Living in Richboro, Pennsylvania

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

Richboro has 6,963 residents with a median age of 52.5. The median household income is $159,007 (104% higher than the Pennsylvania median), the median home value is $559,700, the median rent is $2,025/month.

Richboro at a glance

Population
6,963
Median age
52.5State: 40.9
Median household income
$159,007State: $77,971
Median home value
$559,700State: $254,500
Median rent
$2,025/moState: $1,209
Homeowners
97.9%
Bachelor's degree or higher
60.3%
Average commute
27 min

Is Richboro a good place to live?

Pros: Median household income 104% higher than the Pennsylvania median; unemployment of 1.2%; a poverty rate of 0.8%.

Cons: Home values 120% higher than the state median; an average commute of 27 minutes.

The weather is best in June to September.

Cost of living in Richboro

Housing is the biggest part of the cost of living. In Richboro the median home value is $559,700, 68% higher than the U.S. median. Renters pay a median of $2,025 per month, which is 18.4% of household income. Homeowners with a mortgage pay $2,896 a month in housing costs.

Median home value

Richboro$559,700
Pennsylvania$254,500
United States$332,700

Median monthly rent

Richboro$2,025
Pennsylvania$1,209
United States$1,413

Richboro median household income

The median household income in Richboro is $159,007 and the income per person is $73,476. 0.8% of residents live below the poverty line (Pennsylvania: 11.7%).

Median household income

Richboro$159,007
Pennsylvania$77,971
United States$80,734

Housing in Richboro: homes for sale and rent

Housing units
2,595
Owner-occupied
97.9%
Renter-occupied
2.1%
Vacant
1.7%Includes seasonal homes
Median year built
1976
Average household size
2.68

Richboro demographics

Population
6,963
Median age
52.5
Under 18
20.3%
65 and older
28.5%
Households
2,551
Foreign-born
8.3%
Veterans
6.2%Adults 18+

Race and ethnicity

White82.5%
Hispanic or Latino2.3%
Black0%
Asian5.2%

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

Education in Richboro

60.3% of adults 25 and older in Richboro have a bachelor's degree or higher (Pennsylvania: 35.2%), and 25.9% have a graduate or professional degree.

Bachelor's degree or higher

Richboro60.3%
Pennsylvania35.2%
United States35.7%

Jobs and commute in Richboro

Unemployment rate
1.2%State: 5.3%
Average commute
27 minState: 26 min
Work from home
17.6%
Drive alone
77.5%
Public transit
2.3%
Walk to work
0%
Homes with broadband
97%

Richboro vs nearby towns

TownPopulationMedian incomeHome valueRent
Richboro6,963$159,007$559,700$2,025
Northampton39,920$158,583$599,100$2,108
Village Shires3,503$132,188$515,100$1,962
Churchville6,084$192,519$657,000—
Newtown2,224$166,429$783,400$1,887
Newtown Grant6,193$168,750$583,600$2,479
Wrightstown3,283$188,553$717,400—
Upper Southampton15,209$105,444$439,200$1,768
Ivyland914$149,375$529,000$2,308

More for people moving to Richboro

Richboro ZIP code ›Weather and climate ›

Living in Richboro: FAQ

What is the median household income in Richboro, PA?

The median household income in Richboro is $159,007, 104% 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 Richboro?

The median home value in Richboro is $559,700, compared with $254,500 in Pennsylvania.

How much is rent in Richboro?

The median gross rent in Richboro is $2,025 per month, about 18.4% of household income.

Is Richboro, PA a good place to live?

Pluses: median household income 104% higher than the Pennsylvania median; unemployment of 1.2%; a poverty rate of 0.8%. Minuses: home values 120% higher than the state median; an average commute of 27 minutes.

What is the median age in Richboro?

The median age in Richboro is 52.5 years (Pennsylvania: 40.9).

How long is the commute in Richboro?

The average commute to work in Richboro is 27 minutes; 17.6% of workers work from home.

What is the unemployment rate in Richboro?

The unemployment rate in Richboro is 1.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Richboro?

60.3% of adults in Richboro 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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