What percentage of people rent in Lake Township (Wayne County), PA?
15.8% (±7.2 points) of the occupied homes in Lake Township (Wayne County), PA are rented (2020–2024 American Community Survey).
That is 301 renting households against 1,606 that own their home.
In Lake Township (Wayne County), the share of households that rent went from 14.0% in 2015–2019 to 15.8% in 2020–2024 (+1.8 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 15.8% (±7.2 points)
- Renting households
- 301 (±153)
- Median renter income
- $36,641 (±$27,355)
Who rents and who owns in Lake Township (Wayne County)
| Lake Township (Wayne County) | Wayne County | Pennsylvania | United States | |
|---|---|---|---|---|
| Renter-occupied share | 15.8% (±7.2 points) | 19.5% (±1.5 points) | 30.7% (±0.2 points) | 34.8% |
| Renting households | 301 (±153) | 4,066 (±355) | 1,617,882 (±10,181) | 45,017,354 |
| Owning households | 1,606 (±171) | 16,811 (±409) | 3,656,971 (±15,249) | 84,210,142 |
| Average renter household size | 2.0 (±0.4) | 2.2 (±0.2) | 2.1 (±0.0) | 2.3 |
| Average owner household size | 2.6 (±0.3) | 2.3 (±0.1) | 2.5 (±0.0) | 2.6 |
| Median renter household income | $36,641 (±$27,355) | $39,028 (±$6,817) | $47,506 (±$425) | $52,966 |
| Median owner household income | $73,111 (±$24,365) | $71,462 (±$4,209) | $95,990 (±$362) | $100,009 |
In Lake Township (Wayne County), the renter share is not measurably different from Wayne County (19.5%).
It is also lower than in Pennsylvania (30.7%).
It is lower than the national figure (34.8%).
In Wayne County, Lake Township (Wayne County) ranks 14 of 28 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 1488 of 2,557.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Lake Township (Wayne County) has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 14.0% (±8.0 points) | 15.8% (±7.2 points) | +1.8 percentage points | Not a measurable change |
| Median gross rent | $1,043 (±$239) | $1,464 (±$324) | +40.4% | No measurable change after inflation |
| Median household income | $63,250 (±$9,437) | $59,873 (±$14,349) | −5.3% | No measurable change after inflation |
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.
Households that rent in places near Lake Township (Wayne County)
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Lake Township (Wayne County) | — | 15.8% (±7.2 points) | — |
| South Canaan Township | 4.1 mi | 20.4% (±6.8 points) | Not measurably different |
| Salem Township (Wayne County) | 4.2 mi | 20.9% (±9.1 points) | Not measurably different |
| Jefferson Township (Lackawanna County) | 6.2 mi | 10.4% (±6.1 points) | Not measurably different |
| Paupack Township | 6.3 mi | 9.2% (±4.5 points) | Not measurably different |
| Cherry Ridge Township | 6.5 mi | 21.9% (±10.5 points) | Not measurably different |
| Mount Cobb | 6.7 mi | 12.9% (±11.1 points) | Not measurably different |
| Wallenpaupack Lake Estates | 6.8 mi | 14.0% (±10.4 points) | Not measurably different |
| Canaan Township | 8.0 mi | 25.1% (±9.0 points) | Not measurably different |
None of the nearby places differs measurably from this one on this figure.
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Wayne County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 8 | Salem Township (Wayne County) | 20.9% (±9.1 points) |
| 9 | South Canaan Township | 20.4% (±6.8 points) |
| 10 | Manchester Township (Wayne County) | 18.6% (±7.5 points) |
| 11 | Palmyra Township (Wayne County) | 17.8% (±7.7 points) |
| 12 | Lebanon Township | 17.6% (±7.4 points) |
| 13 | Buckingham Township (Wayne County) | 16.1% (±7.3 points) |
| 14 | Lake Township (Wayne County) | 15.8% (±7.2 points) |
| 15 | Bethany | 15.4% (±7.3 points) |
| 16 | Berlin Township | 14.2% (±5.6 points) |
| 17 | Starrucca | 13.3% (±13.5 points) |
| 18 | Texas Township | 12.7% (±6.4 points) |
| 19 | Mount Pleasant Township (Wayne County) | 11.0% (±4.2 points) |
| 20 | Oregon Township | 10.7% (±5.6 points) |
Showing 13 of 28 places in Wayne County, ranked from highest to lowest.
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.
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Questions about Lake Township (Wayne County)
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).
Is renting growing in Lake Township (Wayne County)?
In Lake Township (Wayne County), the share of households that rent went from 14.0% in 2015–2019 to 15.8% in 2020–2024 (+1.8 percentage points), not a measurable change.
How big are renting households in Lake Township (Wayne County)?
A renting household in Lake Township (Wayne County) has 2.0 people on average, against 2.6 in an owned home.
How much do renters earn in Lake Township (Wayne County)?
The median renting household in Lake Township (Wayne County), PA has an income of $36,641 (±$27,355) a year, against $73,111 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Lake township, Wayne County, Pennsylvania
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Lake township, Wayne County, Pennsylvania
- Selected Housing Characteristics (DP04), 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
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Lake township, Wayne County, Pennsylvania
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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) and detailed tables (acs/acs5) 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 DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.
The API needs a free key.
DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M
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 .
Related
- Housing in Lake Township (Wayne County) at a glance
- Median rent in Lake Township (Wayne County)
- Rent burden in Lake Township (Wayne County)
- Income and affordability in Lake Township (Wayne County)
- Home values in Lake Township (Wayne County)
- Homeowner costs in Lake Township (Wayne County)
- Property taxes in Lake Township (Wayne County)
- Types of homes in Lake Township (Wayne County)
- Bedrooms in Lake Township (Wayne County)
- Age of homes in Lake Township (Wayne County)
- Heating fuel in Lake Township (Wayne County)
- Commute and cars in Lake Township (Wayne County)
- Population growth in Lake Township (Wayne County)
- How long people stay in Lake Township (Wayne County)
- Crowding and facilities in Lake Township (Wayne County)
- Pennsylvania landlord and tenant rules
- Housing across Wayne County
- Pennsylvania places ranked by share of renters
- Housing data for every place in Pennsylvania