Lock Haven is a city in Pennsylvania state in USA with a population of 8997 residents.. The poverty rate of Lock Haven is 30.9%, which is 121% higher than national average. The typical household in Lock Haven earns $36708 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 3 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 5 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 65% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Lock Haven, only 92% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Lock Haven remained 8%, which is 70% higher than national rate. Nearly 2 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Lock Haven, only 22% of adults have a bachelor's degree and 25% have some college but no degree.

Cost of living in Lock Haven is 91, which is 9% lower than national average. Median home value in Lock Haven is $120200 , which is 48% lower than national average. While median income in Lock Haven remained $36708, which is 46% lower than national average.