Living in Graceton, Pennsylvania
Cost of living, income, home prices, rent and demographics of Graceton · Census data 2020–2024
Graceton has 106 residents with a median age of 40.2. The median household income is $38,875 (50% lower than the Pennsylvania median), the median home value is $89,300.
Graceton is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Graceton at a glance
- Population
- 106
- Median age
- 40.2State: 40.9
- Median household income
- $38,875State: $77,971
- Median home value
- $89,300State: $254,500
- Homeowners
- 83.7%
- Bachelor's degree or higher
- 21.4%
Is Graceton a good place to live?
Pros: Home values 65% lower than the state median.
Cons: Median household income 50% lower than the Pennsylvania median; a poverty rate of 18.9%.
The weather is best in June to September.
Cost of living in Graceton
Housing is the biggest part of the cost of living. In Graceton the median home value is $89,300, 73% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay — a month in housing costs.
Graceton median household income
The median household income in Graceton is $38,875 and the income per person is $28,798. 18.9% of residents live below the poverty line (Pennsylvania: 11.7%).
Housing in Graceton: homes for sale and rent
- Housing units
- 61
- Owner-occupied
- 83.7%
- Renter-occupied
- 16.3%
- Vacant
- 19.7%Includes seasonal homes
- Median year built
- 1957
- Average household size
- 2.00
Graceton demographics
- Population
- 106
- Median age
- 40.2
- Under 18
- 0%
- 65 and older
- 19.8%
- Households
- 49
- Foreign-born
- 0%
- Veterans
- 0%Adults 18+
Hispanic or Latino can be of any race. Population history of Graceton ›
Education in Graceton
21.4% of adults 25 and older in Graceton have a bachelor's degree or higher (Pennsylvania: 35.2%), and 14.3% have a graduate or professional degree.
Jobs and commute in Graceton
- Unemployment rate
- 0%State: 5.3%
- Average commute
- —State: 26 min
- Work from home
- 0%
- Drive alone
- 82.4%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 100%
Graceton vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Graceton | 106 | $38,875 | $89,300 | — |
| Coral | 214 | $58,008 | $74,600 | — |
| Homer City | 1,778 | $65,129 | $119,400 | $706 |
| Center | 4,364 | $70,236 | $163,400 | $1,004 |
| Lucerne Mines | 615 | $70,644 | $136,600 | — |
| Black Lick | 1,144 | $69,485 | $181,300 | $748 |
| Burrell | 3,467 | $50,948 | $124,600 | $594 |
| Brush Valley | 1,747 | $76,509 | $155,200 | $914 |
| West Wheatfield | 2,054 | $72,500 | $153,300 | $883 |
More for people moving to Graceton
Graceton ZIP code ›Weather and climate ›Living in Graceton: FAQ
What is the median household income in Graceton, PA?
The median household income in Graceton is $38,875, 50% 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 Graceton?
The median home value in Graceton is $89,300, compared with $254,500 in Pennsylvania.
Is Graceton, PA a good place to live?
Pluses: home values 65% lower than the state median. Minuses: median household income 50% lower than the Pennsylvania median; a poverty rate of 18.9%.
What is the median age in Graceton?
The median age in Graceton is 40.2 years (Pennsylvania: 40.9).
What is the unemployment rate in Graceton?
The unemployment rate in Graceton is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Graceton?
21.4% of adults in Graceton 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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