Living in Penn Estates, Pennsylvania
Cost of living, income, home prices, rent and demographics of Penn Estates · Census data 2020–2024
Penn Estates has 3,659 residents with a median age of 41.8. The median household income is $118,681 (52% higher than the Pennsylvania median), the median home value is $283,100.
Penn Estates at a glance
- Population
- 3,659
- Median age
- 41.8State: 40.9
- Median household income
- $118,681State: $77,971
- Median home value
- $283,100State: $254,500
- Homeowners
- 98.1%
- Bachelor's degree or higher
- 31.3%
- Average commute
- 46 min
Is Penn Estates a good place to live?
Pros: Median household income 52% higher than the Pennsylvania median; unemployment of 4.1%.
Cons: Home values 11% higher than the state median; an average commute of 46 minutes; a poverty rate of 15%.
The weather is best in May–June and August–September.
Cost of living in Penn Estates
Housing is the biggest part of the cost of living. In Penn Estates the median home value is $283,100, 15% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $1,964 a month in housing costs.
Penn Estates median household income
The median household income in Penn Estates is $118,681 and the income per person is $41,244. 15% of residents live below the poverty line (Pennsylvania: 11.7%).
Housing in Penn Estates: homes for sale and rent
- Housing units
- 1,659
- Owner-occupied
- 98.1%
- Renter-occupied
- 1.9%
- Vacant
- 30.6%Includes seasonal homes
- Median year built
- 1988
- Average household size
- 3.18
30.6% of homes are vacant most of the year, a sign that Penn Estates has many vacation and second homes.
Penn Estates demographics
- Population
- 3,659
- Median age
- 41.8
- Under 18
- 21.8%
- 65 and older
- 9.8%
- Households
- 1,151
- Foreign-born
- 16.5%
- Veterans
- 6.3%Adults 18+
Hispanic or Latino can be of any race. Population history of Penn Estates ›
Education in Penn Estates
31.3% of adults 25 and older in Penn Estates have a bachelor's degree or higher (Pennsylvania: 35.2%), and 13.4% have a graduate or professional degree.
Jobs and commute in Penn Estates
- Unemployment rate
- 4.1%State: 5.3%
- Average commute
- 46 minState: 26 min
- Work from home
- 11.1%
- Drive alone
- 61.7%
- Public transit
- 8.9%
- Walk to work
- 0.5%
- Homes with broadband
- 98.2%
Penn Estates vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Penn Estates | 3,659 | $118,681 | $283,100 | — |
| Arlington Heights | 6,847 | $70,779 | $277,300 | $1,320 |
| Stroud | 19,764 | $95,087 | $291,500 | $1,355 |
| Pocono | 10,860 | $105,181 | $288,300 | $1,424 |
| East Stroudsburg | 9,319 | $59,821 | $227,900 | $1,479 |
| Stroudsburg | 5,894 | $66,674 | $229,800 | $1,565 |
| Price | 3,734 | $82,898 | $275,400 | $1,838 |
| Smithfield | 7,953 | $105,705 | $304,400 | $1,194 |
| Paradise | 2,906 | $86,991 | $280,500 | $1,134 |
More for people moving to Penn Estates
Penn Estates ZIP code ›Weather and climate ›Living in Penn Estates: FAQ
What is the median household income in Penn Estates, PA?
The median household income in Penn Estates is $118,681, 52% 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 Estates?
The median home value in Penn Estates is $283,100, compared with $254,500 in Pennsylvania.
Is Penn Estates, PA a good place to live?
Pluses: median household income 52% higher than the Pennsylvania median; unemployment of 4.1%. Minuses: home values 11% higher than the state median; an average commute of 46 minutes; a poverty rate of 15%.
What is the median age in Penn Estates?
The median age in Penn Estates is 41.8 years (Pennsylvania: 40.9).
How long is the commute in Penn Estates?
The average commute to work in Penn Estates is 46 minutes; 11.1% of workers work from home.
What is the unemployment rate in Penn Estates?
The unemployment rate in Penn Estates is 4.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Penn Estates?
31.3% of adults in Penn Estates 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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