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Lancaster city, PA

ZIP 17602 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLarge CommunityLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 17602

Median Home Value
$250,600
Median Rent
$1,091
Affordability Snapshot
$69,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,610/mo PITI).

18%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

3.5x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

19.1 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 17602 in Lancaster city, PA, a household would need roughly $69,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,610. That is roughly in line with the local median household income ($71,752). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Diverse housing tenure.

Heating Fuel
Housing Metrics
Owner Occupied
57.5%-12% vs US avg
x
Vacancy Rate
4.0%-61% vs US avg
x
Broadband Access
90.2%+4% vs US avg
x
4+ Bedrooms
5.8%-61% vs US avg
x
Built Pre-1939
5.8%-55% vs US avg
x
Built Post-2014
0.6%-92% vs US avg
x
Rent Burden >30%
19.9%-60% vs US avg
x
Mortgage-Free
32.8%-14% vs US avg
x
$250,600
Home Value
$1,091
Rent
1966
Year Built
2014
Moved In

Residents have lived here since ~2014 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached28.8%
  • 1-unit attached37.4%
  • 2-9 units21.8%
  • 10+ units11.6%
  • Mobile home & other0.4%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$250,600
Median rent$1,091
Owner-occupied57.5%
Vacant4.0%
Price-to-income3.5x
Est. income to buy$69,000