Galeton, PA Profile: Facts & Data

The Borough of Galeton had a population of 985 as of July 1, 2024. Galeton ranks in the lower quartile for 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 Galeton is located at latitude 41.7331 and longitude -77.6419 in Potter County. The formal boundaries for the Borough of Galeton encompass a land area of 1.27 sq. miles and a water area of 0.02 sq. miles. Potter County is in the Eastern time zone (GMT -5).

The Borough of Galeton 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.

Galeton, PA Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	985 (100%)
Population in Households	985 (100.0%)
Population in Families	645 (65.5%)
Population in Group Quarters¹	0
Population Density	775
Diversity Index²	10


INCOME
Median Household Income	$44,138
Average Household Income	$53,687
% of Income for Mortgage⁴	12%
Per Capita Income	$26,162
Wealth Index⁵	36
Socioeconomic Status Index⁶	Moderate (47.0)

HOUSING
Total HU (Housing Units)	585 (100%)
Owner Occupied HU	305 (52.1%)
Renter Occupied HU	175 (29.9%)
Vacant Housing Units	105 (17.9%)
Median Home Value	$83,678
Average Home Value	$107,213
Housing Affordability Index³	200

HOUSEHOLDS
Total Households	480
Average Household Size	2.05
Family Households	243
Average Family Size	3.00

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.
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.

Galeton, PA - Peer Comparisons by Rank and Percentile

The table below compares Galeton 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.

GROWTH RATE / YEAR	2020-2024	2024-2029
Population	-0.12%	-0.33%
Households	0.35%	0.21%
Families		0.08%
Median Household Income		2.68%
Per Capita Income		3.59%
Owner Occupied HU		0.71%

Variable Description	Rank	Percentile
Total Population	# 1004	50th
Population Density	# 1279	36th
Median Household Income	# 1872	7th
Housing Affordability Index	# 1856	93rd
Per Capita Income	# 1841	8th
Diversity Index	# 1730	14th

Galeton, PA Profile: Facts & Data

Galeton, Pennsylvania - Basic Facts

Galeton, PA Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Galeton, PA - Peer Comparisons by Rank and Percentile

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