Deer Lake, PA
Population 730 · Pennsylvania
About Deer Lake, PA
Deer Lake is a small community located in Pennsylvania with a population of 730 residents according to the latest US Census Bureau American Community Survey data. The median household income is $107,917 per year, which is 44% above the national median of $75,149. The median age of 46.7 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 Deer Lake features a median home value of $223,000, which is 9% below the national median of $244,900. This positions Deer Lake in a moderately priced market relative to the rest of the country. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 310 total housing units, 95% are owner-occupied (275 units) and 5% are renter-occupied (14 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Deer Lake shows an unemployment rate of 3.9%, which is near the national rate of 3.7%. The poverty rate stands at 5.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Deer Lake have an average one-way commute time of 34.7 minutes.
Education & Demographics
37.2% of Deer Lake residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 0.0% White, 0.8% Hispanic or Latino, 0.5% Black or African American, and 0.5% Asian residents, with 2.3% of the population being foreign-born.
Cost of Living in Deer Lake, PA
Compared to national averages, Deer Lake has a median household income of $107,917 (44% above the national median of $75,149). Home values average $223,000, which is 9% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Pennsylvania, Deer Lake's income is 47% above the state average of $73,376, and home values are 17% above the state median of $190,903.
Why Live in Deer Lake, PA?
Deer Lake offers a strong local economy with a median household income of $107,917, well above the national average, and affordable housing with a median home value of $223,000, below the US average of $244,900, and rent that’s lower than the national average at $0/month. Additionally, the city features a well-educated community where 37.2% of residents hold a bachelor’s degree or higher, and a low poverty rate of 5.0%, better than the national average.
Deer Lake has a population of 730 with a median age of 46.7 years. Compare Deer Lake with other cities to see how it stacks up, or explore all cities in Pennsylvania.
Similar Cities Near Deer Lake
Cities in Pennsylvania with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Stockertown | 730 | $107,708 | $303,800 | Compare |
| Arcadia University | 731 | $0 | $0 | Compare |
| Ellsworth | 729 | $62,656 | $103,800 | Compare |
| Cranesville | 732 | $73,824 | $120,700 | Compare |
| McKnightstown | 728 | $111,923 | $185,900 | Compare |
| Rohrerstown | 732 | $0 | $272,500 | Compare |
| Yukon | 727 | $46,431 | $0 | Compare |
| Patterson Heights | 725 | $99,524 | $213,700 | 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.
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Frequently Asked Questions about Deer Lake
What is the population of Deer Lake, PA?
The population of Deer Lake, PA is 730 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 Deer Lake?
The median household income in Deer Lake, PA is $107,917 per year, which is 44% above the national median of $75,149.
What is the median home value in Deer Lake?
The median home value in Deer Lake, PA is $223,000, which is 9% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Deer Lake?
The median monthly rent in Deer Lake, PA is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Deer Lake?
The unemployment rate in Deer Lake, PA is 3.9%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Deer Lake, PA a good place to live?
Deer Lake offers above-average incomes, affordable housing, and growing employment opportunities. With a population of 730 and a median age of 46.7, the city appeals to established professionals and retirees.
How educated is Deer Lake, PA?
37.2% of residents in Deer Lake aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Deer Lake?
Key cost-of-living indicators for Deer Lake, PA: median home value is $223,000 (9% below national), median rent is $0/month, and median household income is $107,917. The home-value-to-income ratio is 2.1x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Deer Lake?
The poverty rate in Deer Lake, PA is 5.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Deer Lake, PA?
Deer Lake's population is 0.0% White, 0.8% Hispanic or Latino, 0.5% Black or African American, 0.5% Asian, and 0.0% two or more races. 2.3% of residents are foreign-born.