Living in Eldred, Pennsylvania
Cost of living, income, home prices, rent and demographics of Eldred · Census data 2020–2024
Eldred has 566 residents with a median age of 49.8. The median household income is $49,063 (37% lower than the Pennsylvania median), the median home value is $125,900, the median rent is $531/month.
Eldred is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Eldred at a glance
- Population
- 566
- Median age
- 49.8State: 40.9
- Median household income
- $49,063State: $77,971
- Median home value
- $125,900State: $254,500
- Median rent
- $531/moState: $1,209
- Homeowners
- 71.9%
- Bachelor's degree or higher
- 13.4%
- Average commute
- 28 min
Is Eldred a good place to live?
Pros: Home values 51% lower than the state median.
Cons: Median household income 37% lower than the Pennsylvania median; an average commute of 28 minutes; unemployment of 17.8%; a poverty rate of 14.9%.
The weather is best in June to September.
Cost of living in Eldred
Housing is the biggest part of the cost of living. In Eldred the median home value is $125,900, 62% lower than the U.S. median. Renters pay a median of $531 per month, which is 32.9% of household income. Homeowners with a mortgage pay $1,330 a month in housing costs.
Eldred median household income
The median household income in Eldred is $49,063 and the income per person is $32,579. 14.9% of residents live below the poverty line (Pennsylvania: 11.7%).
Housing in Eldred: homes for sale and rent
- Housing units
- 339
- Owner-occupied
- 71.9%
- Renter-occupied
- 28.1%
- Vacant
- 18%Includes seasonal homes
- Median year built
- 1938
- Average household size
- 2.04
Eldred demographics
- Population
- 566
- Median age
- 49.8
- Under 18
- 17.1%
- 65 and older
- 26%
- Households
- 278
- Foreign-born
- 0.9%
- Veterans
- 6.4%Adults 18+
Hispanic or Latino can be of any race. Population history of Eldred ›
Education in Eldred
13.4% of adults 25 and older in Eldred have a bachelor's degree or higher (Pennsylvania: 35.2%), and 2.6% have a graduate or professional degree.
Jobs and commute in Eldred
- Unemployment rate
- 17.8%State: 5.3%
- Average commute
- 28 minState: 26 min
- Work from home
- 6.3%
- Drive alone
- 83.4%
- Public transit
- 4.4%
- Walk to work
- 0.5%
- Homes with broadband
- 87.4%
Eldred vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Eldred | 566 | $49,063 | $125,900 | $531 |
| Otto | 1,328 | $53,214 | $102,400 | $640 |
| Portville | 951 | $61,793 | $102,900 | $660 |
| Ceres | 1,002 | $60,114 | $98,800 | $893 |
| Annin | 679 | $108,333 | $79,400 | $777 |
| Weston Mills | 1,431 | $79,712 | $155,300 | $775 |
| Olean | 13,738 | $51,261 | $86,100 | $794 |
| Shinglehouse | 1,076 | $47,315 | $78,400 | $701 |
| Keating | 2,690 | $74,297 | $121,700 | $838 |
More for people moving to Eldred
Eldred ZIP code ›Weather and climate ›Living in Eldred: FAQ
What is the median household income in Eldred, PA?
The median household income in Eldred is $49,063, 37% lower than the Pennsylvania median of $77,971 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Eldred?
The median home value in Eldred is $125,900, compared with $254,500 in Pennsylvania.
How much is rent in Eldred?
The median gross rent in Eldred is $531 per month, about 32.9% of household income.
Is Eldred, PA a good place to live?
Pluses: home values 51% lower than the state median. Minuses: median household income 37% lower than the Pennsylvania median; an average commute of 28 minutes; unemployment of 17.8%; a poverty rate of 14.9%.
What is the median age in Eldred?
The median age in Eldred is 49.8 years (Pennsylvania: 40.9).
How long is the commute in Eldred?
The average commute to work in Eldred is 28 minutes; 6.3% of workers work from home.
What is the unemployment rate in Eldred?
The unemployment rate in Eldred is 17.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Eldred?
13.4% of adults in Eldred have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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