Penn Farms, PA
Population 2,342 · Pennsylvania
About Penn Farms, PA
Penn Farms is a small community in Pennsylvania with a population of 2,342 residents. The median household income is $105,536 per year, which is above the national average. The median age in Penn Farms is 37.1 years.
Housing in Penn Farms has a median home value of $329,200 and median monthly rent of $1,118. Of the 890 total housing units, the majority are owner-occupied, with 662 owner-occupied and 228 renter-occupied units.
The unemployment rate in Penn Farms is 0.0% and the poverty rate is 4.3%. 56.8% of residents hold a bachelor's degree or higher. The average commute time is 20.3 minutes.
Cost of Living in Penn Farms, PA
Compared to national averages, Penn Farms has a median household income of $105,536 (40% above the national median of $75,149). Home values average $329,200, which is 34% above the national median. Monthly rent at $1,118 is 4% below the US average of $1,163. Within Pennsylvania, Penn Farms's income is 44% above the state average of $73,376, and home values are 72% above the state median of $190,903.
Why Live in Penn Farms, PA?
Penn Farms offers a strong local economy with a median household income of $105,536, well above the national average, and rent that’s lower than the national average at $1,118/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a well-educated community where 56.8% of residents hold a bachelor’s degree or higher, and a low poverty rate of 4.3%, better than the national average, and short commute times averaging just 20.3 minutes.
Penn Farms has a population of 2,342 with a median age of 37.1 years. Compare Penn Farms with other cities to see how it stacks up, or explore all cities in Pennsylvania.
Similar Cities Near Penn Farms
Cities in Pennsylvania with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Bentleyville | 2,343 | $56,179 | $135,900 | Compare |
| The Hideout | 2,339 | $56,901 | $186,800 | Compare |
| Cetronia | 2,338 | $87,617 | $291,300 | Compare |
| Loop | 2,346 | $97,396 | $258,200 | Compare |
| Toftrees | 2,348 | $73,724 | $397,300 | Compare |
| Mount Union | 2,349 | $38,947 | $99,000 | Compare |
| Temple | 2,335 | $71,773 | $161,400 | Compare |
| Mount Holly Springs | 2,333 | $68,388 | $161,400 | 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.
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Frequently Asked Questions about Penn Farms
What is the population of Penn Farms, PA?
The population of Penn Farms, PA is 2,342 according to the latest Census data.
What is the median household income in Penn Farms?
The median household income in Penn Farms, PA is $105,536 per year.
What is the median home value in Penn Farms?
The median home value in Penn Farms, PA is $329,200.
What is the average rent in Penn Farms?
The median monthly rent in Penn Farms, PA is $1,118.
What is the unemployment rate in Penn Farms?
The unemployment rate in Penn Farms, PA is 0.0%.