Lima, PA
Population 2,834 · Pennsylvania
About Lima, PA
Lima is a small town located in Pennsylvania with a population of 2,834 residents according to the latest US Census Bureau American Community Survey data. The median household income is $76,953 per year, which is 2% above the national median of $75,149. The median age of 66.3 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 Lima features a median home value of $372,300, which is 52% above the national median of $244,900. This places Lima in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $2,343, 101% above the national average of $1,163/month. Of the 1,305 total housing units, 42% are owner-occupied (457 units) and 58% are renter-occupied (642 units). The higher proportion of renters may reflect a transient population, younger demographics, or high housing costs relative to income.
Economy & Employment
The local economy in Lima shows an unemployment rate of 11.7%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 6.7%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Lima have an average one-way commute time of 34 minutes.
Education & Demographics
37.7% of Lima 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, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 4.4% of the population being foreign-born.
Cost of Living in Lima, PA
Compared to national averages, Lima has a median household income of $76,953 (2% above the national median of $75,149). Home values average $372,300, which is 52% above the national median. Monthly rent at $2,343 is 101% above the US average of $1,163. Within Pennsylvania, Lima's income is 5% above the state average of $73,376, and home values are 95% above the state median of $190,903.
Why Live in Lima, PA?
Lima offers a strong local economy with a median household income of $76,953, well above the national average, and a well-educated community where 37.7% of residents hold a bachelor’s degree or higher, and a low poverty rate of 6.7%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $372,300. However, Lima’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Lima has a population of 2,834 with a median age of 66.3 years. Compare Lima with other cities to see how it stacks up, or explore all cities in Pennsylvania.
Similar Cities Near Lima
Cities in Pennsylvania with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Ford City | 2,833 | $56,451 | $78,600 | Compare |
| Bath | 2,829 | $73,681 | $228,500 | Compare |
| Emerald Lakes | 2,839 | $101,688 | $259,900 | Compare |
| Marietta | 2,827 | $56,204 | $206,700 | Compare |
| New Britain | 2,822 | $123,819 | $388,100 | Compare |
| Quarryville | 2,846 | $76,628 | $244,900 | Compare |
| Bedford | 2,851 | $50,570 | $182,300 | Compare |
| Aspinwall | 2,866 | $119,875 | $377,300 | 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 Lima With Other Cities
Frequently Asked Questions about Lima
What is the population of Lima, PA?
The population of Lima, PA is 2,834 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 Lima?
The median household income in Lima, PA is $76,953 per year, which is 2% above the national median of $75,149.
What is the median home value in Lima?
The median home value in Lima, PA is $372,300, which is 52% above the national median of $244,900. A significant portion of residents rent their homes.
What is the average rent in Lima?
The median monthly rent in Lima, PA is $2,343, which is 101% above the national average of $1,163/month.
What is the unemployment rate in Lima?
The unemployment rate in Lima, PA is 11.7%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Lima, PA a good place to live?
Lima offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 2,834 and a median age of 66.3, the city appeals to established professionals and retirees.
How educated is Lima, PA?
37.7% of residents in Lima 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 Lima?
Key cost-of-living indicators for Lima, PA: median home value is $372,300 (52% above national), median rent is $2,343/month, and median household income is $76,953. The home-value-to-income ratio is 4.8x, a moderate figure by national standards.
What is the poverty rate in Lima?
The poverty rate in Lima, PA is 6.7%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Lima, PA?
Lima's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 3.0% two or more races. 4.4% of residents are foreign-born.