Conneaut Lake, PA
Population 546 · Pennsylvania
About Conneaut Lake, PA
Conneaut Lake is a small community located in Pennsylvania with a population of 546 residents according to the latest US Census Bureau American Community Survey data. The median household income is $47,500 per year, which is 37% below the national median of $75,149. The median age of 42.5 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Conneaut Lake features a median home value of $126,300, which is 48% below the national median of $244,900. This makes Conneaut Lake one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $775, 33% below the national average of $1,163/month. Of the 301 total housing units, 61% are owner-occupied (160 units) and 39% are renter-occupied (102 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Conneaut Lake shows an unemployment rate of 4.2%, which is near the national rate of 3.7%. The poverty rate stands at 16.1%, above the national average of 12.4%. Workers in Conneaut Lake have an average one-way commute time of 21.2 minutes.
Education & Demographics
18.9% of Conneaut Lake residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 1.1% White, 0.0% Hispanic or Latino, 4.8% Black or African American, and 2.2% Asian residents, with 1.6% of the population being foreign-born.
Cost of Living in Conneaut Lake, PA
Compared to national averages, Conneaut Lake has a median household income of $47,500 (37% below the national median of $75,149). Home values average $126,300, which is 48% below the national median. Monthly rent at $775 is 33% below the US average of $1,163. Within Pennsylvania, Conneaut Lake's income is 35% below the state average of $73,376, and home values are 34% below the state median of $190,903.
Why Live in Conneaut Lake, PA?
Conneaut Lake offers affordable housing with a median home value of $126,300, below the US average of $244,900, and rent that’s lower than the national average at $775/month, and short commute times averaging just 21.2 minutes.
Potential considerations include median household income ($47,500) that falls below the national average. However, Conneaut Lake’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Conneaut Lake has a population of 546 with a median age of 42.5 years. Compare Conneaut Lake with other cities to see how it stacks up, or explore all cities in Pennsylvania.
Similar Cities Near Conneaut Lake
Cities in Pennsylvania with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Foot of Ten | 545 | $53,625 | $139,200 | Compare |
| Greens Landing | 547 | $102,727 | $202,300 | Compare |
| Laurys Station | 547 | $133,173 | $421,300 | Compare |
| Jacksonville CDP (Indiana County), Pennsylvania | 548 | $55,000 | $75,400 | Compare |
| Lewisberry | 548 | $92,188 | $205,700 | Compare |
| Port Matilda | 552 | $50,511 | $157,200 | Compare |
| Crucible | 539 | $0 | $0 | Compare |
| Grassflat | 539 | $73,155 | $160,200 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Pennsylvania
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Conneaut Lake With Other Cities
Frequently Asked Questions about Conneaut Lake
What is the population of Conneaut Lake, PA?
The population of Conneaut Lake, PA is 546 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Pennsylvania.
What is the median household income in Conneaut Lake?
The median household income in Conneaut Lake, PA is $47,500 per year, which is 37% below the national median of $75,149.
What is the median home value in Conneaut Lake?
The median home value in Conneaut Lake, PA is $126,300, which is 48% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Conneaut Lake?
The median monthly rent in Conneaut Lake, PA is $775, which is 33% below the national average of $1,163/month.
What is the unemployment rate in Conneaut Lake?
The unemployment rate in Conneaut Lake, PA is 4.2%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Conneaut Lake, PA a good place to live?
Conneaut Lake offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 546 and a median age of 42.5, the city appeals to a broad range of residents.
How educated is Conneaut Lake, PA?
18.9% of residents in Conneaut Lake aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Conneaut Lake?
Key cost-of-living indicators for Conneaut Lake, PA: median home value is $126,300 (48% below national), median rent is $775/month, and median household income is $47,500. The home-value-to-income ratio is 2.7x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Conneaut Lake?
The poverty rate in Conneaut Lake, PA is 16.1%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Conneaut Lake, PA?
Conneaut Lake's population is 1.1% White, 0.0% Hispanic or Latino, 4.8% Black or African American, 2.2% Asian, and 0.0% two or more races. 1.6% of residents are foreign-born.