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Oak Lane, Pennsylvania

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
4,210
Population
$136,346
Median Income
$357,500
Home Value
44.4
Median Age

Demographics

Oak Lane has a population of 4,210 with a median age of 44.4. Here is the racial and ethnic breakdown of the population:

Black
57.0%
White
21.4%
Asian
10.5%
Hispanic
8.3%
Other
2.8%
Demographic Value
Total Population4,210
Median Age44.4
White21.4%
Black or African American57.0%
Asian10.5%
Hispanic or Latino8.3%
Other / Two or More Races2.8%
Oak Lane, Pennsylvania — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.Black: 57.0%White: 21.4%Asian: 10.5%Hispanic/Latino: 8.3%Other: 2.8%4,210PopulationBlackBlack57.0%WhiteWhite21.4%AsianAsian10.5%Hispanic/LatinoHispanic/Latino8.3%OtherOther2.8%

Income & Economy

The median household income in Oak Lane is $136,346, which is 69.1% above the national median of $80,610. The per capita income is $51,922. The poverty rate is 6.2%.

$136,346
Median Household Income
$51,922
Per Capita Income
6.2%
Poverty Rate

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Education

In Oak Lane, 89.1% of residents age 25+ have a high school diploma or higher, and 44.6% hold a bachelor's degree or higher (20.9% with a graduate or professional degree).

HS Diploma+
89.1%
Bachelor's+
44.6%
Graduate+
20.9%
Education Level % of Adults (25+)
High School Diploma or Higher89.1%
Bachelor's Degree or Higher44.6%
Graduate or Professional Degree20.9%

Housing

The median home value in Oak Lane is $357,500, above the national median of $303,400. The median monthly rent is $1,347. The homeownership rate is 90.6%.

$357,500
Median Home Value
$1,347/mo
Median Rent
90.6%
Homeownership Rate
Housing Metric Value
Median Home Value$357,500
Median Monthly Rent$1,347
Homeownership Rate90.6%
Vacancy Rate0.3%

Salaries in Pennsylvania

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Frequently Asked Questions

What is the population of Oak Lane, Pennsylvania?
The population of Oak Lane, Pennsylvania is 4,210 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Oak Lane, Pennsylvania?
The median household income in Oak Lane, Pennsylvania is $136,346. This is 69.1% above the national median of $80,610.
What is the median home value in Oak Lane, Pennsylvania?
The median home value in Oak Lane, Pennsylvania is $357,500. The median monthly rent is $1,347.
What percentage of people in Oak Lane have a college degree?
In Oak Lane, Pennsylvania, 44.6% of adults age 25 and older hold a bachelor's degree or higher, and 89.1% have a high school diploma or higher.
Is Oak Lane, Pennsylvania an affordable place to live?
The home price-to-income ratio in Oak Lane, Pennsylvania is 2.6x (median home value $357,500 vs. median income $136,346), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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