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CITY

Lakemont

Pennsylvania · 1,644 residents · 1.014 sq mi
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The short version

Lakemont has notably lower household income than the US average, with a median household income of $52,955. Population has held roughly steady since 2023. Median home value is $157,100. With a median age of 61.9, the population is older than the US median of 38.9. Households here earn about 32% less than the Pennsylvania median.

At a glance
Lower income
below the US median
US median: $82,259
Older
median age 61.9
US median: 38.9
Less educated
26% 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
1,644
+9%since 2023
from 1,504 in 2023
2010 – 2024
Population density
1,621 / sq mi
+9%since 2023
from 1,483 / sq mi in 2023
US average: 281
Median age
61.9
+8%since 2023
from 57.5 in 2023
US average: 38.9
Population, 2010 – 2024
1K2K2K2K3K201020202024Lakemont
20242K
201020202024
Section 02

Income & economy

Median household income
$52,955
+5%inflation adjusted, since 2023
from $49,036 in 2023
US average: $82,259
2010 – 2024
Per capita income
$34,199
+6%since 2023
from $32,308 in 2023
US average: $44,673
Households earning $100K+
32.4%
+2.0 ptssince 2023
from 30.5% in 2023
US average: 53.3%
Poverty rate
13.1%
−0.8 ptssince 2023
from 13.9% in 2023
US average: 12.5%
Income inequality (Gini)
0.453
+3%since 2023
from 0.440 in 2023
US average: 0.476
Workforce by industry, 2024
Retail trade12.8%
US avg: 9.9%
Information12.6%
US avg: 10.8%
Wholesale trade10.7%
US avg: 6.9%
Finance & insurance6.6%
US avg: 5.9%
Professional, scientific, technical6.6%
US avg: 5.1%
Transportation & warehousing4.3%
US avg: 2.2%
Other services4.1%
US avg: 6.7%
Public administration4.1%
US avg: 4.8%
Arts, entertainment, food0.9%
US avg: 1.9%
Agriculture, forestry, fishing0%
US avg: 1.6%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
Education & health services0%
US avg: 0.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$157,100
+4%inflation adjusted, since 2023
from $147,300 in 2023
US average: $376,019
2010 – 2024
Median gross rent
$926
−18%inflation adjusted, since 2023
from $1,103 in 2023
US average: $1,442
Owner-occupied
68.1%
−1.9 ptssince 2023
from 69.9% in 2023
31.9% rent
Vacancy rate
7.4%
−0.7 ptssince 2023
from 8.1% in 2023
US average: 10.0%
Owner cost-burdened
16.3%
−0.4 ptssince 2023
from 16.8% in 2023
US average: 22.9%
Renter cost-burdened
45.1%
+11.4 ptssince 2023
from 33.6% in 2023
US average: 47.4%
Afford Score
3.0
−1%since 2023
from 3.0 in 2023
2010 – 2024
Gentrification Score
48
RELATED:See current rent listings in Lakemont on RentDataNow
Section 04

Race & ethnicity

2023
White, non-Hispanic96.3%(1,448)
Black0.1%(1)
Hispanic / Latino1.7%(26)
Asian1.9%(29)
Other0%(0)
Diversity Score9.1%(136)
2024
White, non-Hispanic98.8%(1,624)
Black0.2%(3)
Hispanic / Latino0%(0)
Asian1%(17)
Other0%(0)
Diversity Score3%(49)
Diversity Score
3
−67%since 2023
from 9 in 2023
2010 – 2024
Section 05

Education

Bachelor's degree or higher
25.9%
+4.6 ptssince 2023
from 21.3% in 2023
US average: 35.6%
High school or higher
94.7%
+0.7 ptssince 2023
from 94.1% in 2023
US average: 89.6%
Graduate degree
13.0%
+3.5 ptssince 2023
from 9.5% in 2023
US average: 14.0%
Section 06

Commute & transportation

Average commute
21.5 min
+2%since 2023
from 21.0 min in 2023
US average: 26.5
Drive alone to work
75.1%
−4.5 ptssince 2023
from 79.6% in 2023
US average: 68.9%
Carpooled to work
7.9%
+2.1 ptssince 2023
from 5.8% in 2023
US average: 8.5%
Public transit
3.7%
−0.2 ptssince 2023
from 3.9% in 2023
US average: 3.2%
Worked from home
12.1%
+4.7 ptssince 2023
from 7.4% in 2023
US average: 15.0%
Walked to work
0.0%
−1.1 ptssince 2023
from 1.1% in 2023
US average: 2.4%
Biked to work
0.0%
−0.9 ptssince 2023
from 0.9% in 2023
US average: 0.4%
No vehicle available
19.8%
+1.3 ptssince 2023
from 18.5% in 2023
US average: 8.3%
Section 07

Work & employment

Unemployment rate
2.6%
−3.7 ptssince 2023
from 6.3% in 2023
US average: 5.2%
Labor force participation
47.1%
−5.0 ptssince 2023
from 52.1% in 2023
US average: 63.5%
Self-employed
9.9%
−2.5 ptssince 2023
from 12.3% in 2023
US average: 13.1%
Management & professional
36.2%
−3.4 ptssince 2023
from 39.5% in 2023
US average: 42.5%
Section 08

People & community

Male
40.4%
−1.9 ptssince 2023
from 42.3% in 2023
Female
59.6%
+1.9 ptssince 2023
from 57.7% in 2023
Foreign born
1.8%
−0.4 ptssince 2023
from 2.3% in 2023
US average: 14.1%
Veterans
7.0%
−0.7 ptssince 2023
from 7.8% in 2023
US average: 6.2%
With a disability
16.7%
−1.5 ptssince 2023
from 18.2% in 2023
US average: 13.3%
Uninsured
3.2%
+0.5 ptssince 2023
from 2.7% in 2023
US average: 8.4%
Broadband at home
74.1%
+0.2 ptssince 2023
from 73.9% in 2023
US average: 91.0%
English only at home
98.5%
+0.9 ptssince 2023
from 97.6% in 2023
US average: 77.7%
Spanish at home
0.0%
−0.4 ptssince 2023
from 0.4% in 2023
US average: 13.6%
Drill deeper

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Head to head

Compare Lakemont to nearby cities

LAKEMONT VS
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Income$51,250−3%
Home value$119,900−24%
Population42,347+2476%
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LAKEMONT VS
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Income$37,888−28%
Home value$45,400−71%
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LAKEMONT VS
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LAKEMONT VS
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Home value$437,800+179%
Population40,844+2384%
SEE FULL COMPARISON →
Frequently asked

How many people live in Lakemont, Pennsylvania?

Lakemont, Pennsylvania has about 1,644 residents according to the 2024 American Community Survey.

What is the median household income in Lakemont, Pennsylvania?

The typical household in Lakemont, Pennsylvania earns about $52,955 a year. Half of households make more than that, and half make less.

Is Lakemont, Pennsylvania expensive?

In Lakemont, Pennsylvania, the median home is worth about $157,100, and the typical rent is about $926 a month.

How educated are people in Lakemont, Pennsylvania?

About 25.9% of adults age 25 and over in Lakemont, Pennsylvania hold a bachelor's degree or higher.

What is the poverty rate in Lakemont, Pennsylvania?

About 13.1% of people in Lakemont, Pennsylvania live below the federal poverty line.

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

How we source and harmonize this data →

Lakemont, Pennsylvania: demographics, income & housing data · CensusEasy