Living in Preston, Pennsylvania
Cost of living, income, home prices, rent and demographics of Preston · Census data 2020–2024
Preston has 916 residents with a median age of 56.3. The median household income is $71,250 (9% lower than the Pennsylvania median), the median home value is $231,100, the median rent is $855/month.
Preston is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Preston at a glance
- Population
- 916
- Median age
- 56.3State: 40.9
- Median household income
- $71,250State: $77,971
- Median home value
- $231,100State: $254,500
- Median rent
- $855/moState: $1,209
- Homeowners
- 91%
- Bachelor's degree or higher
- 20.2%
- Average commute
- 37 min
Is Preston a good place to live?
Pros: Home values 9% lower than the state median; unemployment of 1.8%.
Cons: Median household income 9% lower than the Pennsylvania median; an average commute of 37 minutes; a poverty rate of 11.8%.
The weather is best in June to September.
Cost of living in Preston
Housing is the biggest part of the cost of living. In Preston the median home value is $231,100, 31% lower than the U.S. median. Renters pay a median of $855 per month, which is 19.2% of household income. Homeowners with a mortgage pay $1,496 a month in housing costs.
Preston median household income
The median household income in Preston is $71,250 and the income per person is $43,414. 11.8% of residents live below the poverty line (Pennsylvania: 11.7%).
Housing in Preston: homes for sale and rent
- Housing units
- 946
- Owner-occupied
- 91%
- Renter-occupied
- 9%
- Vacant
- 54.2%Includes seasonal homes
- Median year built
- 1966
- Average household size
- 2.12
54.2% of homes are vacant most of the year, a sign that Preston has many vacation and second homes.
Preston demographics
- Population
- 916
- Median age
- 56.3
- Under 18
- 13.6%
- 65 and older
- 35.6%
- Households
- 433
- Foreign-born
- 3.3%
- Veterans
- 13.8%Adults 18+
Hispanic or Latino can be of any race. Population history of Preston ›
Education in Preston
20.2% of adults 25 and older in Preston have a bachelor's degree or higher (Pennsylvania: 35.2%), and 10.1% have a graduate or professional degree.
Jobs and commute in Preston
- Unemployment rate
- 1.8%State: 5.3%
- Average commute
- 37 minState: 26 min
- Work from home
- 9.9%
- Drive alone
- 73.3%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 80.6%
Preston vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Preston | 916 | $71,250 | $231,100 | $855 |
| Starrucca | 171 | $70,278 | $156,300 | — |
| Thompson | 327 | $58,393 | $158,300 | $1,125 |
| Buckingham | 465 | $53,958 | $230,600 | $880 |
| Ararat | 478 | $70,833 | $260,000 | $1,352 |
| Scott | 434 | $60,795 | $229,500 | $775 |
| Mount Pleasant | 1,742 | $83,750 | $323,700 | $1,304 |
| Hancock | 745 | $51,765 | $150,000 | $958 |
| Herrick | 637 | $73,295 | $280,200 | $858 |
More for people moving to Preston
Preston ZIP code ›Weather and climate ›Living in Preston: FAQ
What is the median household income in Preston, PA?
The median household income in Preston is $71,250, 9% 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 Preston?
The median home value in Preston is $231,100, compared with $254,500 in Pennsylvania.
How much is rent in Preston?
The median gross rent in Preston is $855 per month, about 19.2% of household income.
Is Preston, PA a good place to live?
Pluses: home values 9% lower than the state median; unemployment of 1.8%. Minuses: median household income 9% lower than the Pennsylvania median; an average commute of 37 minutes; a poverty rate of 11.8%.
What is the median age in Preston?
The median age in Preston is 56.3 years (Pennsylvania: 40.9).
How long is the commute in Preston?
The average commute to work in Preston is 37 minutes; 9.9% of workers work from home.
What is the unemployment rate in Preston?
The unemployment rate in Preston is 1.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Preston?
20.2% of adults in Preston 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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