Lakemont, PA

Census Place

2024 Population

1,644

US Senator

John Fetterman

Democratic Party

US Senator

Dave McCormick

Republican Party

2024 Median Age

61.9

7.65% 1-year increase

2024 Poverty Rate

13.1%

5.71% 1-year decrease

2024 Median Household Income

$52,955

7.99% 1-year growth

2024 Median Property Value

$157,100

Population & Diversity

Lakemont, PA is home to a population of 1.64k people, from which 99.2% are citizens.

As of 2024, 1.82% of Lakemont, PA residents were born outside of the country (30 people).

In 2024, there were 95.5 times more White (Non-Hispanic) residents (1.62k people) in Lakemont, PA than any other race or ethnicity. There were 17 Asian (Non-Hispanic) and 3 Black or African American (Non-Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

99.2%

2024 Citizenship

99.1%

2023 Citizenship

As of 2024, 99.2% of Lakemont, PA residents were US citizens, which is higher than the national average of 93.2%. In 2023, the percentage of US citizens in Lakemont, PA was 99.1%, meaning that the rate of citizenship has been increasing.

The following chart shows US citizenship percentages in Lakemont, PA compared to that of it's neighboring and parent geographies.

Diversity

Race and Ethnicity

The 3 largest ethnic groups in Lakemont, PA

White (Non-Hispanic)
1.62k ± 307
Asian (Non-Hispanic)
17 ± 29
Black or African American (Non-Hispanic)
3 ± 10

The following chart shows the 8 races represented in Lakemont, PA as a share of the total population.

Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for Pennsylvania.

Most Common Origin

Dominican Republic
103,235 ± 7,857 people
India
102,082 ± 7,813 people
China
73,024 ± 6,616 people

In 2024, the most common birthplace for the foreign-born residents of Pennsylvania was Dominican Republic, the natal country of 103,235 Pennsylvania residents, followed by India with 102,082 and China with 73,024.

Foreign-Born Population

1.82%

2024 Foreign-Born Population

30 people

2.26%

2023 Foreign-Born Population

34 people

As of 2024, 1.82% of Lakemont, PA residents (30 people) were born outside of the United States, which is approximately the same as the national average of 14%. In 2023, the percentage of foreign-born citizens in Lakemont, PA was 2.26%, meaning that the rate has been decreasing.

The following chart shows the percentage of foreign-born residents in Lakemont, PA compared to that of it's neighboring and parent geographies.

Military

Veterans

Most Common Service Period

Gulf War (1990s)
24 ± 27
Vietnam
15 ± 22
Korea
15 ± 23

Lakemont, PA has a large population of military personnel who served in Gulf War (1990s), 1.6 times greater than any other conflict.

The chart shows the distribution of veterans by conflict in Lakemont, PA.

Economy

The economy of Lakemont, PA employs 680 people. In 2024, the largest industries in Lakemont, PA were Manufacturing (87 people), Retail Trade (86 people), and Accommodation & Food Services (84 people), and the highest paying industries were Wholesale Trade ($82,868), Educational Services ($73,750), and Public Administration ($69,375).

Employment

Occupations

680

2024 Value

± 138

6.25%

1 Year growth

± 27.1%

From 2023 to 2024, employment in Lakemont, PA grew at a rate of 6.25%, from 640 employees to 680 employees.

The most common job groups, by number of people living in Lakemont, PA, are Food Preparation & Serving Related Occupations (69 people), Installation, Maintenance, & Repair Occupations (60 people), and Computer & Mathematical Occupations (58 people). This chart illustrates the share breakdown of the primary jobs held by residents of Lakemont, PA.

Unemployment Insurance Claims

Data is only available at the state level. Showing data for Pennsylvania.

This chart shows weekly unemployment insurance claims in Pennsylvania (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

Industries

Employment by Industries

680

2024 Value

± 138

6.25%

1 Year growth

± 27.1%

From 2023 to 2024, employment in Lakemont, PA grew at a rate of 6.25%, from 640 employees to 680 employees.

