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CITY

Lake Latonka

Pennsylvania · 651 residents · 1.999 sq mi
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The short version

Lake Latonka is wealthier than most US places, with a median household income of $94,167. Population has declined 12% since 2023. 48% of adults hold a bachelor's degree or higher. Median home value is $392,600. With a median age of 61.4, the population is older than the US median of 38.9. It sits in the top 10% of US cities for household income.

At a glance
Wealthier
above the US median
US median: $82,259
Older
median age 61.4
US median: 38.9
More educated
48% hold a bachelor's degree
US average: 36%
Stable housing
home values roughly flat, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
651
−12%since 2023
from 741 in 2023
2010 – 2024
Population density
326 / sq mi
−12%since 2023
from 371 / sq mi in 2023
US average: 281
Median age
61.4
+6%since 2023
from 57.7 in 2023
US average: 38.9
Population, 2010 – 2024
6157238329401K201020202024Lake Latonka
2024651
201020202024
Section 02

Income & economy

Median household income
$94,167
−15%inflation adjusted, since 2023
from $107,813 in 2023
US average: $82,259
2010 – 2024
Per capita income
$63,268
+6%since 2023
from $59,611 in 2023
US average: $44,673
Households earning $100K+
60.2%
−3.9 ptssince 2023
from 64.1% in 2023
US average: 53.3%
Poverty rate
5.7%
+3.3 ptssince 2023
from 2.4% in 2023
US average: 12.5%
Income inequality (Gini)
0.411
+14%since 2023
from 0.362 in 2023
US average: 0.476
Workforce by industry, 2024
Retail trade23.7%
US avg: 9.9%
Wholesale trade9.2%
US avg: 6.9%
Information8.5%
US avg: 10.8%
Other services7.8%
US avg: 6.7%
Finance & insurance6%
US avg: 5.9%
Professional, scientific, technical4.9%
US avg: 5.1%
Public administration4.9%
US avg: 4.8%
Transportation & warehousing3.9%
US avg: 2.2%
Education & health services1.1%
US avg: 0.9%
Agriculture, forestry, fishing0%
US avg: 1.6%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
Arts, entertainment, food0%
US avg: 1.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$392,600
+8%inflation adjusted, since 2023
from $354,500 in 2023
US average: $376,019
2010 – 2024
Owner-occupied
97.7%
+0.2 ptssince 2023
from 97.4% in 2023
2.3% rent
Vacancy rate
34.7%
+2.1 ptssince 2023
from 32.6% in 2023
US average: 10.0%
Owner cost-burdened
24.6%
+5.8 ptssince 2023
from 18.7% in 2023
US average: 22.9%
Renter cost-burdened
37.5%
+4.2 ptssince 2023
from 33.3% in 2023
US average: 47.4%
Afford Score
4.2
+27%since 2023
from 3.3 in 2023
2010 – 2024
Gentrification Score
56
RELATED:See current rent listings in Lake Latonka on RentDataNow
Section 04

Race & ethnicity

2023
White, non-Hispanic98.2%(728)
Black0%(0)
Hispanic / Latino1.8%(13)
Asian0%(0)
Other0%(0)
Diversity Score4.3%(32)
2024
White, non-Hispanic96.5%(628)
Black0%(0)
Hispanic / Latino1.5%(10)
Asian0%(0)
Other2%(13)
Diversity Score8.6%(56)
Diversity Score
9
+100%since 2023
from 4 in 2023
2010 – 2024
Section 05

Education

Bachelor's degree or higher
47.8%
+3.8 ptssince 2023
from 44.0% in 2023
US average: 35.6%
High school or higher
99.3%
−0.4 ptssince 2023
from 99.7% in 2023
US average: 89.6%
Graduate degree
17.2%
+1.0 ptssince 2023
from 16.3% in 2023
US average: 14.0%
Section 06

Commute & transportation

Average commute
32.3 min
−11%since 2023
from 36.2 min in 2023
US average: 26.5
Drive alone to work
77.7%
−0.9 ptssince 2023
from 78.7% in 2023
US average: 68.9%
Carpooled to work
4.2%
−0.7 ptssince 2023
from 5.0% in 2023
US average: 8.5%
Public transit
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 3.2%
Worked from home
16.3%
+1.6 ptssince 2023
from 14.6% in 2023
US average: 15.0%
Walked to work
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 2.4%
Biked to work
1.8%
+1.8 ptssince 2023
from 0.0% in 2023
US average: 0.4%
No vehicle available
2.6%
+1.2 ptssince 2023
from 1.4% in 2023
US average: 8.3%
Section 07

Work & employment

Unemployment rate
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 5.2%
Labor force participation
46.6%
−3.8 ptssince 2023
from 50.4% in 2023
US average: 63.5%
Self-employed
9.9%
−1.2 ptssince 2023
from 11.1% in 2023
US average: 13.1%
Management & professional
48.1%
+3.9 ptssince 2023
from 44.2% in 2023
US average: 42.5%
Section 08

People & community

Male
44.2%
−0.6 ptssince 2023
from 44.8% in 2023
Female
55.8%
+0.6 ptssince 2023
from 55.2% in 2023
Foreign born
1.4%
+1.4 ptssince 2023
from 0.0% in 2023
US average: 14.1%
Veterans
9.8%
+2.8 ptssince 2023
from 7.0% in 2023
US average: 6.2%
With a disability
10.8%
+0.8 ptssince 2023
from 10.0% in 2023
US average: 13.3%
Uninsured
2.0%
+0.5 ptssince 2023
from 1.5% in 2023
US average: 8.4%
Broadband at home
98.8%
+1.6 ptssince 2023
from 97.2% in 2023
US average: 91.0%
English only at home
99.2%
−0.8 ptssince 2023
from 100.0% in 2023
US average: 77.7%
Spanish at home
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 13.6%
Drill deeper

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Head to head

Compare Lake Latonka to nearby cities

LAKE LATONKA VS
Hermitage
Income$70,052−26%
Home value$199,500−49%
Population16,308+2405%
SEE FULL COMPARISON →
LAKE LATONKA VS
Sharon
Income$45,670−52%
Home value$78,800−80%
Population12,648+1843%
SEE FULL COMPARISON →
LAKE LATONKA VS
New Castle
Income$42,219−55%
Home value$77,400−80%
Population21,175+3153%
SEE FULL COMPARISON →
LAKE LATONKA VS
Meadville
Income$43,308−54%
Home value$116,400−70%
Population12,230+1779%
SEE FULL COMPARISON →
Frequently asked

How many people live in Lake Latonka, Pennsylvania?

Lake Latonka, Pennsylvania has about 651 residents according to the 2024 American Community Survey.

What is the median household income in Lake Latonka, Pennsylvania?

The typical household in Lake Latonka, Pennsylvania earns about $94,167 a year. Half of households make more than that, and half make less.

Is Lake Latonka, Pennsylvania expensive?

In Lake Latonka, Pennsylvania, the median home is worth about $392,600.

How educated are people in Lake Latonka, Pennsylvania?

About 47.8% of adults age 25 and over in Lake Latonka, Pennsylvania hold a bachelor's degree or higher.

What is the poverty rate in Lake Latonka, Pennsylvania?

About 5.7% of people in Lake Latonka, Pennsylvania live below the federal poverty line.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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