Living in Lake, Pennsylvania
Cost of living, income, home prices, rent and demographics of Lake · Census data 2020–2024
Lake has 1,867 residents with a median age of 46.1. The median household income is $88,229 (13% higher than the Pennsylvania median), the median home value is $212,100, the median rent is $1,071/month.
Lake at a glance
- Population
- 1,867
- Median age
- 46.1State: 40.9
- Median household income
- $88,229State: $77,971
- Median home value
- $212,100State: $254,500
- Median rent
- $1,071/moState: $1,209
- Homeowners
- 83.5%
- Bachelor's degree or higher
- 31.5%
- Average commute
- 30 min
Is Lake a good place to live?
Pros: Median household income 13% higher than the Pennsylvania median; home values 17% lower than the state median; unemployment of 4.1%; a poverty rate of 9.1%.
Cons: An average commute of 30 minutes.
The weather is best in June to September.
Cost of living in Lake
Housing is the biggest part of the cost of living. In Lake the median home value is $212,100, 36% lower than the U.S. median. Renters pay a median of $1,071 per month, which is 23.1% of household income. Homeowners with a mortgage pay $1,625 a month in housing costs.
Lake median household income
The median household income in Lake is $88,229 and the income per person is $43,926. 9.1% of residents live below the poverty line (Pennsylvania: 11.7%).
Housing in Lake: homes for sale and rent
- Housing units
- 826
- Owner-occupied
- 83.5%
- Renter-occupied
- 16.5%
- Vacant
- 11%Includes seasonal homes
- Median year built
- 1978
- Average household size
- 2.54
Lake demographics
- Population
- 1,867
- Median age
- 46.1
- Under 18
- 21.9%
- 65 and older
- 19.3%
- Households
- 735
- Foreign-born
- 4%
- Veterans
- 7.6%Adults 18+
Hispanic or Latino can be of any race. Population history of Lake ›
Education in Lake
31.5% of adults 25 and older in Lake have a bachelor's degree or higher (Pennsylvania: 35.2%), and 15.4% have a graduate or professional degree.
Jobs and commute in Lake
- Unemployment rate
- 4.1%State: 5.3%
- Average commute
- 30 minState: 26 min
- Work from home
- 14.9%
- Drive alone
- 76.7%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 88.4%
Lake vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Lake | 1,867 | $88,229 | $212,100 | $1,071 |
| Pikes Creek | 221 | $81,250 | $161,100 | — |
| Harveys Lake | 2,809 | $75,510 | $238,600 | $1,375 |
| Lehman | 3,396 | $79,549 | $282,800 | $767 |
| Silkworth | 745 | $66,500 | $207,600 | $777 |
| Noxen | 1,057 | $68,229 | $179,200 | $1,130 |
| Ross | 2,751 | $87,697 | $218,200 | $1,338 |
| Dallas | 2,692 | $91,050 | $257,800 | $1,097 |
| Jackson | 4,408 | $122,344 | $322,500 | $917 |
More for people moving to Lake
Lake ZIP code ›Weather and climate ›Living in Lake: FAQ
What is the median household income in Lake, PA?
The median household income in Lake is $88,229, 13% higher than the Pennsylvania median of $77,971 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Lake?
The median home value in Lake is $212,100, compared with $254,500 in Pennsylvania.
How much is rent in Lake?
The median gross rent in Lake is $1,071 per month, about 23.1% of household income.
Is Lake, PA a good place to live?
Pluses: median household income 13% higher than the Pennsylvania median; home values 17% lower than the state median; unemployment of 4.1%; a poverty rate of 9.1%. Minuses: an average commute of 30 minutes.
What is the median age in Lake?
The median age in Lake is 46.1 years (Pennsylvania: 40.9).
How long is the commute in Lake?
The average commute to work in Lake is 30 minutes; 14.9% of workers work from home.
What is the unemployment rate in Lake?
The unemployment rate in Lake is 4.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Lake?
31.5% of adults in Lake have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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