Lancaster, California is a mid-sized city with a population of 159,651 inhabitants. More than a quarter of the residents of Lancaster identify themselves as Hispanic or Latino, and 19% of the population speak Spanish as their primary or secondary language. The median age of all Lancaster residents is 32, which is well below the national average. This is a good indication that this city could be ideal for young singles.
Whether you’re relocating to a new city to be closer to family, friends or for a new job, living in Lancaster could be a positive experience compared to other cities in California if you know where to search. With useful information like cost of living, education, employment and other key data points, finding the best places to live in Lancaster and in the areas around Lancaster is a much easier task.
Lancaster, CA receives 62/100 for it’s livability score; this results in a ranking of #841 in California and #20,920 in the USA. There are seven total categories that generate the livability score. Lancaster ranks well for amenities (A+) and weather (B). There are some categories that Lancaster ranks poorly for, including: crime (F), cost of living (D-), education (F) and employment (D-). It might be worth taking a closer look to find out why.
There are many factors that go into deciding if an area is the right fit for your lifestyle. Certain “must haves” like low crime, great schools and nearby amenities are all at the top of most people's lists. But before even considering if those options are available, most people will need to know if the real estate in Lancaster is actually affordable. The median home price for Lancaster homes is $186,000, which is 54.6% lower than the California average. If we take a closer look at the affordability of homes in Lancaster, we’ll see that the home price to income ratio is 3.9, which is 39.1% lower than the California average. Year over year appreciation rates for homes in the Lancaster area were 10.4% and the 5 year appreciation rates came in at 13.2%. Why is this important? Knowing the appreciation rates for any area is a quick and easy way to determine if you will see a solid return on your investment.
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