Housing data for Lake Township (Wayne County), PA
Lake Township (Wayne County), PA has an estimated 4,897 residents and 3,791 homes (US Census Bureau, 2020–2024 American Community Survey).
It is a township in Wayne County.
15.8% of households rent.
The median gross rent is $1,464 a month.
Its population shrank measurably since 2015–2019 (−4.1%).
Figures last updated on .
- Residents
- 4,897 (±17)
- Housing units
- 3,791 (±321)
- Households that rent
- 15.8%
- Median gross rent
- $1,464
- Residents since 2015–2019
- −4.1%
What stands out in Lake Township (Wayne County)
Median gross rent: $1,464 (±$324) in Lake Township (Wayne County), higher than in Wayne County ($1,038).
Households without a vehicle: 1.2% (±1.2 points) in Lake Township (Wayne County), lower than in Wayne County (6.9%).
Working from home: 5.4% (±3.9 points) in Lake Township (Wayne County), lower than in Wayne County (11.6%).
Homes built before 1980: 32.2% (±8.3 points) in Lake Township (Wayne County), lower than in Wayne County (50.1%).
- Median rent in Lake Township (Wayne County)
- Commute and cars in Lake Township (Wayne County)
- Age of homes in Lake Township (Wayne County)
Housing in Lake Township (Wayne County) at a glance
- Median rent: $1,464 median gross rent a month
- Rent by bedrooms: $2,050 median gross rent, 2 bedrooms (Small sample: wide margin of error)
- Rent burden: 68.5% of renters pay 30% or more of income
- Renters and owners: 15.8% of households rent
- Income and affordability: $59,873 median household income
- Home values: $198,700 median home value
- Homeowner costs: $1,687 median monthly cost with a mortgage
- Property taxes: $3,230 median real estate taxes a year
- Types of homes: 1.5% of homes are in buildings of 5 or more units
- Bedrooms: 84.0% of homes have 3 or more bedrooms
- Age of homes: 32.2% of homes were built before 1980
- Vacancy rate: 0.0% rental vacancy rate (Small sample: wide margin of error)
- Heating fuel: 37.1% heat with electricity
- Commute and cars: 38.9 minutes average trip to work
- Growth: −4.1% residents since 2015–2019
- How long people stay: 16.8% moved in since 2020
- Crowding and facilities: 5.1% of homes have more than 1 person per room
Lake Township (Wayne County) against Wayne County, its state and the nation
| Lake Township (Wayne County) | Wayne County | Pennsylvania | United States | |
|---|---|---|---|---|
| Residents | 4,897 (±17) | 51,262 (exact) | 13,018,639 (exact) | 334,922,499 |
| Housing units | 3,791 (±321) | 32,171 (±60) | 5,806,452 (±672) | 143,775,355 |
| Households that rent | 15.8% (±7.2 points) | 19.5% (±1.5 points) | 30.7% (±0.2 points) | 34.8% |
| Median gross rent | $1,464 (±$324) | $1,038 (±$51) | $1,209 (±$5) | $1,413 |
| Median household income | $59,873 (±$14,349) | $62,381 (±$3,372) | $77,971 (±$342) | $80,734 |
| Median home value | $198,700 (±$35,129) | $242,100 (±$7,213) | $254,500 (±$767) | $332,700 |
| Median real estate taxes (a year) | $3,230 (±$278) | $3,039 (±$98) | $3,311 (±$12) | $3,119 |
| Built before 1980 | 32.2% (±8.3 points) | 50.1% (±2.6 points) | 67.3% (±0.2 points) | 49.7% |
| Average commute | 38.9 minutes (±10.5) | 28.9 minutes (±1.8) | 26.3 minutes (±0.1) | 26.4 minutes |
| Households with broadband | 82.1% (±10.5 points) | 86.7% (±1.7 points) | 89.7% (±0.1 points) | 91.0% |
| Median age of residents | 57.9 years (±4.5) | 49.2 years (±0.3) | 40.9 years (±0.2) | 38.9 years |
Lake Township (Wayne County) covers 27.8 square miles of land, about 176 residents per square mile (Census Bureau Gazetteer).
