Real Estate details: Lancaster VA vs Albert lea MN
RE Insights
| Metric | Lancaster | Albert lea |
|---|---|---|
| Population | 10,750 | 18,396 |
| Median Home Price | $327,000 | $225,000 |
| Rent | 18% | 28% |
| Own | 82% | 72% |
Real Estate Insights Comparison: Lancaster vs Albert lea
- The population in Albert lea is greater at 18,396 compared to 10,750 in Lancaster.
- A higher median home price of $327,000 is found in Lancaster compared to $225,000 in Albert lea.
- The rent percentage in Albert lea is higher at 28% compared to 18% in Lancaster.
- A greater percentage of homeowners in Lancaster at 82% compared to 72% in Albert lea.
Environmental Insights
Understanding environmental factors is crucial for assessing the sustainability and quality of life in a city or town. Environmental conditions can vary significantly, influenced by factors such as air quality, green spaces, and local climate. Evaluating these aspects helps in making informed decisions about living and investing in a community.