Lake Latonka, PA
Population 741 · Pennsylvania
About Lake Latonka, PA
Lake Latonka is a small community located in Pennsylvania with a population of 741 residents according to the latest US Census Bureau American Community Survey data. The median household income is $107,813 per year, which is 43% above the national median of $75,149. The median age of 57.7 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 Lake Latonka features a median home value of $354,500, which is 45% above the national median of $244,900. This positions Lake Latonka 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 521 total housing units, 97% are owner-occupied (342 units) and 3% are renter-occupied (9 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Lake Latonka shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 2.4%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Lake Latonka have an average one-way commute time of 36.2 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
44.0% of Lake Latonka residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 1.8% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Lake Latonka, PA
Compared to national averages, Lake Latonka has a median household income of $107,813 (43% above the national median of $75,149). Home values average $354,500, which is 45% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Pennsylvania, Lake Latonka's income is 47% above the state average of $73,376, and home values are 86% above the state median of $190,903.
Why Live in Lake Latonka, PA?
Lake Latonka offers a strong local economy with a median household income of $107,813, well above the national average, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a well-educated community where 44.0% of residents hold a bachelor’s degree or higher, and a low poverty rate of 2.4%, better than the national average.
Lake Latonka has a population of 741 with a median age of 57.7 years. Compare Lake Latonka with other cities to see how it stacks up, or explore all cities in Pennsylvania.
Similar Cities Near Lake Latonka
Cities in Pennsylvania with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Conneautville | 741 | $54,063 | $94,700 | Compare |
| Beaver Springs | 740 | $53,750 | $129,000 | Compare |
| Browndale | 740 | $67,875 | $138,400 | Compare |
| Nuangola | 743 | $82,000 | $244,100 | Compare |
| Tidioute | 739 | $41,167 | $79,500 | Compare |
| North Irwin | 745 | $52,798 | $151,800 | Compare |
| Connoquenessing | 736 | $106,071 | $290,500 | Compare |
| Hopeland | 746 | $92,893 | $260,200 | 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 Lake Latonka With Other Cities
Frequently Asked Questions about Lake Latonka
What is the population of Lake Latonka, PA?
The population of Lake Latonka, PA is 741 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 Lake Latonka?
The median household income in Lake Latonka, PA is $107,813 per year, which is 43% above the national median of $75,149.
What is the median home value in Lake Latonka?
The median home value in Lake Latonka, PA is $354,500, which is 45% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Lake Latonka?
The median monthly rent in Lake Latonka, PA is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Lake Latonka?
The unemployment rate in Lake Latonka, PA is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Lake Latonka, PA a good place to live?
Lake Latonka offers above-average incomes, a competitive housing market, and a strong job market. With a population of 741 and a median age of 57.7, the city appeals to established professionals and retirees.
How educated is Lake Latonka, PA?
44.0% of residents in Lake Latonka 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 Lake Latonka?
Key cost-of-living indicators for Lake Latonka, PA: median home value is $354,500 (45% above national), median rent is $0/month, and median household income is $107,813. The home-value-to-income ratio is 3.3x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Lake Latonka?
The poverty rate in Lake Latonka, PA is 2.4%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Lake Latonka, PA?
Lake Latonka's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 1.8% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.