Medicare in ZIP Code
18940
—
Newtown
29797
Population
40.263
Latitude
-74.9555
Longitude
Demographic Data
ZIP code 18940 is located in Bucks County, Pennsylvania, centered near Newtown, with a total population of 29,797 and a median age of 45.4. This is a urban community where 21.3% of residents are 65 or older (approximately 6,346 individuals), moderately above the national average. This aging population benefits from robust Medicare plan options and community-based health resources. The racial and ethnic composition includes 81.3% White, 1.6% Black/African American, 4.4% Hispanic/Latino, 8.1% Asian. The community is highly educated, with 67.1% of adults holding a bachelor's degree or higher, which often correlates with greater health literacy and proactive engagement with Medicare plan selection.
Economic Metrics
The median household income is $157,591, above the national median. Higher-income Medicare beneficiaries should note that Income-Related Monthly Adjustment Amounts (IRMAA) may apply to Part B and Part D premiums for individuals earning above $106,000 or couples above $212,000 annually. The poverty rate is relatively low at 3.9%. The unemployment rate is 5.7%. The median home value is $623,300 and median monthly rent is $2,227. Medicare beneficiaries in Bucks County should explore all available plan options during Open Enrollment (October 15 – December 7) or consult the Pennsylvania SHIP (State Health Insurance Assistance Program) for free, unbiased counseling on choosing the right coverage.