Living in Collegeville, Pennsylvania
Cost of living, income, home prices, rent and demographics of Collegeville · Census data 2020–2024
Collegeville has 5,247 residents with a median age of 24.1. The median household income is $91,466 (17% higher than the Pennsylvania median), the median home value is $443,000, the median rent is $1,437/month.
Collegeville at a glance
- Population
- 5,247
- Median age
- 24.1State: 40.9
- Median household income
- $91,466State: $77,971
- Median home value
- $443,000State: $254,500
- Median rent
- $1,437/moState: $1,209
- Homeowners
- 75.8%
- Bachelor's degree or higher
- 55.2%
- Average commute
- 23 min
Is Collegeville a good place to live?
Pros: Median household income 17% higher than the Pennsylvania median; an average commute of 23 minutes; a poverty rate of 7.1%.
Cons: Home values 74% higher than the state median; unemployment of 6.7%.
The weather is best in May–June and August–September.
Cost of living in Collegeville
Housing is the biggest part of the cost of living. In Collegeville the median home value is $443,000, 33% higher than the U.S. median. Renters pay a median of $1,437 per month, which is 38% of household income. Homeowners with a mortgage pay $2,836 a month in housing costs.
Collegeville median household income
The median household income in Collegeville is $91,466 and the income per person is $47,844. 7.1% of residents live below the poverty line (Pennsylvania: 11.7%).
Housing in Collegeville: homes for sale and rent
- Housing units
- 1,655
- Owner-occupied
- 75.8%
- Renter-occupied
- 24.2%
- Vacant
- 2.5%Includes seasonal homes
- Median year built
- 1973
- Average household size
- 2.08
Collegeville demographics
- Population
- 5,247
- Median age
- 24.1
- Under 18
- 12.1%
- 65 and older
- 14.2%
- Households
- 1,614
- Foreign-born
- 4.9%
- Veterans
- 2.1%Adults 18+
Hispanic or Latino can be of any race. Population history of Collegeville ›
Education in Collegeville
55.2% of adults 25 and older in Collegeville have a bachelor's degree or higher (Pennsylvania: 35.2%), and 16.8% have a graduate or professional degree.
Jobs and commute in Collegeville
- Unemployment rate
- 6.7%State: 5.3%
- Average commute
- 23 minState: 26 min
- Work from home
- 23.5%
- Drive alone
- 56.7%
- Public transit
- 0.3%
- Walk to work
- 14.3%
- Homes with broadband
- 86.5%
Collegeville vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Collegeville | 5,247 | $91,466 | $443,000 | $1,437 |
| Evansburg | 2,976 | $122,866 | $481,700 | $1,402 |
| Trappe | 4,025 | $127,250 | $415,400 | $1,865 |
| Upper Providence | 24,666 | $141,077 | $538,900 | $2,125 |
| Skippack | 14,520 | $147,979 | $554,700 | $1,358 |
| Perkiomen | 8,986 | $153,750 | $434,600 | $1,619 |
| Eagleville | 4,985 | $103,793 | $416,500 | $1,487 |
| Lower Providence | 25,897 | $119,165 | $465,500 | $1,637 |
| Oaks | 943 | $165,583 | $602,500 | $1,738 |
More for people moving to Collegeville
Collegeville ZIP code ›Weather and climate ›Living in Collegeville: FAQ
What is the median household income in Collegeville, PA?
The median household income in Collegeville is $91,466, 17% 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 Collegeville?
The median home value in Collegeville is $443,000, compared with $254,500 in Pennsylvania.
How much is rent in Collegeville?
The median gross rent in Collegeville is $1,437 per month, about 38% of household income.
Is Collegeville, PA a good place to live?
Pluses: median household income 17% higher than the Pennsylvania median; an average commute of 23 minutes; a poverty rate of 7.1%. Minuses: home values 74% higher than the state median; unemployment of 6.7%.
What is the median age in Collegeville?
The median age in Collegeville is 24.1 years (Pennsylvania: 40.9).
How long is the commute in Collegeville?
The average commute to work in Collegeville is 23 minutes; 23.5% of workers work from home.
What is the unemployment rate in Collegeville?
The unemployment rate in Collegeville is 6.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Collegeville?
55.2% of adults in Collegeville 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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