Living in Monaghan, Pennsylvania
Cost of living, income, home prices, rent and demographics of Monaghan · Census data 2020–2024
Monaghan has 2,732 residents with a median age of 46.9. The median household income is $111,304 (43% higher than the Pennsylvania median), the median home value is $315,600, the median rent is $1,121/month.
Monaghan at a glance
- Population
- 2,732
- Median age
- 46.9State: 40.9
- Median household income
- $111,304State: $77,971
- Median home value
- $315,600State: $254,500
- Median rent
- $1,121/moState: $1,209
- Homeowners
- 91.8%
- Bachelor's degree or higher
- 38%
- Average commute
- 25 min
Is Monaghan a good place to live?
Pros: Median household income 43% higher than the Pennsylvania median; an average commute of 25 minutes; unemployment of 3%; a poverty rate of 2.7%.
Cons: Home values 24% higher than the state median.
The weather is best in May–June and August–September.
Cost of living in Monaghan
Housing is the biggest part of the cost of living. In Monaghan the median home value is $315,600, 5% lower than the U.S. median. Renters pay a median of $1,121 per month, which is 31.3% of household income. Homeowners with a mortgage pay $2,089 a month in housing costs.
Monaghan median household income
The median household income in Monaghan is $111,304 and the income per person is $56,166. 2.7% of residents live below the poverty line (Pennsylvania: 11.7%).
Housing in Monaghan: homes for sale and rent
- Housing units
- 1,109
- Owner-occupied
- 91.8%
- Renter-occupied
- 8.2%
- Vacant
- 6.9%Includes seasonal homes
- Median year built
- 1983
- Average household size
- 2.63
Monaghan demographics
- Population
- 2,732
- Median age
- 46.9
- Under 18
- 19.2%
- 65 and older
- 23.9%
- Households
- 1,032
- Foreign-born
- 0.8%
- Veterans
- 4.5%Adults 18+
Hispanic or Latino can be of any race. Population history of Monaghan ›
Education in Monaghan
38% of adults 25 and older in Monaghan have a bachelor's degree or higher (Pennsylvania: 35.2%), and 11.7% have a graduate or professional degree.
Jobs and commute in Monaghan
- Unemployment rate
- 3%State: 5.3%
- Average commute
- 25 minState: 26 min
- Work from home
- 16%
- Drive alone
- 78.9%
- Public transit
- 0%
- Walk to work
- 2%
- Homes with broadband
- 92.7%
Monaghan vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Monaghan | 2,732 | $111,304 | $315,600 | $1,121 |
| Upper Allen | 23,801 | $99,197 | $279,800 | $1,525 |
| Carroll | 7,079 | $118,929 | $354,500 | $1,250 |
| Dillsburg | 2,629 | $84,102 | $240,300 | $1,065 |
| Lewisberry | 530 | $94,219 | $218,400 | $1,308 |
| Warrington | 4,584 | $77,763 | $276,300 | $761 |
| Lower Allen | 20,577 | $91,678 | $260,400 | $1,511 |
| Fairview | 17,676 | $106,223 | $285,700 | $1,136 |
| Mechanicsburg | 9,720 | $84,421 | $241,200 | $1,083 |
More for people moving to Monaghan
Monaghan ZIP code ›Weather and climate ›Living in Monaghan: FAQ
What is the median household income in Monaghan, PA?
The median household income in Monaghan is $111,304, 43% 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 Monaghan?
The median home value in Monaghan is $315,600, compared with $254,500 in Pennsylvania.
How much is rent in Monaghan?
The median gross rent in Monaghan is $1,121 per month, about 31.3% of household income.
Is Monaghan, PA a good place to live?
Pluses: median household income 43% higher than the Pennsylvania median; an average commute of 25 minutes; unemployment of 3%; a poverty rate of 2.7%. Minuses: home values 24% higher than the state median.
What is the median age in Monaghan?
The median age in Monaghan is 46.9 years (Pennsylvania: 40.9).
How long is the commute in Monaghan?
The average commute to work in Monaghan is 25 minutes; 16% of workers work from home.
What is the unemployment rate in Monaghan?
The unemployment rate in Monaghan is 3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Monaghan?
38% of adults in Monaghan 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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