New Beaver, PA
Population 1,377 · Pennsylvania
About New Beaver, PA
New Beaver is a small town located in Pennsylvania with a population of 1,377 residents according to the latest US Census Bureau American Community Survey data. The median household income is $61,364 per year, which is 18% below the national median of $75,149. The median age of 47.7 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 New Beaver features a median home value of $130,600, which is 47% below the national median of $244,900. This makes New Beaver one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $734, 37% below the national average of $1,163/month. Of the 653 total housing units, 82% are owner-occupied (515 units) and 18% are renter-occupied (113 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in New Beaver shows an unemployment rate of 4.8%, which is near the national rate of 3.7%. The poverty rate stands at 8.1%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in New Beaver have an average one-way commute time of 28.9 minutes.
Education & Demographics
13.4% of New Beaver 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, 0.1% Black or African American, and 0.0% Asian residents, with 1.2% of the population being foreign-born.
Cost of Living in New Beaver, PA
Compared to national averages, New Beaver has a median household income of $61,364 (18% below the national median of $75,149). Home values average $130,600, which is 47% below the national median. Monthly rent at $734 is 37% below the US average of $1,163. Within Pennsylvania, New Beaver's income is 16% below the state average of $73,376, and home values are 32% below the state median of $190,903.
Why Live in New Beaver, PA?
New Beaver offers affordable housing with a median home value of $130,600, below the US average of $244,900, and rent that’s lower than the national average at $734/month, and a low poverty rate of 8.1%, better than the national average.
Potential considerations include median household income ($61,364) that falls below the national average. However, New Beaver’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
New Beaver has a population of 1,377 with a median age of 47.7 years. Compare New Beaver with other cities to see how it stacks up, or explore all cities in Pennsylvania.
Similar Cities Near New Beaver
Cities in Pennsylvania with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Burgettstown | 1,376 | $58,000 | $140,800 | Compare |
| Elizabeth | 1,378 | $45,278 | $109,800 | Compare |
| Montgomery | 1,379 | $56,490 | $126,200 | Compare |
| Factoryville | 1,374 | $51,635 | $187,500 | Compare |
| Dalton | 1,381 | $91,667 | $247,900 | Compare |
| Troy | 1,373 | $49,583 | $148,600 | Compare |
| Schwenksville | 1,383 | $70,833 | $237,000 | Compare |
| Loretto | 1,370 | $61,591 | $187,500 | 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 New Beaver With Other Cities
Frequently Asked Questions about New Beaver
What is the population of New Beaver, PA?
The population of New Beaver, PA is 1,377 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 New Beaver?
The median household income in New Beaver, PA is $61,364 per year, which is 18% below the national median of $75,149.
What is the median home value in New Beaver?
The median home value in New Beaver, PA is $130,600, which is 47% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in New Beaver?
The median monthly rent in New Beaver, PA is $734, which is 37% below the national average of $1,163/month.
What is the unemployment rate in New Beaver?
The unemployment rate in New Beaver, PA is 4.8%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is New Beaver, PA a good place to live?
New Beaver offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 1,377 and a median age of 47.7, the city appeals to established professionals and retirees.
How educated is New Beaver, PA?
13.4% of residents in New Beaver 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 New Beaver?
Key cost-of-living indicators for New Beaver, PA: median home value is $130,600 (47% below national), median rent is $734/month, and median household income is $61,364. The home-value-to-income ratio is 2.1x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in New Beaver?
The poverty rate in New Beaver, PA is 8.1%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is New Beaver, PA?
New Beaver's population is 0.0% White, 0.6% Hispanic or Latino, 0.1% Black or African American, 0.0% Asian, and 0.4% two or more races. 1.2% of residents are foreign-born.