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Mount Gretna, PA Profile: Facts & Data

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Mount Gretna, Pennsylvania - Basic Facts

The Borough of Mount Gretna had a population of 215 as of July 1, 2020.

The primary coordinate point for Mount Gretna is located at latitude 40.2476 and longitude -76.4694 in Lebanon County. The formal boundaries for the Borough of Mount Gretna encompass a land area of 0.14 sq. miles and a water area of 0 sq. miles. Lebanon County is in the Eastern time zone (GMT -5). The elevation is 673 feet.

The Borough of Mount Gretna (GNIS ID: 1215366) 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.


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

POPULATION

Total Population 215 (100%)
Population in Households 215 (100.0%)
Population in Families 160 (74.4%)
Population in Group Quarters1 0
Population Density 1,491
Diversity Index2 12
 
 

INCOME

Median Household Income $63,158
Average Household Income $78,259
% of Income for Mortgage4 15%
Per Capita Income $42,086
Wealth Index5 124
 

HOUSING

Total HU (Housing Units) 221 (100%)
Owner Occupied HU 106 (48.0%)
Renter Occupied HU 9 ( 4.1%)
Vacant Housing Units 106 (48.0%)
Median Home Value $221,429
Average Home Value $236,321
Housing Affordability Index3 179
 

HOUSEHOLDS

Total Households 115
Average Household Size 1.87
Family Households 70
Average Family Size 2
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 RATE / YEAR

 2010-2020 2020-2025
Population 0.91% 0.82%
Households 0.89% 0.85%
Families 0.28% 0.57%
Median Household Income   1.2%
Per Capita Income   1.51%
Owner Occupied HU   0.74%

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Mount Gretna, PA - Peer Comparisons by Rank and Percentile

The table below compares Mount Gretna 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.

Variable Description Rank Percentile
Total Population # 1598 9th
Population Density # 849 52nd
Median Household Income # 532 70th
Housing Affordability Index # 569 32nd
Per Capita Income # 164 91st
Diversity Index # 950 46th

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

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