Zip Code
22503
City
Lancaster, VA
Population & Migration
What is the forecasted population for Zip code 22503 Lancaster, VA?
- Population census 2020
- 3,606
- Forecasted population 2025
- 3,958
- 0.10% vs. 2020
- Forecasted population 2030
- 3,811
- 0.06% vs. 2020
Zip code 22503 Lancaster, VA population is forecasted to grow 0.10% by 2025 (5.1 points above the 4.7% national average).
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Housing and Affordability
With a forecasted population of 3,958 people for 2025 zip code 22503 Lancaster, VA will generate a good demand for housing, which is expected to have a deficit of 163 houses for 2030. Vacancy rate is 21.1 points above national US average.
- Total homes available 2020
- 2,863
- Estimated total home demand in 2030
- 3,026
- Total homes balance inventory
- 163
Average Household Income in zip code 22503 Lancaster, VA
from Internal Revenue Service
- Average household income in 2021
- $81,114
Affordability
- Affordability Index
- 3
Affordability indicates the ability of potential homebuyers to afford a home measured in number of years needed to pay a house. Example: Home Price 500,000 / Household Income 100,000 = 5 Years = Index 5
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Climate Resiliency
Drinking water violations
How is the quality of drinking water in Zip code 22503 Lancaster, VA?
County total number of drinking water violations
29
-88%
244
County total number of drinking water contaminations
7
-71%
24
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