This section is generated from cached city metrics and clearly labeled state-level benchmarks. It is meant to make the Farrell page less generic and more useful for comparing housing, income, utilities, taxes, insurance, demographics, and nearby alternatives.
Affordability Summary
Population is 4,239, so Farrell should be compared with similar-size places before using broader Pennsylvania averages. Median household income is $40,405, so the best affordability read for Farrell is income versus housing, taxes, utilities, and insurance together.
Median home value is $76,200, so ownership costs in Farrell should be checked with mortgage, property tax, insurance, and maintenance assumptions. Two-bedroom rent is $832/mo, so renters can compare Farrell against ownership costs and nearby rental markets.
Housing and Income Context
For Farrell, income is more constrained, so utilities, rent, and taxes deserve extra attention. Home values are comparatively low, but maintenance, taxes, and utilities still matter.
Use the home value, rent, and income fields together before deciding whether Farrell looks more favorable for renting, buying, or comparing with Hermitage, PA.
Utility Cost Context
The residential electricity benchmark is $0.209/kWh, so Farrell households should treat usage, home size, heating, and cooling as the practical bill drivers. The electricity value shown for Farrell is a Pennsylvania state-level EIA benchmark, so it should not be read as a local provider tariff.
For Farrell, utility planning is stronger when the electric benchmark is paired with home age, square footage, insulation, HVAC equipment, and household occupancy.
Property Tax Context
Median property tax paid is $1,423, so Farrell buyers should still verify parcel-specific tax records before budgeting. Parcel boundaries, exemptions, school districts, and reassessment rules can move the actual bill for a Farrell address.
Compare the property tax field with home value rather than reading it by itself; a lower tax bill can still pair with a different assessment base or exemption profile.
Insurance and Risk Context
Insurance costs in Farrell depend on address-level factors such as roof condition, structure age, coverage limits, claims history, deductible choice, and carrier underwriting.
Home value, tax burden, and insurance exposure should be reviewed together for Farrell, especially when comparing with Hermitage, PA.
Population and Demographics
Median age is 46.4, so Farrell may have different school, commute, healthcare, and housing demand patterns than a statewide average. Bachelor+ share is 13.7%, so Farrell education context can be useful when reading labor-market and school sections.
Unemployment is 4.2%, so Farrell wage and job-market context should be compared with commute options and regional employment centers.