What is the median household income in Penn Township (Centre County), PA?
The median household income in Penn Township (Centre County), PA is $69,550 (±$5,940) a year (2020–2024 American Community Survey).
Paying the median gross rent of $1,292 a month would take about $51,700 a year at the common guideline of spending no more than 30% of income on rent.
In Penn Township (Centre County), the median household income went from $66,250 in 2015–2019 to $69,550 in 2020–2024 (+5.0%).
Prices (CPI-U) rose 22.7% over the same years, so it rose more slowly than prices: a measurable decrease after inflation.
Figures last updated on .
- Median household income
- $69,550 (±$5,940)
- Median renter income
- $62,083 (±$34,498)
- Income to afford median rent
- about $51,700
Income in Penn Township (Centre County) against Centre County, its state and the nation
| Penn Township (Centre County) | Centre County | Pennsylvania | United States | |
|---|---|---|---|---|
| Median household income | $69,550 (±$5,940) | $74,291 (±$2,520) | $77,971 (±$342) | $80,734 |
| Median renter household income | $62,083 (±$34,498) | $39,074 (±$2,659) | $47,506 (±$425) | $52,966 |
| Median owner household income | $73,333 (±$24,848) | $104,257 (±$3,110) | $95,990 (±$362) | $100,009 |
| Median gross rent | $1,292 (±$490) | $1,207 (±$27) | $1,209 (±$5) | $1,413 |
In Penn Township (Centre County), median household income is not measurably different from Centre County ($74,291).
It is also lower than in Pennsylvania ($77,971).
It is lower than the national figure ($80,734).
In Centre County, Penn Township (Centre County) ranks 22 of 35 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 1409 of 2,545.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How much you need to earn to rent in Penn Township (Centre County)
Many landlords and housing programs use 30% of gross income as the most a household should spend on rent.
At that guideline, the median gross rent of $1,292 a month ($15,504 a year) needs an income of about $51,700 a year.
The median renting household in Penn Township (Centre County) earns $62,083 a year.
This is arithmetic on the published medians, not a rule any landlord must follow; screening criteria vary and some places limit how income may be weighed.
Income against housing costs since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median household income | $66,250 (±$6,928) | $69,550 (±$5,940) | +5.0% | Down after inflation |
| Median gross rent | $918 (±$102) | $1,292 (±$490) | +40.7% | No measurable change after inflation |
| Median home value | $199,000 (±$23,489) | $254,700 (±$41,045) | +28.0% | 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.
Median household income in places near Penn Township (Centre County)
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Penn Township (Centre County) | — | $69,550 (±$5,940) | — |
| Millheim | 2.2 mi | $73,125 (±$14,586) | Not measurably different |
| Gregg Township (Centre County) | 4.2 mi | $67,292 (±$7,753) | Not measurably different |
| Haines Township | 6.6 mi | $76,667 (±$16,651) | Not measurably different |
| Armagh Township | 7.0 mi | $74,278 (±$12,576) | Not measurably different |
| Walker Township (Centre County) | 8.8 mi | $88,866 (±$14,525) | Higher |
| Miles Township | 9.4 mi | $71,544 (±$6,390) | Not measurably different |
| Nittany | 9.7 mi | $69,716 (±$27,153) | Not measurably different |
| Potter Township (Centre County) | 10 mi | $75,385 (±$7,254) | Not measurably different |
Nearby places with a measurably higher figure: Walker Township (Centre County), PA ($88,866).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Centre County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 16 | Worth Township (Centre County) | $76,250 (±$14,606) |
| 17 | Liberty Township (Centre County) | $75,766 (±$9,658) |
| 18 | Rush Township (Centre County) | $75,732 (±$13,752) |
| 19 | Potter Township (Centre County) | $75,385 (±$7,254) |
| 20 | Millheim | $73,125 (±$14,586) |
| 21 | Miles Township | $71,544 (±$6,390) |
| 22 | Penn Township (Centre County) | $69,550 (±$5,940) |
| 23 | Howard | $69,306 (±$15,809) |
| 24 | Boggs Township (Centre County) | $67,500 (±$5,733) |
| 25 | Marion Township (Centre County) | $67,405 (±$37,711) |
| 26 | Gregg Township (Centre County) | $67,292 (±$7,753) |
| 27 | Snow Shoe Township | $66,161 (±$9,758) |
| 28 | Burnside Township (Centre County) | $65,625 (±$15,030) |
Showing 13 of 35 places in Centre County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Penn Township (Centre County)
What is the median household income in Penn Township (Centre County)?
The median household income in Penn Township (Centre County) is $69,550 (±$5,940) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Penn Township (Centre County)?
About $51,700 a year, if rent is to stay at or below 30% of income at the median gross rent of $1,292 a month.
Have incomes in Penn Township (Centre County) kept up with inflation?
In Penn Township (Centre County), the median household income went from $66,250 in 2015–2019 to $69,550 in 2020–2024 (+5.0%).
Prices (CPI-U) rose 22.7% over the same years, so it rose more slowly than prices: a measurable decrease after inflation.
What do renters earn in Penn Township (Centre County)?
The median renting household in Penn Township (Centre County), PA earns $62,083 (±$34,498) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Penn township, Centre County, Pennsylvania
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Penn township, Centre County, Pennsylvania
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Penn township, Centre County, Pennsylvania
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Penn township, Centre County, Pennsylvania
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Penn township, Centre County, Pennsylvania
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Penn township, Centre County, Pennsylvania
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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 Penn township, Centre County, Pennsylvania (county subdivision:58800, in state:42 county:027).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M
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
- Housing in Penn Township (Centre County) at a glance
- Renters and owners in Penn Township (Centre County)
- Home values in Penn Township (Centre County)
- Homeowner costs in Penn Township (Centre County)
- Property taxes in Penn Township (Centre County)
- Types of homes in Penn Township (Centre County)
- Bedrooms in Penn Township (Centre County)
- Age of homes in Penn Township (Centre County)
- Heating fuel in Penn Township (Centre County)
- Commute and cars in Penn Township (Centre County)
- Population growth in Penn Township (Centre County)
- Pennsylvania landlord and tenant rules
- Housing across Centre County
- Pennsylvania places ranked by median household income
- Housing data for every place in Pennsylvania