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Pennsylvania · Census place 40960

Lake City, PA population, income and ZIP codes

Quick answer

The population of the city of Lake City, Pennsylvania (Lake City, PA — Census place “Lake City borough”) is 2,901 residents, ranking #486 of 2002 places in Pennsylvania. Median household income is $74,909, the median home is worth $154,400 and median gross rent runs $789 a month. Looking for the Lake City Pennsylvania ZIP code list? 1 ZIP codes serve Lake City, PA: 16423.

Population
2,901Lake City borough residents
Median household income
$74,909Past 12 months, inflation adjusted
Median home value
$154,400Owner-occupied units
Median gross rent
$789Rent plus utilities, monthly
Median age
38.3 yrsAll residents
Homeownership rate
87.8%Owner-occupied households

Lake City ZIP codes (Pennsylvania)

Census ZCTAs whose delivery area overlaps Lake City.

The Lake City PA ZIP code list below covers 1 ZIP code. Open any one for its population, income, housing and rent profile.

What the numbers mean in Lake City borough

Housing cost measured against local earnings.

A household earning the Lake City borough median would spend about 12.6% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 2.1× the median household income; nationally that ratio sits near 4.5×. Poverty affects 10.9% of residents and 87.8% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

Lake City borough, PA in context

How this area compares with national benchmarks.

Lake City borough is a small town in Pennsylvania, with 2,901 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #486 of 2,002 ranked by population — larger than 75% of them. The median age here is 38.3 years against 39.1 nationally, a slightly younger profile than the country as a whole. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.

Households in Lake City borough earn a median of $74,909 a year, 4.6% below the national figure of $78,538 and 5% above the $71,118 median for the 982 Pennsylvania cities we cover. The median is the midpoint household, not an average, so a handful of very high earners cannot drag it upward the way they distort a mean. Poverty reaches 10.9% of residents here, below the 12.4% national rate.

The typical owner-occupied home in Lake City borough is valued at $154,400, 49.1% below the national figure and 20% below the $193,200 peer median, while median gross rent runs $789 a month, 43.9% below the national figure, or roughly $9,468 across a full year. A household on the local median income would put about 12.6% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is cheap relative to what people here earn. The home-price-to-income ratio works out to 2.1×, against roughly 3.9× nationally, so purchase prices are unusually low against local pay, the pattern in places where supply is plentiful and wage growth has been flat. 87.8% of occupied homes are owner-occupied versus 65% nationally, an owner-dominated market where rental listings are scarce and rent medians rest on a thin sample. The rent line includes utilities paid by the tenant, a definition worth remembering when comparing it against a landlord's quoted rate.

All values below were released by the Census for this exact geography, with no gap-filling on our side. Small-area estimates still carry wider margins of error than state or national figures, so check the linked ACS tables before relying on them for lending, appraisal or legal work.

Compare with nearby places

Places of similar size in Pennsylvania.

More Pennsylvania coverage.

Frequently asked questions

Common questions about this area.

What is the population of Lake City borough?
Lake City borough has 2,901 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #486 of 2,002 in Pennsylvania.
What is the median household income in Lake City borough?
Median household income in Lake City borough is $74,909 a year, 4.6% below the national figure of $78,538.
How much does it cost to rent or buy in Lake City borough?
Median gross rent is $789 a month and the median home value is $154,400, so rent absorbs about 12.6% of median household income.
Is Lake City borough affordable compared with the rest of the US?
Homes cost about 2.1× the local median income here versus roughly 3.9× nationally, so Lake City borough is more affordable to buy in than the typical US market, and rent takes 12.6% of median income against the 30% cost-burden line.
How current is this Lake City borough data?
All figures come from the US Census Bureau American Community Survey 2019-2023 ACS 5-year five-year estimates. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.