Eldred, PA
Population 538 · Pennsylvania
About Eldred, PA
Eldred is a small community located in Pennsylvania with a population of 538 residents according to the latest US Census Bureau American Community Survey data. The median household income is $45,278 per year, which is 40% below the national median of $75,149. The median age of 51.7 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Eldred features a median home value of $113,700, which is 54% below the national median of $244,900. This makes Eldred one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $491, 58% below the national average of $1,163/month. Of the 343 total housing units, 74% are owner-occupied (201 units) and 26% are renter-occupied (71 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Eldred shows an unemployment rate of 17.9%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 14.1%, above the national average of 12.4%. Workers in Eldred have an average one-way commute time of 26.6 minutes.
Education & Demographics
14.6% of Eldred residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.0% White, 0.6% Hispanic or Latino, 0.0% Black or African American, and 1.7% Asian residents, with 1.7% of the population being foreign-born.
How Eldred Ranks in Pennsylvania
Cost of Living in Eldred, PA
Compared to national averages, Eldred has a median household income of $45,278 (40% below the national median of $75,149). Home values average $113,700, which is 54% below the national median. Monthly rent at $491 is 58% below the US average of $1,163. Within Pennsylvania, Eldred's income is 38% below the state average of $73,376, and home values are 40% below the state median of $190,903.
Why Live in Eldred, PA?
Eldred offers affordable housing with a median home value of $113,700, below the US average of $244,900, and rent that’s lower than the national average at $491/month.
Potential considerations include median household income ($45,278) that falls below the national average. However, Eldred’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Eldred has a population of 538 with a median age of 51.7 years. Compare Eldred with other cities to see how it stacks up, or explore all cities in Pennsylvania.
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Demographics
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Economy & Education
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Other Cities in Pennsylvania
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Eldred
What is the population of Eldred, PA?
The population of Eldred, PA is 538 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Pennsylvania.
What is the median household income in Eldred?
The median household income in Eldred, PA is $45,278 per year, which is 40% below the national median of $75,149.
What is the median home value in Eldred?
The median home value in Eldred, PA is $113,700, which is 54% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Eldred?
The median monthly rent in Eldred, PA is $491, which is 58% below the national average of $1,163/month.
What is the unemployment rate in Eldred?
The unemployment rate in Eldred, PA is 17.9%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Eldred, PA a good place to live?
Eldred offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 538 and a median age of 51.7, the city appeals to established professionals and retirees.
How educated is Eldred, PA?
14.6% of residents in Eldred aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Eldred?
Key cost-of-living indicators for Eldred, PA: median home value is $113,700 (54% below national), median rent is $491/month, and median household income is $45,278. The home-value-to-income ratio is 2.5x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Eldred?
The poverty rate in Eldred, PA is 14.1%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Eldred, PA?
Eldred's population is 0.0% White, 0.6% Hispanic or Latino, 0.0% Black or African American, 1.7% Asian, and 0.0% two or more races. 1.7% of residents are foreign-born.