Sweden Valley, PA Profile: Facts & Data

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Sweden Valley, Pennsylvania - Basic Facts

The Sweden Valley Census Designated Place had a population of 205 as of July 1, 2020. Sweden Valley ranks in the lower quartile for Population Density when compared to the other cities, towns and Census Designated Places (CDPs) in Pennsylvania. See peer rankings below.

The primary coordinate point for Sweden Valley is located at latitude 41.7565 and longitude -77.9503 in Potter County. The formal boundaries for the Sweden Valley Census Designated Place encompass a land area of 1.03 sq. miles and a water area of 0 sq. miles. Potter County is in the Eastern time zone (GMT -5). The elevation is 1,788 feet.

The Sweden Valley Census Designated Place (GNIS ID: 2630042) 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 Sweden Valley Census Designated Place is located within Township of Sweden, a minor civil division (MCD) of Potter County.


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

POPULATION

Total Population 205 (100%)
Population in Households 188 (91.7%)
Population in Families 159 (77.6%)
Population in Group Quarters1 17 ( 8.3%)
Population Density 199
Diversity Index2 9
 
 

INCOME

Median Household Income $54,182
Average Household Income $70,579
% of Income for Mortgage4 11%
Per Capita Income $26,587
Wealth Index5 72
 

HOUSING

Total HU (Housing Units) 108 (100%)
Owner Occupied HU 72 (66.7%)
Renter Occupied HU 14 (13.0%)
Vacant Housing Units 22 (20.4%)
Median Home Value $147,826
Average Home Value $171,875
Housing Affordability Index3 233
 

HOUSEHOLDS

Total Households 86
Average Household Size 2.19
Family Households 62
Average Family Size 3
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 -0.82% -0.79%
Households -0.66% -0.71%
Families 0.65% -0.65%
Median Household Income   2.09%
Per Capita Income   2.57%
Owner Occupied HU   -0.85%

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Sweden Valley, PA - Peer Comparisons by Rank and Percentile

The table below compares Sweden Valley 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 # 1615 8th
Population Density # 1669 5th
Median Household Income # 933 47th
Housing Affordability Index # 1225 70th
Per Capita Income # 1144 35th
Diversity Index # 1143 35th

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

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