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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

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