The age distribution of the borough, overwhelmingly influenced by its student population, was 5.1% under the age of 18, 70.6% from 18 to 24, 13.1% from 25 to 44, 6.5% from 45 to 64, and 4.7% who were 65 years of age or older. The median income for a household in the borough was ,513, and the median income for a family was ,953. 46.9% of the population and 9.8% of families are below the poverty line.
Out of the total population, 10.6% of those under the age of 18 and 2.2% of those 65 and older are living below the poverty line.
The Penn State IFC/Panhellenic Dance Marathon, commonly referred to as THON, is a 46-hour Dance Marathon that takes place every February on the University Park campus with the purpose of raising money for the Four Diamonds Foundation.State College is a college town, dominated economically and demographically by the presence of the University Park campus of the Pennsylvania State University (Penn State).Though "Happy Valley" is another often-used term to refer to the State College area, the term also includes the borough and the townships of College, Harris, Patton, and Ferguson.22,681 or 54.0% of borough residents were males and 19,353 or 46.0% were females.A 2014 estimate had the racial makeup of the borough as 78.9% Non-Hispanic White, 5.6% Black or African American, 0.5% Native American and Alaska Native, 11.5% Asian, 0.1% Native Hawaiian and other Pacific Islander, 0.8% Some other race, and 2.2% two or more races. Of the 12,610 households, 9.1% had children under the age of 18 living with them, 18.2% were married couples living together, 3.8% had a female householder with no husband present, 2.4% had a male householder with no wife present, and 75.6% were non-families.