19040 ZIP Code Demographics & Rankings

ZIP Code Type: STANDARD
County: Montgomery County
Centroid: Latitude 40.178, Longitude -75.109
Time Zone: Eastern Time Zone (UTC -5 hours)
Observes DST: Yes

ZIP Code 19040 has segments in 2 Counties (Bucks, Montgomery).

Businesses Addresses: 709
PO Box Addresses: 150
Residential Addresses: 8,802

Multi-Family Addresses: 1,572
Single Family Addresses: 7,230

The ZIP Code maps and database are updated 4 times per year.
Database updated: January 1, 2021, Maps updated: January 29, 2021.

Hatboro, PA 19040 Data & Demographics (As of July 1, 2020)

POPULATION
Total Population	21,991 (100%)
Population in Households	21,694 (98.6%)
Population in Families	17,480 (79.5%)
Population in Group Quarters¹	297 ( 1.4%)
Population Density	3,837
Diversity Index²	31


INCOME
Median Household Income	$77,393
Average Household Income	$99,596
% of Income for Mortgage⁴	15%
Per Capita Income	$40,067
Wealth Index⁵	113

HOUSING
Total HU (Housing Units)	9,556 (100%)
Owner Occupied HU	5,709 (59.7%)
Renter Occupied HU	3,133 (32.8%)
Vacant Housing Units	714 ( 7.5%)
Median Home Value	$283,303
Average Home Value	$300,206
Housing Affordability Index³	137

HOUSEHOLDS
Total Households	8,842
Average Household Size	2.45
Family Households	5,726
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.

Hatboro, PA 19040 - Peer Comparisons by Rank and Percentile

The table below compares 19040 to the other 1,656 ZIP Codes 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	0.33%	0.46%
Households	0.36%	0.46%
Families	0.21%	0.33%
Median Household Income		1.39%
Per Capita Income		2.01%
Owner Occupied HU		0.16%

Variable Description	Rank	Percentile
Total Population	# 175	89th
Population Density	# 151	91st
Median Household Income	# 247	85th
Housing Affordability Index	# 234	14th
Per Capita Income	# 233	86th
Diversity Index	# 344	79th

Hatboro, PA 19040 ZIP Code Profile

ZIP Code 19040: Basic Data & USPS Preferred City Name

Hatboro, PA 19040 Data & Demographics (As of July 1, 2020)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Hatboro, PA 19040 - Peer Comparisons by Rank and Percentile

Popular Places Near ZIP Code 19040

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