Lemont Furnace, PA Profile: Facts & Data

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Lemont Furnace, Pennsylvania - Basic Facts

The Lemont Furnace Census Designated Place had a population of 814 as of July 1, 2020.

The primary coordinate point for Lemont Furnace is located at latitude 39.9142 and longitude -79.6698 in Fayette County. The formal boundaries for the Lemont Furnace Census Designated Place encompass a land area of 1.02 sq. miles and a water area of 0.01 sq. miles. Fayette County is in the Eastern time zone (GMT -5). The elevation is 1,040 feet.

The Lemont Furnace Census Designated Place (GNIS ID: 2634237) has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.

The Lemont Furnace Census Designated Place is located within Township of North Union, a minor civil division (MCD) of Fayette County.


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Lemont Furnace, PA Data & Demographics (As of July 1, 2020)

POPULATION

Total Population 814 (100%)
Population in Households 814 (100.0%)
Population in Families 666 (81.8%)
Population in Group Quarters1 0
Population Density 796
Diversity Index2 16
 
 

INCOME

Median Household Income $46,337
Average Household Income $57,249
% of Income for Mortgage4 8%
Per Capita Income $23,963
Wealth Index5 48
 

HOUSING

Total HU (Housing Units) 356 (100%)
Owner Occupied HU 258 (72.5%)
Renter Occupied HU 64 (18.0%)
Vacant Housing Units 35 ( 9.8%)
Median Home Value $83,838
Average Home Value $116,860
Housing Affordability Index3 350
 

HOUSEHOLDS

Total Households 321
Average Household Size 2.54
Family Households 221
Average Family Size 3
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2010-2020 2020-2025
Population -0.15% -0.32%
Households 0.06% -0.19%
Families 0.04% -0.27%
Median Household Income   2.04%
Per Capita Income   2.5%
Owner Occupied HU   -0.23%

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Lemont Furnace, PA - Peer Comparisons by Rank and Percentile

The table below compares Lemont Furnace to the other 1,761 incorporated cities, towns and CDPs in Pennsylvania by rank and percentile using July 1, 2020 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 1067 39th
Population Density # 1175 33rd
Median Household Income # 1367 22nd
Housing Affordability Index # 1710 97th
Per Capita Income # 1450 18th
Diversity Index # 806 54th

Additional comparisons and rankings can be made with a VERY EASY TO USE Pennsylvania Census Data Comparison Tool.

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