Lancaster, a city located in the state of Minnesota (MN), is home to a population of approximately 353 people. Lancaster boasts a median age of 42.5, with around 31.7% of its residents aged 60 or above. 6.9% of the population identifies as US Veterans. 6.5% of Lancaster residents are disabled. The city has an average household income of $58,750, while the unemployment rate stands at 1.2%, and around 2.3% of the population is considered to be living below the poverty level. In terms of housing, the average home value in Lancaster is $0, with a monthly rent averaging $706.