Jessup, PA Profile: Facts & Data

The primary coordinate point for Jessup is located at latitude 41.4687 and longitude -75.5621 in Lackawanna County. The formal boundaries for the Borough of Jessup encompass a land area of 6.74 sq. miles and a water area of 0.05 sq. miles. Lackawanna County is in the Eastern time zone (GMT -5). The elevation is 961 feet.

The Borough of Jessup (GNIS ID: 1215322) 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.

Jessup, PA Data & Demographics (As of July 1, 2020)

POPULATION
Total Population	4,729 (100%)
Population in Households	4,727 (100.0%)
Population in Families	3,718 (78.6%)
Population in Group Quarters¹	2 ( 0.0%)
Population Density	702
Diversity Index²	18


INCOME
Median Household Income	$57,615
Average Household Income	$81,716
% of Income for Mortgage⁴	12%
Per Capita Income	$35,407
Wealth Index⁵	86

HOUSING
Total HU (Housing Units)	2,213 (100%)
Owner Occupied HU	1,423 (64.3%)
Renter Occupied HU	626 (28.3%)
Vacant Housing Units	164 ( 7.4%)
Median Home Value	$164,710
Average Home Value	$171,539
Housing Affordability Index³	183

HOUSEHOLDS
Total Households	2,049
Average Household Size	2.31
Family Households	1,278
Average Family Size	3

NOTES

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.
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.
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.
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).
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.

Jessup, PA - Peer Comparisons by Rank and Percentile

The table below compares Jessup to the other 1,761 incorporated cities, towns and CDPs in Pennsylvania by rank and percentile using July 1, 2020 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.

GROWTH RATE / YEAR	2010-2020	2020-2025
Population	0.11%	0.12%
Households	0.2%	0.16%
Families	0.05%	0.06%
Median Household Income		2.38%
Per Capita Income		2.18%
Owner Occupied HU		0.13%

Variable Description	Rank	Percentile
Total Population	# 284	84th
Population Density	# 1237	30th
Median Household Income	# 725	59th
Housing Affordability Index	# 614	35th
Per Capita Income	# 360	80th
Diversity Index	# 702	60th

Jessup, PA Profile: Facts & Data

Jessup, Pennsylvania - Basic Facts

Jessup, PA Data & Demographics (As of July 1, 2020)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Jessup, PA - Peer Comparisons by Rank and Percentile

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