Is West Chester PA affluent?

Median household income in West Chester, PA is $65,027. In 2021, the place with the highest median household income in West Chester, PA was Census Tract 3025 with a value of $71,250, followed by Census Tract 3024 and Census Tract 3023, with respective values of $70,000 and $63,929.

Is West Chester PA a wealthy area?

This equates to an annual income of $148,680 for a family of four. However, West Chester contains both very wealthy and poor people as well.

Why is West Chester PA so expensive?

Why is West Chester, PA so expensive? In short: the low property taxes. West Chester has lots of corporations that provide provide tax revenue, which reduces the tax-burden on residents. Nowhere else in the area can you get this quality of government services with that level of property taxes.

What is the most affluent city in PA?

The No. 1 richest city in Pennsylvania in our ranking is Sewickley Heights, a borough composed of just 276 households, situated in the Pittsburgh metro area. In Sewickley Heights, the median household income is $228,000, while its mean household income of $381,964, is the highest in Pennsylvania.

What is the wealthiest town in Chester County PA?

West Pikeland

The median household income for this small 4,000 population town is $261,593. Around 98.1 percent of the residents own homes.

12 Things You MUST Know Before Moving To West Chester PA

What is the upper class income in PA?

How much does an Upper Class make in Pennsylvania? As of Feb 20, 2024, the average annual pay for the Upper Class jobs category in Pennsylvania is $51,500 a year. Just in case you need a simple salary calculator, that works out to be approximately $24.76 an hour. This is the equivalent of $990/week or $4,291/month.

Is West Chester PA a nice town?

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.

Where do the rich people live in PA?

As of 2020, the wealthiest county in Pennsylvania is Chester County with a $104,161 median household income followed by Montgomery County ($93,518) and Bucks County ($93,181). While there are wealthy locations in the suburbs of other cities, they tend to be more condensend into small locations.

Do any billionaires live in PA?

Eagles owner Jeffrey Lurie, Phillies owner John Middleton, and Fanatics founder Michael Rubin all made the list, along with Susquehanna International Group managing director Jeff Yass. Yass, Pennsylvania's richest resident, has a net worth of $28.9 billion, according to Forbes.

What is the richest school district in PA?

The school district includes residents of both Lower Merion Township and the Borough of Narberth. Established in 1836, LMSD is one of the oldest districts in Pennsylvania. It is the wealthiest school district in the state, and one of the wealthiest school districts in the country.

Where is the best place to live in West Chester PA?

Chatwood is a small neighborhood in West Chester, Pennsylvania, located north of downtown West Chester and south of the West Chester University campus. It is a quiet neighborhood with a mix of single-family homes, apartments, and townhomes. Chatwood is a popular choice for families, young professionals, and retirees.

How many millionaires are in Chester County PA?

The top counties

Montgomery County leads all Pennsylvania counties with 2,982 millionaires. Montgomery's millionaires earned a combined taxable income of more than $8.2 billion, according to the data. Next is neighboring Chester County, with 2,000 individuals reporting a combined taxable income of $5.2 billion.

Is West Chester PA a big town?

When calculated by mailing address, the population as of the 2010 U.S. Census was 108,696, which would make it the 10th largest city by mailing address in the state of Pennsylvania. Much of the West Chester University of Pennsylvania North Campus and the Chester County government are located within the borough.

What is the middle class in PA?

The number they came up with is the minimum annual income required in 2023 for a family of four to be middle class in our state. That number is $67.830.

Which is wealthiest county in PA?

Chester County, with a median household income of over $100,00 and an average home value of over $500,000, takes the crown as the wealthiest county in Pennsylvania. Its rolling hills and charming towns make it a sought-after destination for those seeking an idyllic suburban lifestyle.

Who is the richest family in PA?

1. Jeff Yass. Yass, the richest person in Pennsylvania, drew attention this spring for spending at least $18 million on the primary elections. He usually backs candidates who support alternatives to public schools.

Who is the richest person in Chester County PA?

Four local billionaires are among the world's richest, and at one point have called Chester County home, according to Forbes, writes Katie Krzaczek for The Philadelphia Inquirer. Coatesville's Mary Alice Dorance Malone has a net worth of $4.1 billion and is considered Campbell's Soup largest shareholder.

Who are the 10 richest people in Pennsylvania?

Where do most white people live in Pennsylvania?

Racial & Ethnic Trends in Pennsylvania

The county with the largest percentage of white population in 2020 was Bedford County (95.8%).

What is poorest county in PA?

Per the list, the poorest county in Pennsylvania is Cameron County. Cameron County has a poverty rate of 15% and an unemployment rate of 5.7%. 4,536 people live in Cameron County.

What is the most expensive area to live in PA?

As of 2020, State College is the most expensive area to live in Pennsylvania. Home to the main campus of Pennsylvania State University, this rural borough's identity, economy, and history are closely tied to the school.

Why live in West Chester PA?

West Chester is a charming borough in Pennsylvania. Originally a center for clockmaking in the 18th century, West Chester is now known for its historic architecture, growing economy, and busy college campus. West Chester is close to Philadelphia, making it a great place to live for commuters.

What are some interesting facts about West Chester PA?

West Chester has a lot of interesting history. The very first biography of Abraham Lincoln was published there, and, during World War II, the borough produced more penicillin than anywhere else in the united states – which is quite an achievement.

Is West Chester PA walkable?

Pennsylvania's third most walkable city is West Chester, with a score of 74 and a population of about 18,000. In five minutes, residents can walk to an average of eight restaurants, bars and coffee shops.