Income & Economy in Lancaster CDP, VA (22503)
Median Income
$70,993
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+228
Wealth inflow
Population
4,046
Unemployment
18.3%
14.6pp above US avg
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.
Historical Trends in 22503 (2020–Present)
Since 2020, population grew 12.2%, median income fell 14.1% (inflation-adjusted), home values increased 12.2%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $70,993 |
| Unemployment | 18.3% |
| Establishments | 61 |
| Employees | 309 |