Lancaster is a city located in Minnesota. With a 2020 population of 323, it is the 579th largest city in Minnesota and the 15062nd largest city in the United States. Lancaster is currently declining at a rate of -1.22% annually and its population has decreased by -5.00% since the most recent census, which recorded a population of 340 in 2010. Lancaster reached it's highest population of 352 in 2010. Spanning over 2 miles, Lancaster has a population density of 138 people per square mile.
The average household income in Lancaster is $61,943 with a poverty rate of 6.42%. The median rental costs in recent years comes to $529 per month, and the median house value is $71,400. The median age in Lancaster is 40.8 years, 39.5 years for males, and 48 years for females. For every 100 females there are 111.8 males.