Living in Penn, Pennsylvania
Cost of living, income, home prices, rent and demographics of Penn · Census data 2020–2024
Penn has 2,917 residents with a median age of 41. The median household income is $80,500 (3% higher than the Pennsylvania median), the median home value is $237,800, the median rent is $1,089/month.
Penn at a glance
- Population
- 2,917
- Median age
- 41State: 40.9
- Median household income
- $80,500State: $77,971
- Median home value
- $237,800State: $254,500
- Median rent
- $1,089/moState: $1,209
- Homeowners
- 84.1%
- Bachelor's degree or higher
- 16.5%
- Average commute
- 25 min
Is Penn a good place to live?
Pros: Median household income 3% higher than the Pennsylvania median; home values 7% lower than the state median; an average commute of 25 minutes; unemployment of 2.8%; a poverty rate of 3.7%.
The weather is best in May–June and August–September.
Cost of living in Penn
Housing is the biggest part of the cost of living. In Penn the median home value is $237,800, 29% lower than the U.S. median. Renters pay a median of $1,089 per month, which is 21.9% of household income. Homeowners with a mortgage pay $1,662 a month in housing costs.
Penn median household income
The median household income in Penn is $80,500 and the income per person is $35,697. 3.7% of residents live below the poverty line (Pennsylvania: 11.7%).
Housing in Penn: homes for sale and rent
- Housing units
- 1,157
- Owner-occupied
- 84.1%
- Renter-occupied
- 15.9%
- Vacant
- 6.5%Includes seasonal homes
- Median year built
- 1982
- Average household size
- 2.69
Penn demographics
- Population
- 2,917
- Median age
- 41
- Under 18
- 26.7%
- 65 and older
- 19.3%
- Households
- 1,082
- Foreign-born
- 0.2%
- Veterans
- 9.2%Adults 18+
Hispanic or Latino can be of any race. Population history of Penn ›
Education in Penn
16.5% of adults 25 and older in Penn have a bachelor's degree or higher (Pennsylvania: 35.2%), and 5.2% have a graduate or professional degree.
Jobs and commute in Penn
- Unemployment rate
- 2.8%State: 5.3%
- Average commute
- 25 minState: 26 min
- Work from home
- 13.7%
- Drive alone
- 71.8%
- Public transit
- 0.8%
- Walk to work
- 0.7%
- Homes with broadband
- 85.5%
Penn vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Penn | 2,917 | $80,500 | $237,800 | $1,089 |
| South Newton | 1,204 | $78,167 | $245,000 | $1,120 |
| Dickinson | 5,388 | $104,716 | $390,500 | $790 |
| Cooke | 181 | $103,750 | $310,000 | — |
| West Pennsboro | 5,660 | $81,433 | $282,600 | $1,266 |
| Newville | 1,283 | $59,087 | $177,100 | $957 |
| North Newton | 2,581 | $78,125 | $255,200 | $1,009 |
| Southampton | 7,938 | $81,392 | $265,600 | $1,354 |
| Plainfield | 248 | $73,977 | $181,900 | — |
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 $80,500, 3% 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 Penn?
The median home value in Penn is $237,800, compared with $254,500 in Pennsylvania.
How much is rent in Penn?
The median gross rent in Penn is $1,089 per month, about 21.9% of household income.
Is Penn, PA a good place to live?
Pluses: median household income 3% higher than the Pennsylvania median; home values 7% lower than the state median; an average commute of 25 minutes; unemployment of 2.8%; a poverty rate of 3.7%.
What is the median age in Penn?
The median age in Penn is 41 years (Pennsylvania: 40.9).
How long is the commute in Penn?
The average commute to work in Penn is 25 minutes; 13.7% of workers work from home.
What is the unemployment rate in Penn?
The unemployment rate in Penn is 2.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Penn?
16.5% 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.
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