Living in Putnam, Pennsylvania
Cost of living, income, home prices, rent and demographics of Putnam · Census data 2020–2024
Putnam has 374 residents with a median age of 38.2. The median household income is $49,107 (37% lower than the Pennsylvania median), the median home value is $150,800, the median rent is $783/month.
Putnam is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Putnam at a glance
- Population
- 374
- Median age
- 38.2State: 40.9
- Median household income
- $49,107State: $77,971
- Median home value
- $150,800State: $254,500
- Median rent
- $783/moState: $1,209
- Homeowners
- 73%
- Bachelor's degree or higher
- 18.6%
- Average commute
- 22 min
Is Putnam a good place to live?
Pros: Home values 41% lower than the state median; an average commute of 22 minutes; unemployment of 5.2%; a poverty rate of 4.5%.
Cons: Median household income 37% lower than the Pennsylvania median.
The weather is best in June to September.
Cost of living in Putnam
Housing is the biggest part of the cost of living. In Putnam the median home value is $150,800, 55% lower than the U.S. median. Renters pay a median of $783 per month, which is 18.6% of household income. Homeowners with a mortgage pay $1,117 a month in housing costs.
Putnam median household income
The median household income in Putnam is $49,107 and the income per person is $26,115. 4.5% of residents live below the poverty line (Pennsylvania: 11.7%).
Housing in Putnam: homes for sale and rent
- Housing units
- 186
- Owner-occupied
- 73%
- Renter-occupied
- 27%
- Vacant
- 12.4%Includes seasonal homes
- Median year built
- 1956
- Average household size
- 2.29
Putnam demographics
- Population
- 374
- Median age
- 38.2
- Under 18
- 24.9%
- 65 and older
- 21.4%
- Households
- 163
- Foreign-born
- 0%
- Veterans
- 16.4%Adults 18+
Hispanic or Latino can be of any race. Population history of Putnam ›
Education in Putnam
18.6% of adults 25 and older in Putnam have a bachelor's degree or higher (Pennsylvania: 35.2%), and 9.9% have a graduate or professional degree.
Jobs and commute in Putnam
- Unemployment rate
- 5.2%State: 5.3%
- Average commute
- 22 minState: 26 min
- Work from home
- 2.5%
- Drive alone
- 85.9%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 82.2%
Putnam vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Putnam | 374 | $49,107 | $150,800 | $783 |
| Covington | 921 | $69,545 | $157,300 | $972 |
| Mansfield | 2,990 | $47,685 | $191,600 | $730 |
| Blossburg | 1,739 | $68,791 | $157,200 | $969 |
| Richmond | 2,029 | $71,667 | $221,200 | $983 |
| Hamilton | 756 | $65,250 | $100,900 | $1,083 |
| Arnot | 430 | $93,750 | $121,900 | $975 |
| Sullivan | 1,365 | $87,679 | $282,100 | $1,260 |
| Bloss | 456 | $95,104 | $125,800 | $900 |
More for people moving to Putnam
Putnam ZIP code ›Weather and climate ›Living in Putnam: FAQ
What is the median household income in Putnam, PA?
The median household income in Putnam is $49,107, 37% 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 Putnam?
The median home value in Putnam is $150,800, compared with $254,500 in Pennsylvania.
How much is rent in Putnam?
The median gross rent in Putnam is $783 per month, about 18.6% of household income.
Is Putnam, PA a good place to live?
Pluses: home values 41% lower than the state median; an average commute of 22 minutes; unemployment of 5.2%; a poverty rate of 4.5%. Minuses: median household income 37% lower than the Pennsylvania median.
What is the median age in Putnam?
The median age in Putnam is 38.2 years (Pennsylvania: 40.9).
How long is the commute in Putnam?
The average commute to work in Putnam is 22 minutes; 2.5% of workers work from home.
What is the unemployment rate in Putnam?
The unemployment rate in Putnam is 5.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Putnam?
18.6% of adults in Putnam 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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