Living in Devon, Pennsylvania

Cost of living, income, home prices, rent and demographics of Devon · Census data 2020–2024

Devon has 1,806 residents with a median age of 47.7. The median household income is $219,063 (181% higher than the Pennsylvania median), the median home value is $761,000.

Devon at a glance

Population
1,806
Median age
47.7State: 40.9
Median household income
$219,063State: $77,971
Median home value
$761,000State: $254,500
Homeowners
95.2%
Bachelor's degree or higher
89.6%
Average commute
29 min

Is Devon a good place to live?

Pros: Median household income 181% higher than the Pennsylvania median; unemployment of 4.2%; a poverty rate of 6%.

Cons: Home values 199% higher than the state median; an average commute of 29 minutes.

The weather is best in May–June and August–September.

Cost of living in Devon

Housing is the biggest part of the cost of living. In Devon the median home value is $761,000, 129% higher than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $3,396 a month in housing costs.

Median home value

Devon$761,000
Pennsylvania$254,500
United States$332,700

Median monthly rent

Pennsylvania$1,209
United States$1,413

Devon median household income

The median household income in Devon is $219,063 and the income per person is $98,666. 6% of residents live below the poverty line (Pennsylvania: 11.7%).

Median household income

Devon$219,063
Pennsylvania$77,971
United States$80,734

Housing in Devon: homes for sale and rent

Housing units
651
Owner-occupied
95.2%
Renter-occupied
4.8%
Vacant
0%Includes seasonal homes
Median year built
1949
Average household size
2.76

Devon demographics

Population
1,806
Median age
47.7
Under 18
26.4%
65 and older
10.5%
Households
651
Foreign-born
5.1%
Veterans
1.3%Adults 18+

Race and ethnicity

White79.2%
Hispanic or Latino9.2%
Black1.5%
Asian6.1%

Hispanic or Latino can be of any race. Population history of Devon ›

Education in Devon

89.6% of adults 25 and older in Devon have a bachelor's degree or higher (Pennsylvania: 35.2%), and 49.7% have a graduate or professional degree.

Bachelor's degree or higher

Devon89.6%
Pennsylvania35.2%
United States35.7%

Jobs and commute in Devon

Unemployment rate
4.2%State: 5.3%
Average commute
29 minState: 26 min
Work from home
34.3%
Drive alone
54.7%
Public transit
4.2%
Walk to work
0%
Homes with broadband
100%

Devon vs nearby towns

TownPopulationMedian incomeHome valueRent
Devon1,806$219,063$761,000—
Berwyn3,680$145,833$639,400$1,750
Tredyffrin31,922$162,194$709,700$2,105
Easttown11,067$214,861$852,800$1,963
Wayne6,635$150,539$713,300$2,022
Chesterbrook5,839$124,295$453,400$2,452
St. Davids3,875$163,173$1,001,600$2,016
Radnor33,718$164,359$833,900$1,927
Paoli6,362$138,396$481,200$1,995

More for people moving to Devon

Devon ZIP code ›Weather and climate ›

Living in Devon: FAQ

What is the median household income in Devon, PA?

The median household income in Devon is $219,063, 181% 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 Devon?

The median home value in Devon is $761,000, compared with $254,500 in Pennsylvania.

Is Devon, PA a good place to live?

Pluses: median household income 181% higher than the Pennsylvania median; unemployment of 4.2%; a poverty rate of 6%. Minuses: home values 199% higher than the state median; an average commute of 29 minutes.

What is the median age in Devon?

The median age in Devon is 47.7 years (Pennsylvania: 40.9).

How long is the commute in Devon?

The average commute to work in Devon is 29 minutes; 34.3% of workers work from home.

What is the unemployment rate in Devon?

The unemployment rate in Devon is 4.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Devon?

89.6% of adults in Devon 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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