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Lancaster County, PA

RANK #231 / 996  ·  POP 553,202  ·  PA

PROJECTED GROWTH: +1.9%

Lancaster County combines solid growth with real affordability — a rare combination.

[01] Why Lancaster County?

Lancaster County, Pennsylvania, often evokes images of Amish buggies traversing scenic farmlands, a distinctive cultural element that draws many visitors. Located in southeastern Pennsylvania, the county is approximately 90 minutes from Philadelphia and Baltimore, and about two hours from Washington, D.C., with Amtrak service connecting to major East Coast cities. The community blends rural charm with urban amenities, particularly in Lancaster City, which features a historic Central Market, one of the oldest continuously operating farmers' markets in the U.S. Outdoor enthusiasts can explore numerous hiking and biking trails, covered bridges, and water activities on the Susquehanna River.

Life in Lancaster County offers a mix of lifestyles, from walkable towns like Lititz and Strasburg to more rural settings. Public schools in the county are generally well-regarded, with districts like Manheim Township and Hempfield. The local economy is diverse, with growth in sectors such as education, healthcare, and professional services. While agriculture remains a significant part of the county's identity, there is also ongoing investment in manufacturing and data centers, contributing to a varied economic landscape.

[02] Market Snapshot

Housing Ratio
4.7x

Above national median (4.7x)

GDP Growth
+2.9%

Above national median

Home Prices
+4.4%

Outpacing national median

Climate & Terrain
0.5

Moderate climate & terrain

Price/Rent
14x

Above national median (13x)

Housing is fairly valued at 4.7x relative to local economic output. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Lancaster County U.S. National

The Numbers

DEMOGRAPHICS
Population
553,202
+0.49% YoY
Median Household Income
$81,458
Median Home Value
$263,600
+4.44% 12mo
Median Rent
$1,221
Average Annual Pay
$59,966
+3.5% YoY
Employment
252,045
+1.0% YoY
Income-to-Home-Value
0.309
More affordable than average
Migration Inflow
2.25%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$348,000
Days on Market
17
Very hot — homes selling fast
Months of Supply
1.5
Seller's market
Sale-to-List Ratio
100.8%
Homes selling above asking
Sold Above List
37.7%
Listings w/ Price Drops
28.4%
Building Permits (2024)
1,184
Single-Family Permits
755

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Capital Investment

$6,871M
TOTAL
PROJECT AMOUNT STATUS
CoreWeave AI Data Center Campus (216 Greenfield Road & 1375 Harrisburg Pike)
CoreWeave, Chirisa Technology Parks, Machine Investment Group
$6,000M Under Construction
GSK Marietta Facility Expansion
GSK
$821M Under Construction
Lancaster County Capital Improvement Plan
Lancaster County
$50M Planned

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[06] Score Breakdown

GDP Growth +2.9% 54 percentile
Population Growth +0.5% 52 percentile
Income Growth +10.5% 86 percentile
Vacancy Rate 0.5% 93 percentile
Home Price Change +4.4% 86 percentile
Rent Growth +2.8% 46 percentile
Price/Rent 14x 39 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

Is Lancaster County, PA a good place to move to?

Lancaster County has a Boom Town Index score of 77/100, ranking #231 among 996 U.S. counties. With job growth at +1.0% and a median household income of $81,458, it's an above-average county on economic indicators.

Is Lancaster County affordable?

The median home value in Lancaster County is $263,600 with median rent at $1,221/month. The income-to-home-value ratio is 0.309, which is more affordable than the national average.

Is Lancaster County growing or shrinking?

Population growth: +0.5% year-over-year. Job growth: +1.0%. Home values changed +4.4% in the past 12 months.

Are people moving to Lancaster County?

Yes — 2.25% of Lancaster County's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

St. Louis County, MN 87 Delaware County, IN 87 Huron County, OH 87 Sandusky County, OH 87 Strafford County, NH 87 Sauk County, WI 87 Ocean County, NJ 87 Stark County, OH 87