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Hershey, PA
Full City Profile · Pennsylvania · Lebanon County County
3.6
/5.0
B+
Good
14,334
Population
1,002/sq mi density
$78,750
Median Income
$51,671 per capita
$339,300
Home Value
$391,872 Zillow
$1,241
Median Rent
27.4% income on rent
54°F
Avg Temperature
275 sunny days/yr
308
Violent Crime/100K
1,770 property/100K
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.4 / 5.0
$78,750 median income, 2.9% unemployment
A
Affordability
4.3 / 5.0
$339,300 home value, $1,241/mo rent
F
Safety
1.0 / 5.0
308 violent crimes/100K
A+
Education
4.9 / 5.0
49.1% bachelor's degree or higher
Housing Overview
Median Home Value
$339,300
20% above
US avg: $281,900
Median Rent
$1,241/mo
7% above
US avg: $1,163/mo
Homeownership Rate
54.9%
16% below US avg (65.4%)
Total Housing Units
5,910
Median year built: 1970
Home Value by Source
Census Median
$339,300
Zillow (ZHVI)
$391,872
Median Sale Price
$337,500
Median List Price
$375,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
54.9%
Owner-Occupied
45.1%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$900/mo
1 Bedroom
$996/mo
2 Bedroom
$1,225/mo
3 Bedroom
$1,570/mo
4 Bedroom
$1,744/mo
Census median rent:
$1,241/mo
Market Indicators (Redfin)
Median Days on Market
19 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
12
Price Drops
38.5%
of listings with price reduction
Price Per Sq Ft
$187
Active Inventory
13
homes for sale
Affordability & Housing Stock
Rent Burden
27.4%
of renters spending 30%+ of income on housing
12% below US avg (31.0%)
Median Year Built
1970
Average age of housing stock: 56 years
Homeownership Rate
54.9%
Complete Housing Data
Home Values
| Census Median Value | $339,300 |
| Zillow Home Value (ZHVI) | $391,872 |
| Median Sale Price | $337,500 |
| Median List Price | $375,000 |
| Price Per Sq Ft | $187 |
Rent
| Census Median Rent | $1,241 |
| FMR Studio | $900 |
| FMR 1-Bedroom | $996 |
| FMR 2-Bedroom | $1,225 |
| FMR 3-Bedroom | $1,570 |
| FMR 4-Bedroom | $1,744 |
Market
| Days on Market | 19 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 38.5% |
| Homes Sold | 12 |
| Active Inventory | 13 |
| Price Per Sq Ft | $187 |
Ownership & Stock
| Owner-Occupied | 54.9% |
| Renter-Occupied | 45.1% |
| Homeownership Rate | 54.9% |
| Total Housing Units | 5,910 |
| Median Year Built | 1970 |
| Rent Burden | 27.4% |