Lake City borough, Pennsylvania Median Income

Lake City borough, Pennsylvania has a population of 2,918, with a median household income of $49,418.

Current median income data for Lake City borough.

$49,418

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Population

2,918

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Median Income

$49,418

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Unemployment

5.01%

🏠

Housing Price

$124,118

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Crime Rate

10.18

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Internet Speed

174.18 Mbps

Lake City borough is a small local community located in Pennsylvania. The city has a population that is below the average city population in Pennsylvania, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Lake City borough is a notable city in Pennsylvania, offering a mix of population dynamics, economic indicators, and housing trends.

Population Overview

Lake City borough has a population of 2,918, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Lake City borough is $49,418, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Lake City borough is about $124,118, making it relatively affordable compared to many cities in Pennsylvania.

Employment and Safety

The unemployment rate in Lake City borough is 5.01%, slightly above the state average, suggesting moderate employment conditions. Crime rates in Lake City borough are higher than the state average, which may be a factor for residents to consider.

City Comparison

Compared to other cities in Pennsylvania, Lake City borough shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Lake City borough continues to play a role in shaping regional trends in Pennsylvania, particularly in terms of economic and demographic factors.

Frequently Asked Questions about Lake City borough

What is the population of Lake City borough?

The population of Lake City borough is approximately 2,918.

Is Lake City borough a good place to live?

Lake City borough offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Lake City borough?

The median household income in Lake City borough is around $49,418.

How expensive is housing in Lake City borough?

The average housing price in Lake City borough is approximately $124,118.