Penn Estates, PA
Population 3,691 · Pennsylvania
About Penn Estates, PA
Penn Estates is a small town located in Pennsylvania with a population of 3,691 residents according to the latest US Census Bureau American Community Survey data. The median household income is $91,080 per year, which is 21% above the national median of $75,149. The median age of 41.1 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Penn Estates features a median home value of $233,200, which is 5% below the national median of $244,900. This positions Penn Estates in a moderately priced market relative to the rest of the country. Median monthly rent is $2,188, 88% above the national average of $1,163/month. Of the 1,786 total housing units, 96% are owner-occupied (1,102 units) and 4% are renter-occupied (45 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Penn Estates shows an unemployment rate of 4.3%, which is near the national rate of 3.7%. The poverty rate stands at 24.0%, above the national average of 12.4%. Workers in Penn Estates have an average one-way commute time of 52.3 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
27.7% of Penn Estates 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 1.5% White, 1.0% Hispanic or Latino, 20.2% Black or African American, and 12.7% Asian residents, with 13.6% of the population being foreign-born.
Cost of Living in Penn Estates, PA
Compared to national averages, Penn Estates has a median household income of $91,080 (21% above the national median of $75,149). Home values average $233,200, which is 5% below the national median. Monthly rent at $2,188 is 88% above the US average of $1,163. Within Pennsylvania, Penn Estates's income is 24% above the state average of $73,376, and home values are 22% above the state median of $190,903.
Why Live in Penn Estates, PA?
Penn Estates offers a strong local economy with a median household income of $91,080, well above the national average, and affordable housing with a median home value of $233,200, below the US average of $244,900.
Penn Estates has a population of 3,691 with a median age of 41.1 years. Compare Penn Estates with other cities to see how it stacks up, or explore all cities in Pennsylvania.
Similar Cities Near Penn Estates
Cities in Pennsylvania with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Guilford | 3,673 | $121,112 | $270,800 | Compare |
| Trevose | 3,709 | $83,108 | $345,300 | Compare |
| Eastlawn Gardens | 3,671 | $114,205 | $355,700 | Compare |
| Hemlock Farms | 3,671 | $83,293 | $292,300 | Compare |
| Stonybrook | 3,662 | $113,789 | $325,100 | Compare |
| Rosemont | 3,722 | $85,913 | $675,100 | Compare |
| Riverview Park | 3,647 | $111,000 | $248,100 | Compare |
| Stowe | 3,645 | $79,875 | $198,300 | 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 Penn Estates With Other Cities
Frequently Asked Questions about Penn Estates
What is the population of Penn Estates, PA?
The population of Penn Estates, PA is 3,691 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 Penn Estates?
The median household income in Penn Estates, PA is $91,080 per year, which is 21% above the national median of $75,149.
What is the median home value in Penn Estates?
The median home value in Penn Estates, PA is $233,200, which is 5% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Penn Estates?
The median monthly rent in Penn Estates, PA is $2,188, which is 88% above the national average of $1,163/month.
What is the unemployment rate in Penn Estates?
The unemployment rate in Penn Estates, PA is 4.3%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Penn Estates, PA a good place to live?
Penn Estates offers above-average incomes, affordable housing, and growing employment opportunities. With a population of 3,691 and a median age of 41.1, the city appeals to a broad range of residents.
How educated is Penn Estates, PA?
27.7% of residents in Penn Estates 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 Penn Estates?
Key cost-of-living indicators for Penn Estates, PA: median home value is $233,200 (5% below national), median rent is $2,188/month, and median household income is $91,080. The home-value-to-income ratio is 2.6x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Penn Estates?
The poverty rate in Penn Estates, PA is 24.0%, 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 Penn Estates, PA?
Penn Estates's population is 1.5% White, 1.0% Hispanic or Latino, 20.2% Black or African American, 12.7% Asian, and 22.9% two or more races. 13.6% of residents are foreign-born.