Pennsylvania · Census place 58872
Penn borough, PA
Quick answer
Penn borough has 695 residents, ranking #1175 of 2002 places in Pennsylvania. Median household income is $70,833, the median home is worth $101,200 and median gross rent runs $800 a month.
- Population
- 695Penn borough residents
- Median household income
- $70,833Past 12 months, inflation adjusted
- Median home value
- $101,200Owner-occupied units
- Median gross rent
- $800Rent plus utilities, monthly
- Median age
- 25.4 yrsAll residents
- Homeownership rate
- 72.3%Owner-occupied households
What the numbers mean in Penn borough
Housing cost measured against local earnings.
A household earning the Penn borough median would spend about 13.6% 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 1.4× the median household income; nationally that ratio sits near 4.5×. Poverty affects 8.1% of residents and 72.3% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
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