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Lancaster County, PA

RANK #274 / 996 NAT  ·  #11 / 44 PA  ·  POP 553,202

1YR FORECAST: +1.8%

5YR OUTLOOK: +30%

Our model projects above-average housing market growth for Lancaster County at +1.8% over the next year.

[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] Top Employers

  1. 1
    Lancaster General Hospital Healthcare
  2. 2
    Mutual Assistance Group Other
  3. 3
    Lancaster County Government Government
  4. 4
    Giant Food Stores LLC Retail
  5. 5
    Eurofins Lancaster Laboratories Inc. Other
  6. 6
    Lancaster School District Education
  7. 7
    Onewell LLC Other
  8. 8
    Lancaster General Medical Group Healthcare
  9. 9
    Dart Container Corporation Manufacturing
  10. 10
    Masonic Villages of the Grand Lodge Healthcare

Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.

[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
Bachelor's Degree+
30.5%
of residents (national avg: 33%)

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] Crime & Safety

B+
SAFETY
GRADE
Homicide Rate
2.2
per 100K · nat avg 6.3
Firearm Fatalities
8.2
per 100K · nat avg 14.8
Injury Deaths
72.9
per 100K · nat avg 76.3
vs National Average
Well below national avg
based on homicide rate

Source: CDC/NCHS vital statistics via County Health Rankings (2020–2022 avg). Rates per 100,000 population. Grade based on homicide rate relative to national average (~6.3). Learn more →

[06] Air Quality

C
AIR QUALITY
GRADE
Median AQI (3yr)
57.7
Moderate
Good Air Days
27%
292 of 1,095 days
Unhealthy+ Days (3yr)
29
Includes 2 Very Unhealthy
Primary Pollutant
PM2.5
Fine particulate matter
Yearly Trend
2021
56
2022
59
2023
58
Median AQI · lower is better

Source: EPA Air Quality System (2021–2023). Grade based on 3-year average median AQI. Learn about AQI →

[07] 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.

[08] 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.

[09] Frequently Asked Questions

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

With a Boom Town Index score of 72/100, Lancaster County sits in the upper half of all 996 ranked counties. Employment is expanding at +1.0%, and median household income stands at $81,458 — indicators that suggest solid fundamentals even if it's not among the fastest-growing counties in PA.

Is Lancaster County affordable?

Housing in Lancaster County is roughly in line with national affordability norms. The median home costs $263,600 and the income-to-home-value ratio sits at 0.31, with rents averaging $1,221/month. Not a bargain, but not a stretch for most local earners either.

Is Lancaster County growing or shrinking?

Population and employment in Lancaster County are both close to flat — population +0.5% YoY and jobs +1.0%. Home values shifted +4.4% over the past 12 months. A steady-state county, neither expanding quickly nor shrinking.

Are people moving to Lancaster County?

There's a moderate stream of newcomers. About 2.25% of residents moved from another state, which is above average and suggests Lancaster County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[10] Similar Counties by Size & Score

Lebanon County, PA 72 Lackawanna County, PA 73 Bradford County, PA 71 Somerset County, PA 71 Schuylkill County, PA 75 Wayne County, PA 69 Jackson County, MO 72 Onondaga County, NY 73