Gold Key Lake, PA
Population 2,721 · Pennsylvania
About Gold Key Lake, PA
Gold Key Lake is a small town located in Pennsylvania with a population of 2,721 residents according to the latest US Census Bureau American Community Survey data. The median household income is $96,836 per year, which is 29% above the national median of $75,149. The median age of 41.8 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Gold Key Lake features a median home value of $206,700, which is 16% below the national median of $244,900. This positions Gold Key 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 1,094 total housing units, 86% are owner-occupied (821 units) and 14% are renter-occupied (130 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Gold Key Lake shows an unemployment rate of 3.6%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 8.3%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Gold Key Lake have an average one-way commute time of 50 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
31.3% of Gold Key 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, 3.5% Hispanic or Latino, 7.8% Black or African American, and 3.9% Asian residents, with 6.6% of the population being foreign-born.
Cost of Living in Gold Key Lake, PA
Compared to national averages, Gold Key Lake has a median household income of $96,836 (29% above the national median of $75,149). Home values average $206,700, which is 16% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Pennsylvania, Gold Key Lake's income is 32% above the state average of $73,376, and home values are 8% above the state median of $190,903.
Why Live in Gold Key Lake, PA?
Gold Key Lake offers a strong local economy with a median household income of $96,836, well above the national average, and affordable housing with a median home value of $206,700, below the US average of $244,900, and rent that’s lower than the national average at $0/month. Additionally, the city features a strong job market with an unemployment rate of just 3.6%, and a low poverty rate of 8.3%, better than the national average.
Gold Key Lake has a population of 2,721 with a median age of 41.8 years. Compare Gold Key Lake with other cities to see how it stacks up, or explore all cities in Pennsylvania.
Similar Cities Near Gold Key Lake
Cities in Pennsylvania with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Luzerne | 2,720 | $39,257 | $113,700 | Compare |
| Slippery Rock University | 2,724 | $0 | $0 | Compare |
| Highspire | 2,729 | $50,689 | $113,500 | Compare |
| Kulpmont | 2,735 | $51,066 | $76,800 | Compare |
| Lake Heritage | 2,737 | $133,011 | $300,200 | Compare |
| Gastonville | 2,703 | $78,438 | $173,000 | Compare |
| Dallas | 2,702 | $81,364 | $198,000 | Compare |
| East Lansdowne | 2,699 | $66,611 | $201,400 | 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 Gold Key Lake With Other Cities
Frequently Asked Questions about Gold Key Lake
What is the population of Gold Key Lake, PA?
The population of Gold Key Lake, PA is 2,721 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Pennsylvania.
What is the median household income in Gold Key Lake?
The median household income in Gold Key Lake, PA is $96,836 per year, which is 29% above the national median of $75,149.
What is the median home value in Gold Key Lake?
The median home value in Gold Key Lake, PA is $206,700, which is 16% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Gold Key Lake?
The median monthly rent in Gold Key Lake, PA is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Gold Key Lake?
The unemployment rate in Gold Key Lake, PA is 3.6%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Gold Key Lake, PA a good place to live?
Gold Key Lake offers above-average incomes, affordable housing, and a strong job market. With a population of 2,721 and a median age of 41.8, the city appeals to a broad range of residents.
How educated is Gold Key Lake, PA?
31.3% of residents in Gold Key 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 Gold Key Lake?
Key cost-of-living indicators for Gold Key Lake, PA: median home value is $206,700 (16% below national), median rent is $0/month, and median household income is $96,836. The home-value-to-income ratio is 2.1x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Gold Key Lake?
The poverty rate in Gold Key Lake, PA is 8.3%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Gold Key Lake, PA?
Gold Key Lake's population is 0.0% White, 3.5% Hispanic or Latino, 7.8% Black or African American, 3.9% Asian, and 7.6% two or more races. 6.6% of residents are foreign-born.