Living in Price, Pennsylvania

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

Price has 3,734 residents with a median age of 47.3. The median household income is $82,898 (6% higher than the Pennsylvania median), the median home value is $275,400, the median rent is $1,838/month.

Price at a glance

Population
3,734
Median age
47.3State: 40.9
Median household income
$82,898State: $77,971
Median home value
$275,400State: $254,500
Median rent
$1,838/moState: $1,209
Homeowners
90.5%
Bachelor's degree or higher
21.1%
Average commute
41 min

Is Price a good place to live?

Pros: Median household income 6% higher than the Pennsylvania median; unemployment of 4.2%; a poverty rate of 6.9%.

Cons: Home values 8% higher than the state median; an average commute of 41 minutes.

The weather is best in June to September.

Cost of living in Price

Housing is the biggest part of the cost of living. In Price the median home value is $275,400, 17% lower than the U.S. median. Renters pay a median of $1,838 per month, which is 51% of household income. Homeowners with a mortgage pay $1,861 a month in housing costs.

Median home value

Price$275,400
Pennsylvania$254,500
United States$332,700

Median monthly rent

Price$1,838
Pennsylvania$1,209
United States$1,413

Price median household income

The median household income in Price is $82,898 and the income per person is $41,141. 6.9% of residents live below the poverty line (Pennsylvania: 11.7%).

Median household income

Price$82,898
Pennsylvania$77,971
United States$80,734

Housing in Price: homes for sale and rent

Housing units
1,789
Owner-occupied
90.5%
Renter-occupied
9.5%
Vacant
21.1%Includes seasonal homes
Median year built
1992
Average household size
2.64

Price demographics

Population
3,734
Median age
47.3
Under 18
18.7%
65 and older
19.8%
Households
1,411
Foreign-born
15.5%
Veterans
6.3%Adults 18+

Race and ethnicity

White60.4%
Hispanic or Latino13.2%
Black27.2%
Asian0.4%

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

Education in Price

21.1% of adults 25 and older in Price have a bachelor's degree or higher (Pennsylvania: 35.2%), and 3.7% have a graduate or professional degree.

Bachelor's degree or higher

Price21.1%
Pennsylvania35.2%
United States35.7%

Jobs and commute in Price

Unemployment rate
4.2%State: 5.3%
Average commute
41 minState: 26 min
Work from home
3.7%
Drive alone
79.7%
Public transit
3.7%
Walk to work
0%
Homes with broadband
99.7%

Price vs nearby towns

TownPopulationMedian incomeHome valueRent
Price3,734$82,898$275,400$1,838
Paradise2,906$86,991$280,500$1,134
Mountainhome887$84,591$281,600—
Penn Estates3,659$118,681$283,100—
Middle Smithfield16,010$88,026$249,200$1,556
Pocono10,860$105,181$288,300$1,424
Barrett4,038$84,857$278,200$1,253
Mount Pocono3,072$79,375$241,100$891
Smithfield7,953$105,705$304,400$1,194

More for people moving to Price

Price ZIP code ›Weather and climate ›

Living in Price: FAQ

What is the median household income in Price, PA?

The median household income in Price is $82,898, 6% 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 Price?

The median home value in Price is $275,400, compared with $254,500 in Pennsylvania.

How much is rent in Price?

The median gross rent in Price is $1,838 per month, about 51% of household income.

Is Price, PA a good place to live?

Pluses: median household income 6% higher than the Pennsylvania median; unemployment of 4.2%; a poverty rate of 6.9%. Minuses: home values 8% higher than the state median; an average commute of 41 minutes.

What is the median age in Price?

The median age in Price is 47.3 years (Pennsylvania: 40.9).

How long is the commute in Price?

The average commute to work in Price is 41 minutes; 3.7% of workers work from home.

What is the unemployment rate in Price?

The unemployment rate in Price is 4.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Price?

21.1% of adults in Price 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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