Pennsylvania · Census place 23440
Elverson borough, PA
Quick answer
Elverson borough has 1,392 residents, ranking #828 of 2002 places in Pennsylvania. Median household income is $76,823, the median home is worth $347,100 and median gross rent runs $847 a month.
- Population
- 1,392Elverson borough residents
- Median household income
- $76,823Past 12 months, inflation adjusted
- Median home value
- $347,100Owner-occupied units
- Median gross rent
- $847Rent plus utilities, monthly
- Median age
- 46.9 yrsAll residents
- Homeownership rate
- 71.3%Owner-occupied households
What the numbers mean in Elverson borough
Housing cost measured against local earnings.
A household earning the Elverson borough median would spend about 13.2% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 4.5× the median household income; nationally that ratio sits near 4.5×. Poverty affects 8.4% of residents and 71.3% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Pennsylvania.
- Ambridge Heights CDP 1,394
- University of Pittsburgh Johnstown CDP 1,394
- Milroy CDP 1,393
- Big Bass Lake CDP 1,388
- Schwenksville borough 1,383
- Dalton borough 1,381
- Montgomery borough 1,379
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