Fairchance, PA Profile: Facts, Map & Data

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Fairchance, Pennsylvania - Basic Facts

The Borough of Fairchance had a population of 1,871 as of July 1, 2017.

The primary coordinate point for Fairchance is located at latitude 39.8251 and longitude -79.754 in Fayette County. The formal boundaries for the Borough of Fairchance (see map below) encompass a land area of 1.2 sq. miles and a water area of 0 sq. miles. Fayette County is in the Eastern time zone (GMT -5). The elevation is 1,106 feet.

The Borough of Fairchance (GNIS ID: 1215228) has a C5 Census Class Code which indicates an active incorporated place that is independent of any county subdivision and serves as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Beneath the boundary map are tables with Fairchance population, income and housing data, five-year growth projections and peer comparisons for key demographic data. The estimates are for July 1, 2017.

Alternate Unofficial Names for Fairchance: Fairchance Iron Works.


Neighborhood Data

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Borough of Fairchance, PA Boundary Map



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Fairchance, PA Data & Demographics (As of July 1, 2017)

POPULATION

Total Population 1,871
Daytime Population: Workers 342
Daytime Population: Residents 1,144
Total Daytime Population (TDP) 1,486
Ratio TDP/Total Population1 0.79
Population in Households 1,858
Population in Familes 1,501
Population in Group Qrtrs 13
Population Density2 1,556
Diversity Index3 11
 

INCOME

Median Household Income $34,087
Average Household Income $47,303
Per Capita Income $18,706

HOUSING

Total Housing Units 846 (100%)
Owner Occupied HU 464 (54.8%)
Renter Occupied HU 273 (32.3%)
Vacant Housing Units 109 (12.9%)
Median Home Value $94,141
Average Home Value $104,086
 

HOUSEHOLDS

Total Households 737
Average Household Size 2.52
Family Households 501
Average Family Size 3
NOTES
  1. If the ratio of the TDP to Total Population is greater than 1, the location gains population during the day when commuting workers are present. If the ratio is less than 1, the location is more of a bedroom community where people commute to another place for work.
  2. Population Density = Total Population per square mile.
  3. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.

GROWTH RATE / YEAR

2010-2017 2017-2022
Population -0.74% -0.62%
Households -0.76% -0.63%
Families -0.88% -0.73%
Median Household Income   2.76%
Per Capita Income   3.24%

Fairchance, PA - Peer Comparisons by Rank and Percentile

The table below compares Fairchance to the other 1,762 incorporated cities, towns and CDPs in Pennsylvania by rank and percentile using July 1, 2017 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 670 62nd
Population Density # 829 53rd
Diversity Index # 940 47th
Median Household Income # 1668 5th
Per Capita Income # 1696 4th

Additional comparisons and rankings can be made with a VERY EASY TO USE Pennsylvania Census Data Comparison Tool.

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