Lafayette Hill is a somewhat small town located in the state of Pennsylvania. With a population of 9,740 people and two constituent neighborhoods, Lafayette Hill is the 120th largest community in Pennsylvania.
Lafayette Hill home prices are not only among the most expensive in Pennsylvania, but Lafayette Hill real estate also consistently ranks among the most expensive in America.
Lafayette Hill is a decidedly white-collar town, with fully 91.56% of the workforce employed in white-collar jobs, well above the national average. Overall, Lafayette Hill is a town of professionals, managers, and sales and office workers. There are especially a lot of people living in Lafayette Hill who work in management occupations (20.04%), sales jobs (11.35%), and business and financial occupations (11.20%).
Also of interest is that Lafayette Hill has more people living here who work in computers and math than 95% of the places in the US.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 7.67% 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, Lafayette Hill is home to many people who could be described as "urban sophisticates". Urban sophisticates are educated, wealthy, executives and professionals, who have urbane tastes in books, food, and travel, whether they actually live in a big city, or choose to reside in a small town. In big or medium-sized cities, urban sophisticates tend to frequent art institutions such as opera, symphonies, ballet, live theatre, and museums.
In Lafayette Hill, however, the average commute to work is quite long. On average, people spend 31.41 minutes each day getting to work, which is significantly higher than the national average. One bright side is that local public transit is widely used, so it may be an option to avoid the headache of driving in the heavy traffic by leaving the car at home and taking transit.
Even though Lafayette Hill is a smaller town, it has many people who hop on public transportation – mostly the train for their daily commute to work. Typically, these people are commuting to good jobs in the surrounding cities.
Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in Lafayette Hill. 64.27% 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 Lafayette Hill in 2010 was $57,197, which is wealthy relative to Pennsylvania and the nation. This equates to an annual income of $228,788 for a family of four.
The people who call Lafayette Hill home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Lafayette Hill residents report their race to be White, followed by Asian. Important ancestries of people in Lafayette Hill include German, Italian, English, and Polish.
The most common language spoken in Lafayette Hill is English. Other important languages spoken here include Russian and Spanish.