What is the median household income in Towanda Township, PA?
The median household income in Towanda Township, PA is $50,179 (±$14,879) a year (2020–2024 American Community Survey).
Paying the median gross rent of $838 a month would take about $33,500 a year at the common guideline of spending no more than 30% of income on rent.
In Towanda Township, the median household income went from $53,958 in 2015–2019 to $50,179 in 2020–2024 (−7.0%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median household income
- $50,179 (±$14,879)
- Median renter income
- $28,295 (±$17,286)
- Income to afford median rent
- about $33,500
Income in Towanda Township against Bradford County, its state and the nation
| Towanda Township | Bradford County | Pennsylvania | United States | |
|---|---|---|---|---|
| Median household income | $50,179 (±$14,879) | $63,675 (±$2,517) | $77,971 (±$342) | $80,734 |
| Median renter household income | $28,295 (±$17,286) | $44,455 (±$3,512) | $47,506 (±$425) | $52,966 |
| Median owner household income | $54,500 (±$12,517) | $76,585 (±$4,144) | $95,990 (±$362) | $100,009 |
| Median gross rent | $838 (±$73) | $901 (±$29) | $1,209 (±$5) | $1,413 |
In Towanda Township, median household income is not measurably different from Bradford County ($63,675).
It is also lower than in Pennsylvania ($77,971).
It is lower than the national figure ($80,734).
In Bradford County, Towanda Township ranks 47 of 51 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 2319 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 Towanda Township
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 $838 a month ($10,056 a year) needs an income of about $33,500 a year.
The median renting household in Towanda Township earns $28,295 a year, less than that.
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 | $53,958 (±$11,518) | $50,179 (±$14,879) | −7.0% | No measurable change after inflation |
| Median gross rent | $900 (±$164) | $838 (±$73) | −6.9% | Down after inflation |
| Median home value | $180,400 (±$25,948) | $167,400 (±$52,519) | −7.2% | 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 Towanda Township
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Towanda Township | — | $50,179 (±$14,879) | — |
| Towanda | 2.2 mi | $60,888 (±$9,593) | Not measurably different |
| North Towanda Township | 2.5 mi | $28,906 (±$9,905) | Lower |
| Monroe | 2.5 mi | $53,947 (±$7,400) | Not measurably different |
| Burlington Township | 4.9 mi | $93,250 (±$25,360) | Higher |
| Monroe Township (Bradford County) | 5.8 mi | $56,850 (±$7,457) | Not measurably different |
| Asylum Township | 6.3 mi | $73,382 (±$15,801) | Higher |
| Wysox Township | 6.8 mi | $60,357 (±$22,666) | Not measurably different |
| Franklin Township (Bradford County) | 6.8 mi | $57,778 (±$16,505) | Not measurably different |
Nearby places with a measurably lower figure: North Towanda Township, PA ($28,906).
Nearby places with a measurably higher figure: Burlington Township, PA ($93,250), Asylum Township, PA ($73,382).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Bradford County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 41 | Rome | $55,000 (±$12,113) |
| 42 | Monroe | $53,947 (±$7,400) |
| 43 | Athens | $53,000 (±$8,789) |
| 44 | Sylvania | $51,875 (±$30,451) |
| 45 | Troy | $51,016 (±$7,897) |
| 46 | Sayre | $50,801 (±$8,791) |
| 47 | Towanda Township | $50,179 (±$14,879) |
| 48 | Wyalusing | $43,636 (±$9,900) |
| 49 | Alba | $42,750 (±$14,243) |
| 50 | Canton | $42,132 (±$3,250) |
| 51 | North Towanda Township | $28,906 (±$9,905) |
Showing 11 of 51 places in Bradford 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 Towanda Township
What is the median household income in Towanda Township?
The median household income in Towanda Township is $50,179 (±$14,879) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Towanda Township?
About $33,500 a year, if rent is to stay at or below 30% of income at the median gross rent of $838 a month.
Have incomes in Towanda Township kept up with inflation?
In Towanda Township, the median household income went from $53,958 in 2015–2019 to $50,179 in 2020–2024 (−7.0%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
What do renters earn in Towanda Township?
The median renting household in Towanda Township, PA earns $28,295 (±$17,286) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Towanda township, Bradford County, Pennsylvania
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Towanda township, Bradford County, Pennsylvania
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Towanda township, Bradford County, Pennsylvania
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Towanda township, Bradford County, Pennsylvania
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Towanda township, Bradford County, Pennsylvania
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Towanda township, Bradford 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 Towanda township, Bradford County, Pennsylvania (county subdivision:77176, in state:42 county:015).
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 Towanda Township at a glance
- Renters and owners in Towanda Township
- Home values in Towanda Township
- Homeowner costs in Towanda Township
- Property taxes in Towanda Township
- Types of homes in Towanda Township
- Bedrooms in Towanda Township
- Age of homes in Towanda Township
- Heating fuel in Towanda Township
- Commute and cars in Towanda Township
- Population growth in Towanda Township
- How long people stay in Towanda Township
- Pennsylvania landlord and tenant rules
- Housing across Bradford County
- Pennsylvania places ranked by median household income
- Housing data for every place in Pennsylvania