ZIP Code 22503 — Lancaster CDP, VA Demographics & Data

ZIP code 22503 covers Lancaster, VA in Lancaster County with a population of about 4,046.

At a glance, the area shows median age of 53.2 versus a U.S. median of about 38.9.

It sits in telephone area code 804; U.S. House district VA-1; the RICHMOND - PETERSBURG media market.

Median household income in ZIP 22503 is about $70,993 — about 6% below the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 12.1%; unemployment rate near 18.3%; 31.8% of adults with a bachelor’s degree or higher (about 1.9 points below the national share (33.7%)).

Labor and commute patterns include leading industry context around Retail trade, Healthcare, and Construction; about 5.0% of workers reporting work-from-home (about 10.2 points below the U.S. share (15.2%)); a mean commute of about 180.0 minutes (U.S. average near 26.8).

Median home value is about $257,300 — about 26% below the U.S. median home value ($348,079).

Housing tenure and rents show median gross rent around $918 (about 21% below the U.S. median rent ($1,163)), and owner-occupancy near 85.4% (about 20.0 points above the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 22503 in Lancaster, VA, a household would need roughly $71,000 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 $1,653. That is roughly in line with the local median household income ($70,993). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

FEMA’s National Risk Index rates natural-hazard risk for Lancaster CDP, VA as Very Low (composite score 32.3), which is relatively lower than many U.S. communities. The strongest component scores on US5 are hurricane (85.5) and wildfire (18.4). These scores are county-linked NRI values published for planning context — all ZIP codes in the same county share the same composite score on US5. Useful when comparing insurance and disaster exposure across areas, not a substitute for a parcel-level flood or fire determination.

Climate normals for Lancaster CDP, VA show little to no average snow and around 47.9 inches of annual precipitation.

IRS migration statistics show a net inflow of about 228 for ZIP 22503 (Lancaster CDP, VA) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.