Cost of Living in Folsom, PA

Population 8,298 · Pennsylvania · Data vintage 2023

96
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Under 25,000 residents gives Folsom a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $269,000.

Geographically, Folsom sits roughly 13 miles southwest of Philadelphia. Median home values run roughly 16% higher than Philadelphia's $232,000.

Cost Overview

Housing 88
Rent 108

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Folsom

The median home value in Folsom is $268,500 — 12% below the national median of $305,000. Median rent runs $1,421/month, 8% higher than the national median of $1,314/month. The median household income of $100,544/year is 35% higher than the US median of $74,580. The local unemployment rate is 3.4%, below the national average of 4.8%. Pennsylvania's top state income tax rate is 3.1% and the combined sales tax is 6.3%. The climate averages highs of 65.2°F and lows of 47.3°F, with about 23.1" of annual snowfall. Overall, Folsom has a cost of living index of 96 versus the US average of 100, meaning it is 4% less expensive.

🏠 Housing

Median Home Value
$268,500
12% below avg
Zillow Home Value
$682,214
Zillow ZHVI
Median Rent
$1,421/mo
8% above avg
Price-to-Rent Ratio
15.7x
Favors buying
Property Tax Rate
1.6%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$779
1 BR
$871
2 BR
$1,065
3 BR
$1,337
4 BR
$1,547
Owner-occupied 79.3%
Renter-occupied 20.7%

💰 Estimated Monthly Budget

Rent median rent
$1,421
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,035/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
28.1 min
4% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
6.6%

Commute Mode

Drove alone
77.0%
Carpooled
8.8%
Public transit
4.2%
Walked
1.0%
Bicycle
0.6%
Work from home
6.6%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) 3.1%
Total Sales Tax 6.3%
State rate 6.0%
Avg local rate 0.3%
Property Tax 1.6%

💼 Income & Employment

Median Household Income
$100,544
35% above avg
Per Capita Income
$40,940
Unemployment Rate
3.4%
30% below avg
Poverty Rate
10.3%
Labor Force Participation
71.6%

🎓 Education

Bachelor's degree+ 23.6%
Graduate degree 7.3%

👥 Demographics

Median Age 38.9
Male median age 37.4
Female median age 40

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
65.2°F
Avg Low
47.3°F
Annual Precip
44.1"
Annual Snowfall
23.1"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 414453657483888679675646
Low °F 262834445464706861493931
Precip" 3.132.753.963.473.344.044.384.294.403.472.913.97
Snow" 7.18.43.60.30.00.00.00.00.00.00.23.5

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 50 — Good
51.2%
Good air days/yr
271
Max AQI recorded
253
PM2.5 days
111
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

92%
4-Year Graduation Rate
13.6:1
Student-teacher ratio
9
Public schools
5,612
Total enrollment

Frequently Asked Questions

What is the cost of living in Folsom, PA?

Folsom has a cost index of 96 (100 = national average). It is 4% below the national average.

What is average rent in Folsom, PA?

The median gross rent in Folsom is $1,421 per month based on 2023 Census data.

What is the average home price in Folsom?

The median home value in Folsom is $268,500 according to Zillow and Census data.

What is the median income in Folsom?

The median household income in Folsom is $100,544 per year (2023 ACS 5-year estimates).

What is the sales tax in Folsom, PA?

The combined state and local sales tax rate in Folsom is 6.3%. The Pennsylvania state income tax top rate is 3.1%.

Is Folsom, PA affordable?

Folsom is near the national average in terms of cost of living, with an index of 96 (100 = US average).

What is the weather like in Folsom?

Folsom has average high temperatures of 65.2°F and average lows of 47.3°F. Annual precipitation is 44.1". Average annual snowfall is 23.1". Data from NOAA 1991–2020 Climate Normals.

Folsom at a Glance

Population
8,298
Median Income
$100,544
Home Value
$268,500
Median Rent
$1,421/mo
Unemployment
3.4%
Avg High Temp
65.2°F
Sales Tax
6.3%
View all cities in Pennsylvania →
🗺️ County data for Pennsylvania

Explore county-level cost of living data

Similar Cost Cities

Cities in other states with comparable housing costs