Lake Meade, PA
Population 2,398 · Pennsylvania
About Lake Meade, PA
Lake Meade is a small town located in Pennsylvania with a population of 2,398 residents according to the latest US Census Bureau American Community Survey data. The median household income is $110,833 per year, which is 47% above the national median of $75,149. The median age of 51.3 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 Meade features a median home value of $291,900, which is 19% above the national median of $244,900. This positions Lake Meade 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 1,121 total housing units, 98% are owner-occupied (882 units) and 2% are renter-occupied (16 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Lake Meade shows an unemployment rate of 1.7%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 3.3%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Lake Meade have an average one-way commute time of 33.5 minutes.
Education & Demographics
34.3% of Lake Meade 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, 0.3% Hispanic or Latino, 1.0% Black or African American, and 0.3% Asian residents, with 1.2% of the population being foreign-born.
Cost of Living in Lake Meade, PA
Compared to national averages, Lake Meade has a median household income of $110,833 (47% above the national median of $75,149). Home values average $291,900, which is 19% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Pennsylvania, Lake Meade's income is 51% above the state average of $73,376, and home values are 53% above the state median of $190,903.
Why Live in Lake Meade, PA?
Lake Meade offers a strong local economy with a median household income of $110,833, 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 1.7%. Additionally, the city features a well-educated community where 34.3% of residents hold a bachelor’s degree or higher, and a low poverty rate of 3.3%, better than the national average.
Lake Meade has a population of 2,398 with a median age of 51.3 years. Compare Lake Meade with other cities to see how it stacks up, or explore all cities in Pennsylvania.
Similar Cities Near Lake Meade
Cities in Pennsylvania with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Nanty-Glo | 2,399 | $47,933 | $81,100 | Compare |
| Berlin | 2,407 | $53,973 | $122,800 | Compare |
| Adamstown | 2,387 | $102,375 | $263,000 | Compare |
| Coudersport | 2,409 | $54,402 | $119,600 | Compare |
| Elysburg | 2,410 | $119,646 | $238,400 | Compare |
| Coopersburg | 2,384 | $69,531 | $282,700 | Compare |
| Andalusia | 2,376 | $64,970 | $305,100 | Compare |
| Tullytown | 2,367 | $71,118 | $320,500 | 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 Meade With Other Cities
Frequently Asked Questions about Lake Meade
What is the population of Lake Meade, PA?
The population of Lake Meade, PA is 2,398 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 Lake Meade?
The median household income in Lake Meade, PA is $110,833 per year, which is 47% above the national median of $75,149.
What is the median home value in Lake Meade?
The median home value in Lake Meade, PA is $291,900, which is 19% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Lake Meade?
The median monthly rent in Lake Meade, PA is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Lake Meade?
The unemployment rate in Lake Meade, PA is 1.7%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Lake Meade, PA a good place to live?
Lake Meade offers above-average incomes, a competitive housing market, and a strong job market. With a population of 2,398 and a median age of 51.3, the city appeals to established professionals and retirees.
How educated is Lake Meade, PA?
34.3% of residents in Lake Meade 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 Meade?
Key cost-of-living indicators for Lake Meade, PA: median home value is $291,900 (19% above national), median rent is $0/month, and median household income is $110,833. The home-value-to-income ratio is 2.6x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Lake Meade?
The poverty rate in Lake Meade, PA is 3.3%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Lake Meade, PA?
Lake Meade's population is 0.0% White, 0.3% Hispanic or Latino, 1.0% Black or African American, 0.3% Asian, and 0.0% two or more races. 1.2% of residents are foreign-born.