Living in Towanda, Pennsylvania
Cost of living, income, home prices, rent and demographics of Towanda · Census data 2020–2024
Towanda has 2,791 residents with a median age of 37.7. The median household income is $60,888 (22% lower than the Pennsylvania median), the median home value is $166,900, the median rent is $996/month.
Towanda at a glance
- Population
- 2,791
- Median age
- 37.7State: 40.9
- Median household income
- $60,888State: $77,971
- Median home value
- $166,900State: $254,500
- Median rent
- $996/moState: $1,209
- Homeowners
- 53.4%
- Bachelor's degree or higher
- 23.8%
- Average commute
- 20 min
Is Towanda a good place to live?
Pros: Home values 34% lower than the state median; an average commute of 20 minutes; unemployment of 4.9%.
Cons: Median household income 22% lower than the Pennsylvania median; a poverty rate of 12.6%.
The weather is best in May–June and August–September.
Cost of living in Towanda
Housing is the biggest part of the cost of living. In Towanda the median home value is $166,900, 50% lower than the U.S. median. Renters pay a median of $996 per month, which is 31.3% of household income. Homeowners with a mortgage pay $1,332 a month in housing costs.
Towanda median household income
The median household income in Towanda is $60,888 and the income per person is $31,628. 12.6% of residents live below the poverty line (Pennsylvania: 11.7%).
Housing in Towanda: homes for sale and rent
- Housing units
- 1,575
- Owner-occupied
- 53.4%
- Renter-occupied
- 46.6%
- Vacant
- 20.4%Includes seasonal homes
- Median year built
- 1938
- Average household size
- 2.20
Towanda demographics
- Population
- 2,791
- Median age
- 37.7
- Under 18
- 21.4%
- 65 and older
- 19%
- Households
- 1,253
- Foreign-born
- 3%
- Veterans
- 5.9%Adults 18+
Hispanic or Latino can be of any race. Population history of Towanda ›
Education in Towanda
23.8% of adults 25 and older in Towanda have a bachelor's degree or higher (Pennsylvania: 35.2%), and 10.7% have a graduate or professional degree.
Jobs and commute in Towanda
- Unemployment rate
- 4.9%State: 5.3%
- Average commute
- 20 minState: 26 min
- Work from home
- 3.2%
- Drive alone
- 75.4%
- Public transit
- 0%
- Walk to work
- 5%
- Homes with broadband
- 86%
Towanda vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Towanda | 2,791 | $60,888 | $166,900 | $996 |
| North Towanda | 983 | $28,906 | $172,700 | $571 |
| Monroe | 621 | $53,947 | $174,000 | $854 |
| Wysox | 1,397 | $60,357 | $184,300 | $755 |
| Asylum | 911 | $73,382 | $196,900 | $1,102 |
| Standing Stone | 771 | $87,292 | $218,500 | $964 |
| Sheshequin | 1,256 | $62,321 | $212,900 | $1,075 |
| Ulster | 1,051 | $76,250 | $173,700 | $854 |
| Rome | 547 | $55,000 | $150,000 | $942 |
More for people moving to Towanda
Towanda ZIP code ›Weather and climate ›Living in Towanda: FAQ
What is the median household income in Towanda, PA?
The median household income in Towanda is $60,888, 22% 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 Towanda?
The median home value in Towanda is $166,900, compared with $254,500 in Pennsylvania.
How much is rent in Towanda?
The median gross rent in Towanda is $996 per month, about 31.3% of household income.
Is Towanda, PA a good place to live?
Pluses: home values 34% lower than the state median; an average commute of 20 minutes; unemployment of 4.9%. Minuses: median household income 22% lower than the Pennsylvania median; a poverty rate of 12.6%.
What is the median age in Towanda?
The median age in Towanda is 37.7 years (Pennsylvania: 40.9).
How long is the commute in Towanda?
The average commute to work in Towanda is 20 minutes; 3.2% of workers work from home.
What is the unemployment rate in Towanda?
The unemployment rate in Towanda is 4.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Towanda?
23.8% of adults in Towanda 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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