You either have to own Dunder-Mifflin, own Hershey’s Chocolate, or be a descendant of President James Buchanan to live in our top ten richest cities in Pennsylvania for 2024.
You can stop your search if you’re looking for safe cities, amazing schools, and high-end shopping with a bank account to match. The Commonwealth has many cities that cater to the lifestyle of the Pennsylvania’s rich and famous.
To find the richest places in the state, we used Saturday Night Science to analyze the latest Census and Zillow data on incomes and home prices. We limited the analysis to 317 Pennsylvania cities with more than 3,000 residents.
Cities on our list like Perkasie provide the backdrop for fancy wine tasting. Cities like Camp Hill offer multiple outlets for the one activity that rich people like to do most — head to the spa.
To see which cities top the wealthiest cities in Pennsylvania for 2024, grab a Philly cheesesteak and a Yuengling and look at the list below.
Table Of Contents: Top Ten | Methodology | Summary | Table
The 10 Richest Places In Pennsylvania For 2024
What’s the richest city in Pennsylvania? The richest city in Pennsylvania is Fox Chapel.
If want to learn more about where there are great jobs and wealthy people, take a look the list below. The state with ‘Virtue, Liberty, and Independence’ is calling.
Rich people not your cup of tea? Feel free to check out some more reading about Pennsylvania:
The 10 Richest Cities In Pennsylvania For 2024
1. Fox Chapel
/10
Population: 5,299
Median Income: $250,001
Median Home Values: $971,545
More on Fox Chapel: Data | Cost Of Living | Real Estate
2. Malvern
/10
3. Narberth
/10
Population: 4,478
Median Income: $114,691
Median Home Values: $723,288
More on Narberth: Data | Real Estate
4. Franklin Park
/10
Population: 15,305
Median Income: $158,052
Median Home Values: $495,135
More on Franklin Park: Data | Cost Of Living | Real Estate
5. Chalfont
/10
Population: 4,259
Median Income: $118,871
Median Home Values: $536,292
More on Chalfont: Data | Real Estate
6. North Wales
/10
Population: 3,415
Median Income: $113,375
Median Home Values: $485,328
More on North Wales: Data | Real Estate
7. Swarthmore
/10
Population: 6,507
Median Income: $138,679
Median Home Values: $405,622
More on Swarthmore: Data | Crime | Cost Of Living | Real Estate
8. Collegeville
/10
Population: 5,172
Median Income: $99,271
Median Home Values: $512,844
More on Collegeville: Data | Crime | Cost Of Living | Real Estate
9. Doyle
/10
Population: 8,305
Median Income: $95,206
Median Home Values: $554,941
More on Doyle: Data | Real Estate
10. Conshohocken
/10
Population: 9,182
Median Income: $114,523
Median Home Values: $431,765
More on Conshohocken: Data | Cost Of Living | Real Estate
Methodology: How We Determined The Richest Places In Pennsylvania For 2024
The first thing that comes to most people’s minds when they think about determining the richest places is simply identifying personal incomes. After all, rich people have really high salaries.
However, we don’t believe that one statistic wholly encompasses what it means to be one of the “richest places.” So we looked at this set of criteria from the newly released 2018-2022 American Community Survey and applied Saturday Night Science:
- Median Home Values
- Median Household Income
Median household income is the most digestible way to understand how rich a place is. And home values are a measure of wealth. The two combine to define a “Rich City.”
After we collected the data for all 317 places with more than 3,000 people in Pennsylvania, we ranked each place from 1 to 317 for each of the criteria, with 1 being the richest.
We then averaged all the rankings for a place into a “Rich Score,” with the place having the lowest overall Rich Score, Fox Chapel, crowned the “Richest City In Pennsylvania For 2024.”
The data has been updated for 2024. This is our tenth time ranking the wealthiest cities in Pennsylvania.
You can skip to the end to see the rankings for all 317 places.
Summary: The Wealthiest Places In Pennsylvania For 2024
Like we said earlier, when we set out to identify the richest places in Pennsylvania, we weren’t sure what we’d encounter, but it ended up being some of the best places to live in Pennsylvania.
