Living in Park Forest Village, Pennsylvania
Cost of living, income, home prices, rent and demographics of Park Forest Village · Census data 2020–2024
Park Forest Village has 8,624 residents with a median age of 38.2. The median household income is $79,120 (about the same as the Pennsylvania median), the median home value is $389,600, the median rent is $1,331/month.
Park Forest Village at a glance
- Population
- 8,624
- Median age
- 38.2State: 40.9
- Median household income
- $79,120State: $77,971
- Median home value
- $389,600State: $254,500
- Median rent
- $1,331/moState: $1,209
- Homeowners
- 55.6%
- Bachelor's degree or higher
- 77.4%
- Average commute
- 14 min
Is Park Forest Village a good place to live?
Pros: Median household income about the same as the Pennsylvania median; an average commute of 14 minutes; unemployment of 2%.
Cons: Home values 53% higher than the state median; a poverty rate of 21.5%.
The weather is best in June to September.
Cost of living in Park Forest Village
Housing is the biggest part of the cost of living. In Park Forest Village the median home value is $389,600, 17% higher than the U.S. median. Renters pay a median of $1,331 per month, which is 44.6% of household income. Homeowners with a mortgage pay $2,157 a month in housing costs.
Park Forest Village median household income
The median household income in Park Forest Village is $79,120 and the income per person is $48,041. 21.5% of residents live below the poverty line (Pennsylvania: 11.7%).
Housing in Park Forest Village: homes for sale and rent
- Housing units
- 4,359
- Owner-occupied
- 55.6%
- Renter-occupied
- 44.4%
- Vacant
- 13%Includes seasonal homes
- Median year built
- 1982
- Average household size
- 2.26
Park Forest Village demographics
- Population
- 8,624
- Median age
- 38.2
- Under 18
- 15.8%
- 65 and older
- 15.6%
- Households
- 3,791
- Foreign-born
- 19.2%
- Veterans
- 5%Adults 18+
Hispanic or Latino can be of any race. Population history of Park Forest Village ›
Education in Park Forest Village
77.4% of adults 25 and older in Park Forest Village have a bachelor's degree or higher (Pennsylvania: 35.2%), and 46.6% have a graduate or professional degree.
Jobs and commute in Park Forest Village
- Unemployment rate
- 2%State: 5.3%
- Average commute
- 14 minState: 26 min
- Work from home
- 26.1%
- Drive alone
- 52.1%
- Public transit
- 6%
- Walk to work
- 3.2%
- Homes with broadband
- 79.6%
Park Forest Village vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Park Forest Village | 8,624 | $79,120 | $389,600 | $1,331 |
| Patton | 15,791 | $83,656 | $388,100 | $1,386 |
| Toftrees | 2,873 | $73,721 | $434,100 | $1,566 |
| State College | 41,050 | $45,424 | $437,800 | $1,273 |
| Ferguson | 19,079 | $85,935 | $404,600 | $1,315 |
| Julian | 206 | $63,750 | $190,600 | — |
| Pine Grove Mills | 1,502 | $180,173 | $378,500 | $1,410 |
| Houserville | 2,000 | $119,303 | $378,600 | — |
| College | 10,540 | $101,323 | $404,400 | $1,112 |
More for people moving to Park Forest Village
Park Forest Village ZIP code ›Weather and climate ›Living in Park Forest Village: FAQ
What is the median household income in Park Forest Village, PA?
The median household income in Park Forest Village is $79,120, about the same as 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 Park Forest Village?
The median home value in Park Forest Village is $389,600, compared with $254,500 in Pennsylvania.
How much is rent in Park Forest Village?
The median gross rent in Park Forest Village is $1,331 per month, about 44.6% of household income.
Is Park Forest Village, PA a good place to live?
Pluses: median household income about the same as the Pennsylvania median; an average commute of 14 minutes; unemployment of 2%. Minuses: home values 53% higher than the state median; a poverty rate of 21.5%.
What is the median age in Park Forest Village?
The median age in Park Forest Village is 38.2 years (Pennsylvania: 40.9).
How long is the commute in Park Forest Village?
The average commute to work in Park Forest Village is 14 minutes; 26.1% of workers work from home.
What is the unemployment rate in Park Forest Village?
The unemployment rate in Park Forest Village is 2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Park Forest Village?
77.4% of adults in Park Forest Village 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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