Living in Hatboro, Pennsylvania

Cost of living, income, home prices, rent and demographics of Hatboro · Census data 2020–2024

Hatboro has 8,283 residents with a median age of 36.8. The median household income is $112,565 (44% higher than the Pennsylvania median), the median home value is $351,000, the median rent is $1,911/month.

Hatboro at a glance

Population
8,283
Median age
36.8State: 40.9
Median household income
$112,565State: $77,971
Median home value
$351,000State: $254,500
Median rent
$1,911/moState: $1,209
Homeowners
58.5%
Bachelor's degree or higher
44%
Average commute
26 min

Is Hatboro a good place to live?

Pros: Median household income 44% higher than the Pennsylvania median; an average commute of 26 minutes; a poverty rate of 4.4%.

Cons: Home values 38% higher than the state median; unemployment of 5.6%.

The weather is best in May–June and August–September.

Cost of living in Hatboro

Housing is the biggest part of the cost of living. In Hatboro the median home value is $351,000, 6% higher than the U.S. median. Renters pay a median of $1,911 per month, which is 25.4% of household income. Homeowners with a mortgage pay $2,162 a month in housing costs.

Median home value

Hatboro$351,000
Pennsylvania$254,500
United States$332,700

Median monthly rent

Hatboro$1,911
Pennsylvania$1,209
United States$1,413

Hatboro median household income

The median household income in Hatboro is $112,565 and the income per person is $51,705. 4.4% of residents live below the poverty line (Pennsylvania: 11.7%).

Median household income

Hatboro$112,565
Pennsylvania$77,971
United States$80,734

Housing in Hatboro: homes for sale and rent

Housing units
3,461
Owner-occupied
58.5%
Renter-occupied
41.5%
Vacant
8.4%Includes seasonal homes
Median year built
1957
Average household size
2.61

Hatboro demographics

Population
8,283
Median age
36.8
Under 18
19.9%
65 and older
13.9%
Households
3,170
Foreign-born
10.9%
Veterans
7.4%Adults 18+

Race and ethnicity

White83%
Hispanic or Latino5.4%
Black6.3%
Asian4.8%

Hispanic or Latino can be of any race. Population history of Hatboro ›

Education in Hatboro

44% of adults 25 and older in Hatboro have a bachelor's degree or higher (Pennsylvania: 35.2%), and 17% have a graduate or professional degree.

Bachelor's degree or higher

Hatboro44%
Pennsylvania35.2%
United States35.7%

Jobs and commute in Hatboro

Unemployment rate
5.6%State: 5.3%
Average commute
26 minState: 26 min
Work from home
15%
Drive alone
67.1%
Public transit
1.9%
Walk to work
3.9%
Homes with broadband
95.4%

Hatboro vs nearby towns

TownPopulationMedian incomeHome valueRent
Hatboro8,283$112,565$351,000$1,911
Warminster Heights3,940$53,472$375,200$805
Upper Moreland26,131$99,054$391,600$1,634
Warminster33,470$96,391$418,600$1,634
Willow Grove14,131$98,064$357,300$1,765
Ivyland914$149,375$529,000$2,308
Bryn Athyn1,143$143,125$678,100$1,571
Horsham26,970$122,311$473,100$1,573
Roslyn10,639$99,318$328,800$1,306

More for people moving to Hatboro

Hatboro ZIP code ›Weather and climate ›

Living in Hatboro: FAQ

What is the median household income in Hatboro, PA?

The median household income in Hatboro is $112,565, 44% 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 Hatboro?

The median home value in Hatboro is $351,000, compared with $254,500 in Pennsylvania.

How much is rent in Hatboro?

The median gross rent in Hatboro is $1,911 per month, about 25.4% of household income.

Is Hatboro, PA a good place to live?

Pluses: median household income 44% higher than the Pennsylvania median; an average commute of 26 minutes; a poverty rate of 4.4%. Minuses: home values 38% higher than the state median; unemployment of 5.6%.

What is the median age in Hatboro?

The median age in Hatboro is 36.8 years (Pennsylvania: 40.9).

How long is the commute in Hatboro?

The average commute to work in Hatboro is 26 minutes; 15% of workers work from home.

What is the unemployment rate in Hatboro?

The unemployment rate in Hatboro is 5.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Hatboro?

44% of adults in Hatboro 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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