The richest cities in Pennsylvania are Fox Chapel, Malvern, Narberth, Franklin Park, Chalfont, North Wales, Swarthmore, Collegeville, Doyle, and Conshohocken.
When you look at the data, the cities and places mentioned above meet the criteria for being at the very top of the income ladder for everyone that lives there.
If you’re curious enough, here are the poorest cities in Pennsylvania, according to data:
Poorest: Farrell
2nd Poorest: Shamokin
3rd Poorest: Mahanoy City
For more Pennsylvania reading, check out:
- Best Places To Live In Pennsylvania
- Most Dangerous Cities In Pennsylvania
- Best Places To Raise A Family In Pennsylvania
Detailed List Of The Richest Cities In Pennsylvania
Rank | City | RichScore | Median Income | Average Home Price |
---|---|---|---|---|
1 | Fox Chapel | 1.0 | $250,001 | $971,545 |
2 | Malvern | 5.0 | $115,743 | $704,780 |
3 | Narberth | 5.0 | $114,691 | $723,288 |
4 | Franklin Park | 6.5 | $158,052 | $495,135 |
5 | Chalfont | 7.0 | $118,871 | $536,292 |
6 | North Wales | 11.5 | $113,375 | $485,328 |
7 | Swarthmore | 13.0 | $138,679 | $405,622 |
8 | Collegeville | 14.0 | $99,271 | $512,844 |
9 | Doyle | 14.0 | $95,206 | $554,941 |
10 | Conshohocken | 14.5 | $114,523 | $431,765 |
11 | Perkasie | 17.0 | $95,319 | $464,524 |
12 | Trappe | 18.5 | $111,875 | $399,126 |
13 | Hatboro | 19.0 | $106,318 | $404,554 |
14 | Jenki | 19.5 | $118,750 | $376,316 |
15 | Phoenixville | 20.5 | $91,593 | $466,022 |
16 | Morrisville | 21.0 | $89,985 | $494,812 |
17 | Media | 23.0 | $85,951 | $558,498 |
18 | Ambler | 23.5 | $84,303 | $611,302 |
19 | New Freedom | 23.5 | $110,577 | $372,849 |
20 | Lansdale | 29.0 | $84,985 | $455,524 |
21 | Pennsburg | 29.5 | $92,054 | $374,810 |
22 | Sellersville | 31.5 | $86,276 | $399,291 |
23 | Edgewood | 32.0 | $92,750 | $336,710 |
24 | Parkesburg | 32.5 | $101,308 | $323,690 |
25 | Jefferson Hills | 33.5 | $108,245 | $312,878 |
26 | Cornwall | 33.5 | $94,917 | $329,787 |
27 | Wyomissing | 37.0 | $86,786 | $339,512 |
28 | Strasburg | 39.5 | $85,753 | $346,129 |
29 | Sewickley | 39.5 | $77,454 | $450,084 |
30 | Shrewsbury | 40.0 | $93,528 | $311,306 |
31 | Lititz | 41.5 | $80,533 | $393,606 |
32 | Souderton | 42.0 | $77,342 | $416,204 |
33 | Manor | 42.0 | $126,161 | $281,669 |
34 | Camp Hill | 44.0 | $104,959 | $291,977 |
35 | West Chester | 44.5 | $71,875 | $582,975 |
36 | Carroll Valley | 44.5 | $86,750 | $316,055 |
37 | Clarks Summit | 47.0 | $87,102 | $305,379 |
38 | Emmaus | 47.0 | $80,625 | $333,847 |
39 | Kennett Square | 47.0 | $70,903 | $561,783 |
40 | Telford | 47.5 | $77,092 | $389,086 |
41 | Mountville | 51.0 | $83,578 | $310,076 |
42 | Mechanicsburg | 53.5 | $75,806 | $356,612 |
