Living in Penn Farms, Pennsylvania
Cost of living, income, home prices, rent and demographics of Penn Farms · Census data 2020–2024
Penn Farms has 2,508 residents with a median age of 40.5. The median household income is $89,867 (15% higher than the Pennsylvania median), the median home value is $348,900, the median rent is $1,063/month.
Penn Farms at a glance
- Population
- 2,508
- Median age
- 40.5State: 40.9
- Median household income
- $89,867State: $77,971
- Median home value
- $348,900State: $254,500
- Median rent
- $1,063/moState: $1,209
- Homeowners
- 72.1%
- Bachelor's degree or higher
- 58.1%
- Average commute
- 20 min
Is Penn Farms a good place to live?
Pros: Median household income 15% higher than the Pennsylvania median; an average commute of 20 minutes; unemployment of 0%; a poverty rate of 3.9%.
Cons: Home values 37% higher than the state median.
The weather is best in May–June and August–September.
Cost of living in Penn Farms
Housing is the biggest part of the cost of living. In Penn Farms the median home value is $348,900, 5% higher than the U.S. median. Renters pay a median of $1,063 per month, which is 19.4% of household income. Homeowners with a mortgage pay $1,911 a month in housing costs.
Penn Farms median household income
The median household income in Penn Farms is $89,867 and the income per person is $55,787. 3.9% of residents live below the poverty line (Pennsylvania: 11.7%).
Housing in Penn Farms: homes for sale and rent
- Housing units
- 1,004
- Owner-occupied
- 72.1%
- Renter-occupied
- 27.9%
- Vacant
- 0%Includes seasonal homes
- Median year built
- 1996
- Average household size
- 2.50
Penn Farms demographics
- Population
- 2,508
- Median age
- 40.5
- Under 18
- 23.3%
- 65 and older
- 14.9%
- Households
- 1,004
- Foreign-born
- 6.4%
- Veterans
- 8%Adults 18+
Hispanic or Latino can be of any race. Population history of Penn Farms ›
Education in Penn Farms
58.1% of adults 25 and older in Penn Farms have a bachelor's degree or higher (Pennsylvania: 35.2%), and 31.5% have a graduate or professional degree.
Jobs and commute in Penn Farms
- Unemployment rate
- 0%State: 5.3%
- Average commute
- 20 minState: 26 min
- Work from home
- 9.6%
- Drive alone
- 87.1%
- Public transit
- 0%
- Walk to work
- 1.8%
- Homes with broadband
- 100%
Penn Farms vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Penn Farms | 2,508 | $89,867 | $348,900 | $1,063 |
| Fort Fetter | 218 | $76,250 | $172,700 | — |
| Blair | 4,726 | $85,227 | $229,400 | $1,002 |
| Duncansville | 1,147 | $55,469 | $151,500 | $890 |
| Hollidaysburg | 5,558 | $69,458 | $196,100 | $1,085 |
| Sunbrook | 440 | $75,956 | $205,900 | — |
| Newry | 157 | $49,375 | $158,300 | $1,100 |
| Cross Keys | 420 | $42,500 | — | $1,153 |
| Foot of Ten | 466 | $67,647 | $156,800 | $657 |
More for people moving to Penn Farms
Penn Farms ZIP code ›Weather and climate ›Living in Penn Farms: FAQ
What is the median household income in Penn Farms, PA?
The median household income in Penn Farms is $89,867, 15% 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 Farms?
The median home value in Penn Farms is $348,900, compared with $254,500 in Pennsylvania.
How much is rent in Penn Farms?
The median gross rent in Penn Farms is $1,063 per month, about 19.4% of household income.
Is Penn Farms, PA a good place to live?
Pluses: median household income 15% higher than the Pennsylvania median; an average commute of 20 minutes; unemployment of 0%; a poverty rate of 3.9%. Minuses: home values 37% higher than the state median.
What is the median age in Penn Farms?
The median age in Penn Farms is 40.5 years (Pennsylvania: 40.9).
How long is the commute in Penn Farms?
The average commute to work in Penn Farms is 20 minutes; 9.6% of workers work from home.
What is the unemployment rate in Penn Farms?
The unemployment rate in Penn Farms is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Penn Farms?
58.1% of adults in Penn Farms 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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