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The total population of Hallstead is estimated to be 1,345 with 622 males (46.25%) and 723 females (53.75%). There are 101 more females than males in Hallstead.
The median household income in Hallstead was $42,966 in 2021, which marked an an increase of 2,395(5.90%) from $40,571 in 2020. This income is 57.59% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Hallstead sees its highest median household income among householders in the age group of 25 to 44 years old, at $89,288. Overall, the median household income for the borough of Hallstead stands at $42,966.
In Hallstead, the median income for all workers aged 15 years and older, regardless of work hours, was $32,427 for males and $24,239 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $51,699 for males and $38,833 for females.
In Hallstead, population is primarily represented by White households, reporting a median income of $42,372.
In 2022, the population of Hallstead was 1,160, a 1.11% decrease year-by-year from 2021. Previously, in 2021, Hallstead's population was 1,173, an increase of 0.09% compared to a population of 1,172 in 2020.
The median age in Hallstead, PA is 45.4, as per 2021 ACS 5-Year Estimates. Of the total population, 17.71% were under the age of 15, 16.44% aged 15 to 29, 48.38% aged 30 to 64, 15.81% aged 65 to 84, and 1.66% were 85 years of age and older.
Racial distribution of Hallstead population: 97.31% are White, 0.95% are Black or African American and 1.74% are multiracial.