Places/PA/Lancaster County, PA
County profile

Lancaster County, PA

United States · GDP 2024
#150 of 3,127 US counties by GDP59th-percentile growthmore diversified than 92% of counties
EA Place Score
methodology in progress
GDP 2024 (USD)
$40.0B
BEA · 2024
GDP growth (YoY)
+5.1%
BEA · 2024
Jobs tracked
249,379
Census CBP · 2023
Employers
13,776
Census CBP · 2023
Avg. wage
$57.9k
BLS QCEW · 2023
Population
563,159
Census PEP · 2025
Labor, income & education
Unemployment
3.2%
Median HH income
$87.0k±$1.3k
Bachelor's degree+
32.4%±0.7%
Poverty rate
8.2%±0.5%
Business applications
5,808 · 2025
Retail establishments
1,887
33.6/10k pop

Public companies headquartered here

SEC EDGAR · FMP
CompanySectorRevenueEA
1Armstrong World Industries, Inc.Industrials$1.6B84B+2Donegal Group Inc.Financial Services$978.0M71B3Armstrong Flooring, Inc.Basic Materials$649.9M4Fulton Financial CorporationFinancial Services$276.8M60C5Burnham Holdings, Inc. PFD 6%Industrials$258.1M50D6Burnham Holdings, Inc.Industrials$258.1M51D7ENB Financial CorpFinancial Services

HQ-based placement with total (global) headcount — local employment attribution needs firmographic data; the industry mix at right is measured county data (CBP).

Industry mix · employment
Health care25%
Manufacturing23%
Retail trade19%
Construction13%
Food & accommodation11%
Professional services8%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 20202025
563,159
residents · 2025 · +1.9% since 2020
Income per capita $68.6k · BEA 2024
COMPONENTS OF CHANGE · 20212025
Domestic migration2,870
International migration+6,815
Natural change+6,369

GDP trend

20192024 · nominal
$30.9B
2019
$30.2B
2020
$33.2B
2021
$36.8B
2022
$38.0B
2023
$40.0B
2024

Real estate & risk

FHFA · ACS · FEMA
Median home value
$301.1k±$4.2k
Median gross rent
$1.4k/mo±$20/mo
Vacancy rate
3.0%±0.4%
Affordability
5.2× wages
Residential permits
$360.1M
1,296 units · 2.3/1k pop
FEMA risk score
95.0
HUD Fair Market Rent (2BR):$1.5k/mo · 2026
TOP PERILS · FEMA NRI
Winter weather 99Lightning 96Hurricane 95
FHFA HOUSE PRICE INDEX · 20162025
555
2016
578
2017
610
2018
634
2019
659
2020
734
2021
850
2022
935
2023
996
2024
1046
2025
RESIDENTIAL PERMITS · 20212025
25% since 2021
1,039
2021
1,429
2022
1,859
2023
1,184
2024
1,296
2025

Transport access

BTS · FAA · USACE
Nearest interstate
21.8 km
I-76
Nearest freight rail
0.1 km
AMTK
Nearest port
53.8 km
HAVRE DE GRACE QUARRY
Nearest commercial airport
9.8 km
LANCASTER
Wage trend
BLS QCEW · 20192023
$57.9k
avg. annual pay · +21% since 2019
The read

What is the GDP of Lancaster?

Lancaster's economy produced $40.0B in 2024, growing 5.1% year over yearabout the middle of the pack among US counties. Its largest employment sector is health care.

GDP: BEA (2024), USD-normalized · Jobs/employers/wages & industry mix: Census CBP (2023) · Population & migration: Census PEP · Income: BEA CAINC1 · Companies: SEC EDGAR + FMP, by HQ.