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Salary & Cost of Living in Lancaster, OH

Lancaster, OH: $42,816 median salary, cost of living index 84.2, $10.45/hr minimum wage. Calculate your take-home pay with our free paycheck calculator.

Median Salary

$42,816

$21/hr

Cost of Living

84.2

US avg = 100

Minimum Wage

$10.45

per hour

Unemployment

3.4%

rate

Lancaster, OH Overview

Population

40,709

Median Salary

$42,816

Average Salary

$47,954

Avg Commute

17 min

Median Home Price

$197,000

Median Rent

$808/mo

Job Growth

+2.3%

Sales Tax

5.75%

Lancaster is located in Ohio with a population of 40,709. The median household salary is $42,816 per year ($21/hour), which is $16,568 below the national median of $59,384. The average commute time is 17 minutes, and the city has a job growth rate of +2.3%.

Lancaster Salary by Experience Level (2026)

Wage distribution in Lancaster, OH based on BLS percentile breakdown of the $42,816 median salary. Entry-level represents 10th–25th percentile; mid-level is the median; senior-level represents 75th–90th percentile.

Experience LevelAnnual SalaryHourly WageYears Exp
Entry-Level$26,546$12.76/hr0–2 years
Mid-Level (Median)$42,816$20.58/hr3–7 years
Senior-Level$60,799$29.22/hr8–15 years
Top 10% (90th Percentile)$76,212$36.63/hr15+ years / leadership

Percentile multipliers (62%, 100%, 142%, 178%) derived from 2024 BLS Occupational Employment and Wage Statistics distribution across all occupations in metro areas. Specific roles vary; see jobs by city for role-specific data.

Lancaster Paycheck Calculator

Enter your annual salary to see your estimated take-home pay in Lancaster, OH, after federal, state, and local taxes.

Estimated Annual Take-Home Pay

$34,853

$2,904.39/month · $1,340.49/biweekly · Effective Rate: 18.6%

Gross Pay

$42,816

Federal Tax

-$3,099

State Tax

-$1,499

Local Tax

-$90

FICA

-$3,275

Net Pay

$34,853

Pay Breakdown

Net 81.4%
FICA
Take-Home Federal State Local FICA
ItemMonthlyAnnual
Gross Salary$3,568.00$42,816.00
Federal Income Tax-$258.29-$3,099.42
Ohio State Tax (3.5%)-$124.88-$1,498.56
Local Tax (0.21%)-$7.49-$89.91
Social Security (6.2%)-$221.22-$2,654.59
Medicare (1.45%)-$51.74-$620.83
Net Take-Home Pay$2,904.39$34,852.68

Salary Comparison: Lancaster vs Other Cities

See how Lancaster's median salary and cost of living compare to the national average and similar cities.

CityMedian SalaryCOL IndexAdj. Salary
Lancaster, OH$42,81684.2$50,850
National Average$59,384100$59,384
University City, MO$42,80787.3$49,034
Alamogordo, NM$42,80385.9$49,829
St. Peters, MO$42,84285$50,402
Sherwood, AR$42,88980.9$53,015

Adjusted salary reflects purchasing power when cost of living is factored in. A higher adjusted salary means your money goes further.

Cost of Living in Lancaster

Lancaster's cost of living index is 84.2 (national average = 100). Living in Lancaster is 15.799999999999997% less expensive than the national average.

Median Home Price

$197,000

Median Monthly Rent

$808

Annual Rent Cost

$9,696

Your Salary's Purchasing Power

Your $34,853 annual take-home pay in Lancaster has the purchasing power of approximately $41,393 in an average-cost US area. Your $42,816 salary stretches further here than in most US cities.

Top Industries in Lancaster

Lancaster's economy is driven by these key industries. Workers in top industries often earn significantly above the median salary of $42,816.

1Manufacturing
2Healthcare
3Finance
Job Growth: +2.3%Unemployment: 3.4%

Salary Tips for Lancaster Workers

  • Your salary goes further here. Lancaster has a cost of living 15.799999999999997% below the national average. A salary of $42,816 here has the purchasing power of about $50,850 in an average-cost area.
  • Research top industries. Lancaster's top industries include Manufacturing, Healthcare, Finance. Targeting roles in these sectors can help you earn above the $42,816 median salary.
  • Review your W-4 withholding. If you regularly receive large tax refunds, adjust your W-4 to increase your per-paycheck take-home pay instead of giving the government an interest-free loan.

Methodology & Local Economy Data Sources

How we calculate Lancaster salary data: Our citywide compensation figures aggregate occupation-specific salary data from BLS Occupational Employment and Wage Statistics for the Lancaster-OH metropolitan statistical area (MSA), weighted by local employment counts. Cost-of-living adjustments use the C2ER Cost of Living Index baseline of 100 (national average), with Lancaster indexed at 84.2.

  1. Median salary calculation: weighted average of Lancaster's occupation-specific medians from BLS OEWS, adjusted for local cost of living. Net result: $42,816 annual median.
  2. Tax burden reflects Ohio state income tax (3.5%), plus Lancaster local tax of 0.21%, sales tax (5.75%), and federal taxes per IRS 2026 brackets.
  3. Unemployment rate for Lancaster: 3.4%, sourced from BLS Local Area Unemployment Statistics (LAUS).
  4. Top industries: Manufacturing, Healthcare, Finance — based on QCEW employment concentration data.
  5. Job growth: 2.3% projected through 2034, derived from BLS Employment Projections program for Ohio.
  6. Housing context: median home price $197,000, median rent $808/mo, sourced from Census American Community Survey 5-year estimates.

Authoritative US data sources for Lancaster, OH:

Disclaimer: Salary and cost data are estimates for general guidance. Individual compensation varies by employer, experience, education, negotiation, and skills. Lancaster's rapidly changing economy can shift these baselines — always verify with current job listings, employer offers, and recent Ohio labor market reports for the most current figures.

Reviewed by Brazora Monk· Last updated 2026 · BLS & Census data current as of latest releases

Explore Salaries Across the US

Compare salary data and cost of living for hundreds of US cities. Find out where your paycheck goes the furthest.

Frequently Asked Questions

What is the median salary in Lancaster, OH?

The median salary in Lancaster, OH is $42,816 per year, or $21 per hour. The average salary is $47,954. This is $16,568 below the national median of $59,384.

What is the cost of living in Lancaster, OH?

Lancaster's cost of living index is 84.2 (national average = 100), meaning it is 15.799999999999997% less expensive compared to the national average. The median home price is $197,000 and the median monthly rent is $808.

What are the best industries in Lancaster?

The top industries in Lancaster, OH include Manufacturing, Healthcare, Finance. The city has a job growth rate of 2.3% and an unemployment rate of 3.4%. Workers in these industries often earn above the city's median salary of $42,816.

How does Lancaster's salary compare to other cities?

Lancaster's median salary of $42,816 is 27.9% below the national median of $59,384. However, when adjusted for cost of living (index: 84.2), the real purchasing power is approximately $50,850.

What is the minimum wage in Lancaster, OH?

The minimum wage in Lancaster, OH is $10.45 per hour. This equals approximately $21,736 per year for a full-time worker (40 hours/week). This is $3.20 above the federal minimum wage of $7.25/hour.