Living in Elverson, Pennsylvania
Cost of living, income, home prices, rent and demographics of Elverson · Census data 2020–2024
Elverson has 1,458 residents with a median age of 49.9. The median household income is $78,000 (about the same as the Pennsylvania median), the median home value is $369,900, the median rent is $826/month.
Elverson is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Elverson at a glance
- Population
- 1,458
- Median age
- 49.9State: 40.9
- Median household income
- $78,000State: $77,971
- Median home value
- $369,900State: $254,500
- Median rent
- $826/moState: $1,209
- Homeowners
- 70.8%
- Bachelor's degree or higher
- 38.7%
- Average commute
- 25 min
Is Elverson a good place to live?
Pros: Median household income about the same as the Pennsylvania median; an average commute of 25 minutes; unemployment of 2.1%; a poverty rate of 9.4%.
Cons: Home values 45% higher than the state median.
The weather is best in May–June and August–September.
Cost of living in Elverson
Housing is the biggest part of the cost of living. In Elverson the median home value is $369,900, 11% higher than the U.S. median. Renters pay a median of $826 per month, which is 33.1% of household income. Homeowners with a mortgage pay $1,940 a month in housing costs.
Elverson median household income
The median household income in Elverson is $78,000 and the income per person is $46,961. 9.4% of residents live below the poverty line (Pennsylvania: 11.7%).
Housing in Elverson: homes for sale and rent
- Housing units
- 674
- Owner-occupied
- 70.8%
- Renter-occupied
- 29.2%
- Vacant
- 1.5%Includes seasonal homes
- Median year built
- 1996
- Average household size
- 2.20
Elverson demographics
- Population
- 1,458
- Median age
- 49.9
- Under 18
- 21.2%
- 65 and older
- 36.4%
- Households
- 664
- Foreign-born
- 3.7%
- Veterans
- 10.4%Adults 18+
Hispanic or Latino can be of any race. Population history of Elverson ›
Education in Elverson
38.7% of adults 25 and older in Elverson have a bachelor's degree or higher (Pennsylvania: 35.2%), and 15.4% have a graduate or professional degree.
Jobs and commute in Elverson
- Unemployment rate
- 2.1%State: 5.3%
- Average commute
- 25 minState: 26 min
- Work from home
- 17%
- Drive alone
- 64.6%
- Public transit
- 0%
- Walk to work
- 7.5%
- Homes with broadband
- 86.4%
Elverson vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Elverson | 1,458 | $78,000 | $369,900 | $826 |
| West Nantmeal | 2,103 | $126,154 | $438,200 | $1,446 |
| Caernarvon | 4,338 | $107,639 | $338,400 | $1,512 |
| Morgantown | 1,381 | $78,166 | $268,000 | $1,546 |
| Warwick | 2,613 | $104,875 | $414,500 | $1,770 |
| East Nantmeal | 1,715 | $158,958 | $689,900 | $1,531 |
| Glenmoore | 910 | $148,875 | $494,600 | $1,227 |
| Union | 3,952 | $113,159 | $346,100 | $1,388 |
| Wallace | 3,768 | $182,500 | $592,900 | $1,509 |
More for people moving to Elverson
Elverson ZIP code ›Weather and climate ›Living in Elverson: FAQ
What is the median household income in Elverson, PA?
The median household income in Elverson is $78,000, about the same as 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 Elverson?
The median home value in Elverson is $369,900, compared with $254,500 in Pennsylvania.
How much is rent in Elverson?
The median gross rent in Elverson is $826 per month, about 33.1% of household income.
Is Elverson, PA a good place to live?
Pluses: median household income about the same as the Pennsylvania median; an average commute of 25 minutes; unemployment of 2.1%; a poverty rate of 9.4%. Minuses: home values 45% higher than the state median.
What is the median age in Elverson?
The median age in Elverson is 49.9 years (Pennsylvania: 40.9).
How long is the commute in Elverson?
The average commute to work in Elverson is 25 minutes; 17% of workers work from home.
What is the unemployment rate in Elverson?
The unemployment rate in Elverson is 2.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Elverson?
38.7% of adults in Elverson 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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