Sinking Spring, PA Profile: Facts & Data

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Sinking Spring, Pennsylvania - Basic Facts

The Borough of Sinking Spring had a population of 4,412 as of July 1, 2024. Sinking Spring 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 Sinking Spring is located at latitude 40.3273 and longitude -76.011 in Berks County. The formal boundaries for the Borough of Sinking Spring encompass a land area of 1.26 sq. miles and a water area of 0 sq. miles. Berks County is in the Eastern time zone (GMT -5).

The Borough of Sinking Spring 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. Sinking Spring 2024 Demographic Data
  2. Growth Rates for Sinking Spring (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 - 2024 Demographics
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Sinking Spring, PA Data & Demographics (As of July 1, 2024)

POPULATION

Total Population 4,412 (100%)
Population in Households 4,397 (99.7%)
Population in Families 3,520 (79.8%)
Population in Group Quarters1 15 ( 0.3%)
Population Density 3,556
Diversity Index2 66
 
 

INCOME

Median Household Income $75,039
Average Household Income $103,925
% of Income for Mortgage4 25%
Per Capita Income $42,946
Wealth Index5 82
Socioeconomic Status Index6 Moderate (53.3)
 

HOUSING

Total HU (Housing Units) 1,877 (100%)
Owner Occupied HU 1,075 (57.3%)
Renter Occupied HU 748 (39.9%)
Vacant Housing Units 54 ( 2.9%)
Median Home Value $298,256
Average Home Value $381,977
Housing Affordability Index3 87
 

HOUSEHOLDS

Total Households 1,823
Average Household Size 2.41
Family Households 1,136
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

2020-2024 2024-2029
Population 0.68% 2.57%
Households 0.86% 2.67%
Families   2.62%
Median Household Income   3.04%
Per Capita Income   3.69%
Owner Occupied HU   1.04%

Sinking Spring, PA - Peer Comparisons by Rank and Percentile

The table below compares Sinking Spring to the other 2,002 incorporated cities, towns and CDPs in Pennsylvania by rank and percentile using July 1, 2024 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 # 315 84th
Population Density # 325 84th
Median Household Income # 758 62nd
Housing Affordability Index # 462 23rd
Per Capita Income # 587 71st
Diversity Index # 83 96th

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

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