How Lake Township (Wayne County) has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 5,108 (±36) | 4,897 (±17) | −4.1% | Measurable decrease |
| Housing units | 4,236 (±233) | 3,791 (±321) | −10.5% | Measurable decrease |
| Median gross rent | $1,043 (±$239) | $1,464 (±$324) | +40.4% | No measurable change after inflation |
| Median home value | $163,800 (±$11,573) | $198,700 (±$35,129) | +21.3% | No measurable change after inflation |
| Median household income | $63,250 (±$9,437) | $59,873 (±$14,349) | −5.3% | No measurable change after inflation |
| Median owner cost with a mortgage | $1,385 (±$156) | $1,687 (±$107) | +21.8% | No measurable change after inflation |
| Median real estate taxes | $2,442 (±$406) | $3,230 (±$278) | +32.3% | No measurable change after inflation |
| Households that rent | 14.0% (±8.0 points) | 15.8% (±7.2 points) | +1.8 percentage points | Not a measurable change |
| Rental vacancy rate | 0.0% (±9.7 points) | 0.0% (±10.2 points) | 0.0 percentage points | Not a measurable change |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Crime reported to police in Wayne County
Lake Township (Wayne County) has no police department of its own in the FBI’s figures, so this is the figure for Wayne County as a whole.
In 2025, the police departments that report for Wayne County recorded 62 violent and 446 property crimes per 100,000 residents.
A county-wide figure describes the whole county, not this place; crime varies from one community to the next.
ZIP codes in Lake Township (Wayne County)
| ZIP code | Share of the ZIP’s land in this place | Residents | Median gross rent | Median home value | Median household income |
|---|---|---|---|---|---|
| 18436 | 27% | 13,569 | $1,089 | $239,600 | $69,498 |
A ZIP code is a mail route rather than a boundary, so the Census Bureau publishes figures for ZIP Code Tabulation Areas built from census blocks; the share column says how much of each one’s land lies in this place.
Places near Lake Township (Wayne County)
| Place | Distance | Median gross rent | Median home value | Households that rent |
|---|---|---|---|---|
| South Canaan Township | 4.1 mi | $892 | $281,600 | 20.4% |
| Salem Township (Wayne County) | 4.2 mi | $1,073 | $241,400 | 20.9% |
| Jefferson Township (Lackawanna County) | 6.2 mi | $740 | $274,000 | 10.4% |
| Paupack Township | 6.3 mi | $1,572 | $345,000 | 9.2% |
| Cherry Ridge Township | 6.5 mi | $892 | $279,800 | 21.9% |
| Mount Cobb | 6.7 mi | — | $289,800 | 12.9% |
| Wallenpaupack Lake Estates | 6.8 mi | $1,673 | $242,300 | 14.0% |
| Canaan Township | 8.0 mi | $850 | $276,300 | 25.1% |
Places in Pennsylvania most like Lake Township (Wayne County)
| Place | Median gross rent | Median home value | Median household income | Households that rent |
|---|---|---|---|---|
| Thornhurst Township | $1,611 | $210,200 | $71,625 | 9.2% |
| Indian Mountain Lake | $1,361 | $208,100 | $71,547 | 17.1% |
| Penn Forest Township | $1,326 | $250,100 | $67,045 | 10.4% |
| Ararat Township | $1,352 | $260,000 | $70,833 | 18.6% |
| Windham Township (Wyoming County) | $1,591 | $208,300 | $71,250 | 12.2% |
| East Penn Township | $1,114 | $228,500 | $70,294 | 13.0% |
Matched on rent, home value, income, the share who rent, the age of the homes, the share in apartment buildings and the commute, each measured against the spread across Pennsylvania.
