Waymart, PA
Population 1,198 · Pennsylvania
About Waymart, PA
Waymart is a small town located in Pennsylvania with a population of 1,198 residents according to the latest US Census Bureau American Community Survey data. The median household income is $54,318 per year, which is 28% below the national median of $75,149. The median age of 37.8 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Waymart features a median home value of $187,300, which is 24% below the national median of $244,900. This positions Waymart in a moderately priced market relative to the rest of the country. Median monthly rent is $700, 40% below the national average of $1,163/month. Of the 507 total housing units, 57% are owner-occupied (257 units) and 43% are renter-occupied (197 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Waymart shows an unemployment rate of 4.6%, which is near the national rate of 3.7%. The poverty rate stands at 14.2%, above the national average of 12.4%. Workers in Waymart have an average one-way commute time of 24.3 minutes.
Education & Demographics
12.4% of Waymart 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 5.1% White, 0.6% Hispanic or Latino, 0.0% Black or African American, and 1.8% Asian residents, with 1.8% of the population being foreign-born.
Cost of Living in Waymart, PA
Compared to national averages, Waymart has a median household income of $54,318 (28% below the national median of $75,149). Home values average $187,300, which is 24% below the national median. Monthly rent at $700 is 40% below the US average of $1,163. Within Pennsylvania, Waymart's income is 26% below the state average of $73,376, and home values are 2% below the state median of $190,903.
Why Live in Waymart, PA?
Waymart offers affordable housing with a median home value of $187,300, below the US average of $244,900, and rent that’s lower than the national average at $700/month, and short commute times averaging just 24.3 minutes.
Potential considerations include median household income ($54,318) that falls below the national average. However, Waymart’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Waymart has a population of 1,198 with a median age of 37.8 years. Compare Waymart with other cities to see how it stacks up, or explore all cities in Pennsylvania.
Similar Cities Near Waymart
Cities in Pennsylvania with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| South Uniontown | 1,201 | $73,807 | $146,100 | Compare |
| Biglerville | 1,194 | $51,000 | $212,800 | Compare |
| Cochranton | 1,193 | $58,864 | $137,500 | Compare |
| Bradford Woods | 1,204 | $161,111 | $500,000 | Compare |
| East Bangor | 1,192 | $72,500 | $181,800 | Compare |
| Pocono Ranch Lands | 1,192 | $85,781 | $192,900 | Compare |
| Mifflinville | 1,191 | $50,735 | $216,100 | Compare |
| Rose Valley | 1,190 | $218,750 | $694,200 | 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 Waymart With Other Cities
Frequently Asked Questions about Waymart
What is the population of Waymart, PA?
The population of Waymart, PA is 1,198 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 Waymart?
The median household income in Waymart, PA is $54,318 per year, which is 28% below the national median of $75,149.
What is the median home value in Waymart?
The median home value in Waymart, PA is $187,300, which is 24% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Waymart?
The median monthly rent in Waymart, PA is $700, which is 40% below the national average of $1,163/month.
What is the unemployment rate in Waymart?
The unemployment rate in Waymart, PA is 4.6%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Waymart, PA a good place to live?
Waymart offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 1,198 and a median age of 37.8, the city appeals to a broad range of residents.
How educated is Waymart, PA?
12.4% of residents in Waymart 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 Waymart?
Key cost-of-living indicators for Waymart, PA: median home value is $187,300 (24% below national), median rent is $700/month, and median household income is $54,318. The home-value-to-income ratio is 3.4x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Waymart?
The poverty rate in Waymart, PA is 14.2%, 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 Waymart, PA?
Waymart's population is 5.1% White, 0.6% Hispanic or Latino, 0.0% Black or African American, 1.8% Asian, and 3.2% two or more races. 1.8% of residents are foreign-born.