Bucks County
Pennsylvania ยท Pop. 628,341
Ranked #94 of 200 counties
42Moderate
Median Home Price
๐$420K
3.5% YoY
Median Rent
๐$1,650
Median Income
๐ฐ$88K
Rent Burden
๐26.0%
% of income to rent
Housing Shortage
๐๏ธ6,000
estimated unit deficit
Building Permits (2024)
๐2,500
Price-to-Income Ratio
โ๏ธ4.8x
Homeownership Rate
๐ก76.5%
How Bucks County Compares
| Metric | Bucks County | Pennsylvania | National |
|---|---|---|---|
| Home Price | $420K | $260K | $410K |
| Rent | $1,650 | $1,197 | $1,500 |
| Income | $88K | $74K | $75K |
| Rent Burden | 26.0% | 31.5% | 30.0% |
| Homeownership | 76.5% | 69.0% | 65.0% |
Key Takeaways
- โข Home prices are 2% above the national average.
- โข Rent is 10% above the national average.
- โข The county has an estimated housing shortage of 6,000 units.
- โข 2,500 building permits were issued in 2024.
- โข Year-over-year home prices changed by 3.5%.