County profile
Lancaster County, VA
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
BEA · 2024
GDP growth (YoY)
+2.9%
BEA · 2024
Jobs tracked
4,238
Census CBP · 2023
Employers
458
Census CBP · 2023
Avg. wage
$50.0k
BLS QCEW · 2023
Population
10,995
Census PEP · 2025
Labor, income & education
Unemployment
4.6%
Median HH income
$69.7k±$6.5k
Bachelor's degree+
41.3%±4.5%
Poverty rate
10.3%±3.2%
Business applications
161 · 2025
Retail establishments
79
72.0/10k pop
Public companies headquartered here
SEC EDGAR · FMPCompanySectorRevenueEA
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
$506.6M2019
$516.5M2020
$546.3M2021
$578.9M2022
$660.1M2023
$679.1M2024
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
$40.4M
116 units · 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
1782016
1772017
1782018
1862019
1902020
2082021
2402022
2582023
2842024
2922025
RESIDENTIAL PERMITS · 2021–2025
↑ 142% since 2021482021
682022
952023
1272024
1162025
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 EDGARWage trend
BLS QCEW · 2019–2023$50.0k
avg. annual pay · +36% since 2019
Similar US counties
nearest by GDPNearby & same-state counties
by GDP rankThe read
What is the GDP of Lancaster?
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.