Living in Peters, Pennsylvania

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

Peters has 4,466 residents with a median age of 43. The median household income is $76,829 (about the same as the Pennsylvania median), the median home value is $232,400, the median rent is $1,526/month.

Peters at a glance

Population
4,466
Median age
43State: 40.9
Median household income
$76,829State: $77,971
Median home value
$232,400State: $254,500
Median rent
$1,526/moState: $1,209
Homeowners
90.1%
Bachelor's degree or higher
19.1%
Average commute
30 min

Is Peters a good place to live?

Pros: Home values 9% lower than the state median; unemployment of 1.5%.

Cons: Median household income about the same as the Pennsylvania median; an average commute of 30 minutes; a poverty rate of 12.4%.

The weather is best in May–June and August–September.

Cost of living in Peters

Housing is the biggest part of the cost of living. In Peters the median home value is $232,400, 30% lower than the U.S. median. Renters pay a median of $1,526 per month, which is 51% of household income. Homeowners with a mortgage pay $1,901 a month in housing costs.

Median home value

Peters$232,400
Pennsylvania$254,500
United States$332,700

Median monthly rent

Peters$1,526
Pennsylvania$1,209
United States$1,413

Peters median household income

The median household income in Peters is $76,829 and the income per person is $38,726. 12.4% of residents live below the poverty line (Pennsylvania: 11.7%).

Median household income

Peters$76,829
Pennsylvania$77,971
United States$80,734

Housing in Peters: homes for sale and rent

Housing units
1,985
Owner-occupied
90.1%
Renter-occupied
9.9%
Vacant
0%Includes seasonal homes
Median year built
1974
Average household size
2.25

Peters demographics

Population
4,466
Median age
43
Under 18
15.3%
65 and older
22.5%
Households
1,985
Foreign-born
0.6%
Veterans
3.6%Adults 18+

Race and ethnicity

White96.3%
Hispanic or Latino0.7%
Black0.5%
Asian0.6%

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

Education in Peters

19.1% of adults 25 and older in Peters have a bachelor's degree or higher (Pennsylvania: 35.2%), and 9.4% have a graduate or professional degree.

Bachelor's degree or higher

Peters19.1%
Pennsylvania35.2%
United States35.7%

Jobs and commute in Peters

Unemployment rate
1.5%State: 5.3%
Average commute
30 minState: 26 min
Work from home
23.6%
Drive alone
64.6%
Public transit
0%
Walk to work
3.5%
Homes with broadband
98.3%

Peters vs nearby towns

TownPopulationMedian incomeHome valueRent
Peters4,466$76,829$232,400$1,526
Fort Loudon854$120,523$330,200—
Mercersburg1,725$66,114$210,700$804
St. Thomas5,956$73,642$211,500$1,148
McConnellsburg1,009$36,875$173,000$755
Montgomery5,754$98,640$302,400$1,303
Todd1,736$74,485$174,400$828
Ayr2,011$61,818$223,700$788
Warren372$84,750$330,700$763

More for people moving to Peters

Peters ZIP code ›Weather and climate ›

Living in Peters: FAQ

What is the median household income in Peters, PA?

The median household income in Peters is $76,829, 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 Peters?

The median home value in Peters is $232,400, compared with $254,500 in Pennsylvania.

How much is rent in Peters?

The median gross rent in Peters is $1,526 per month, about 51% of household income.

Is Peters, PA a good place to live?

Pluses: home values 9% lower than the state median; unemployment of 1.5%. Minuses: median household income about the same as the Pennsylvania median; an average commute of 30 minutes; a poverty rate of 12.4%.

What is the median age in Peters?

The median age in Peters is 43 years (Pennsylvania: 40.9).

How long is the commute in Peters?

The average commute to work in Peters is 30 minutes; 23.6% of workers work from home.

What is the unemployment rate in Peters?

The unemployment rate in Peters is 1.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Peters?

19.1% of adults in Peters 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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