What percentage of people rent in Park Forest Village, PA?

44.4% (±5.5 points) of the occupied homes in Park Forest Village, PA are rented (2020–2024 American Community Survey).

That is 1,683 renting households against 2,108 that own their home.

In Park Forest Village, the share of households that rent went from 41.8% in 2015–2019 to 44.4% in 2020–2024 (+2.6 percentage points), not a measurable change.

Figures last updated on .

Households that rent
44.4% (±5.5 points)
Renting households
1,683 (±272)
Median renter income
$22,835 (±$9,941)

Who rents and who owns in Park Forest Village

Tenure, estimate (90% margin of error)
Park Forest VillageCentre CountyPennsylvaniaUnited States
Renter-occupied share44.4% (±5.5 points)38.2% (±1.2 points)30.7% (±0.2 points)34.8%
Renting households1,683 (±272)22,546 (±803)1,617,882 (±10,181)45,017,354
Owning households2,108 (±275)36,467 (±692)3,656,971 (±15,249)84,210,142
Average renter household size2.0 (±0.2)2.0 (±0.1)2.1 (±0.0)2.3
Average owner household size2.5 (±0.2)2.5 (±0.0)2.5 (±0.0)2.6
Median renter household income$22,835 (±$9,941)$39,074 (±$2,659)$47,506 (±$425)$52,966
Median owner household income$134,531 (±$36,739)$104,257 (±$3,110)$95,990 (±$362)$100,009

In Park Forest Village, the renter share is higher than in Centre County (38.2%).

It is also higher than in Pennsylvania (30.7%).

It is higher than the national figure (34.8%).

In Centre County, Park Forest Village ranks 2 of 11 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 41 of 390.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in Park Forest Village has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent41.8% (±3.9 points)44.4% (±5.5 points)+2.6 percentage pointsNot a measurable change
Median gross rent$1,072 (±$68)$1,331 (±$84)+24.2%No measurable change after inflation
Median household income$72,083 (±$8,347)$79,120 (±$8,981)+9.8%No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Households that rent in places near Park Forest Village

Nearest places with a published estimate, compared with Park Forest Village
PlaceDistanceHouseholds that rentCompared with this place
Park Forest Village—44.4% (±5.5 points)—
Toftrees2.1 mi83.1% (±8.6 points)Higher
State College2.8 mi73.9% (±2.2 points)Higher
Ferguson Township (Centre County)4.2 mi41.1% (±3.4 points)Not measurably different
Pine Grove Mills4.8 mi10.2% (±10.3 points)Lower
Houserville4.9 mi11.9% (±7.1 points)Lower
College Township4.9 mi23.5% (±4.8 points)Lower
Lemont4.9 mi23.1% (±16.8 points)Lower
Ramblewood5.5 mi22.2% (±18.0 points)Lower

Nearby places with a measurably lower figure: Pine Grove Mills, PA (10.2%), Houserville, PA (11.9%), College Township, PA (23.5%).

Nearby places with a measurably higher figure: Toftrees, PA (83.1%), State College, PA (73.9%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across Centre County, place by place

RankPlaceHouseholds that rent
1Toftrees83.1% (±8.6 points)
2Park Forest Village44.4% (±5.5 points)
3Pleasant Gap26.2% (±9.8 points)
4Lemont23.1% (±16.8 points)
5Ramblewood22.2% (±18.0 points)
6Boalsburg21.3% (±8.5 points)
7Houserville11.9% (±7.1 points)
8Pine Grove Mills10.2% (±10.3 points)

Showing 8 of 11 places in Centre County, ranked from highest to lowest.

Park Forest Village is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.

It lies inside Patton Township, whose figures include it.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

What you can do on Seayora in Park Forest Village

One account for renting, owning, managing and fixing homes, with these figures beside you.

Looking for a place to rent?

Browse homes for rent near Park Forest Village, save the ones you like and apply online.

Browse rentals · Create a renter account

Own or manage a rental?

List it, sign the lease and collect rent online, with the figures for Park Forest Village beside you.

Create a landlord account · See what landlords get

Do repairs, renovations or maintenance?

Get found by owners and renters near Park Forest Village, and send estimates and invoices from your phone.

Join as a pro · Find a pro

Questions about Park Forest Village

How many renters are there in Park Forest Village?

Park Forest Village has an estimated 1,683 (±272) renting households, 44.4% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Park Forest Village?

In Park Forest Village, the share of households that rent went from 41.8% in 2015–2019 to 44.4% in 2020–2024 (+2.6 percentage points), not a measurable change.

How big are renting households in Park Forest Village?

A renting household in Park Forest Village has 2.0 people on average, against 2.5 in an owned home.

How much do renters earn in Park Forest Village?

The median renting household in Park Forest Village, PA has an income of $22,835 (±$9,941) a year, against $134,531 for households that own their home.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Park Forest Village CDP, Pennsylvania (place:58036, in state:42).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

Related