Employment
Higher than average median household income, income per capita and lower unemployment rates are seen in this area. The result is a high score in the employment category.
Housing
High scores in the housing category are a distinguishing feature of this area, possibly driven by a favorable home affordability ratio, higher home values and appreciation rates.
Amenities
The majority of amenities are not ideally located within walking distance. To access these amenities, residents may be required to rely on a vehicle or public transit.
Commute
A low commute score could be due to longer-than-average work commutes and the limited availability of public transportation in this area.
Schools
The low schools score could result from issues like below-average graduation rates, inadequate reading and math scores, and the unavailability of local elementary and high schools.
Penn Estates is a small-sized city located in the state of Pennsylvania. The city has a population of 4,688 people. Penn Estates is known to be an ethnically diverse city. The two most common races are White (47%) and Black or African American (28%). When traveling to work, spending unnecessary time in your vehicle is not ideal and downright frustrating. Across all of America, the average one way commute time is 26 minutes, unfortunately, living in Penn Estates offers up a higher than average one way commute time of 53 minutes.
If you’re considering moving to any new city, it could be a very daunting task. However, it could also be a great experience if you are willing to get to know the city before actually living in Penn Estates, Pennsylvania. When searching for a new neighborhood, several key items should be considered. Safety is of utmost importance, ensuring a secure environment with low crime. Proximity to your workplace or school helps reduce commuting time and offers convenience. Access to amenities such as parks, grocery stores, and healthcare facilities enhances your daily life. Public transportation options contribute to easy mobility. A sense of community fosters a supportive and engaging environment. Lastly, the overall atmosphere should align with your desired lifestyle, ensuring a fulfilling living experience. Considering these items will guide you towards finding the perfect neighborhood that fits all your needs. Using the livability score which includes data from categories like amenities, cost of living, commute, health & safety, you can easily compare the best places to live in Penn Estates and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Penn Estates to Pennsylvania and the national average.
Using data and statistics Penn Estates has received a livability score of 63/100. This score is ranked in the 55th percentile when compared to all other cities. If we dig down a little deeper into each category within the livability score, we see that Penn Estates has higher than average scores for the following: cost of living (B), employment (A+) and housing (A-). On a more negative note, Penn Estates does not have favorable ranks for the following: amenities (F) and education (D). If we take a look at the data, we can find out why.
When contemplating a move, job prospects often top the list of priorities. In Penn Estates, the outlook for new employment is notably brighter than in many other areas. The low unemployment rate of 1.57% points to a surge in job opportunities, the potential for higher wages, enhanced workforce productivity and increased economic growth. These favorable conditions bode well for individuals seeking career advancement and financial stability, making this area an appealing destination for those prioritizing professional opportunities and economic prosperity.
Finding affordable real estate and housing in Penn Estates can be tricky. Having said that, this area might be the place to get the best of both worlds. Based on factors like home/rental affordability and appreciation rates, this area has received an above average score in the housing category. A healthy real estate market can lead to wealth appreciation for property owners, as rising property values can contribute to homeowners' equity, financial stability and the ability to build long-term wealth.
Assuming that Penn Estates meets all of your requirements like low crime rates, good schools and great local amenities, the next most important item to examine is the affordability of real estate in Penn Estates. Everything else becomes a lot less important if it turns out that home prices in Penn Estates are simply unattainable. Median real estate prices in Penn Estates come in at $162,600, which is 3% lower than the Pennsylvania average. The home price to income ratio compares the median home prices to the median household income. In Penn Estates, the home price to income ratio is 2.1, which is 32.3% lower than the Pennsylvania average.
| Statistic | Penn Estates | Pennsylvania | National |
| Average one way commute | 53min | 26min | 26min |
| Workers who drive to work | 67.2% | 76.5% | 76.4% |
| Workers who carpool | 20.0% | 8.5% | 9.3% |
| Workers who take public transit | 4.4% | 5.6% | 5.1% |
| Workers who bicycle | 0.0% | 0.5% | 0.6% |
| Workers who walk | 0.0% | 3.8% | 2.8% |
| Working from home | 5.9% | 4.2% | 4.6% |
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