Lancaster, NH
Population 2,264 · New Hampshire
About Lancaster, NH
Lancaster is a small town located in New Hampshire with a population of 2,264 residents according to the latest US Census Bureau American Community Survey data. The median household income is $92,525 per year, which is 23% above the national median of $75,149. The median age of 38.1 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Lancaster features a median home value of $182,900, which is 25% below the national median of $244,900. This positions Lancaster in a moderately priced market relative to the rest of the country. Median monthly rent is $872, 25% below the national average of $1,163/month. Of the 1,027 total housing units, 66% are owner-occupied (617 units) and 34% are renter-occupied (314 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Lancaster shows an unemployment rate of 2.4%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 14.1%, above the national average of 12.4%. Workers in Lancaster have an average one-way commute time of 20.8 minutes.
Education & Demographics
23.5% of Lancaster residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.0% White, 2.3% Hispanic or Latino, 0.3% Black or African American, and 0.1% Asian residents, with 2.9% of the population being foreign-born.
How Lancaster Ranks in New Hampshire
Cost of Living in Lancaster, NH
Compared to national averages, Lancaster has a median household income of $92,525 (23% above the national median of $75,149). Home values average $182,900, which is 25% below the national median. Monthly rent at $872 is 25% below the US average of $1,163. Within New Hampshire, Lancaster's income is 16% above the state average of $79,671, and home values are 40% below the state median of $303,204.
Why Live in Lancaster, NH?
Lancaster offers a strong local economy with a median household income of $92,525, well above the national average, and affordable housing with a median home value of $182,900, below the US average of $244,900, and rent that’s lower than the national average at $872/month. Additionally, the city features a strong job market with an unemployment rate of just 2.4%, and short commute times averaging just 20.8 minutes.
Lancaster has a population of 2,264 with a median age of 38.1 years. Compare Lancaster with other cities to see how it stacks up, or explore all cities in New Hampshire.
Similar Cities Near Lancaster
Cities in New Hampshire with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| North Conway | 2,286 | $73,344 | $271,100 | Compare |
| Peterborough | 2,343 | $81,836 | $323,700 | Compare |
| Bristol | 2,157 | $60,972 | $192,900 | Compare |
| Wolfeboro | 2,420 | $50,721 | $363,200 | Compare |
| Gorham | 2,044 | $60,417 | $136,300 | Compare |
| Hampton Beach | 2,585 | $75,363 | $443,200 | Compare |
| Enfield | 1,917 | $78,583 | $274,500 | Compare |
| Pittsfield | 1,882 | $50,804 | $242,600 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in New Hampshire
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Lancaster With Other Cities
Frequently Asked Questions about Lancaster
What is the population of Lancaster, NH?
The population of Lancaster, NH is 2,264 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in New Hampshire.
What is the median household income in Lancaster?
The median household income in Lancaster, NH is $92,525 per year, which is 23% above the national median of $75,149.
What is the median home value in Lancaster?
The median home value in Lancaster, NH is $182,900, which is 25% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Lancaster?
The median monthly rent in Lancaster, NH is $872, which is 25% below the national average of $1,163/month.
What is the unemployment rate in Lancaster?
The unemployment rate in Lancaster, NH is 2.4%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Lancaster, NH a good place to live?
Lancaster offers above-average incomes, affordable housing, and a strong job market. With a population of 2,264 and a median age of 38.1, the city appeals to a broad range of residents.
How educated is Lancaster, NH?
23.5% of residents in Lancaster aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Lancaster?
Key cost-of-living indicators for Lancaster, NH: median home value is $182,900 (25% below national), median rent is $872/month, and median household income is $92,525. The home-value-to-income ratio is 2.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Lancaster?
The poverty rate in Lancaster, NH is 14.1%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Lancaster, NH?
Lancaster's population is 0.0% White, 2.3% Hispanic or Latino, 0.3% Black or African American, 0.1% Asian, and 0.0% two or more races. 2.9% of residents are foreign-born.