Living in Towamencin, Pennsylvania

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

Towamencin has 18,035 residents with a median age of 43. The median household income is $100,396 (29% higher than the Pennsylvania median), the median home value is $429,900, the median rent is $1,753/month.

Towamencin at a glance

Population
18,035
Median age
43State: 40.9
Median household income
$100,396State: $77,971
Median home value
$429,900State: $254,500
Median rent
$1,753/moState: $1,209
Homeowners
66.1%
Bachelor's degree or higher
51.2%
Average commute
28 min

Is Towamencin a good place to live?

Pros: Median household income 29% higher than the Pennsylvania median; unemployment of 4.7%; a poverty rate of 6.6%.

Cons: Home values 69% 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 Towamencin

Housing is the biggest part of the cost of living. In Towamencin the median home value is $429,900, 29% higher than the U.S. median. Renters pay a median of $1,753 per month, which is 28.8% of household income. Homeowners with a mortgage pay $2,302 a month in housing costs.

Median home value

Towamencin$429,900
Pennsylvania$254,500
United States$332,700

Median monthly rent

Towamencin$1,753
Pennsylvania$1,209
United States$1,413

Towamencin median household income

The median household income in Towamencin is $100,396 and the income per person is $55,737. 6.6% of residents live below the poverty line (Pennsylvania: 11.7%).

Median household income

Towamencin$100,396
Pennsylvania$77,971
United States$80,734

Housing in Towamencin: homes for sale and rent

Housing units
7,559
Owner-occupied
66.1%
Renter-occupied
33.9%
Vacant
2.4%Includes seasonal homes
Median year built
1980
Average household size
2.43

Towamencin demographics

Population
18,035
Median age
43
Under 18
21.9%
65 and older
22.7%
Households
7,379
Foreign-born
12.9%
Veterans
6.3%Adults 18+

Race and ethnicity

White77.5%
Hispanic or Latino5%
Black6%
Asian9.5%

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

Education in Towamencin

51.2% of adults 25 and older in Towamencin have a bachelor's degree or higher (Pennsylvania: 35.2%), and 21.7% have a graduate or professional degree.

Bachelor's degree or higher

Towamencin51.2%
Pennsylvania35.2%
United States35.7%

Jobs and commute in Towamencin

Unemployment rate
4.7%State: 5.3%
Average commute
28 minState: 26 min
Work from home
20.7%
Drive alone
68.6%
Public transit
1.3%
Walk to work
0.3%
Homes with broadband
93.3%

Towamencin vs nearby towns

TownPopulationMedian incomeHome valueRent
Towamencin18,035$100,396$429,900$1,753
Kulpsville8,799$92,721$369,700$1,933
Lansdale19,011$88,229$343,800$1,470
Hatfield3,502$80,962$364,400$1,244
Lower Salford16,137$146,481$509,200$1,719
Worcester10,793$185,114$614,300$3,332
Upper Gwynedd17,202$114,902$479,400$2,390
Harleysville9,090$106,735$424,100$1,772
North Wales3,440$128,056$410,500$1,506

More for people moving to Towamencin

Towamencin ZIP code ›Weather and climate ›

Living in Towamencin: FAQ

What is the median household income in Towamencin, PA?

The median household income in Towamencin is $100,396, 29% 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 Towamencin?

The median home value in Towamencin is $429,900, compared with $254,500 in Pennsylvania.

How much is rent in Towamencin?

The median gross rent in Towamencin is $1,753 per month, about 28.8% of household income.

Is Towamencin, PA a good place to live?

Pluses: median household income 29% higher than the Pennsylvania median; unemployment of 4.7%; a poverty rate of 6.6%. Minuses: home values 69% higher than the state median; an average commute of 28 minutes.

What is the median age in Towamencin?

The median age in Towamencin is 43 years (Pennsylvania: 40.9).

How long is the commute in Towamencin?

The average commute to work in Towamencin is 28 minutes; 20.7% of workers work from home.

What is the unemployment rate in Towamencin?

The unemployment rate in Towamencin is 4.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Towamencin?

51.2% of adults in Towamencin 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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