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Penn Farms, Pennsylvania Demographics & Population 2026

During the 2020–2024 ACS period, Penn Farms, Pennsylvania had a total population of 2,508, the 565th largest community in Pennsylvania, with a median household income of $89,867, which is 15% higher than the state average. The poverty rate is 3.9%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Penn Farms Quick Facts

Population 2,508
Median Household Income $89,867
Median Home Value $348,900
Poverty Rate 3.9%
Unemployment Rate 0.0%
Median Age 40.5 years
Homeownership Rate 72.1%
Affordability Ratio 3.9x
Bachelor's Degree or Higher 58.1%
High School Graduation Rate 95.3%
Diversity Index 20/100
Population 2,508 565th of 1,991
Median Income $89,867 top 30%
Poverty Rate 3.9% 69% lower than national
Median Home Value $348,900 top 10%

How Penn Farms Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population2,3422,508+7.1%
Median household income$105,536$89,867-14.8%
Median home value$329,200$348,900+6.0%

How Penn Farms Compares

Economy & Housing

Household Income Distribution

Under $25K 3.6%
$25K-$50K 11.3%
$50K-$100K 36.5%
$100K+ 48.6%
Detailed income brackets
Under $10K
0.9%
$10K-$15K
0.4%
$15K-$20K
2.3%
$20K-$25K
0.0%
$25K-$30K
4.2%
$30K-$35K
0.0%
$35K-$40K
0.7%
$40K-$45K
5.2%
$45K-$50K
1.2%
$50K-$60K
9.1%
$60K-$75K
14.2%
$75K-$100K
13.3%
$100K-$125K
8.6%
$125K-$150K
9.7%
$150K-$200K
15.6%
$200K+
14.7%

Employment

0.0% Unemployment Rate State: 5.3%|National: 5.2%
67.9% Labor Force Participation

Housing Overview

Owner 72.1%
Renter 27.9%
Affordability Index Affordable
3.9x home value to income ratio
Median gross rent $1,063/mo 14.2% of median household income annually

People & Demographics

Diversity Index

20out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 45 | National average: 61

Education

Penn Farms Rankings in Pennsylvania

#565 Population of 1,991
#425 Median Income of 1,854
#118 Education of 1,987
#179 Home Value of 1,871

Other Cities in Blair County

CityPopulationMedian IncomePovertyHome Value
Altoona 43,196 $51,250 16.6% $119,900
Hollidaysburg 5,558 $69,458 8.2% $196,100
Tyrone 5,377 $57,226 11.5% $139,800
Greenwood 2,853 $73,250 4.9% $140,300
Roaring Spring 2,335 $62,738 13.4% $142,200
Loop 2,039 $91,818 4.7% $245,300
Martinsburg 1,741 $71,307 8.5% $157,200
Bellwood 1,691 $52,305 16.3% $145,700
Lakemont 1,644 $52,955 13.1% $157,100
Claysburg 1,244 $53,650 23.0% $159,500

Cities Similar to Penn Farms

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Oak Hills2,513$90,926$285,80039.4%6.5%
Coopersburg2,495$84,357$317,00032.4%5.8%
Leith-Hatfield2,577$91,823$296,70030.5%5.4%
Dupont2,559$86,500$142,20020.9%6.3%
Sand Hill2,513$100,583$227,40022.8%1.6%

Population Overview

Penn Farms is a small community located in Pennsylvania, within Blair County. The total population is 2,508. It ranks as the 565th most populous out of 1,991 Census-designated places in Pennsylvania.

Age Demographics

The median age in Penn Farms is 40.5 years. This is about the same as the state median of 40.9 years.

Economy, Income & Housing

The median household income in Penn Farms is $89,867. This is 15% higher than the state median of $77,971. It is also 11% higher than the national median of $80,734. The poverty rate stands at 3.9%. This is 67% lower than the state poverty rate of 11.7%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The survey records no unemployed residents in Penn Farms, which reflects the size of the sample rather than a labor market without joblessness. The median home value is $348,900. Housing costs are 37% higher than the state median of $254,500. The home-value-to-income ratio is 3.9x. 72.1% of occupied housing units are owner-occupied. This homeownership rate is 4% higher than the state average of 69.3%.

Race & Ethnicity

Penn Farms has a predominantly White (non-Hispanic) population, comprising 89.3% of all residents. Asian residents account for 8.3%. The Hispanic or Latino population (1.2%) is well below the state average of 8.7%. The Asian population is significantly higher than the state average (8.3% vs 3.8%).

Education

58.1% of residents aged 25 and older hold a bachelor's degree or higher. This places Penn Farms in the top 10% of all cities in the state for educational attainment. This is 65% higher than the state rate of 35.2%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 95.3%. Notably, 31.5% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Penn Farms, Pennsylvania is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Pennsylvania state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,991 Census-designated places in Pennsylvania. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Penn Farms, Pennsylvania?

Penn Farms, Pennsylvania has a population of 2,508 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Penn Farms, PA?

The median household income in Penn Farms is $89,867, which is 11% higher than the national median of $80,734.

What is the poverty rate in Penn Farms, PA?

The poverty rate in Penn Farms is 3.9%. This means approximately 98 residents live below the federal poverty line.

What is the racial makeup of Penn Farms, Pennsylvania?

Penn Farms's population is 89.3% White, 0.0% Black, 1.2% Hispanic/Latino, and 8.3% Asian.

What is the median home value in Penn Farms, PA?

The median home value in Penn Farms is $348,900. The home-value-to-income ratio is 3.9x.

How educated is Penn Farms, Pennsylvania?

58.1% of adults (25+) in Penn Farms hold a bachelor's degree or higher, and 31.5% hold a graduate or professional degree.