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The labor force participation rate in Raccoon is 63.1%, with an unemployment rate of 2.8%. For all those into the labor pool, the average commute time is 31.6 minutes. 9.8% of Raccoon’s community have a grad degree, and 12.7% have earned a bachelors degree. Among those without a college degree, 31.1% have at least some college, 41.4% have a high school diploma, and just 5% possess an education less than twelfth grade. 1.7% are not included in medical insurance.
Raccoon, Pennsylvania is situated in Beaver county, and has a population of 2950, and is part of the higher Pittsburgh-New Castle-Weirton, PA-OH-WV metropolitan region. The median age is 50.9, with 8.9% regarding the populace under 10 years old, 9.3% between 10-19 years old, 8.8% of inhabitants in their 20’s, 8.9% in their thirties, 12.3% in their 40’s, 20.1% in their 50’s, 16.7% in their 60’s, 9.9% in their 70’s, and 5.1% age 80 or older. 50% of inhabitants are men, 50% women. 66.9% of inhabitants are reported as married married, with 7.6% divorced and 19% never wedded. The percentage of men or women recognized as widowed is 6.4%.
The typical household size in Raccoon, PA is 2.86 household members, with 91.4% owning their own homes. The average home appraisal is $169649. For individuals paying rent, they pay out on average $719 per month. 60.3% of families have dual sources of income, and a median household income of $74228. Median individual income is $35542. 4.7% of citizens are living at or beneath the poverty line, and 11.8% are disabled. 13.8% of residents of the town are veterans associated with the armed forces.