Living in Penn, Pennsylvania

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

Penn has 1,082 residents with a median age of 36.3. The median household income is $69,550 (11% lower than the Pennsylvania median), the median home value is $254,700, the median rent is $1,292/month.

Penn is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Penn at a glance

Population
1,082
Median age
36.3State: 40.9
Median household income
$69,550State: $77,971
Median home value
$254,700State: $254,500
Median rent
$1,292/moState: $1,209
Homeowners
89.2%
Bachelor's degree or higher
22.7%
Average commute
38 min

Is Penn a good place to live?

Pros: Unemployment of 4.9%; a poverty rate of 8.3%.

Cons: Median household income 11% lower than the Pennsylvania median; home values about the same as the state median; an average commute of 38 minutes.

The weather is best in June to September.

Cost of living in Penn

Housing is the biggest part of the cost of living. In Penn the median home value is $254,700, 23% lower than the U.S. median. Renters pay a median of $1,292 per month, which is 25% of household income. Homeowners with a mortgage pay $1,597 a month in housing costs.

Median home value

Penn$254,700
Pennsylvania$254,500
United States$332,700

Median monthly rent

Penn$1,292
Pennsylvania$1,209
United States$1,413

Penn median household income

The median household income in Penn is $69,550 and the income per person is $28,300. 8.3% of residents live below the poverty line (Pennsylvania: 11.7%).

Median household income

Penn$69,550
Pennsylvania$77,971
United States$80,734

Housing in Penn: homes for sale and rent

Housing units
500
Owner-occupied
89.2%
Renter-occupied
10.8%
Vacant
27.8%Includes seasonal homes
Median year built
1983
Average household size
3.00

Penn demographics

Population
1,082
Median age
36.3
Under 18
35.6%
65 and older
14.7%
Households
361
Foreign-born
3.1%
Veterans
14.1%Adults 18+

Race and ethnicity

White91.3%
Hispanic or Latino1.4%
Black0.3%
Asian7.9%

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

Education in Penn

22.7% of adults 25 and older in Penn have a bachelor's degree or higher (Pennsylvania: 35.2%), and 10.1% have a graduate or professional degree.

Bachelor's degree or higher

Penn22.7%
Pennsylvania35.2%
United States35.7%

Jobs and commute in Penn

Unemployment rate
4.9%State: 5.3%
Average commute
38 minState: 26 min
Work from home
8.1%
Drive alone
70.8%
Public transit
0%
Walk to work
4.3%
Homes with broadband
77.8%

Penn vs nearby towns

TownPopulationMedian incomeHome valueRent
Penn1,082$69,550$254,700$1,292
Coburn111$31,429$156,800—
Millheim777$73,125$246,700$925
Aaronsburg718$89,408$269,400$896
Spring Mills564$68,750$229,700$830
Gregg2,142$67,292$273,800$961
Madisonburg148$69,750$175,000—
Rebersburg583$71,806$194,600$1,204
Haines1,892$76,667$273,600$1,163

More for people moving to Penn

Penn ZIP code ›Weather and climate ›

Living in Penn: FAQ

What is the median household income in Penn, PA?

The median household income in Penn is $69,550, 11% 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 Penn?

The median home value in Penn is $254,700, compared with $254,500 in Pennsylvania.

How much is rent in Penn?

The median gross rent in Penn is $1,292 per month, about 25% of household income.

Is Penn, PA a good place to live?

Pluses: unemployment of 4.9%; a poverty rate of 8.3%. Minuses: median household income 11% lower than the Pennsylvania median; home values about the same as the state median; an average commute of 38 minutes.

What is the median age in Penn?

The median age in Penn is 36.3 years (Pennsylvania: 40.9).

How long is the commute in Penn?

The average commute to work in Penn is 38 minutes; 8.1% of workers work from home.

What is the unemployment rate in Penn?

The unemployment rate in Penn is 4.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Penn?

22.7% of adults in Penn 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.

Last updated: