Living in New Freedom, Pennsylvania
Cost of living, income, home prices, rent and demographics of New Freedom · Census data 2020–2024
New Freedom has 5,066 residents with a median age of 45.3. The median household income is $120,037 (54% higher than the Pennsylvania median), the median home value is $370,900, the median rent is $1,640/month.
New Freedom at a glance
- Population
- 5,066
- Median age
- 45.3State: 40.9
- Median household income
- $120,037State: $77,971
- Median home value
- $370,900State: $254,500
- Median rent
- $1,640/moState: $1,209
- Homeowners
- 90.5%
- Bachelor's degree or higher
- 43.7%
- Average commute
- 34 min
Is New Freedom a good place to live?
Pros: Median household income 54% higher than the Pennsylvania median; unemployment of 1.9%; a poverty rate of 3.9%.
Cons: Home values 46% higher than the state median; an average commute of 34 minutes.
The weather is best in May–June and August–September.
Cost of living in New Freedom
Housing is the biggest part of the cost of living. In New Freedom the median home value is $370,900, 11% higher than the U.S. median. Renters pay a median of $1,640 per month, which is 40.5% of household income. Homeowners with a mortgage pay $2,196 a month in housing costs.
New Freedom median household income
The median household income in New Freedom is $120,037 and the income per person is $54,862. 3.9% of residents live below the poverty line (Pennsylvania: 11.7%).
Housing in New Freedom: homes for sale and rent
- Housing units
- 1,943
- Owner-occupied
- 90.5%
- Renter-occupied
- 9.5%
- Vacant
- 0.9%Includes seasonal homes
- Median year built
- 1989
- Average household size
- 2.62
New Freedom demographics
- Population
- 5,066
- Median age
- 45.3
- Under 18
- 21.6%
- 65 and older
- 20.9%
- Households
- 1,925
- Foreign-born
- 3.5%
- Veterans
- 9.9%Adults 18+
Hispanic or Latino can be of any race. Population history of New Freedom ›
Education in New Freedom
43.7% of adults 25 and older in New Freedom have a bachelor's degree or higher (Pennsylvania: 35.2%), and 13.1% have a graduate or professional degree.
Jobs and commute in New Freedom
- Unemployment rate
- 1.9%State: 5.3%
- Average commute
- 34 minState: 26 min
- Work from home
- 24.2%
- Drive alone
- 70.9%
- Public transit
- 0%
- Walk to work
- 1.3%
- Homes with broadband
- 98%
New Freedom vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| New Freedom | 5,066 | $120,037 | $370,900 | $1,640 |
| Shrewsbury | 3,878 | $101,833 | $298,100 | $1,044 |
| Glen Rock | 2,108 | $87,396 | $241,100 | $1,173 |
| Stewartstown | 1,761 | $81,250 | $267,500 | $996 |
| Codorus | 3,943 | $101,676 | $286,200 | $1,428 |
| Springfield | 6,078 | $122,188 | $334,000 | $1,125 |
| Hopewell | 5,337 | $122,179 | $329,800 | $971 |
| North Hopewell | 2,742 | $109,342 | $312,100 | $1,190 |
| Loganville | 1,588 | $94,954 | $297,600 | $1,168 |
More for people moving to New Freedom
New Freedom ZIP code ›Weather and climate ›Living in New Freedom: FAQ
What is the median household income in New Freedom, PA?
The median household income in New Freedom is $120,037, 54% 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 New Freedom?
The median home value in New Freedom is $370,900, compared with $254,500 in Pennsylvania.
How much is rent in New Freedom?
The median gross rent in New Freedom is $1,640 per month, about 40.5% of household income.
Is New Freedom, PA a good place to live?
Pluses: median household income 54% higher than the Pennsylvania median; unemployment of 1.9%; a poverty rate of 3.9%. Minuses: home values 46% higher than the state median; an average commute of 34 minutes.
What is the median age in New Freedom?
The median age in New Freedom is 45.3 years (Pennsylvania: 40.9).
How long is the commute in New Freedom?
The average commute to work in New Freedom is 34 minutes; 24.2% of workers work from home.
What is the unemployment rate in New Freedom?
The unemployment rate in New Freedom is 1.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is New Freedom?
43.7% of adults in New Freedom 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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