43 | Ridley Park | 53.5 | $90,842 | $282,363 |
44 | Denver | 53.5 | $76,650 | $336,085 |
45 | Fleetwood | 54.0 | $82,444 | $306,395 |
46 | East Petersburg | 54.0 | $85,828 | $296,908 |
47 | Spring City | 55.0 | $70,181 | $435,843 |
48 | Oakmont | 56.5 | $82,012 | $301,656 |
49 | Canonsburg | 57.0 | $76,597 | $328,096 |
50 | Royersford | 57.0 | $70,168 | $414,063 |
51 | Downin | 59.5 | $74,323 | $335,348 |
52 | Sinking Spring | 60.75 | $80,565 | $295,515 |
53 | Economy | 61.0 | $86,983 | $265,781 |
54 | Bridgeport | 61.0 | $79,887 | $300,535 |
55 | Churchill | 61.5 | $102,216 | $250,007 |
56 | East Greenville | 63.5 | $75,417 | $311,665 |
57 | Hatfield | 64.0 | $65,257 | $436,834 |
58 | Green Tree | 64.0 | $86,450 | $260,675 |
59 | Northampton | 65.5 | $77,182 | $299,547 |
60 | Norwood | 68.0 | $83,104 | $260,832 |
61 | Pleasant Hills | 72.5 | $88,893 | $246,154 |
62 | Pen Argyl | 74.5 | $80,069 | $259,372 |
63 | Birdsboro | 74.75 | $73,798 | $294,777 |
64 | Greencastle | 75.0 | $75,000 | $291,171 |
65 | Aldan | 76.0 | $87,673 | $242,290 |
66 | Brookhaven | 77.0 | $90,264 | $240,312 |
67 | New Cumberland | 77.0 | $77,770 | $259,360 |
68 | Mount Joy | 77.5 | $80,492 | $253,752 |
69 | Akron | 81.5 | $68,164 | $299,707 |
70 | Millersville | 82.5 | $65,804 | $308,678 |
71 | Plum | 82.5 | $91,931 | $225,948 |
72 | Mount Pocono | 83.0 | $81,127 | $245,448 |
73 | Zelienople | 83.0 | $63,038 | $330,091 |
74 | Palmyra | 84.5 | $65,743 | $304,233 |
75 | Quake | 86.0 | $70,813 | $274,179 |
76 | Helle | 86.0 | $76,579 | $251,823 |
77 | Bristol | 86.0 | $67,176 | $292,040 |
78 | Macungie | 86.5 | $60,313 | $397,324 |
79 | Wind Gap | 87.0 | $62,888 | $317,020 |
80 | Easton | 88.0 | $62,642 | $319,568 |
81 | Whitehall | 89.0 | $77,752 | $243,992 |
82 | Wormleysburg | 89.0 | $83,558 | $229,580 |
83 | Oxford | 89.0 | $59,989 | $398,773 |
84 | Beaver | 91.0 | $75,532 | $247,095 |
85 | Bethlehem | 94.0 | $62,072 | $311,453 |
86 | New Holland | 95.5 | $59,553 | $358,363 |
87 | Lansdowne | 95.5 | $70,283 | $252,844 |
88 | Coplay | 96.0 | $62,153 | $303,691 |
89 | Manheim | 96.5 | $75,833 | $240,588 |
90 | Jim Thorpe | 102.5 | $64,594 | $259,520 |
91 | Prospect Park | 104.5 | $63,015 | $266,876 |
92 | Elizabet | 105.0 | $66,640 | $249,780 |
93 | Stroudsburg | 107.0 | $58,412 | $323,097 |
94 | Shillington | 107.0 | $74,583 | $226,975 |
95 | Montoursville | 107.5 | $63,899 | $257,478 |
96 | Little | 109.5 | $62,857 | $258,859 |
97 | Westmont | 110.0 | $94,173 | $179,760 |
98 | West View | 110.5 | $75,054 | $217,210 |
99 | Forest Hills | 112.5 | $82,962 | $194,399 |
100 | East Stroudsburg | 112.5 | $60,137 | $282,508 |