New Holland, PA Profile: Facts & Data

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New Holland, Pennsylvania - Basic Facts

The Borough of New Holland had a population of 5,820 as of July 1, 2023. New Holland ranks in the upper quartile for Population Density and Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Pennsylvania. See peer rankings below.

The primary coordinate point for New Holland is located at latitude 40.1018 and longitude -76.0852 in Lancaster County. The formal boundaries for the Borough of New Holland encompass a land area of 1.94 sq. miles and a water area of 0 sq. miles. Lancaster County is in the Eastern time zone (GMT -5).

The Borough of New Holland 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.


Jump to... (On This Page!)
  1. New Holland 2023 Demographic Data
  2. Growth Rates for New Holland (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Pennsylvania Research Tools (Easy Tools & Current Data)
  3. Pennsylvania Data Comparison Tool - 2023 Demographics
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New Holland, PA Data & Demographics (As of July 1, 2023)

POPULATION

Total Population 5,820 (100%)
Population in Households 5,810 (99.8%)
Population in Families 4,660 (80.1%)
Population in Group Quarters1 10 ( 0.2%)
Population Density 2,995
Diversity Index2 49
 
 

INCOME

Median Household Income $63,940
Average Household Income $91,464
% of Income for Mortgage4 22%
Per Capita Income $36,887
Wealth Index5 80
Socioeconomic Status Index6 Moderate (54.2)
 

HOUSING

Total HU (Housing Units) 2,448 (100%)
Owner Occupied HU 1,598 (65.3%)
Renter Occupied HU 749 (30.6%)
Vacant Housing Units 101 ( 4.1%)
Median Home Value $229,101
Average Home Value $263,595
Housing Affordability Index3 106
 

HOUSEHOLDS

Total Households 2,347
Average Household Size 2.48
Family Households 1,523
Average Family Size 3.00
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. 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 races 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.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
  6. The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR

2020-2023 2023-2028
Population 0.41% 0.04%
Households 0.49% 0.23%
Families   0.17%
Median Household Income   3.57%
Per Capita Income   3.12%
Owner Occupied HU   0.45%

New Holland, PA - Peer Comparisons by Rank and Percentile

The table below compares New Holland to the other 1,888 incorporated cities, towns and CDPs in Pennsylvania by rank and percentile using July 1, 2023 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 # 222 88th
Population Density # 430 77th
Median Household Income # 922 51st
Housing Affordability Index # 642 34th
Per Capita Income # 852 55th
Diversity Index # 241 87th

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

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