Families in Allentown earn a median $47,463 a year, and the typical owned home is worth $242,400. A simple rule puts the need for a typical family here at about $650,000. Term life is usually the lowest cost way to get there.
Allentown by the numbers
- Median household income
- $47,463Lower than the Pennsylvania median of $77,545
- Typical home value
- $242,400Lower than the Pennsylvania median of $277,600
- Homes owned
- 44%66% of owned homes have a mortgage
- Households with kids
- 37%43,767 households in all
- Age 65 and older
- 13%Median age 33.7
- Veterans
- 2,0232.2% of adults
Living in Allentown
Allentown is the 3rd largest city in Pennsylvania, with 127,225 residents and a median age of 33.7. That is younger than the state as a whole, so more families here are in the years when term life matters most.
The median household here earns $47,463, below the US median of $81,604. The typical home costs about 5.1 times that income, a heavy load for one paycheck to carry alone.
Compared with nearby Philadelphia (44 miles away), homes in Allentown are worth about the same ($242,400 vs $253,600), and more households have kids at home.
The biggest hands on job group here is driving and moving goods, at 16.1% of workers. Drivers who switch carriers often lose their work coverage, so a policy they own matters.
Who works in Allentown
The biggest groups of hands on and front line jobs here, as a share of all workers. Some of these jobs can change your price, and some companies treat them better than others.
What fits families in Allentown
66% of owned homes in Allentown still have a mortgage. If your family would struggle to make that payment without you, size a policy to the loan. More on mortgage protection
37% of households here have kids under 18. Term life covers the years they depend on you for the lowest price. More on term life
13% of people in Allentown are 65 or older, lower than the Pennsylvania rate. A small policy keeps funeral costs off the family. More on final expense
About 2,023 veterans live in Allentown. VGLI is not your only choice. More on veterans
Final expense and burial insurance in Allentown
About 16,700 people in Allentown are 65 or older. A small final expense policy, also called burial insurance, pays for the funeral so the family does not have to.
| Age | Women, $10,000 | Men, $10,000 |
|---|---|---|
| 60 | $33 | $43 |
| 70 | $53 | $70 |
| 80 | $98 | $134 |
National sample rates, Choice Mutual, Rates valid as of March 9, 2026. Not a quote. Funeral costs and help in Pennsylvania
Pennsylvania rules that protect you
- Free look: 10 days to return a new policy for a refund
- Grace period: 31 days if you miss a payment
- Guaranty protection: up to $300,000 in death benefits
- Help line: Pennsylvania Insurance Department, 1-877-881-6388
Common questions in Allentown
How much life insurance do I need in Allentown?
A quick rule of thumb: 10 years of income plus what you owe on your home. With Allentown's median household income of $47,463 and a typical home value of $242,400, that lands near $650,000 for a typical family. Your number depends on your debts, kids and savings. Our calculator does the math.
Can I get life insurance in Allentown without a medical exam?
Often, yes. Many companies approve healthy people with health questions and records instead of an exam. Older buyers can also look at simplified issue or guaranteed issue final expense plans.
Do I need an agent licensed in Pennsylvania?
Yes. An agent must hold a Pennsylvania license to sell you a policy. You can check a license with the Pennsylvania Insurance Department at 1-877-881-6388.
What does a funeral cost near Allentown?
Local prices vary by funeral home. Nationally, the median funeral with viewing and burial was $8,300 in 2023, and $6,280 with cremation (NFDA). Under the FTC Funeral Rule, any funeral home in Allentown must give you an itemized price list.
Source: FTC Funeral Rule · NFDA price study
What happens if my insurance company fails in Pennsylvania?
The Pennsylvania Life & Health Insurance Guaranty Association protects Pennsylvania policyholders up to $300,000 in death benefits, per insured person.
Source: Pennsylvania Life & Health Insurance Guaranty Association · NOLHGA: how you are protected
Near Allentown
Philadelphia (44 mi), Pittsburgh (236 mi)
Sources
Local numbers are Census American Community Survey 2024 one year estimates for Allentown, PA. The coverage figure is a rule of thumb, not advice.
