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Towanda, Pennsylvania Demographics & Population 2026

During the 2020–2024 ACS period, Towanda, Pennsylvania had a total population of 2,791, the 511th largest borough in Pennsylvania, with a median household income of $60,888, which is 22% lower than the state average. The poverty rate is 12.6%.

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

Towanda Quick Facts

Population 2,791
Median Household Income $60,888
Median Home Value $166,900
Poverty Rate 12.6%
Unemployment Rate 4.9%
Median Age 37.7 years
Homeownership Rate 53.4%
Affordability Ratio 2.7x
Bachelor's Degree or Higher 23.8%
High School Graduation Rate 87.4%
Diversity Index 5/100
Population 2,791 511th of 1,991
Median Income $60,888 below average
Poverty Rate 12.6% 1% higher than national
Median Home Value $166,900 average

How Towanda 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
Population2,7962,791-0.2%
Median household income$57,185$60,888+6.5%
Median home value$166,100$166,900+0.5%

How Towanda Compares

Economy & Housing

Household Income Distribution

Under $25K 16.8%
$25K-$50K 16.4%
$50K-$100K 42.8%
$100K+ 23.9%
Detailed income brackets
Under $10K
3.7%
$10K-$15K
6.2%
$15K-$20K
3.3%
$20K-$25K
3.7%
$25K-$30K
5.8%
$30K-$35K
1.9%
$35K-$40K
0.3%
$40K-$45K
2.1%
$45K-$50K
6.3%
$50K-$60K
15.6%
$60K-$75K
18.3%
$75K-$100K
8.9%
$100K-$125K
11.3%
$125K-$150K
5.1%
$150K-$200K
6.7%
$200K+
0.9%

Employment

4.9% Unemployment Rate State: 5.3%|National: 5.2%
58.8% Labor Force Participation

Housing Overview

Owner 53.4%
Renter 46.6%
Affordability Index Very Affordable
2.7x home value to income ratio
Median gross rent $996/mo 19.6% of median household income annually

People & Demographics

Diversity Index

5out 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

Towanda Rankings in Pennsylvania

#511 Population of 1,991
#1218 Median Income of 1,854
#868 Education of 1,987
#1001 Home Value of 1,871

Other Cities in Bradford County

CityPopulationMedian IncomePovertyHome Value
Sayre 5,431 $50,801 7.8% $169,500
Athens 3,243 $53,000 12.8% $167,200
Canton 1,531 $42,132 22.2% $126,300
Troy 1,408 $51,016 29.7% $155,900
South Waverly 1,069 $87,813 8.6% $162,300
Wyalusing 653 $43,636 17.1% $157,100
Monroe 621 $53,947 12.4% $174,000
Greens Landing 593 $69,219 33.1% $119,000
Rome 547 $55,000 25.8% $150,000
New Albany 358 $77,273 13.5% N/A

Cities Similar to Towanda

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Morton2,773$61,563$267,40035.2%6.4%
Slippery Rock University2,853N/AN/A0.0%100.0%
North York2,812$63,927$139,50014.2%21.2%
Ford City2,813$57,971$84,40011.8%17.4%
St. Clair2,754$64,304$71,80018.0%7.8%

Population Overview

Towanda is a small community located in Pennsylvania, within Bradford County. The total population is 2,791. It ranks as the 511th most populous out of 1,991 Census-designated places in Pennsylvania.

Age Demographics

The median age in Towanda is 37.7 years. This is 8% lower than the state median of 40.9 years. 11.9% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Towanda is $60,888. This is 22% lower than the state median of $77,971. It is also 25% lower than the national median of $80,734. The poverty rate stands at 12.6%. This is 7% higher than the state poverty rate of 11.7%. The unemployment rate is 4.9%. This is 7% lower than the state rate of 5.3%. The median home value is $166,900. Housing costs are 34% lower than the state median of $254,500. With a home-value-to-income ratio of just 2.7x, Towanda is one of the most affordable housing markets in the area. 53.4% of occupied housing units are owner-occupied. This homeownership rate is 23% lower than the state average of 69.3%.

Race & Ethnicity

Towanda has a predominantly White (non-Hispanic) population, comprising 97.4% of all residents. Asian residents account for 1.3%. The Black or African American population (0.9%) is well below the state average of 10.3%. The Hispanic or Latino population (0.4%) is well below the state average of 8.7%. The Asian population (1.3%) is well below the state average of 3.8%.

Education

23.8% of residents aged 25 and older hold a bachelor's degree or higher. This is 32% lower 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 87.4%.

Data Sources & Methodology

All demographic data for Towanda, 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 Towanda, Pennsylvania?

Towanda, Pennsylvania has a population of 2,791 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Towanda, PA?

The median household income in Towanda is $60,888, which is 25% lower than the national median of $80,734.

What is the poverty rate in Towanda, PA?

The poverty rate in Towanda is 12.6%. This means approximately 348 residents live below the federal poverty line.

What is the racial makeup of Towanda, Pennsylvania?

Towanda's population is 97.4% White, 0.9% Black, 0.4% Hispanic/Latino, and 1.3% Asian.

What is the median home value in Towanda, PA?

The median home value in Towanda is $166,900. The home-value-to-income ratio is 2.7x.

How educated is Towanda, Pennsylvania?

23.8% of adults (25+) in Towanda hold a bachelor's degree or higher, and 10.7% hold a graduate or professional degree.