How Wealthy Is West Chester Pa?

Households in West Chester, PA have a median annual income of $62,092, which is less than the median annual income of $64,994 across the entire United States.

Is West Chester Pa affluent?

Everyone in Westchester Owns a Multimillion-Dollar Home
Fourteen percent of homes in the county are valued at a million dollars or higher, while the plurality, about 38 percent, fall between $500,000 to $999,999, according to government data.

Is Chester County the wealthiest county in PA?

To determine the wealthiest counties, SmartAsset compared all counties in the U.S. across three main metrics: investment income, property value, and per capita income. Chester County placed first in Pennsylvania with a wealth index of 30.09.

Is Chester County PA wealthy?

(CBS) – Chester County has been ranked the richest county in Pennsylvania, according to financial news website 247wallst.com. They used data from the U.S. Census Bureau to find the median household income in over 2,000 counties and county equivalents nationwide to identify the richest county in each state.

Is West Chester Pa a good area?

Amenities, job opportunities and great schools are part of West Chester’s appeal. The historic borough of West Chester is one of four Pennsylvania cities that landed on 2021’s Top 100 Best Places To Live in America, along with Bethlehem, State College and Pittsburgh.

Is West Chester a wealthy town?

Westchester County is home to some of the wealthiest towns in the country. An affluent suburb of New York City, Westchester is a train ride away from midtown Manhattan.

What is the richest town in PA?

1. Villanova, PA. Villanova is one of the wealthiest communities in Pennsylvania. Located in Montgomery and Delaware county, Villanova has a population of 8,213.

Where do millionaires live in Pennsylvania?

Fox Chapel Borough, Pennsylvania is being credited as the richest town in the Keystone State. Stacker.com compiled a list of the richest towns in all 50 U.S. states, which lists Fox Chapel Borough as having a median household income of $205,987 (199.8% more than the U.S. median income).

What is the whitest County in Pennsylvania?

Racial & Ethnic Trends in Pennsylvania
The county with the largest percentage of white population in 2020 was Bedford County (95.8%). Bedford was followed by Jefferson (95.5%), Elk and Armstrong (95.4%) and Potter (95.2%) counties.

What is considered upper class in PA?

Pew defines the upper class as adults whose annual household income is more than double the national median. In 2022, the national median household income is around $75,000, up from $68,000 in 2021.

What is the most desirable place to live in Pennsylvania?

Best Places to Live in Pennsylvania in 2022-2023

  • Pittsburgh, PA.
  • Harrisburg, PA.
  • Lancaster, PA.
  • Reading, PA.
  • Scranton, PA.
  • York, PA.
  • Philadelphia, PA.

What is West Chester Pa famous for?

The first biography of Abraham Lincoln was published in the borough. Thanks to the Sharples Separator Works, West Chester became a major industrial town at the turn of the 20th century. During World War II, West Chester produced more penicillin than anywhere else in the country.

What is the richest zip code in PA?

19035
10 Richest Pennsylvania Zip Codes

Rank Zip Code Mean Income
1 19035 $409,434
2 19085 $368,485
3 15142 $280,807
4 19066 $279,723

What is the average household income in West Chester?

$62,092
Table

Population
Mean travel time to work (minutes), workers age 16 years+, 2016-2020 22.7
Income & Poverty
Median household income (in 2020 dollars), 2016-2020 $62,092
Per capita income in past 12 months (in 2020 dollars), 2016-2020 $36,009

What is the safest city to live in Pennsylvania?

1. Collegeville, PA. Collegeville, Pennsylvania, is one of the safest places you can live in Pennsylvania and the entire nation, with a crime rate 85% below the national average.

What is it like to live in West Chester Pa?

West Chester is a suburb of Philadelphia with a population of 20,033. West Chester is in Chester County and is one of the best places to live in Pennsylvania. Living in West Chester offers residents an urban suburban mix feel and most residents rent their homes. In West Chester there are a lot of parks.

What is the richest town in USA?

1. Loyola, Los Altos, California. Loyola, California, is the richest neighborhood in America. The average household income in Loyola is $326,069, with the median income a little lower at $246,563.

Why is West Chester so expensive?

This is because of real estate taxes. Real Estate taxes in Westchester are a lot higher than the real estate taxes in Connecticut. In our example above, real estate taxes in Westchester is more than twice the real estate taxes in Connecticut.

What is the richest town on the east coast?

Scarsdale, New York
Scarsdale, New York, just happens to be the richest town on the East Coast. Just 35 minutes north of New York City, many of its residents work in the Big Apple.

Who is the richest family in PA?

1. Jeff Yass

  • Forbes list ranking: 155.
  • Net worth: $12 billion.
  • Age: 64.
  • Residence: Haverford.

What is the poorest town in Pennsylvania?

1) Johnstown
Unfortunately, Johnstown is the poorest city in Pennsylvania due to a combination of low salary and a lack of employment opportunities. The median household income is the lowest in Pennsylvania and the poverty rate is the fourth highest in the 19,569-person city.