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The total population of Penn Lake Park is estimated to be 372 with 190 males (51.08%) and 182 females (48.92%). There are 8 less females than males in Penn Lake Park.
The median household income in Penn Lake Park was $95,352 in 2021, which marked an an increase of 3,284(3.57%) from $92,068 in 2020. This income is 127.81% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Penn Lake Park sees its highest median household income among householders in the age group of 45 to 64 years old, at $132,904. Overall, the median household income for the borough of Penn Lake Park stands at $95,352.
In Penn Lake Park, the median income for all workers aged 15 years and older, regardless of work hours, was $68,457 for males and $42,156 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $92,553 for males and $60,801 for females.
In Penn Lake Park, population is primarily represented by White households, reporting a median income of $94,966.
In 2022, the population of Penn Lake Park was 367, a 0.55% increase year-by-year from 2021. Previously, in 2021, Penn Lake Park's population was 365, an increase of 1.96% compared to a population of 358 in 2020.
The median age in Penn Lake Park, PA is 49.5, as per 2021 ACS 5-Year Estimates. Of the total population, 23.59% were under the age of 15, 5.36% aged 15 to 29, 46.65% aged 30 to 64, 21.18% aged 65 to 84, and 3.22% were 85 years of age and older.
Racial distribution of Penn Lake Park population: 98.66% are White, 0.80% are Asian and 0.54% are multiracial.