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Lake Latonka, PA
Full City Profile · Pennsylvania · Mercer County County
3.8
/5.0
B+
Good
741
Population
371/sq mi density
$107,813
Median Income
$59,611 per capita
$354,500
Home Value
$228,657 Zillow
49°F
Avg Temperature
282 sunny days/yr
460
Violent Crime/100K
1,841 property/100K
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$107,813 median income, 0.0% unemployment
A+
Affordability
4.8 / 5.0
$354,500 home value, /mo rent
F
Safety
1.0 / 5.0
460 violent crimes/100K (21% above avg)
A+
Education
4.5 / 5.0
44.0% bachelor's degree or higher
Housing Overview
Median Home Value
$354,500
26% above
US avg: $281,900
Homeownership Rate
97.4%
49% above US avg (65.4%)
Total Housing Units
560
Median year built: 1986
Home Value by Source
Census Median
$354,500
Zillow (ZHVI)
$228,657
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
97.4%
Owner-Occupied
2.6%
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
Affordability & Housing Stock
Rent Burden
28.4%
of renters spending 30%+ of income on housing
8% below US avg (31.0%)
Median Year Built
1986
Average age of housing stock: 40 years
Homeownership Rate
97.4%
Complete Housing Data
Home Values
| Census Median Value | $354,500 |
| Zillow Home Value (ZHVI) | $228,657 |
Rent
| 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 | 97.4% |
| Renter-Occupied | 2.6% |
| Homeownership Rate | 97.4% |
| Total Housing Units | 560 |
| Median Year Built | 1986 |
| Rent Burden | 28.4% |