Waymart borough, Pennsylvania Median Income

Waymart borough, Pennsylvania has a population of 1,420, with a median household income of $53,400.

Current median income data for Waymart borough.

$53,400

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Population

1,420

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Median Income

$53,400

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Unemployment

4.60%

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Housing Price

$151,000

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Crime Rate

8.20

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Internet Speed

195.60 Mbps

Waymart 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.

Waymart borough, located in Pennsylvania, is a city that reflects important demographic and economic patterns within the region.

Population Overview

Waymart borough has a population of 1,420, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Waymart borough is $53,400, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Waymart borough is about $151,000, making it relatively affordable compared to many cities in Pennsylvania.

Employment and Safety

The unemployment rate in Waymart borough is 4.60%, slightly above the state average, suggesting moderate employment conditions. Waymart 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, Waymart borough shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

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

Frequently Asked Questions about Waymart borough

What is the population of Waymart borough?

The population of Waymart borough is approximately 1,420.

Is Waymart borough a good place to live?

Waymart 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 Waymart borough?

The median household income in Waymart borough is around $53,400.

How expensive is housing in Waymart borough?

The average housing price in Waymart borough is approximately $151,000.