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Pennsylvania · Census place 40992

Lakemont CDP, PA

Quick answer

Lakemont CDP has 1,504 residents, ranking #787 of 2002 places in Pennsylvania. Median household income is $49,036, the median home is worth $147,300 and median gross rent runs $1,103 a month.

Population
1,504Lakemont CDP residents
Median household income
$49,036Past 12 months, inflation adjusted
Median home value
$147,300Owner-occupied units
Median gross rent
$1,103Rent plus utilities, monthly
Median age
57.5 yrsAll residents
Homeownership rate
69.9%Owner-occupied households

What the numbers mean in Lakemont CDP

Housing cost measured against local earnings.

A household earning the Lakemont CDP median would spend about 27% 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 3.0× the median household income; nationally that ratio sits near 4.5×. Poverty affects 13.9% of residents and 69.9% of households own their home.

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

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