Cheltenham Village, PA
Population 2,033 · Pennsylvania
About Cheltenham Village, PA
Cheltenham Village is a small town located in Pennsylvania with a population of 2,033 residents according to the latest US Census Bureau American Community Survey data. The median household income is $89,018 per year, which is 18% above the national median of $75,149. The median age of 34.6 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Cheltenham Village features a median home value of $278,400, which is 14% above the national median of $244,900. This positions Cheltenham Village in a moderately priced market relative to the rest of the country. Median monthly rent is $1,120, 4% below the national average of $1,163/month. Of the 809 total housing units, 64% are owner-occupied (492 units) and 36% are renter-occupied (273 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Cheltenham Village shows an unemployment rate of 5.3%, which is near the national rate of 3.7%. The poverty rate stands at 4.8%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Cheltenham Village have an average one-way commute time of 29 minutes.
Education & Demographics
35.8% of Cheltenham Village residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 0.0% White, 0.4% Hispanic or Latino, 4.7% Black or African American, and 0.0% Asian residents, with 4.0% of the population being foreign-born.
Cost of Living in Cheltenham Village, PA
Compared to national averages, Cheltenham Village has a median household income of $89,018 (18% above the national median of $75,149). Home values average $278,400, which is 14% above the national median. Monthly rent at $1,120 is 4% below the US average of $1,163. Within Pennsylvania, Cheltenham Village's income is 21% above the state average of $73,376, and home values are 46% above the state median of $190,903.
Why Live in Cheltenham Village, PA?
Cheltenham Village offers a strong local economy with a median household income of $89,018, well above the national average, and rent that’s lower than the national average at $1,120/month, and a well-educated community where 35.8% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 4.8%, better than the national average.
Cheltenham Village has a population of 2,033 with a median age of 34.6 years. Compare Cheltenham Village with other cities to see how it stacks up, or explore all cities in Pennsylvania.
Similar Cities Near Cheltenham Village
Cities in Pennsylvania with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Towamensing Trails | 2,032 | $83,196 | $227,900 | Compare |
| Jermyn | 2,026 | $59,133 | $185,900 | Compare |
| Grill | 2,042 | $139,006 | $263,100 | Compare |
| Brockway | 2,044 | $54,293 | $125,200 | Compare |
| Tyler Run | 2,046 | $68,783 | $215,200 | Compare |
| Leechburg | 2,052 | $54,886 | $94,300 | Compare |
| Meyersdale | 2,058 | $64,545 | $101,300 | Compare |
| Emporium | 2,005 | $36,167 | $70,800 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Pennsylvania
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Cheltenham Village With Other Cities
Frequently Asked Questions about Cheltenham Village
What is the population of Cheltenham Village, PA?
The population of Cheltenham Village, PA is 2,033 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Pennsylvania.
What is the median household income in Cheltenham Village?
The median household income in Cheltenham Village, PA is $89,018 per year, which is 18% above the national median of $75,149.
What is the median home value in Cheltenham Village?
The median home value in Cheltenham Village, PA is $278,400, which is 14% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Cheltenham Village?
The median monthly rent in Cheltenham Village, PA is $1,120, which is 4% below the national average of $1,163/month.
What is the unemployment rate in Cheltenham Village?
The unemployment rate in Cheltenham Village, PA is 5.3%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Cheltenham Village, PA a good place to live?
Cheltenham Village offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 2,033 and a median age of 34.6, the city appeals to young professionals and families.
How educated is Cheltenham Village, PA?
35.8% of residents in Cheltenham Village aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Cheltenham Village?
Key cost-of-living indicators for Cheltenham Village, PA: median home value is $278,400 (14% above national), median rent is $1,120/month, and median household income is $89,018. The home-value-to-income ratio is 3.1x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Cheltenham Village?
The poverty rate in Cheltenham Village, PA is 4.8%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Cheltenham Village, PA?
Cheltenham Village's population is 0.0% White, 0.4% Hispanic or Latino, 4.7% Black or African American, 0.0% Asian, and 24.0% two or more races. 4.0% of residents are foreign-born.