Lakemont, PA
Population 1,504 · Pennsylvania
About Lakemont, PA
Lakemont is a small community in Pennsylvania with a population of 1,504 residents. The median household income is $49,036 per year, which is below the national average. The median age in Lakemont is 57.5 years.
Housing in Lakemont has a median home value of $147,300 and median monthly rent of $1,103. Of the 817 total housing units, the majority are owner-occupied, with 525 owner-occupied and 226 renter-occupied units.
The unemployment rate in Lakemont is 6.3% and the poverty rate is 13.9%. 21.3% of residents hold a bachelor's degree or higher. The average commute time is 21 minutes.
Cost of Living in Lakemont, PA
Compared to national averages, Lakemont has a median household income of $49,036 (35% below the national median of $75,149). Home values average $147,300, which is 40% below the national median. Monthly rent at $1,103 is 5% below the US average of $1,163. Within Pennsylvania, Lakemont's income is 33% below the state average of $73,376, and home values are 23% below the state median of $190,903.
Why Live in Lakemont, PA?
Lakemont offers affordable housing with a median home value of $147,300, below the US average of $244,900, and rent that’s lower than the national average at $1,103/month, and short commute times averaging just 21 minutes.
Potential considerations include median household income ($49,036) that falls below the national average. However, Lakemont’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Lakemont has a population of 1,504 with a median age of 57.5 years. Compare Lakemont with other cities to see how it stacks up, or explore all cities in Pennsylvania.
Similar Cities Near Lakemont
Cities in Pennsylvania with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Intercourse | 1,506 | $81,250 | $435,400 | Compare |
| Palmdale | 1,507 | $60,449 | $221,500 | Compare |
| Cresson | 1,499 | $57,841 | $119,500 | Compare |
| West Conshohocken | 1,499 | $142,917 | $452,400 | Compare |
| Catawissa | 1,498 | $53,472 | $139,700 | Compare |
| McConnellstown | 1,496 | $98,000 | $202,400 | Compare |
| Hereford | 1,494 | $69,205 | $0 | Compare |
| West Myerstown | 1,493 | $80,650 | $262,600 | 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 Lakemont
What is the population of Lakemont, PA?
The population of Lakemont, PA is 1,504 according to the latest Census data.
What is the median household income in Lakemont?
The median household income in Lakemont, PA is $49,036 per year.
What is the median home value in Lakemont?
The median home value in Lakemont, PA is $147,300.
What is the average rent in Lakemont?
The median monthly rent in Lakemont, PA is $1,103.
What is the unemployment rate in Lakemont?
The unemployment rate in Lakemont, PA is 6.3%.