Living in Folsom, Pennsylvania
Cost of living, income, home prices, rent and demographics of Folsom · Census data 2020–2024
Folsom has 8,671 residents with a median age of 37.6. The median household income is $113,064 (45% higher than the Pennsylvania median), the median home value is $280,100, the median rent is $1,540/month.
Folsom at a glance
- Population
- 8,671
- Median age
- 37.6State: 40.9
- Median household income
- $113,064State: $77,971
- Median home value
- $280,100State: $254,500
- Median rent
- $1,540/moState: $1,209
- Homeowners
- 84.4%
- Bachelor's degree or higher
- 33.5%
- Average commute
- 26 min
Is Folsom a good place to live?
Pros: Median household income 45% higher than the Pennsylvania median; an average commute of 26 minutes; unemployment of 2.7%; a poverty rate of 6.3%.
Cons: Home values 10% higher than the state median.
The weather is best in May–June and August–September.
Cost of living in Folsom
Housing is the biggest part of the cost of living. In Folsom the median home value is $280,100, 16% lower than the U.S. median. Renters pay a median of $1,540 per month, which is 30.8% of household income. Homeowners with a mortgage pay $2,075 a month in housing costs.
Folsom median household income
The median household income in Folsom is $113,064 and the income per person is $44,987. 6.3% of residents live below the poverty line (Pennsylvania: 11.7%).
Housing in Folsom: homes for sale and rent
- Housing units
- 3,348
- Owner-occupied
- 84.4%
- Renter-occupied
- 15.6%
- Vacant
- 4.7%Includes seasonal homes
- Median year built
- 1957
- Average household size
- 2.72
Folsom demographics
- Population
- 8,671
- Median age
- 37.6
- Under 18
- 23.4%
- 65 and older
- 14.9%
- Households
- 3,190
- Foreign-born
- 2.9%
- Veterans
- 5.6%Adults 18+
Hispanic or Latino can be of any race. Population history of Folsom ›
Education in Folsom
33.5% of adults 25 and older in Folsom have a bachelor's degree or higher (Pennsylvania: 35.2%), and 8.3% have a graduate or professional degree.
Jobs and commute in Folsom
- Unemployment rate
- 2.7%State: 5.3%
- Average commute
- 26 minState: 26 min
- Work from home
- 19.3%
- Drive alone
- 68.2%
- Public transit
- 2.7%
- Walk to work
- 0.5%
- Homes with broadband
- 93.5%
Folsom vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Folsom | 8,671 | $113,064 | $280,100 | $1,540 |
| Ridley | 30,923 | $92,835 | $265,200 | $1,298 |
| Rutledge | 935 | $135,313 | $396,800 | $1,679 |
| Ridley Park | 7,261 | $93,594 | $281,700 | $1,350 |
| Prospect Park | 6,417 | $63,077 | $244,600 | $1,183 |
| Swarthmore | 6,550 | $152,361 | $633,800 | $1,532 |
| Morton | 2,773 | $61,563 | $267,400 | $1,257 |
| Woodlyn | 9,736 | $79,696 | $230,400 | $1,196 |
| Norwood | 5,934 | $96,134 | $235,000 | $1,409 |
More for people moving to Folsom
Folsom ZIP code ›Weather and climate ›Living in Folsom: FAQ
What is the median household income in Folsom, PA?
The median household income in Folsom is $113,064, 45% higher 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 Folsom?
The median home value in Folsom is $280,100, compared with $254,500 in Pennsylvania.
How much is rent in Folsom?
The median gross rent in Folsom is $1,540 per month, about 30.8% of household income.
Is Folsom, PA a good place to live?
Pluses: median household income 45% higher than the Pennsylvania median; an average commute of 26 minutes; unemployment of 2.7%; a poverty rate of 6.3%. Minuses: home values 10% higher than the state median.
What is the median age in Folsom?
The median age in Folsom is 37.6 years (Pennsylvania: 40.9).
How long is the commute in Folsom?
The average commute to work in Folsom is 26 minutes; 19.3% of workers work from home.
What is the unemployment rate in Folsom?
The unemployment rate in Folsom is 2.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Folsom?
33.5% of adults in Folsom 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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