Park Forest Village, PA Profile: Facts & Data

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Park Forest Village, Pennsylvania - Basic Facts

The Park Forest Village Census Designated Place had a population of 10,025 as of July 1, 2019. Park Forest Village 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 Park Forest Village is located at latitude 40.8067 and longitude -77.9169 in Centre County. The formal boundaries for the Park Forest Village Census Designated Place encompass a land area of 2.45 sq. miles and a water area of 0 sq. miles. Centre County is in the Eastern time zone (GMT -5). The elevation is 1,257 feet.

The Park Forest Village Census Designated Place (GNIS ID: 2389641) has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.

The Park Forest Village Census Designated Place is located within Township of Patton, a minor civil division (MCD) of Centre County.


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  1. Park Forest Village 2019 Demographic Data
  2. Growth Rates for Park Forest Village (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 - 2019 Demographics

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Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2019, data includes home values, household income, percentage of homes owned, rented or vacant, etc.


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Park Forest Village, PA Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Park Forest Village, PA Housing Affordability Index is 120
State of Pennsylvania Housing Affordability Index is 131
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.

WEALTH INDEX

Park Forest Village, PA Wealth Index is 108
State of Pennsylvania Wealth Index is 99
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.

These new demographic attributes are availiable for cities, Counties, ZIP Codes and even neighborhoods (Census Blocks) when you search by a specific Pennsylvania address.

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  2. References & Data Sources page for more information about methodology and sources of data.

POPULATION

Total Population 10,025
Population in Households 9,971
Population in Familes 5,990
Population in Group Qrtrs 54
Population Density 4,087
Diversity Index1 43
 

INCOME

Median Household Income $61,026
Average Household Income $86,066
Per Capita Income $34,444
Wealth Index3 108

HOUSING

Total Housing Units 4,156 (100%)
Owner Occupied HU 2,457 (59.1%)
Renter Occupied HU 1,604 (38.6%)
Vacant Housing Units 96 ( 2.3%)
Median Home Value $250,155
Housing Affordability Index2 120
 

HOUSEHOLDS

Total Households 4,060
Average Household Size 2.46
Family Households 2,099
Average Family Size 3
NOTES
  1. 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.
  2. 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.
  3. 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 RATE / YEAR

2010-2019 2019-2024
Population 0.4% 0.61%
Households 0.37% 0.59%
Families 0.04% 0.36%
Median Household Income   2.3%
Per Capita Income   2.28%

Park Forest Village, PA - Peer Comparisons by Rank and Percentile

The table below compares Park Forest Village to the other 1,761 incorporated cities, towns and CDPs in Pennsylvania by rank and percentile using July 1, 2019 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 # 87 95th
Population Density # 238 87th
Diversity Index # 184 90th
Median Household Income # 563 68th
Per Capita Income # 365 79th

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

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