Elverson is a very small borough located in the state of Pennsylvania. With a population of 1,391 people and two associated neighborhoods, Elverson is the 757th largest community in Pennsylvania. Elverson has seen a significant amount of newer housing growth in recent years. Quite often, new home construction is the result of new residents moving in who are middle class or wealthier, attracted by jobs, a healthy local economy, or other amenities as they leave nearby or far away areas for greener pastures. This seems to be the case in Elverson, where the median household income is $76,823.00.
Elverson real estate is some of the most expensive in Pennsylvania, although Elverson house values don't compare to the most expensive real estate in the U.S.
Also of interest is that Elverson 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 Elverson telecommute to their jobs. Overall, about 14.90% 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.
Overall, Elverson’s crime rate is one of the lowest in the nation, which makes a great place to live if safety is an important concern.
Being a small borough, Elverson does not have a public transit system used by locals to get to and from work.
The citizens of Elverson are very well educated compared to the average community in the nation: 39.53% of adults in Elverson have a bachelor's degree or even advanced degree.
The per capita income in Elverson in 2022 was $45,379, which is wealthy relative to Pennsylvania, and upper middle income relative to the rest of the US. This equates to an annual income of $181,516 for a family of four. However, Elverson contains both very wealthy and poor people as well.
Elverson is a somewhat ethnically-diverse borough. The people who call Elverson home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Elverson residents report their race to be White, followed by Black or African-American. Important ancestries of people in Elverson include German, Irish, English, Italian, and Dutch.
The most common language spoken in Elverson is English. Other important languages spoken here include Spanish and German/Yiddish.