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Lake City, PA
Full City Profile · Pennsylvania · Erie County County
3.3
/5.0
B
Good
2,901
Population
1,612/sq mi density
$74,909
Median Income
$32,245 per capita
$154,400
Home Value
$199,868 Zillow
$789
Median Rent
29.4% income on rent
51°F
Avg Temperature
246 sunny days/yr
201
Violent Crime/100K
1,304 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.2 / 5.0
$74,909 median income, 2.6% unemployment
A+
Affordability
5.0 / 5.0
$154,400 home value, $789/mo rent
F
Safety
1.0 / 5.0
201 violent crimes/100K
B
Education
3.0 / 5.0
25.0% bachelor's degree or higher
Housing Overview
Median Home Value
$154,400
45% below
US avg: $281,900
Median Rent
$789/mo
32% below
US avg: $1,163/mo
Homeownership Rate
87.8%
34% above US avg (65.4%)
Total Housing Units
1,186
Median year built: 1970
Home Value by Source
Census Median
$154,400
Zillow (ZHVI)
$199,868
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
87.8%
Owner-Occupied
12.2%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$900/mo
1 Bedroom
$996/mo
2 Bedroom
$1,225/mo
3 Bedroom
$1,570/mo
4 Bedroom
$1,744/mo
Census median rent:
$789/mo
Affordability & Housing Stock
Rent Burden
29.4%
of renters spending 30%+ of income on housing
5% below US avg (31.0%)
Median Year Built
1970
Average age of housing stock: 56 years
Homeownership Rate
87.8%
Complete Housing Data
Home Values
| Census Median Value | $154,400 |
| Zillow Home Value (ZHVI) | $199,868 |
Rent
| Census Median Rent | $789 |
| FMR Studio | $900 |
| FMR 1-Bedroom | $996 |
| FMR 2-Bedroom | $1,225 |
| FMR 3-Bedroom | $1,570 |
| FMR 4-Bedroom | $1,744 |
Market
Ownership & Stock
| Owner-Occupied | 87.8% |
| Renter-Occupied | 12.2% |
| Homeownership Rate | 87.8% |
| Total Housing Units | 1,186 |
| Median Year Built | 1970 |
| Rent Burden | 29.4% |