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Penn Lake Park, Pennsylvania

borough · Luzerne County

At a glance

376
Population
$243,800
Median home value (all homes)
20% below U.S. median
$228,833
Typical market value
Zillow, county-wide, 2026-07
$1,875/mo
Median rent
39% above U.S. median
$87,159
Median household income
11% above U.S. median
35.4 min
Average commute
93.8%
Homes with broadband
0%
Locations with fiber available
3.7%
Unemployment

Cost of living (Clay Affordability Index)

CAI 99 — 1% below the national average. how it's computed

Housing2% below
Goods & services1% below
Utilities21% above
Taxes5% below
Insurance25% below
Commute cost30% above
For business: Pennsylvania is CBII band 3/5 · time to build band 1/5. See state page for the breakdown.

Living here

Nearest 4-year college11 mi
Nearest community college13 mi
Nearest technical college10 mi
High school graduates95.9%
College graduates38.9%

Doing business here

Economic development contacts, most local first:

region Penn's Northeast
Penn's Northeast is the regional economic development agency for Northeastern Pennsylvania, dedicated to attracting quality employers and serving as the single point of contact for site selection consultants, real estate brokers, developers, and businesses looking to expand or relocate to the area.
state Bensalem Economic Dev Corp.
The BEDC is dedicated to fostering sustainable economic growth through initiatives that support a strong business environment and enhance the quality of life for residents. It provides resources, guidance and advocacy, and promotes equitable opportunities, strategic development and community collaboration to help make Bensalem a premier place to live, work and thrive.
state Linden Pointe Park
LindenPointe Innovative Business Campus in Hermitage, PA hosts programs and resources for business startups and entrepreneurship, including the eCenter at LindenPointe and the Pennsylvania Cybersecurity Center, and provides information on partnerships and events.
state Penn State’s Center for Economic and Community Development
Penn State's Center for Economic and Community Development is an applied research center dedicated to strengthening local and regional development in Pennsylvania and beyond. It works with communities to address issues such as economic and demographic change, government revenue and expenditure policy, community capacity building, and social and economic inequality.
state Pennsylvania Department of Commerce & Economic Developement
The Pennsylvania Department of Community & Economic Development (BusinessPA) is the state's economic development agency that helps businesses grow, locate or expand in PA, with regional offices and programs such as PA SITES and PA Permit Fast Track, and a BusinessPA team to assist with growth strategies.
State sales taxYes
State income taxYes
Right-to-work stateNo

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