Living in Bala Cynwyd, Pennsylvania
Cost of living, income, home prices, rent and demographics of Bala Cynwyd · Census data 2020–2024
Bala Cynwyd has 10,227 residents with a median age of 39.6. The median household income is $150,000 (92% higher than the Pennsylvania median), the median home value is $640,400, the median rent is $1,886/month.
Bala Cynwyd at a glance
- Population
- 10,227
- Median age
- 39.6State: 40.9
- Median household income
- $150,000State: $77,971
- Median home value
- $640,400State: $254,500
- Median rent
- $1,886/moState: $1,209
- Homeowners
- 69.9%
- Bachelor's degree or higher
- 75.7%
- Average commute
- 28 min
Is Bala Cynwyd a good place to live?
Pros: Median household income 92% higher than the Pennsylvania median; unemployment of 5.1%; a poverty rate of 11.4%.
Cons: Home values 152% higher than the state median; an average commute of 28 minutes.
The weather is best in May–June and September–October.
Cost of living in Bala Cynwyd
Housing is the biggest part of the cost of living. In Bala Cynwyd the median home value is $640,400, 92% higher than the U.S. median. Renters pay a median of $1,886 per month, which is 29.2% of household income. Homeowners with a mortgage pay $3,610 a month in housing costs.
Bala Cynwyd median household income
The median household income in Bala Cynwyd is $150,000 and the income per person is $92,895. 11.4% of residents live below the poverty line (Pennsylvania: 11.7%).
Housing in Bala Cynwyd: homes for sale and rent
- Housing units
- 4,332
- Owner-occupied
- 69.9%
- Renter-occupied
- 30.1%
- Vacant
- 7.8%Includes seasonal homes
- Median year built
- 1960
- Average household size
- 2.55
Bala Cynwyd demographics
- Population
- 10,227
- Median age
- 39.6
- Under 18
- 31%
- 65 and older
- 20.6%
- Households
- 3,992
- Foreign-born
- 12.8%
- Veterans
- 5.6%Adults 18+
Hispanic or Latino can be of any race. Population history of Bala Cynwyd ›
Education in Bala Cynwyd
75.7% of adults 25 and older in Bala Cynwyd have a bachelor's degree or higher (Pennsylvania: 35.2%), and 46.2% have a graduate or professional degree.
Jobs and commute in Bala Cynwyd
- Unemployment rate
- 5.1%State: 5.3%
- Average commute
- 28 minState: 26 min
- Work from home
- 31.8%
- Drive alone
- 53.9%
- Public transit
- 4.3%
- Walk to work
- 2.1%
- Homes with broadband
- 96.8%
Bala Cynwyd vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Bala Cynwyd | 10,227 | $150,000 | $640,400 | $1,886 |
| Merion Station | 5,788 | $250,001 | $886,600 | $2,461 |
| Narberth | 4,511 | $123,977 | $749,500 | $1,823 |
| Wynnewood | 2,766 | $221,705 | $882,900 | $2,038 |
| Penn Wynne | 6,070 | $150,298 | $555,500 | $1,905 |
| Lower Merion | 64,174 | $176,512 | $810,400 | $1,893 |
| Millbourne | 1,467 | $54,219 | $266,700 | $1,016 |
| Ardmore | 13,909 | $119,111 | $453,100 | $1,763 |
| Haverford College | 1,695 | $182,500 | — | $1,244 |
More for people moving to Bala Cynwyd
Bala Cynwyd ZIP code ›Weather and climate ›Living in Bala Cynwyd: FAQ
What is the median household income in Bala Cynwyd, PA?
The median household income in Bala Cynwyd is $150,000, 92% higher than the Pennsylvania median of $77,971 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Bala Cynwyd?
The median home value in Bala Cynwyd is $640,400, compared with $254,500 in Pennsylvania.
How much is rent in Bala Cynwyd?
The median gross rent in Bala Cynwyd is $1,886 per month, about 29.2% of household income.
Is Bala Cynwyd, PA a good place to live?
Pluses: median household income 92% higher than the Pennsylvania median; unemployment of 5.1%; a poverty rate of 11.4%. Minuses: home values 152% higher than the state median; an average commute of 28 minutes.
What is the median age in Bala Cynwyd?
The median age in Bala Cynwyd is 39.6 years (Pennsylvania: 40.9).
How long is the commute in Bala Cynwyd?
The average commute to work in Bala Cynwyd is 28 minutes; 31.8% of workers work from home.
What is the unemployment rate in Bala Cynwyd?
The unemployment rate in Bala Cynwyd is 5.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Bala Cynwyd?
75.7% of adults in Bala Cynwyd have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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