Living in Lower Gwynedd, Pennsylvania

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

Lower Gwynedd has 12,219 residents with a median age of 48. The median household income is $139,615 (79% higher than the Pennsylvania median), the median home value is $655,000, the median rent is $2,493/month.

Lower Gwynedd at a glance

Population
12,219
Median age
48State: 40.9
Median household income
$139,615State: $77,971
Median home value
$655,000State: $254,500
Median rent
$2,493/moState: $1,209
Homeowners
78%
Bachelor's degree or higher
71.8%
Average commute
28 min

Is Lower Gwynedd a good place to live?

Pros: Median household income 79% higher than the Pennsylvania median; unemployment of 3.8%; a poverty rate of 3.3%.

Cons: Home values 157% higher than the state median; an average commute of 28 minutes.

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

Cost of living in Lower Gwynedd

Housing is the biggest part of the cost of living. In Lower Gwynedd the median home value is $655,000, 97% higher than the U.S. median. Renters pay a median of $2,493 per month, which is 40.3% of household income. Homeowners with a mortgage pay $3,436 a month in housing costs.

Median home value

Lower Gwynedd$655,000
Pennsylvania$254,500
United States$332,700

Median monthly rent

Lower Gwynedd$2,493
Pennsylvania$1,209
United States$1,413

Lower Gwynedd median household income

The median household income in Lower Gwynedd is $139,615 and the income per person is $89,550. 3.3% of residents live below the poverty line (Pennsylvania: 11.7%).

Median household income

Lower Gwynedd$139,615
Pennsylvania$77,971
United States$80,734

Housing in Lower Gwynedd: homes for sale and rent

Housing units
5,100
Owner-occupied
78%
Renter-occupied
22%
Vacant
6%Includes seasonal homes
Median year built
1979
Average household size
2.43

Lower Gwynedd demographics

Population
12,219
Median age
48
Under 18
21.8%
65 and older
29.1%
Households
4,796
Foreign-born
13.8%
Veterans
6.4%Adults 18+

Race and ethnicity

White74.3%
Hispanic or Latino3%
Black6.2%
Asian13.9%

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

Education in Lower Gwynedd

71.8% of adults 25 and older in Lower Gwynedd have a bachelor's degree or higher (Pennsylvania: 35.2%), and 34.4% have a graduate or professional degree.

Bachelor's degree or higher

Lower Gwynedd71.8%
Pennsylvania35.2%
United States35.7%

Jobs and commute in Lower Gwynedd

Unemployment rate
3.8%State: 5.3%
Average commute
28 minState: 26 min
Work from home
27.9%
Drive alone
60.4%
Public transit
4.2%
Walk to work
2%
Homes with broadband
92.5%

Lower Gwynedd vs nearby towns

TownPopulationMedian incomeHome valueRent
Lower Gwynedd12,219$139,615$655,000$2,493
Spring House5,137$198,077$670,700$3,304
Ambler6,847$77,394$377,300$1,447
North Wales3,440$128,056$410,500$1,506
Upper Gwynedd17,202$114,902$479,400$2,390
Whitpain20,446$162,856$630,200$2,255
Maple Glen6,643$181,103$570,900$2,201
Blue Bell6,424$171,818$614,000$3,348
Montgomery26,076$134,074$473,400$2,076

More for people moving to Lower Gwynedd

Lower Gwynedd ZIP code ›Weather and climate ›

Living in Lower Gwynedd: FAQ

What is the median household income in Lower Gwynedd, PA?

The median household income in Lower Gwynedd is $139,615, 79% 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 Lower Gwynedd?

The median home value in Lower Gwynedd is $655,000, compared with $254,500 in Pennsylvania.

How much is rent in Lower Gwynedd?

The median gross rent in Lower Gwynedd is $2,493 per month, about 40.3% of household income.

Is Lower Gwynedd, PA a good place to live?

Pluses: median household income 79% higher than the Pennsylvania median; unemployment of 3.8%; a poverty rate of 3.3%. Minuses: home values 157% higher than the state median; an average commute of 28 minutes.

What is the median age in Lower Gwynedd?

The median age in Lower Gwynedd is 48 years (Pennsylvania: 40.9).

How long is the commute in Lower Gwynedd?

The average commute to work in Lower Gwynedd is 28 minutes; 27.9% of workers work from home.

What is the unemployment rate in Lower Gwynedd?

The unemployment rate in Lower Gwynedd is 3.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Lower Gwynedd?

71.8% of adults in Lower Gwynedd 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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