New Freedom, PA
Population 5,003 · Pennsylvania
About New Freedom, PA
New Freedom is a small town located in Pennsylvania with a population of 5,003 residents according to the latest US Census Bureau American Community Survey data. The median household income is $109,894 per year, which is 46% above the national median of $75,149. The median age of 47.1 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 Freedom features a median home value of $344,100, which is 41% above the national median of $244,900. This positions New Freedom in a moderately priced market relative to the rest of the country. Median monthly rent is $1,519, 31% above the national average of $1,163/month. Of the 1,792 total housing units, 90% are owner-occupied (1,605 units) and 10% are renter-occupied (169 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in New Freedom shows an unemployment rate of 1.4%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 2.7%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in New Freedom have an average one-way commute time of 35.4 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
42.1% of New Freedom 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, 0.3% Hispanic or Latino, 0.7% Black or African American, and 2.3% Asian residents, with 3.0% of the population being foreign-born.
Cost of Living in New Freedom, PA
Compared to national averages, New Freedom has a median household income of $109,894 (46% above the national median of $75,149). Home values average $344,100, which is 41% above the national median. Monthly rent at $1,519 is 31% above the US average of $1,163. Within Pennsylvania, New Freedom's income is 50% above the state average of $73,376, and home values are 80% above the state median of $190,903.
Why Live in New Freedom, PA?
New Freedom offers a strong local economy with a median household income of $109,894, well above the national average, and a strong job market with an unemployment rate of just 1.4%, and a well-educated community where 42.1% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 2.7%, better than the national average.
New Freedom has a population of 5,003 with a median age of 47.1 years. Compare New Freedom with other cities to see how it stacks up, or explore all cities in Pennsylvania.
Similar Cities Near New Freedom
Cities in Pennsylvania with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Swoyersville | 5,014 | $67,558 | $137,000 | Compare |
| Manheim | 5,028 | $81,484 | $218,100 | Compare |
| Vandergrift | 5,028 | $50,351 | $91,500 | Compare |
| California | 5,046 | $49,500 | $142,600 | Compare |
| Turtle Creek | 5,046 | $44,449 | $85,900 | Compare |
| Duryea | 5,054 | $64,028 | $142,900 | Compare |
| Clarks Summit | 5,058 | $91,442 | $236,900 | Compare |
| Skyline View | 4,941 | $103,371 | $263,400 | 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 Freedom With Other Cities
Frequently Asked Questions about New Freedom
What is the population of New Freedom, PA?
The population of New Freedom, PA is 5,003 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 Freedom?
The median household income in New Freedom, PA is $109,894 per year, which is 46% above the national median of $75,149.
What is the median home value in New Freedom?
The median home value in New Freedom, PA is $344,100, which is 41% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in New Freedom?
The median monthly rent in New Freedom, PA is $1,519, which is 31% above the national average of $1,163/month.
What is the unemployment rate in New Freedom?
The unemployment rate in New Freedom, PA is 1.4%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is New Freedom, PA a good place to live?
New Freedom offers above-average incomes, a competitive housing market, and a strong job market. With a population of 5,003 and a median age of 47.1, the city appeals to established professionals and retirees.
How educated is New Freedom, PA?
42.1% of residents in New Freedom 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 New Freedom?
Key cost-of-living indicators for New Freedom, PA: median home value is $344,100 (41% above national), median rent is $1,519/month, and median household income is $109,894. The home-value-to-income ratio is 3.1x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in New Freedom?
The poverty rate in New Freedom, PA is 2.7%, 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 Freedom, PA?
New Freedom's population is 0.0% White, 0.3% Hispanic or Latino, 0.7% Black or African American, 2.3% Asian, and 0.0% two or more races. 3.0% of residents are foreign-born.