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Lake Winola

Learn about the people, housing, costs and businesses in Lake Winola, Pennsylvania

Median Home$228,600
Median Rent$930/month
Population604
Leading IndustriesTransportation · Wholesale Trade · Manufacturing5% transportation
Home Value Growth⬆⬆+14.8% over 2 years
Retirees24% of residentsslightly above average
Homeowners84% of occupied units
NotableVeteran Community9% of residents · top 22% nationally
Lake Winola
PA

Frequently Asked Questions

What are today's mortgage rates in Lake Winola?

As of today, the 30-year fixed mortgage rate for Lake Winola is approximately 7.039% (7.080% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Lake Winola?

The median home value in Lake Winola is $229k. The median monthly rent is $930. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Lake Winola?

Home values in Lake Winola have increased 14.8% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Lake Winola?

Based on a typical all-in ownership cost of $1,051/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $45k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Lake Winola is $70k/year.

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What industries drive the economy in Lake Winola?

The largest employment sectors in Lake Winola are public administration (22%) and wholesale trade (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.