Fairchance, PA
Population 1,429 · Pennsylvania
About Fairchance, PA
Fairchance is a small town located in Pennsylvania with a population of 1,429 residents according to the latest US Census Bureau American Community Survey data. The median household income is $38,427 per year, which is 49% below the national median of $75,149. The median age of 49.2 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 Fairchance features a median home value of $159,000, which is 35% below the national median of $244,900. This positions Fairchance in a moderately priced market relative to the rest of the country. Median monthly rent is $707, 39% below the national average of $1,163/month. Of the 850 total housing units, 56% are owner-occupied (410 units) and 44% are renter-occupied (327 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Fairchance shows an unemployment rate of 6.9%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 28.7%, above the national average of 12.4%. Workers in Fairchance have an average one-way commute time of 26.4 minutes.
Education & Demographics
15.8% of Fairchance 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, 2.2% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Fairchance, PA
Compared to national averages, Fairchance has a median household income of $38,427 (49% below the national median of $75,149). Home values average $159,000, which is 35% below the national median. Monthly rent at $707 is 39% below the US average of $1,163. Within Pennsylvania, Fairchance's income is 48% below the state average of $73,376, and home values are 17% below the state median of $190,903.
Why Live in Fairchance, PA?
Fairchance offers affordable housing with a median home value of $159,000, below the US average of $244,900, and rent that’s lower than the national average at $707/month.
Potential considerations include median household income ($38,427) that falls below the national average. However, Fairchance’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Fairchance has a population of 1,429 with a median age of 49.2 years. Compare Fairchance with other cities to see how it stacks up, or explore all cities in Pennsylvania.
Similar Cities Near Fairchance
Cities in Pennsylvania with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Montrose | 1,427 | $56,484 | $160,000 | Compare |
| Hometown | 1,426 | $88,333 | $216,100 | Compare |
| Westwood CDP (Chester County), Pennsylvania | 1,432 | $79,953 | $0 | Compare |
| Glendale | 1,420 | $80,585 | $133,200 | Compare |
| Highland Park | 1,417 | $64,044 | $182,000 | Compare |
| Queens Gate | 1,441 | $45,378 | $229,800 | Compare |
| Woxall | 1,417 | $132,361 | $411,800 | Compare |
| Boswell | 1,413 | $48,500 | $86,300 | 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 Fairchance With Other Cities
Frequently Asked Questions about Fairchance
What is the population of Fairchance, PA?
The population of Fairchance, PA is 1,429 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 Fairchance?
The median household income in Fairchance, PA is $38,427 per year, which is 49% below the national median of $75,149.
What is the median home value in Fairchance?
The median home value in Fairchance, PA is $159,000, which is 35% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Fairchance?
The median monthly rent in Fairchance, PA is $707, which is 39% below the national average of $1,163/month.
What is the unemployment rate in Fairchance?
The unemployment rate in Fairchance, PA is 6.9%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Fairchance, PA a good place to live?
Fairchance offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 1,429 and a median age of 49.2, the city appeals to established professionals and retirees.
How educated is Fairchance, PA?
15.8% of residents in Fairchance 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 Fairchance?
Key cost-of-living indicators for Fairchance, PA: median home value is $159,000 (35% below national), median rent is $707/month, and median household income is $38,427. The home-value-to-income ratio is 4.1x, a moderate figure by national standards.
What is the poverty rate in Fairchance?
The poverty rate in Fairchance, PA is 28.7%, 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 Fairchance, PA?
Fairchance's population is 0.0% White, 2.2% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.7% two or more races. 0.0% of residents are foreign-born.