HUD Fair Market Rent for Lake Township (Wayne County), fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms |
|---|---|---|---|---|
| $874 | $1,008 | $1,184 | $1,509 | $1,979 |
HUD income limits for Lake Township (Wayne County), fiscal year 2026
| Household size | Extremely low (30%) | Very low (50%) | Low (80%) |
|---|---|---|---|
| 1 person | $18,100 | $30,200 | $48,300 |
| 2 people | $21,640 | $34,500 | $55,200 |
| 3 people | $27,320 | $38,800 | $62,100 |
| 4 people | $33,000 | $43,100 | $68,950 |
| 5 people | $38,680 | $46,550 | $74,500 |
| 6 people | $44,360 | $50,000 | $80,000 |
| 7 people | $50,040 | $53,450 | $85,500 |
| 8 people | $55,720 | $56,900 | $91,050 |
These are the limits HUD sets for its housing programs in the Wayne County, PA, where HUD’s median family income for fiscal year 2026 is $84,800.
A program can use its own limits; tax-credit and local programs often do.
The figures for Lake Township (Wayne County) include the places inside it that have pages of their own: The Hideout.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Lake Township (Wayne County)
One account for renting, owning, managing and fixing homes, with these figures beside you.
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Lake Township (Wayne County) beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Lake Township (Wayne County), save the ones you like and apply online.
Browse rentals · Create a renter account
Do repairs, renovations or maintenance?
Get found by owners and renters near Lake Township (Wayne County), and send estimates and invoices from your phone.
Questions about Lake Township (Wayne County)
What is the average rent in Lake Township (Wayne County), PA?
The Census Bureau publishes the median rather than the average: the median gross rent in Lake Township (Wayne County) is $1,464 (±$324) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
Are renters in Lake Township (Wayne County) rent-burdened?
68.5% of renting households in Lake Township (Wayne County) pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).
How many renters are there in Lake Township (Wayne County)?
Lake Township (Wayne County) has an estimated 301 (±153) renting households, 15.8% of its occupied homes (2020–2024 American Community Survey).
What is the median household income in Lake Township (Wayne County)?
The median household income in Lake Township (Wayne County) is $59,873 (±$14,349) a year (2020–2024 American Community Survey).
What is the average home value in Lake Township (Wayne County), PA?
The Census Bureau publishes the median: $198,700 (±$35,129) for owner-occupied homes in Lake Township (Wayne County) (2020–2024 American Community Survey).
What is the average mortgage payment in Lake Township (Wayne County)?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Lake Township (Wayne County), PA is $1,687 (±$107) a month, including taxes, insurance and utilities.
Is Lake Township (Wayne County) growing?
In Lake Township (Wayne County), the number of residents went from 5,108 in 2015–2019 to 4,897 in 2020–2024 (−4.1%), a measurable decrease.
What ZIP codes are in Lake Township (Wayne County)?
The ZIP code that covers Lake Township (Wayne County) is 18436.
What is the median rent in ZIP code 18436?
The median gross rent in ZIP Code Tabulation Area 18436 is $1,089 (±$232) a month (2020–2024 American Community Survey).
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Lake township, Wayne County, Pennsylvania
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Lake township, Wayne County, Pennsylvania
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Lake township, Wayne County, Pennsylvania
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Lake township, Wayne County, Pennsylvania
- Selected Social Characteristics (DP02), 2020–2024 ACS 5-year estimates — Lake township, Wayne County, Pennsylvania
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Lake township, Wayne County, Pennsylvania
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Lake township, Wayne County, Pennsylvania
- HUD Fair Market Rents, fiscal year 2027: Wayne County, PA
- HUD Income Limits, fiscal year 2026: Wayne County, PA
- US Census Bureau, American Community Survey 2020–2024 5-year estimates for ZIP Code Tabulation Areas
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
- US Census Bureau, 2024 Gazetteer Files
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Lake township, Wayne County, Pennsylvania (county subdivision:40936, in state:42 county:127).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .