New Florence borough, Pennsylvania Median Income

New Florence borough, Pennsylvania has a population of 674, with a median household income of $45,100.

Current median income data for New Florence borough.

$45,100

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Population

674

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Median Income

$45,100

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Unemployment

5.60%

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Housing Price

$95,800

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Crime Rate

9.70

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Internet Speed

153.60 Mbps

New Florence borough is a small local community located in Pennsylvania. The city has a population that is below the average city population in Pennsylvania, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Situated in Pennsylvania, New Florence borough provides insight into regional population trends, income levels, and housing conditions.

Population Overview

New Florence borough has a population of 674, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in New Florence borough is $45,100, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in New Florence borough is about $95,800, making it relatively affordable compared to many cities in Pennsylvania.

Employment and Safety

The unemployment rate in New Florence borough is 5.60%, slightly above the state average, suggesting moderate employment conditions. New Florence borough has a lower crime rate than the state average, contributing to a relatively safer living environment.

City Comparison

Compared to other cities in Pennsylvania, New Florence borough shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

As part of Pennsylvania, New Florence borough contributes to the broader economic and social landscape, offering insights into regional development.

Frequently Asked Questions about New Florence borough

What is the population of New Florence borough?

The population of New Florence borough is approximately 674.

Is New Florence borough a good place to live?

New Florence borough offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in New Florence borough?

The median household income in New Florence borough is around $45,100.

How expensive is housing in New Florence borough?

The average housing price in New Florence borough is approximately $95,800.