Bala Cynwyd is a somewhat small town located in the state of Pennsylvania. With a population of 9,285 people and three constituent neighborhoods, Bala Cynwyd is the 128th largest community in Pennsylvania.
Bala Cynwyd home prices are not only among the most expensive in Pennsylvania, but Bala Cynwyd real estate also consistently ranks among the most expensive in America.
Bala Cynwyd is a decidedly white-collar town, with fully 95.63% of the workforce employed in white-collar jobs, well above the national average. Overall, Bala Cynwyd is a town of professionals, managers, and sales and office workers. There are especially a lot of people living in Bala Cynwyd who work in management occupations (15.81%), healthcare (10.63%), and teaching (10.16%).
Also of interest is that Bala Cynwyd has more people living here who work in computers and math than 95% of the places in the US.
A relatively large number of people in Bala Cynwyd telecommute to their jobs. Overall, about 18.97% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
In addition, Bala Cynwyd is home to many people who could be described as "urban sophisticates". Urban sophisticates are people who are both educated and wealthy, and thus tend to be older, richer, and more established than young professionals. "Urban sophisticates" is not just about being educated and well-off financially: it is a point of view and state of mind, one that you might call 'urbaneness'. But such people can and do regularly live in small towns, suburbs and rural areas, as well as in big cities. They read, support the arts and high-end shops, and love travel.
Because of many things, Bala Cynwyd is a great place for families with children to consider. First of all, many other families with children live here, making Bala Cynwyd a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The town’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Bala Cynwyd has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Bala Cynwyd’s overall crime rate is lower than average for the country.
Despite being a small town, Bala Cynwyd has a lot of people using the train to get to and from work every day. Most of these people on the train are using it to get to good jobs in other cities.
If knowledge is power, Bala Cynwyd is a pretty powerful place. 76.05% of the adults in Bala Cynwyd have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
The per capita income in Bala Cynwyd in 2018 was $78,126, which is wealthy relative to Pennsylvania and the nation. This equates to an annual income of $312,504 for a family of four.
Bala Cynwyd is a very ethnically-diverse town. The people who call Bala Cynwyd home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Bala Cynwyd residents report their race to be White, followed by Asian. Important ancestries of people in Bala Cynwyd include German, Russian, Irish, English, and Eastern European.
In addition, Bala Cynwyd has a lot of people living here who were born outside of the US (16.97%).
The most common language spoken in Bala Cynwyd is English. Other important languages spoken here include Spanish and Chinese.