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Economic Atlas
Places/VA/Lancaster
County profile

Lancaster

United States · GDP 2024
#2176 of 3,127 US counties by GDP35th-percentile growthmore diversified than 54% of counties
EA Place Score
——
methodology in progress
GDP 2024 (USD)
$679.1M
GDP growth
+2.9%
Jobs tracked
4,238
Employers
458
Avg. wage
$50.0k
Population
10,995
Labor & formation
Unemployment
4.7%
Median HH income
$69.7k±$6.5k
Business applications
161 · 2025

Public companies headquartered here

SEC EDGAR · FMP
CompanySectorRevenueEA
1Chesapeake Financial Shares, Inc.Financial 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 care29%
Retail trade24%
Food & accommodation16%
Professional services13%
Other services9%
Construction9%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 2020–2025
10,995
residents · 2025 · +0.9% since 2020
Income per capita $85.5k · BEA 2024
COMPONENTS OF CHANGE · 2021–2025
Domestic migration+874
International migration+43
Natural change−813

GDP trend

2019–2024 · nominal
$506.6M
2019
$516.5M
2020
$546.3M
2021
$578.9M
2022
$660.1M
2023
$679.1M
2024

Real estate & risk

FHFA · ACS · FEMA
Median home value
$327.0k±$24.7k
Median gross rent
$1.0k/mo±$52/mo
Vacancy rate
23.9%±3.3%
Affordability
6.5× wages
Residential permits
116 (10.6/1k pop)
FEMA risk score
32.3
HUD Fair Market Rent (2BR):$1.1k/mo · 2026
TOP PERILS · FEMA NRI
Drought 96Hurricane 85Coastal flooding 61
FHFA HOUSE PRICE INDEX · 2016–2025
178
2016
177
2017
178
2018
186
2019
190
2020
208
2021
240
2022
258
2023
284
2024
292
2025

Transport access

BTS · FAA · USACE
Nearest interstate
46.3 km
I-64
Nearest freight rail
36.9 km
NS
Nearest port
8.3 km
AMPRO SHIPYARD
Nearest commercial airport
66.8 km
NEWPORT NEWS/WILLIAMSBURG INTL
Filing activity
SEC EDGAR
DEF 14AChesapeake Financial Shares, Inc.01-31
8-KChesapeake Financial Shares, Inc.01-24
8-KChesapeake Financial Shares, Inc.12-12
8-KChesapeake Financial Shares, Inc.11-01
8-KChesapeake Financial Shares, Inc.09-13
10-QChesapeake Financial Shares, Inc.05-10
DEF 14AChesapeake Financial Shares, Inc.03-08
10-QChesapeake Financial Shares, Inc.11-14
10-QChesapeake Financial Shares, Inc.08-13
10-QChesapeake Financial Shares, Inc.05-14
Wage trend
BLS QCEW · 2019–2023
$50.0k
avg. annual pay · +36% since 2019
Similar US counties
nearest by GDP
Wayne$679.4MIdaho$680.2MMissaukee$677.7MPhillips$677.6MOwyhee$677.4MGreene$681.0M
The read

Lancaster's economy produced $679.1M in 2024, growing 2.9% year over year — slower than 65% of 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.
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