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Penn Lake Park borough, Pennsylvania Demographics & Population 2026

As of 2026, Penn Lake Park borough, Pennsylvania has a total population of 343, the 1525th largest city in Pennsylvania, with a median household income of $79,375, which is 4% higher than the state average. The poverty rate is 0.6%.

Key Takeaways

Penn Lake Park borough Quick Facts

Population 343
Median Household Income $79,375
Median Home Value $233,000
Poverty Rate 0.6%
Unemployment Rate 4.0%
Median Age 52.1 years
Homeownership Rate 92.0%
Affordability Ratio 2.9x
Bachelor's Degree or Higher 33.0%
High School Graduation Rate 95.9%
Diversity Index 17/100
Population 343 1525th of 1,993
Median Income $79,375 above average
Poverty Rate 0.6% 95% lower national
Median Home Value $233,000 top 30%

How Penn Lake Park borough Compares

Economy & Housing

Employment

4.0% Unemployment Rate State: 5.3% | National: 5.2%
60.8% Labor Force Participation

Housing Overview

Owner 92.0%
Renter 8.0%
Affordability Index Very Affordable
2.9x home value to income ratio

People & Demographics

Diversity Index

17out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 43 | National average: 60

Education

Penn Lake Park borough Rankings in Pennsylvania

#1525 Population of 1,993
#585 Median Income of 1,993
#481 Education of 1,993
#464 Home Value of 1,993

Other Cities in Luzerne County

CityPopulationMedian IncomePovertyHome Value
Wilkes-Barre city 44,217 $47,970 21.1% $108,000
Hazleton city 29,886 $43,379 27.0% $129,000
Kingston borough 13,333 $53,885 19.3% $164,200
Nanticoke city 10,610 $60,340 17.7% $103,800
Pittston city 7,618 $47,525 22.7% $114,900
Plymouth borough 5,761 $42,348 21.4% $85,400
Exeter borough 5,514 $49,432 12.8% $132,500
West Hazleton borough 5,156 $46,968 24.4% $108,800
Duryea borough 5,054 $64,028 21.4% $142,900
Swoyersville borough 5,014 $67,558 9.7% $137,000

Cities Similar to Penn Lake Park borough

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Arnold City CDP344N/AN/A8.0%52.6%
St. Michael CDP349N/AN/A6.0%6.9%
Martins Creek CDP346$77,623$214,8004.7%0.0%
Little Britain CDP336N/A$358,10029.8%5.1%
Dunlevy borough343$83,281$99,10017.6%4.8%

Population Overview

Penn Lake Park borough is a small community located in Pennsylvania, within Luzerne County. The total population is 343. It ranks as the 1525th most populous out of 1,993 cities and towns in Pennsylvania.

Age Demographics

The median age in Penn Lake Park borough is 52.1 years. This is 27% higher than the state median of 40.9 years.

Economy, Income & Housing

The median household income in Penn Lake Park borough is $79,375. This is 4% higher than the state median of $76,081. Compared to the national median of $78,538, household income here is 1% higher. The poverty rate stands at 0.6%. This is 95% lower than the state poverty rate of 11.8%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 4.0%. This is 24% lower than the state rate of 5.3%. The median home value is $233,000. Housing costs are 3% lower than the state median of $240,500. With a home-value-to-income ratio of just 2.9x, Penn Lake Park borough is one of the most affordable housing markets in the area. 92.0% of occupied housing units are owner-occupied. This homeownership rate is 33% higher than the state average of 69.3%.

Race & Ethnicity

Penn Lake Park borough has a predominantly White (non-Hispanic) population, comprising 91.0% of all residents. Hispanic or Latino residents account for 8.2%. The Asian population (0.3%) is well below the state average of 3.7%.

Education

33.0% of residents aged 25 and older hold a bachelor's degree or higher. This is 4% lower than the state rate of 34.5%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 95.9%.

Data Sources & Methodology

All demographic data for Penn Lake Park borough, Pennsylvania is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Pennsylvania state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,993 Census-designated places in Pennsylvania. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Penn Lake Park borough, Pennsylvania?

Penn Lake Park borough, Pennsylvania has a population of 343 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Penn Lake Park borough, PA?

The median household income in Penn Lake Park borough is $79,375, which is 1% higher the national median of $78,538.

What is the poverty rate in Penn Lake Park borough, PA?

The poverty rate in Penn Lake Park borough is 0.6%. This means approximately 2 residents live below the federal poverty line.

What is the racial makeup of Penn Lake Park borough, Pennsylvania?

Penn Lake Park borough's population is 91.0% White, 0.0% Black, 8.2% Hispanic/Latino, and 0.3% Asian.

What is the median home value in Penn Lake Park borough, PA?

The median home value in Penn Lake Park borough is $233,000. The home-value-to-income ratio is 2.9x.

How educated is Penn Lake Park borough, Pennsylvania?

33.0% of adults (25+) in Penn Lake Park borough hold a bachelor's degree or higher, and 13.9% hold a graduate or professional degree.