The most common employment sectors for those who live in Lakemont, PA, are Manufacturing (87 people), Retail Trade (86 people), and Accommodation & Food Services (84 people). This chart shows the share breakdown of the primary industries for residents of Lakemont, PA, though some of these residents may live in Lakemont, PA and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$49,919

Median earning men ± $22,569

$38,810

Median earning women ± $4,286

The industries with the best median earnings for men in 2024 are Public Administration ($116,875), Educational Services, & Health Care & Social Assistance ($81,042), and Construction ($60,875).

The industries with the best median earnings for women in 2024 are Educational Services, & Health Care & Social Assistance ($62,917), Professional, Scientific, & Management, & Administrative & Waste Management Services ($41,250), and Manufacturing ($38,438).

Housing & Living

The median property value in Lakemont, PA was $157,100 in 2024, which is 0.472 times smaller than the national average of $332,700. Between 2023 and 2024 the median property value increased from $147,300 to $157,100, a 6.65% increase. The homeownership rate in Lakemont, PA is 68.1%, which is higher than the national average of 65.2%.

People in Lakemont, PA have an average commute time of 21.5 minutes, and they drove alone to work. Car ownership in Lakemont, PA is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$157,100

Median Property Value 2024

±$15,336

$539

Median Property Taxes

±$102

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Lakemont, PA the largest share of households pay taxes in the $800 - $1,499 range.

The chart underneath the paragraph shows the property taxes in Lakemont, PA compared to it's parent and neighbor geographies.

Rent vs Own

68.1%

Homeownership

2024

55.4%

Homeowners with Mortgage

2024

In 2024, 68.1% of the housing units in Lakemont, PA were occupied by their owner. This percentage declined from the previous year's rate of 69.9%.

This chart shows the percentage of owner in Lakemont, PA compared it's parent and neighboring geographies.

Equity

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.

$52,955

Median Household Income

± $11,664

792

Number of Households

± 179

In 2024, the median household income of the 792 households in Lakemont, PA grew to $52,955 from the previous year's value of $49,036.

The following chart displays the households in Lakemont, PA distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the < $10k range.

Wage Distribution

The closest comparable wage GINI for Lakemont, PA is from Pennsylvania.

0.463

2024 Wage GINI in Pennsylvania

0.463

2023 Wage GINI in Pennsylvania

In 2024, the income inequality in Pennsylvania was 0.463 according to the GINI calculation of the wage distribution. Income inequality had a 0.0903% decline from 2023 to 2024, which means that wage distribution grew somewhat more even. The GINI for Pennsylvania was lower than than the national average of 0.474. In other words, wages are distributed more evenly in Pennsylvania in comparison to the national average.

This chart shows the number of workers in Pennsylvania across various wage buckets compared to the national average.

Transportation

Commuter Transportation

Most Common Commute in 2024

Drove Alone (75.1%)
Worked At Home (12.1%)
Carpooled (7.9%)

In 2024, 75.1% of workers in Lakemont, PA drove alone to work, followed by those who worked at home (12.1%) and those who carpooled to work (7.9%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

Commute Time

21.5 minutes

Average Travel Time

Using averages, employees in Lakemont, PA have a shorter commute time (21.5 minutes) than the normal US worker (26.4 minutes). Additionally, 1.69% of the workforce in Lakemont, PA have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Lakemont, PA compares to that of it's neighboring and parent geographies.

Car Ownership

2 cars

Average Number

The following chart displays the households in Lakemont, PA distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Lakemont, PA have 2 cars.

Poverty

Poverty & Diversity

13.1% of the population for whom poverty status is determined in Lakemont, PA (189 out of 1.44k people) live below the poverty line, a number that is higher than the national average of 12.5%. The largest demographic living in poverty are Females 75+, followed by Females 35 - 44 and then Males 45 - 54.

The most common racial or ethnic group living below the poverty line in Lakemont, PA is White, followed by Black and Native American.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

Social Needs

Data only available at the state level.

Most prevalent states

California
35,798 individuals
New York
5,087 individuals

In 2017, California had the highest estimated number of chronically homeless individuals in the nation, at 35,798, followed by New York (5,087).

The following map shows the estimated number of chronically homeless individuals by state over multiple years.

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