Living in Wayne, Pennsylvania
Cost of living, income, home prices, rent and demographics of Wayne · Census data 2020–2024
Wayne has 6,635 residents with a median age of 46.2. The median household income is $150,539 (93% higher than the Pennsylvania median), the median home value is $713,300, the median rent is $2,022/month.
Wayne at a glance
- Population
- 6,635
- Median age
- 46.2State: 40.9
- Median household income
- $150,539State: $77,971
- Median home value
- $713,300State: $254,500
- Median rent
- $2,022/moState: $1,209
- Homeowners
- 66.1%
- Bachelor's degree or higher
- 71.5%
- Average commute
- 28 min
Is Wayne a good place to live?
Pros: Median household income 93% higher than the Pennsylvania median; a poverty rate of 9.1%.
Cons: Home values 180% higher than the state median; an average commute of 28 minutes; unemployment of 9.1%.
The weather is best in May–June and August–September.
Cost of living in Wayne
Housing is the biggest part of the cost of living. In Wayne the median home value is $713,300, 114% higher than the U.S. median. Renters pay a median of $2,022 per month, which is 24.9% of household income. Homeowners with a mortgage pay $3,868 a month in housing costs.
Wayne median household income
The median household income in Wayne is $150,539 and the income per person is $93,385. 9.1% of residents live below the poverty line (Pennsylvania: 11.7%).
Housing in Wayne: homes for sale and rent
- Housing units
- 2,750
- Owner-occupied
- 66.1%
- Renter-occupied
- 33.9%
- Vacant
- 7.6%Includes seasonal homes
- Median year built
- 1956
- Average household size
- 2.55
Wayne demographics
- Population
- 6,635
- Median age
- 46.2
- Under 18
- 22.2%
- 65 and older
- 16.9%
- Households
- 2,541
- Foreign-born
- 10.3%
- Veterans
- 3.9%Adults 18+
Hispanic or Latino can be of any race. Population history of Wayne ›
Education in Wayne
71.5% of adults 25 and older in Wayne have a bachelor's degree or higher (Pennsylvania: 35.2%), and 33.5% have a graduate or professional degree.
Jobs and commute in Wayne
- Unemployment rate
- 9.1%State: 5.3%
- Average commute
- 28 minState: 26 min
- Work from home
- 23.2%
- Drive alone
- 65.9%
- Public transit
- 4.4%
- Walk to work
- 4%
- Homes with broadband
- 95%
Wayne vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Wayne | 6,635 | $150,539 | $713,300 | $2,022 |
| St. Davids | 3,875 | $163,173 | $1,001,600 | $2,016 |
| Radnor | 33,718 | $164,359 | $833,900 | $1,927 |
| Devon | 1,806 | $219,063 | $761,000 | — |
| Berwyn | 3,680 | $145,833 | $639,400 | $1,750 |
| Villanova | 9,186 | $250,001 | $946,400 | — |
| Easttown | 11,067 | $214,861 | $852,800 | $1,963 |
| Newtown | 15,260 | $121,350 | $611,100 | $1,971 |
| Upper Merion | 34,977 | $121,985 | $455,300 | $2,087 |
More for people moving to Wayne
Wayne ZIP code ›Weather and climate ›Living in Wayne: FAQ
What is the median household income in Wayne, PA?
The median household income in Wayne is $150,539, 93% 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 Wayne?
The median home value in Wayne is $713,300, compared with $254,500 in Pennsylvania.
How much is rent in Wayne?
The median gross rent in Wayne is $2,022 per month, about 24.9% of household income.
Is Wayne, PA a good place to live?
Pluses: median household income 93% higher than the Pennsylvania median; a poverty rate of 9.1%. Minuses: home values 180% higher than the state median; an average commute of 28 minutes; unemployment of 9.1%.
What is the median age in Wayne?
The median age in Wayne is 46.2 years (Pennsylvania: 40.9).
How long is the commute in Wayne?
The average commute to work in Wayne is 28 minutes; 23.2% of workers work from home.
What is the unemployment rate in Wayne?
The unemployment rate in Wayne is 9.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Wayne?
71.5% of adults in Wayne 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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