Township Of Redstone PA Demographic Data and Boundary Map

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Township Of Redstone, PA

The Township Of Redstone is a County Subdivision of Fayette County. The subdivision has a T1 Census Class Code which indicates that the Township Of Redstone is an active county subdivision that is not coextensive with an incorporated place.

Also See: Fayette County Data | Cities in Fayette County | County Subdivisions in Fayette County

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  1. Township Of Redstone 2020 Demographic Data
  2. Growth Rates for Township Of Redstone (Historical & 5-Year Forecast)
  3. Neighborhoods Demographics (Home Values, Household Income, etc.)
  4. Pennsylvania Research Tools (Easy Tools & Current Data)
  5. Pennsylvania Data Comparison Tool - 2020 Demographics

Township Of Redstone Boundary Map


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Township Of Redstone Data & Demographics (As of July 1, 2020)

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POPULATION

Total Population 5,676 (100%)
Population in Households 5,676 (100.0%)
Population in Families 4,474 (78.8%)
Population in Group Quarters1 0
Population Density 249
Diversity Index2 28
 
 

INCOME

Median Household Income $46,103
Average Household Income $58,787
% of Income for Mortgage4 8%
Per Capita Income $25,499
Wealth Index5 51

HOUSING

Total HU (Housing Units) 2,867 (100%)
Owner Occupied HU 1,785 (62.3%)
Renter Occupied HU 677 (23.6%)
Vacant Housing Units 405 (14.1%)
Median Home Value $86,289
Average Home Value $129,720
Housing Affordability Index3 265
 

HOUSEHOLDS

Total Households 2,462
Average Household Size 2.31
Family Households 1,553
Average Family Size 3
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.

GROWTH RATES

2010-2020 2020-2025
Population 0.19% -0.24%
Households 0.36% -0.15%
Families 0.18% -0.26%
Median Household Income   2.14%
Per Capita Income   2.23%
Owner Occupied HU   -0.16%

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