HomePennsylvaniaWyoming CountyNicholson borough
Nicholson borough, Pennsylvania: commercial real estate data.
Nicholson borough is a Census borough of 696 people across 1.16 square miles of land, in Wyoming County. Median household income is $67,344, 78.7 percent of occupied homes are owned, and the SBA record carries 8 7(a) approvals to borrowers here worth $960,300.
80 sourced place values · tier FULL · 9 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Nicholson
What Nicholson is
- Census place typeborough
- Land area1.16 sq mi
- Water area0.02 sq mi
- Population per square mile of land601
- County holding the largest share of its areaWyoming 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.
Nicholson
How many people live in Nicholson
- Population696
- Median age36.2
- Population under 18200 plus or minus 53
- Share under 1828.7 percent
- Population 65 and over100 plus or minus 35
- Share 65 and over14.4 percent plus or minus 4.4
- Households263
- Family households181 plus or minus 38
- Share of households that are families68.8 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Nicholson
Income and work in Nicholson
- Median household income$67,344 plus or minus $17,102
- Per capita income$27,366
- Civilian labor force358
- Employed342
- Unemployed16 plus or minus 18
- Unemployment rate4.5 percent plus or minus 5.0
- Adults 25 and over442
- Adults 25 and over with a high school diploma or higher94.3 percent
- Adults 25 and over with a bachelor degree or higher21.3 percent plus or minus 7.2
- Adults 25 and over with a graduate degree3.2 percent plus or minus 3.5
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Nicholson
Housing in Nicholson
- Housing units299
- Occupied units263
- Vacant units36 plus or minus 33
- Vacancy rate12.0 percent plus or minus 10.9
- Owner occupied207
- Renter occupied56 plus or minus 29
- Ownership rate78.7 percent
- Median owner-occupied home value$164,700
- Median gross rent, monthly$758 plus or minus $273
- Annual rent as a share of median income13.5 percent plus or minus 6.0
- Single family units230
- Share single family76.9 percent
- Units in buildings of two or more66 plus or minus 35
- Share in buildings of two or more22.1 percent plus or minus 11.0
- Mobile homes3 plus or minus 4
- Median year structure built1938
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Nicholson
How Nicholson gets to work
- Workers 16 and over who commute323
- Commuting under 15 minutes64 plus or minus 33
- Share commuting under 15 minutes19.8 percent plus or minus 9.6
- Commuting 30 minutes or more159 plus or minus 48
- Share commuting 30 minutes or more49.2 percent plus or minus 11.5
- Drove alone79.8 percent
- Carpooled9.1 percent plus or minus 6.8
- Public transport0.0 percent
- Walked3.5 percent plus or minus 4.9
- Worked from home5.6 percent plus or minus 4.0
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Nicholson
SBA loans in Nicholson (7(a))
- Approvals8
- Gross approval$960,300
- Average approval$120,038
- Median approval$100,000
- Ninetieth percentile approval$300,000
- Largest approval$300,000
- Jobs supported42
- Jobs per approval5.3
- Loans with a final outcome3
- Paid in full3
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises0.0 percent
- Distinct lenders2
- Distinct industries by NAICS5
A charge-off rate is not published here. only 3 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.
Nicholson
SBA loans in Nicholson (504)
- Approvals1
- Gross approval$312,000
- Average approval$312,000
- Median approval$312,000
- Largest approval$312,000
- Jobs supported2
- Loans with a final outcome0
- Charged off0
- Median term300 months
- Distinct CDCs1
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Nicholson
Flood risk in Nicholson
- Listed NFIP communities3
- Of those, participating3
- NFIP community number420915
- Currently effective map date08/02/12(M)
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.
Wyoming County, not Nicholson
Wyoming County context, not Nicholson figures
These are Wyoming County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Nicholson measurements.
- Establishments in Wyoming County633
- Employment at those establishments, Wyoming County8,032
- Covered employment, Wyoming County9,420
- Average annual pay, Wyoming County$61,337
- Average weekly wage, Wyoming County$1,180
- Housing units permitted, Wyoming County21
- Of those, single family, Wyoming County21
- County product, 2024, Wyoming County$1,865,587,000
- County product change over the prior year, Wyoming County-3.0 percent
- Average income of an arriving household, Wyoming County$64,393
Every figure in this section is published for Wyoming County as a whole and is not a measurement of Nicholson. 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
Nicholson questions, answered from the record.
How many people live in Nicholson, Pennsylvania?
696, in 263 households. Nicholson borough covers 1.16 square miles of land, which is 601 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Nicholson in?
Wyoming 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 Nicholson?
$67,344. The median owner-occupied home is valued at $164,700. Median gross rent is $758 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Nicholson businesses?
8 7(a) approvals totalling $960,300, across 2 lenders, median approval $100,000, plus 1 504 approvals worth $312,000. These count approvals to borrowers whose address is in Nicholson, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Nicholson borrowers get paid back?
No rate is published for Nicholson. only 3 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 Nicholson in the National Flood Insurance Program?
Yes. Nicholson appears in the FEMA Community Status Book as community 420915, 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 Nicholson figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Wyoming 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 Nicholson.
Is zoning published for Nicholson?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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