Collegeville is a somewhat small borough located in the state of Pennsylvania. With a population of 5,254 people and seven constituent neighborhoods, Collegeville is the 289th largest community in Pennsylvania.
Collegeville home prices are not only among the most expensive in Pennsylvania, but Collegeville real estate also consistently ranks among the most expensive in America.
Collegeville is a decidedly white-collar borough, with fully 92.08% of the workforce employed in white-collar jobs, well above the national average. Overall, Collegeville is a borough of sales and office workers, professionals, and service providers. There are especially a lot of people living in Collegeville who work in office and administrative support (16.42%), teaching (11.80%), and sales jobs (11.56%).
Also of interest is that Collegeville 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 Collegeville telecommute to their jobs. Overall, about 9.69% 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.
Collegeville is a small town where college students really create the town feel and character. So many small towns have lost population over the last 20-30 years that having the local college presence in the Collegeville area, with all of the energy of the students filling area dorms and apartments each fall, really helps Collegeville maintain a good economy.
If knowledge is power, Collegeville is a pretty powerful place. 55.98% of the adults in Collegeville 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 Collegeville in 2010 was $33,510, which is wealthy relative to Pennsylvania and the nation. This equates to an annual income of $134,040 for a family of four.
Collegeville is a somewhat ethnically-diverse borough. The people who call Collegeville home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Collegeville residents report their race to be White, followed by Black or African-American. Important ancestries of people in Collegeville include Italian, Irish, English, and Polish.
The most common language spoken in Collegeville is English. Other important languages spoken here include Polish and French.