Pennsylvania · Census place 59054
Penn Lake Park borough, PA
Quick answer
Penn Lake Park borough has 343 residents, ranking #1529 of 2002 places in Pennsylvania. Median household income is $79,375, the median home is worth $233,000 and median gross rent runs $2,250 a month.
- Population
- 343Penn Lake Park borough residents
- Median household income
- $79,375Past 12 months, inflation adjusted
- Median home value
- $233,000Owner-occupied units
- Median gross rent
- $2,250Rent plus utilities, monthly
- Median age
- 52.1 yrsAll residents
- Homeownership rate
- 92.1%Owner-occupied households
What the numbers mean in Penn Lake Park borough
Housing cost measured against local earnings.
A household earning the Penn Lake Park borough median would spend about 34% 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 2.9× the median household income; nationally that ratio sits near 4.5×. Poverty affects 0.6% of residents and 92.1% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Pennsylvania.
Keep going
More Pennsylvania coverage.