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$48,500
3 Beds · 4 Baths · 3,308 Sq. Ft.
Lancaster, VA 22503 has a population of approximately 3,712 and experiences a population change rate of -17.44%. The population density is 42.2 / sq mi .
The median household income for Lancaster, VA 22503 is $72,054, with 1,751 households and an average household size of 2.21.
The median value of a home in Lancaster, VA 22503 is $270,300 with an appreciation rate of 15.50%. 53.31% of housing in the state is owned while 8.06% is rented.
The cost of living in Lancaster, VA 22503 is 97.6 %.
The unemployment rate in Lancaster, VA 22503 is 4.00%, and recent job growth is at 2.68%. Future job growth is projected at 41.70%.
The sales tax rate in Lancaster, VA 22503 is 5.30%, while the income tax rate is 5.75% .
School expenditures in Lancaster, VA 22503 are $16,425, and the school ratio is 12.4:1.
The average high temperature in July is 88.6 degrees, with an average low temperature in January of 27.8 degrees. The average rainfall is approximately 46.6 inches per year, with 10.6 inches of snow per year.
