Lancaster Short-Range Economic Forecast

The city of Lancaster is located 70 miles north of Los Angeles in the Antelope Valley. Lancaster is the eighth largest city in Los Angeles and the ninth fastest growing city in the United States. The City government and its agencies are dealing with the challenge of rapid growth and continuous change within the city and the region. To manage this change effectively, the city needs new information about economic and where demographic trends are headed.

Goals:

• Update the cities knowledge of current local economic and demographic trends
• Create a clear and in depth picture of the state of the local housing market
• Assess the cities competitiveness with other cities in the region

Services Included in the Study:

Compass Blueprint provided the City of Lancaster with updated economic and demographic information to illuminate current trends and portend the future direction of the City. The study includes information on population, demographic and household characteristics, employment, taxable sales, income, student enrollment, and crime. The role of housing, a critical element of future growth in the Antelope Valley, is examined and is a key determinant in the competitiveness index and SWOT assessment developed in the study.