Pennsylvania · Census place 35488
Homewood borough, PA
Quick answer
Homewood borough has 93 residents, ranking #1895 of 2002 places in Pennsylvania. Median household income is $61,667, the median home is worth $112,500 and median gross rent runs $927 a month.
- Population
- 93Homewood borough residents
- Median household income
- $61,667Past 12 months, inflation adjusted
- Median home value
- $112,500Owner-occupied units
- Median gross rent
- $927Rent plus utilities, monthly
- Median age
- 44.1 yrsAll residents
- Homeownership rate
- 63.6%Owner-occupied households
What the numbers mean in Homewood borough
Housing cost measured against local earnings.
A household earning the Homewood borough median would spend about 18% 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 1.8× the median household income; nationally that ratio sits near 4.5×. Poverty affects 11.8% of residents and 63.6% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
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