CensusEasy
CITY · 2020 ACS

Lakemont

Pennsylvania · 1,773 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 $42,234. Population has declined 5% since 2019. Median home value is $114,700. With a median age of 54.3, the population is older than the US median of 38.8. Households here earn about 34% less than the Pennsylvania median.

At a glance
Lower income
below the US median
US median: $66,278
Older
median age 54.3
US median: 38.8
Less educated
22% hold a bachelor's degree
US average: 33%
More affordable
home values down 9%, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
1,773
−5%since 2019
from 1,860 in 2019
2010 – 2024
Population density
1,749 / sq mi
−5%since 2019
from 1,834 / sq mi in 2019
US average: 280
Median age
54.3
+8%since 2019
from 50.2 in 2019
US average: 38.8
Population, 2010 – 2024
1K2K2K2K3K201020202024Lakemont
20242K
201020202024
Section 02

Income & economy

Median household income
$42,234
−20%inflation adjusted, since 2019
from $52,471 in 2019
US average: $66,278
2010 – 2024
Per capita income
$29,205
−5%since 2019
from $30,806 in 2019
US average: $35,364
Households earning $100K+
27.7%
−6.6 ptssince 2019
from 34.3% in 2019
US average: 43.9%
Poverty rate
15.9%
+7.5 ptssince 2019
from 8.4% in 2019
US average: 12.8%
Workforce by industry, 2020
Information16.4%
US avg: 11.1%
Finance & insurance12.2%
US avg: 5.5%
Professional, scientific, technical9.8%
US avg: 4.7%
Retail trade7.6%
US avg: 10%
Wholesale trade4.1%
US avg: 6.7%
Education & health services2.4%
US avg: 0.8%
Transportation & warehousing1.8%
US avg: 2.5%
Other services1.4%
US avg: 6.6%
Public administration1.4%
US avg: 4.7%
Arts, entertainment, food1.2%
US avg: 2%
Agriculture, forestry, fishing0%
US avg: 1.7%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.5%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$114,700
−9%inflation adjusted, since 2019
from $124,400 in 2019
US average: $265,253
2010 – 2024
Median gross rent
$843
+3%inflation adjusted, since 2019
from $808 in 2019
US average: $1,124
Owner-occupied
79.4%
+3.3 ptssince 2019
from 76.1% in 2019
20.6% rent
Afford Score
2.7
+15%since 2019
from 2.4 in 2019
2010 – 2024
RELATED:See current rent listings in Lakemont on RentDataNow
Section 04

Race & ethnicity

2019
White, non-Hispanic96.5%(1,794)
Black0%(0)
Hispanic / Latino1.5%(28)
Asian2%(38)
Other0%(0)
Diversity Score8.6%(161)
2020
White, non-Hispanic92.5%(1,640)
Black1.4%(24)
Hispanic / Latino2%(36)
Asian1.8%(32)
Other0%(0)
Diversity Score12.8%(227)
Diversity Score
13
+48%since 2019
from 9 in 2019
2010 – 2024
Section 05

Education

Bachelor's degree or higher
21.9%
−5.0 ptssince 2019
from 26.9% in 2019
US average: 32.9%
High school or higher
94.4%
−0.1 ptssince 2019
from 94.5% in 2019
US average: 88.5%
Graduate degree
6.6%
+0.1 ptssince 2019
from 6.6% in 2019
US average: 12.7%
Section 06

Commute & transportation

Average commute
15.4 min
−4%since 2019
from 16.1 min in 2019
US average: 26.9
Drive alone to work
85.5%
+1.7 ptssince 2019
from 83.8% in 2019
US average: 75.1%
No vehicle available
21.8%
+17.3 ptssince 2019
from 4.5% in 2019
US average: 8.4%
Section 07

Work & employment

Unemployment rate
5.3%
−0.1 ptssince 2019
from 5.3% in 2019
US average: 5.4%
Labor force participation
55.5%
−12.6 ptssince 2019
from 68.1% in 2019
US average: 63.4%
Management & professional
42.4%
+3.8 ptssince 2019
from 38.6% in 2019
US average: 39.3%
Section 08

People & community

Male
41.2%
−4.8 ptssince 2019
from 45.9% in 2019
Female
58.8%
+4.8 ptssince 2019
from 54.1% in 2019
Foreign born
0.0%
−1.2 ptssince 2019
from 1.2% in 2019
US average: 13.5%
Uninsured
1.7%
−1.3 ptssince 2019
from 3.0% in 2019
US average: 8.8%
Drill deeper

Places similar to Lakemont

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Pop 1,639
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Pop 1,640
Hawthorne
Pop 1,505
Pierson
Pop 1,555
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Head to head

Compare Lakemont to nearby cities

LAKEMONT VS
Altoona
Income$51,250+21%
Home value$119,900+5%
Population42,347+2476%
SEE FULL COMPARISON →
LAKEMONT VS
Johnstown
Income$37,888−10%
Home value$45,400−60%
Population17,654+974%
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LAKEMONT VS
Park Forest
Income$79,120+87%
Home value$389,600+240%
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LAKEMONT VS
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Income$45,424+8%
Home value$437,800+282%
Population40,844+2384%
SEE FULL COMPARISON →
Frequently asked

How many people live in Lakemont, Pennsylvania?

Lakemont, Pennsylvania has about 1,773 residents according to the 2020 American Community Survey.

What is the median household income in Lakemont, Pennsylvania?

The typical household in Lakemont, Pennsylvania earns about $42,234 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 $114,700, and the typical rent is about $843 a month.

How educated are people in Lakemont, Pennsylvania?

About 21.9% 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 15.9% 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

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