According to statistics, the population in Lancaster, CA amounts to 160,113, which shows decline 0% compared to the previous year. The median age of the city’s residents is 32. The average household income is $49,314, shifting growth 3% from the past year, and the average property value in Lancaster, CA growth 15% to $213,100 throughout the year.
|Number Of Employees||56,062|
|Median Property Value||$213,100|
The average household income in Lancaster, CA grew from $47,684 to $49,314 in the past year. This data is an estimate based upon 48,124 households in Lancaster, CA . The chart below presents how household income is distributed in Lancaster, CA in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Lancaster, CA shifted from $186,000 to $213,100 throughout the year. The subsequent graph indicates the share of properties in the given price range in Lancaster, CA in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Lancaster, CA properties falls in the '$200,000 to $249,999' range, which is higher than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Lancaster, CA compared to median property taxes around the country. The prevalent amount of property taxes in Lancaster, CA equals $3000, which is less than the national average.
During Jan 2023, the average price for an apartment in/near Lancaster, CA decreased by 0.6% to $368,276.
Knowing the current property prices is key if you plan to buy a studio in Lancaster, CA. The average price for a studio has decreased since the last month, currently being $129,819. After collecting all data points, we now see that the average price for 1-bed apartment decreased by 2.2% to $188,171. Asking price for 2-bed apartment also decreased by 2.3% and a place of this size will now cost you $280,798. A 3-bed apartment goes for $425,769, it decreased by 0.2% lately. We discerned the rise of 4- and more bed apartment price. It increased by 0.3% and made it up to $516,490.
The average cost of an apartment in Lancaster, CA decreased by 17.5% to $111,282. Price reports demonstrate that house price decreased by 0.5% this month making it up to $459,673. Condos faced an upward trend these days. The median price for a condo decreased by 4.2%, it’s now available for $268,184. An average value of duplex is $604,499, thus a median price for a duplex remains the same this month. The price dynamics of lofts changed, it increased by 0%, the price tag now starts at $580,056. Value of the townhouses didn’t change, the price still starts at $185,000. The average price of the land for sale in Lancaster, CA has decreased by 6.6%, and now equals $125,371.