Income & Economy in Penn, PA

Household income, poverty rates, employment, and economic data — 2023 ACS Data

Income Overview

Source: U.S. Census Bureau ACS (2023)

Median Household Income

$70,833

-3% vs national

Per Capita Income

$24,483

-34% vs national

Poverty Rate

8.1%

-41% vs national

Gini Index

0.3014

0 = perfect equality

Unemployment

2.6%

-49% vs national

SNAP Recipients

15.4%

of households

How Penn Compares

Source: Census ACS (2023)

Penn vs Similar Cities

Source: Census ACS (2023)

Compared to cities with 10,000 - 25,000 residents. Penn is highlighted.

Median Household Income

Per Capita Income

Poverty Rate

Unemployment Rate

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Where Do You Stack Up?

Enter your household income to see how you compare to other households in Penn. The median household income here is $70,833.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
10.0%
$25-50K
13.2%
$50-75K
38.2%
$75-100K
15.0%
$100-150K
18.2%
$150-200K
4.5%
$200K+
0.9%

Employment Snapshot

Source: U.S. Census Bureau ACS (2023)

Unemployment Rate

2.6%

-48% vs PA avg

Labor Force

266

Employed

259

How People Get to Work

Source: Census ACS (2023)

Employment by Sector

Source: Census ACS (2023)

Education & Workforce

Source: U.S. Census Bureau ACS (2023)

Bachelor's Degree+

11.8%

of adults 25+

High School Diploma+

29.6%

of adults 25+

Median Age

25.4

Work from Home

7.8%

of workers

The median household income in Penn, PA is $70,833, which is 3.3% below the national average of $73,224. Per capita income is $24,483. The poverty rate of 8.1% is lower than the PA state average of 11.3%. The Gini index of income inequality is 0.3014, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 2.6%, compared to the state average of 5.1%. 11.8% of adults hold a bachelor's degree or higher.