Pennsylvania · Census place 24536
Fairchance borough, PA
Quick answer
Fairchance borough has 1,429 residents, ranking #810 of 2002 places in Pennsylvania. Median household income is $38,427, the median home is worth $159,000 and median gross rent runs $707 a month.
- Population
- 1,429Fairchance borough residents
- Median household income
- $38,427Past 12 months, inflation adjusted
- Median home value
- $159,000Owner-occupied units
- Median gross rent
- $707Rent plus utilities, monthly
- Median age
- 49.2 yrsAll residents
- Homeownership rate
- 55.6%Owner-occupied households
What the numbers mean in Fairchance borough
Housing cost measured against local earnings.
A household earning the Fairchance borough median would spend about 22.1% 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 4.1× the median household income; nationally that ratio sits near 4.5×. Poverty affects 28.7% of residents and 55.6% 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.
- Woodland Heights CDP 1,446
- Queens Gate CDP 1,441
- Westwood CDP (Chester County) 1,432
- Montrose borough 1,427
- Hometown CDP 1,426
- Glendale CDP 1,420
- Highland Park CDP 1,417
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