Masthope, PA
Population 704 · Pennsylvania
About Masthope, PA
Masthope is a small community located in Pennsylvania with a population of 704 residents according to the latest US Census Bureau American Community Survey data. The median household income is $97,723 per year, which is 30% above the national median of $75,149. The median age of 66.2 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 Masthope features a median home value of $328,800, which is 34% above the national median of $244,900. This positions Masthope in a moderately priced market relative to the rest of the country. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 1,394 total housing units, 100% are owner-occupied (330 units) and 0% are renter-occupied (0 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Masthope shows an unemployment rate of 5.9%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 20.3%, above the national average of 12.4%. Workers in Masthope have an average one-way commute time of 46.5 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
44.7% of Masthope residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 0.0% White, 1.3% Hispanic or Latino, 1.7% Black or African American, and 0.4% Asian residents, with 9.5% of the population being foreign-born.
Cost of Living in Masthope, PA
Compared to national averages, Masthope has a median household income of $97,723 (30% above the national median of $75,149). Home values average $328,800, which is 34% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Pennsylvania, Masthope's income is 33% above the state average of $73,376, and home values are 72% above the state median of $190,903.
Why Live in Masthope, PA?
Masthope offers a strong local economy with a median household income of $97,723, well above the national average, and rent that’s lower than the national average at $0/month, and a well-educated community where 44.7% of residents hold a bachelor’s degree or higher.
Masthope has a population of 704 with a median age of 66.2 years. Compare Masthope with other cities to see how it stacks up, or explore all cities in Pennsylvania.
Similar Cities Near Masthope
Cities in Pennsylvania with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Blooming Glen | 704 | $114,112 | $311,700 | Compare |
| Saltsburg | 703 | $63,750 | $159,700 | Compare |
| Wheatland | 703 | $43,625 | $64,600 | Compare |
| Aaronsburg CDP (Centre County), Pennsylvania | 706 | $85,063 | $266,700 | Compare |
| Avella | 702 | $63,636 | $134,700 | Compare |
| Scalp Level | 702 | $46,813 | $68,700 | Compare |
| Millerstown | 701 | $90,921 | $198,000 | Compare |
| Jamestown | 709 | $44,821 | $86,900 | 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 Masthope With Other Cities
Frequently Asked Questions about Masthope
What is the population of Masthope, PA?
The population of Masthope, PA is 704 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 Masthope?
The median household income in Masthope, PA is $97,723 per year, which is 30% above the national median of $75,149.
What is the median home value in Masthope?
The median home value in Masthope, PA is $328,800, which is 34% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Masthope?
The median monthly rent in Masthope, PA is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Masthope?
The unemployment rate in Masthope, PA is 5.9%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Masthope, PA a good place to live?
Masthope offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 704 and a median age of 66.2, the city appeals to established professionals and retirees.
How educated is Masthope, PA?
44.7% of residents in Masthope 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 Masthope?
Key cost-of-living indicators for Masthope, PA: median home value is $328,800 (34% above national), median rent is $0/month, and median household income is $97,723. The home-value-to-income ratio is 3.4x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Masthope?
The poverty rate in Masthope, PA is 20.3%, 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 Masthope, PA?
Masthope's population is 0.0% White, 1.3% Hispanic or Latino, 1.7% Black or African American, 0.4% Asian, and 0.0% two or more races. 9.5% of residents are foreign-born.