Bala Cynwyd is a somewhat small town located in the state of Pennsylvania. With a population of 9,285 people and three associated 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.
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: 28.30% 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.
One downside of living in Bala Cynwyd, however, is that residents on average have to contend with a long commute, spending on average 30.77 minutes every day commuting to work. However, local public transit is widely used. For those who would prefer to avoid driving entirely and leave their car at home, it may be an option to use the transit instead.
Even though Bala Cynwyd 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.
If knowledge is power, Bala Cynwyd is a pretty powerful place. 73.87% 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 2022 was $89,277, which is wealthy relative to Pennsylvania and the nation. This equates to an annual income of $357,108 for a family of four. However, Bala Cynwyd contains both very wealthy and poor people as well.
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 Black or African-American. Important ancestries of people in Bala Cynwyd include German, Russian, Irish, Italian, and English.
The most common language spoken in Bala Cynwyd is English. Other important languages spoken here include Chinese and French.