Skip to main content

Penn Lake Park, Pennsylvania Demographics & Population 2026

During the 2020–2024 ACS period, Penn Lake Park, Pennsylvania had a total population of 376, the 1490th largest borough in Pennsylvania, with a median household income of $87,159, which is 12% higher than the state average. The poverty rate is 1.1%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Penn Lake Park Quick Facts

Population 376
Median Household Income $87,159
Median Home Value $243,800
Poverty Rate 1.1%
Unemployment Rate 3.7%
Median Age 52.7 years
Homeownership Rate 93.8%
Affordability Ratio 2.8x
Bachelor's Degree or Higher 38.9%
High School Graduation Rate 95.9%
Diversity Index 14/100
Population 376 1490th of 1,991
Median Income $87,159 top 30%
Poverty Rate 1.1% 91% lower than national
Median Home Value $243,800 top 30%

How Penn Lake Park Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population343376+9.6%
Median household income$79,375$87,159+9.8%
Median home value$233,000$243,800+4.6%

How Penn Lake Park Compares

Economy & Housing

Household Income Distribution

Under $25K 5.1%
$25K-$50K 15.3%
$50K-$100K 39.6%
$100K+ 40.1%
Detailed income brackets
Under $10K
0.6%
$10K-$15K
1.1%
$15K-$20K
2.8%
$20K-$25K
0.6%
$25K-$30K
1.7%
$30K-$35K
4.0%
$35K-$40K
2.3%
$40K-$45K
2.8%
$45K-$50K
4.5%
$50K-$60K
6.8%
$60K-$75K
9.0%
$75K-$100K
23.7%
$100K-$125K
9.6%
$125K-$150K
7.9%
$150K-$200K
11.9%
$200K+
10.7%

Employment

3.7% Unemployment Rate State: 5.3%|National: 5.2%
60.1% Labor Force Participation

Housing Overview

Owner 93.8%
Renter 6.2%
Affordability Index Very Affordable
2.8x home value to income ratio
Median gross rent $1,875/mo 25.8% of median household income annually

People & Demographics

Diversity Index

14out of 100
Very Low Diversity

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

State average: 45 | National average: 61

Education

Penn Lake Park Rankings in Pennsylvania

#1490 Population of 1,991
#476 Median Income of 1,854
#346 Education of 1,987
#472 Home Value of 1,871

Other Cities in Luzerne County

CityPopulationMedian IncomePovertyHome Value
Wilkes-Barre 44,423 $48,515 23.1% $117,200
Hazleton 30,111 $46,177 25.0% $151,600
Kingston 13,397 $55,347 18.3% $172,900
Mountain Top 11,850 $109,535 5.8% $297,700
Nanticoke 10,653 $57,462 19.4% $108,100
Pittston 7,626 $49,941 20.0% $126,800
Plymouth 5,770 $39,167 24.1% $92,500
Exeter 5,541 $57,639 11.1% $146,800
West Hazleton 5,178 $34,118 34.9% $151,800
Duryea 5,084 $62,462 22.6% $157,900

Cities Similar to Penn Lake Park

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Forestville (Butler County)381N/A$108,80023.8%23.6%
Pennwyn384N/A$186,70027.2%26.6%
Indian Lake377$83,750$451,90051.6%4.0%
New Salem364$84,250$159,3003.3%0.0%
Blandburg393$85,357$110,2004.6%21.7%

A note before these figures: with a population of 376, Penn Lake Park's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.

Population Overview

Penn Lake Park is a small community located in Pennsylvania, within Luzerne County. The total population is 376. It ranks as the 1490th most populous out of 1,991 Census-designated places in Pennsylvania.

Age Demographics

The median age in Penn Lake Park is 52.7 years. This is 29% higher than the state median of 40.9 years. 10.4% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Penn Lake Park is $87,159. This is 12% higher than the state median of $77,971. It is also 8% higher than the national median of $80,734. The poverty rate stands at 1.1%. This is 91% lower than the state poverty rate of 11.7%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 3.7%. This is 29% lower than the state rate of 5.3%. The median home value is $243,800. Housing costs are 4% lower than the state median of $254,500. With a home-value-to-income ratio of just 2.8x, Penn Lake Park is one of the most affordable housing markets in the area. 93.8% of occupied housing units are owner-occupied. This homeownership rate is 35% higher than the state average of 69.3%.

Race & Ethnicity

Penn Lake Park has a predominantly White (non-Hispanic) population, comprising 92.5% of all residents. Hispanic or Latino residents account for 6.4%.

Education

38.9% of residents aged 25 and older hold a bachelor's degree or higher. This is 11% higher than the state rate of 35.2%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 95.9%. Notably, 19.1% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Penn Lake Park, Pennsylvania is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Pennsylvania state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,991 Census-designated places in Pennsylvania. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

Free data download: Get all Pennsylvania city and county demographics as CSV. Download Cities CSV | Download Counties CSV

Frequently Asked Questions

What is the population of Penn Lake Park, Pennsylvania?

Penn Lake Park, Pennsylvania has a population of 376 according to the most recent U.S. Census ACS 5-Year Estimates.

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

The median household income in Penn Lake Park is $87,159, which is 8% higher than the national median of $80,734.

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

The poverty rate in Penn Lake Park is 1.1%. This means approximately 4 residents live below the federal poverty line.

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

Penn Lake Park's population is 92.5% White, 0.0% Black, 6.4% Hispanic/Latino, and 0.0% Asian.

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

The median home value in Penn Lake Park is $243,800. The home-value-to-income ratio is 2.8x.

How educated is Penn Lake Park, Pennsylvania?

38.9% of adults (25+) in Penn Lake Park hold a bachelor's degree or higher, and 19.1% hold a graduate or professional degree.