Median rent for residential apartments in as of Aug, 2020.
Be informed, make custom offers based only on median rent prices. But keep in mind, that price depends on size/amenities of the apartment.
51 Norristown, PA, USA apartments for rent
Norristown
Norristown, PA has a population of 34,556, while the median age is 32.5. The household income in Norristown, PA is around $45,017. The homeownership rate among the residents is 39. The median residential property value in Norristown, PA that you should keep in mind is $153,300.
| Population | 34,556 |
| Median Age | 32.5 |
| Poverty Rate | 21% |
| Household Income | $45,017 |
| Number Of Employees | 16,713 |
| Median Property Value | $153,300 |
Business & Economy
Wage by Common Jobs
Average salary in Norristown, PA: $48,931
- 1. Miscellaneous managers$98,157
- 2. Registered nurses$66,512
- 3. Elementary & middle school teachers$59,507
- 4. Firstline supervisors of retail sales workers$51,699
- 5. Driver/sales workers & truck drivers$47,100
Highest Paid Occupations
Numbers claim that the highest paid jobs in Norristown, PA are Life, Physical, Social Science Occupations, Computer & Mathematical Occupations, Computer, Engineering, Science Occupations, Business & Financial Operations Occupations and Law Enforcement Workers Including Supervisors.
Highest Paid Industries
Keeping in mind that the employment rate changed by 3% recently, there must be a strong understanding of industries people of Norristown, PA work in. The highest paid industries are Utilities, Professional, Scientific, Technical Services, Finance & Insurance, Finance & Insurance, Real Estate & Rental & Leasing and Real Estate & Rental & Leasing.
Demographics
Race & Ethnicity
According to latest census, Norristown, PA is a home for 44 white residents. The second common group is black with 39 residents. The list of the most common racial or ethnic groups is closed by latino with 10 residents.
Non-English Speakers
Education
Past year Norristown, PA universities awarded around 306,600 degrees. Statistics show that the population of students in Norristown, PA includes 153,300 female students and 153,300 male students. Norristown, PA offers private and public tuition with a median cost of $n/a for private four-year colleges and $n/a for in-state public four-year colleges. The largest university of this city is the Premier Barber Institute with the majority of graduates. The share of the public colleges in Norristown, PA is 0 and 100 go to the private colleges.
Universities
- 1. Premier Barber Institute9 graduates
- 2. Professional Academy of Cosmetology2 graduates
Public vs Private
- Public100%
- Private0%
Health and Safety
Patient to Clinical Ratios
Primary care physicians in Norristown, PA see an average of
| 954 | patients, dentists |
| 360 | patients, metal health providers |
| 1270 | patient and other healthcare providers |
| 701 | patients pet year |
Transportation
Commute Time
Average travel time: 25.24 minutes
- USA
- Norristown, PA
Commuter Transportation
Citizens of Norristown, PA travel to their offices around 25.24 minutes lately and drove alone to get there. The rest of the residents carpooled and used public transit.
- USA
- Norristown, PA
Housing Trends
Norristown, PA, USA Housing Trends
Average rent in Norristown: $1,606 (+7.1%)
| Rent Price | Aug | vs Last Month |
|---|---|---|
| 1 bed apartments | $1,402 | +1.6% |
| 2 bed apartments | $1,681 | +3.7% |
| 3 bed apartments | $2,110 | +10.3% |
| 4+ bed apartments | $1,805 | +25.7% |
Over the Aug 2020, the average rent for an apartment in/near Norristown, PA increased by 7.1% to $1,606.
Breaking it down in details, we now see that the average price for 1-bed apartment increased by 1.6% to $1,402. Pricing for 2-bed apartment also increased by 3.7% and a place of this size will now cost you $1,681. 3-bed apartment rent pricing starts at $2,110, it increased by 10.3% lately. We tend to note the rise of 4- and more bed apartment pricing. It increased by 25.7% and made it up to $1,805.
| Rent Type Price | Aug | vs Last Month |
|---|---|---|
| Apartment rentals | $1,553 | +3.9% |
| Townhouse rentals | $1,641 | +4.2% |
| House rentals | $2,414 | +70.9% |
| Loft rentals | $1,552 | -3% |
The median rent for an apartment in Norristown, PA increased by 3.9% to $1,553. Statistics show that house rent price increased by 70.9% this month making it up to $2,414. The median rent for a loft faced changes as well, it decreased by 3%, the price tag now starts at$1,552. The median rent for a townhouse increased by 4.2%, you’ll have to spend around $1,641 to get one.
Rent vs Own
- Rent39%
- Own61%
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