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Penn Lake Park, PA
Full City Profile · Pennsylvania · Luzerne County County
3.5
/5.0
B+
Good
343
Population
217/sq mi density
$79,375
Median Income
$44,171 per capita
$233,000
Home Value
$233,590 Zillow
$2,250
Median Rent
51.0% income on rent
47°F
Avg Temperature
275 sunny days/yr
436
Violent Crime/100K
3,533 property/100K
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.5 / 5.0
$79,375 median income, 2.4% unemployment
A+
Affordability
5.0 / 5.0
$233,000 home value, $2,250/mo rent
F
Safety
1.0 / 5.0
436 violent crimes/100K (15% above avg)
B+
Education
3.6 / 5.0
33.0% bachelor's degree or higher
Housing Overview
Median Home Value
$233,000
17% below
US avg: $281,900
Median Rent
$2,250/mo
93% above
US avg: $1,163/mo
Homeownership Rate
92.1%
41% above US avg (65.4%)
Total Housing Units
271
Median year built: 1968
Home Value by Source
Census Median
$233,000
Zillow (ZHVI)
$233,590
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
92.1%
Owner-Occupied
7.9%
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:
$2,250/mo
Affordability & Housing Stock
Rent Burden
51.0%
of renters spending 30%+ of income on housing
65% above US avg (31.0%)
Median Year Built
1968
Average age of housing stock: 58 years
Homeownership Rate
92.1%
Complete Housing Data
Home Values
| Census Median Value | $233,000 |
| Zillow Home Value (ZHVI) | $233,590 |
Rent
| Census Median Rent | $2,250 |
| 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 | 92.1% |
| Renter-Occupied | 7.9% |
| Homeownership Rate | 92.1% |
| Total Housing Units | 271 |
| Median Year Built | 1968 |
| Rent Burden | 51.0% |