lancaster remained $57832, which is 14% lower than national average.
Population
39264
Unemployment
6.5%
38% NAT AVG.
Poverty
16.7%
19% NAT AVG.
Overall Score
6
Median Home Cost
$154900
33% NAT AVG.
Median Income
$57832
14% NAT AVG.
Median Rent
$1193
3% NAT AVG.
Cost Of Living
96
4% NAT AVG.
People Living BPL
1 in 6
Unemployed People
1 in 15
People Earning < $10,000
1 in 14
People Earning < $50,000
40%
People with <= High School
1 in 2.6
People With Any Degree
1 in 2.9
Pros & Cons Overview

Jobs60%

Housing80%

Affordability60%

Safety40%

Amenities85%

Diversity85%

Education70%

Commute50%