Living in Merion Station, Pennsylvania
Cost of living, income, home prices, rent and demographics of Merion Station · Census data 2020–2024
Merion Station has 5,788 residents with a median age of 44.1. The median household income is $250,001 (221% higher than the Pennsylvania median), the median home value is $886,600, the median rent is $2,461/month.
Merion Station at a glance
- Population
- 5,788
- Median age
- 44.1State: 40.9
- Median household income
- $250,001State: $77,971
- Median home value
- $886,600State: $254,500
- Median rent
- $2,461/moState: $1,209
- Homeowners
- 89.3%
- Bachelor's degree or higher
- 84.5%
- Average commute
- 27 min
Is Merion Station a good place to live?
Pros: Median household income 221% higher than the Pennsylvania median; unemployment of 3.1%; a poverty rate of 4.2%.
Cons: Home values 248% higher than the state median; an average commute of 27 minutes.
The weather is best in May–June and September–October.
Cost of living in Merion Station
Housing is the biggest part of the cost of living. In Merion Station the median home value is $886,600, 166% higher than the U.S. median. Renters pay a median of $2,461 per month, which is 17.6% of household income. Homeowners with a mortgage pay $3,825 a month in housing costs.
Merion Station median household income
The median household income in Merion Station is $250,001 and the income per person is $115,864. 4.2% of residents live below the poverty line (Pennsylvania: 11.7%).
Housing in Merion Station: homes for sale and rent
- Housing units
- 1,939
- Owner-occupied
- 89.3%
- Renter-occupied
- 10.7%
- Vacant
- 0%Includes seasonal homes
- Median year built
- 1938
- Average household size
- 2.92
Merion Station demographics
- Population
- 5,788
- Median age
- 44.1
- Under 18
- 29.1%
- 65 and older
- 20.5%
- Households
- 1,939
- Foreign-born
- 13.5%
- Veterans
- 2.6%Adults 18+
Hispanic or Latino can be of any race. Population history of Merion Station ›
Education in Merion Station
84.5% of adults 25 and older in Merion Station have a bachelor's degree or higher (Pennsylvania: 35.2%), and 59.4% have a graduate or professional degree.
Jobs and commute in Merion Station
- Unemployment rate
- 3.1%State: 5.3%
- Average commute
- 27 minState: 26 min
- Work from home
- 44.3%
- Drive alone
- 42.3%
- Public transit
- 5.8%
- Walk to work
- 3.5%
- Homes with broadband
- 98.9%
Merion Station vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| 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 |
| Bala Cynwyd | 10,227 | $150,000 | $640,400 | $1,886 |
| Penn Wynne | 6,070 | $150,298 | $555,500 | $1,905 |
| Lower Merion | 64,174 | $176,512 | $810,400 | $1,893 |
| Ardmore | 13,909 | $119,111 | $453,100 | $1,763 |
| Millbourne | 1,467 | $54,219 | $266,700 | $1,016 |
| Haverford College | 1,695 | $182,500 | — | $1,244 |
More for people moving to Merion Station
Merion Station ZIP code ›Weather and climate ›Living in Merion Station: FAQ
What is the median household income in Merion Station, PA?
The median household income in Merion Station is $250,001, 221% 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 Merion Station?
The median home value in Merion Station is $886,600, compared with $254,500 in Pennsylvania.
How much is rent in Merion Station?
The median gross rent in Merion Station is $2,461 per month, about 17.6% of household income.
Is Merion Station, PA a good place to live?
Pluses: median household income 221% higher than the Pennsylvania median; unemployment of 3.1%; a poverty rate of 4.2%. Minuses: home values 248% higher than the state median; an average commute of 27 minutes.
What is the median age in Merion Station?
The median age in Merion Station is 44.1 years (Pennsylvania: 40.9).
How long is the commute in Merion Station?
The average commute to work in Merion Station is 27 minutes; 44.3% of workers work from home.
What is the unemployment rate in Merion Station?
The unemployment rate in Merion Station is 3.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Merion Station?
84.5% of adults in Merion Station 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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