Penn Lake Park, PA population, income and ZIP codes

Penn Lake Park borough is a very small community in Pennsylvania, with 343 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #1529 of 2,002 ranked by population — larger than 23% of them. The median age here is 52.1 years against 39.1 nationally, a markedly older profile that usually tracks retirees staying put and younger households leaving for work. 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 Penn Lake Park borough earn a median of $79,375 a year, 1.1% above the national figure of $78,538 and 12% 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 0.6% of residents here, less than half the 12.4% national rate.

The typical owner-occupied home in Penn Lake Park borough is valued at $233,000, 23.2% below the national figure and 21% above the $193,200 peer median, while median gross rent runs $2,250 a month, 60% above the national figure, or roughly $27,000 across a full year. A household on the local median income would put about 34% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is a stretch on median earnings. The home-price-to-income ratio works out to 2.9×, against roughly 3.9× nationally, so buying is easier here than in the average US market. 92.1% 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. Rent is reported gross — contract rent plus tenant-paid utilities — which is why it runs above the advertised price on a listing for the same unit.

Penn Lake Park borough is the unusual combination of expensive to rent and cheap to buy: rent takes 34% of median income while homes cost only 2.9× it. Where that pattern shows up, the gap is normally down to down-payment and credit barriers rather than price. A median age of 52.1 puts Penn Lake Park borough well into retirement-weighted territory, which pulls median household income down even where household wealth is high, because retirement draws are counted differently from wages.

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.