Bala Cynwyd is a somewhat small town located in the state of Pennsylvania. With a population of 9,352 people and three constituent neighborhoods, Bala Cynwyd is the 129th 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 93.00% 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 healthcare (13.96%), management occupations (11.45%), and teaching (10.72%).
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.
Of important note, Bala Cynwyd is also a town of artists. Bala Cynwyd has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Bala Cynwyd’s character.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 14.43% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. 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 very good place for families to consider. With an enviable combination of good schools, low crime, college-educated neighbors who tend to support education because of their own experiences, and a high rate of home ownership in predominantly single-family properties, Bala Cynwyd really has some of the features that families look for when choosing a good community to raise children. Is Bala Cynwyd perfect? Of course not, and if you like frenetic nightlife, it will be far from your cup of tea. But overall this is a solid community, with many things to recommend it as a family-friendly place to live.
In Bala Cynwyd, a lot of people use the train to get to work every day though Bala Cynwyd is a relatively small town. Those that ride the train are primarily traveling out of town to good jobs in other cities.
Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in Bala Cynwyd. 75.10% of adults here have a 4-year degree or graduate degree, whereas the national average for all cities and towns is just 21.84%.
The per capita income in Bala Cynwyd in 2018 was $65,459, which is wealthy relative to Pennsylvania and the nation. This equates to an annual income of $261,836 for a family of four.
Bala Cynwyd is a somewhat 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 Irish, German, Russian, Italian, and English.
The most common language spoken in Bala Cynwyd is English. Other important languages spoken here include Chinese and Spanish.