HomePennsylvaniaLackawanna CountyOld Forge borough
Old Forge borough, Pennsylvania: commercial real estate data.
Old Forge borough is a Census borough of 8,573 people across 3.43 square miles of land, in Lackawanna County. Median household income is $71,812, 70.0 percent of occupied homes are owned, and the SBA record carries 9 7(a) approvals to borrowers here worth $1.7 m.
80 sourced place values · tier FULL · 9 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Old Forge
What Old Forge is
- Census place typeborough
- Land area3.43 sq mi
- Water area0 sq mi
- Population per square mile of land2,501
- County holding the largest share of its areaLackawanna County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Old Forge
How many people live in Old Forge
- Population8,573
- Median age47.4
- Population under 181,588
- Share under 1818.5 percent
- Population 65 and over2,099
- Share 65 and over24.5 percent
- Households3,786
- Family households2,080
- Share of households that are families54.9 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Old Forge
Income and work in Old Forge
- Median household income$71,812
- Per capita income$40,219
- Civilian labor force4,533
- Employed4,285
- Unemployed248 plus or minus 152
- Unemployment rate5.5 percent plus or minus 3.3
- Adults 25 and over6,631
- Adults 25 and over with a high school diploma or higher93.7 percent
- Adults 25 and over with a bachelor degree or higher30.3 percent
- Adults 25 and over with a graduate degree12.5 percent plus or minus 3.5
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Old Forge
Housing in Old Forge
- Housing units3,959
- Occupied units3,786
- Vacant units173 plus or minus 148
- Vacancy rate4.4 percent plus or minus 3.7
- Owner occupied2,649
- Renter occupied1,137 plus or minus 257
- Ownership rate70.0 percent
- Median owner-occupied home value$174,400
- Median gross rent, monthly$859
- Annual rent as a share of median income14.4 percent
- Single family units2,963
- Share single family74.8 percent
- Units in buildings of two or more924 plus or minus 252
- Share in buildings of two or more23.3 percent plus or minus 5.9
- Mobile homes72 plus or minus 54
- Median year structure built1960
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Old Forge
How Old Forge gets to work
- Workers 16 and over who commute3,832
- Commuting under 15 minutes1,407 plus or minus 338
- Share commuting under 15 minutes36.7 percent plus or minus 8.3
- Commuting 30 minutes or more1,087 plus or minus 287
- Share commuting 30 minutes or more28.4 percent plus or minus 7.1
- Drove alone76.7 percent
- Carpooled11.6 percent plus or minus 6.4
- Public transport0.0 percent
- Walked1.6 percent plus or minus 1.3
- Worked from home9.1 percent plus or minus 4.1
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Old Forge
SBA loans in Old Forge (7(a))
- Approvals9
- Gross approval$1,650,500
- Average approval$183,389
- Median approval$65,000
- Ninetieth percentile approval$655,000
- Largest approval$655,000
- Jobs supported89
- Jobs per approval9.9
- Loans with a final outcome1
- Paid in full0
- Charged off1
- Median term120 months
- Share on real estate terms of 20 years or more11.1 percent
- Share to franchises0.0 percent
- Distinct lenders7
- Distinct industries by NAICS7
A charge-off rate is not published here. only 1 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Old Forge
SBA loans in Old Forge (504)
- Approvals3
- Gross approval$1,753,000
- Average approval$584,333
- Median approval$241,000
- Largest approval$1,333,000
- Jobs supported42
- Loans with a final outcome1
- Charged off1
- Median term240 months
- Distinct CDCs2
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Old Forge
Flood risk in Old Forge
- Listed NFIP communities1
- Of those, participating1
- NFIP community number420535
- Currently effective map date08/05/20
This community carries no Community Rating System class, so no CRS premium discount applies to it.
FEMA, National Flood Insurance Program Community Status Book, Community Status Book, as retrieved.
Lackawanna County, not Old Forge
Lackawanna County context, not Old Forge figures
These are Lackawanna County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Old Forge measurements.
- Establishments in Lackawanna County5,198
- Employment at those establishments, Lackawanna County91,059
- Covered employment, Lackawanna County98,108
- Average annual pay, Lackawanna County$53,720
- Average weekly wage, Lackawanna County$1,033
- Housing units permitted, Lackawanna County250
- Of those, single family, Lackawanna County204
- County product, 2024, Lackawanna County$13,421,381,000
- County product change over the prior year, Lackawanna County4.0 percent
- Average income of an arriving household, Lackawanna County$57,737
Every figure in this section is published for Lackawanna County as a whole and is not a measurement of Old Forge. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Old Forge questions, answered from the record.
How many people live in Old Forge, Pennsylvania?
8,573, in 3,786 households. Old Forge borough covers 3.43 square miles of land, which is 2,501 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Old Forge in?
Lackawanna County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Old Forge?
$71,812. The median owner-occupied home is valued at $174,400. Median gross rent is $859 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Old Forge businesses?
9 7(a) approvals totalling $1.7 m, across 7 lenders, median approval $65,000, plus 3 504 approvals worth $1.8 m. These count approvals to borrowers whose address is in Old Forge, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Old Forge borrowers get paid back?
No rate is published for Old Forge. only 1 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Is Old Forge in the National Flood Insurance Program?
Yes. Old Forge appears in the FEMA Community Status Book as community 420535, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Old Forge figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Lackawanna County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Old Forge.
Is zoning published for Old Forge?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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