Phoenixville is a medium-sized borough located in the state of Pennsylvania. With a population of 20,286 people and seven associated neighborhoods, Phoenixville is the 47th largest community in Pennsylvania. Much of the housing stock in Phoenixville was built relatively recently. The construction of new real estate can often be taken as an indication that the local Phoenixville economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in Phoenixville, where the median household income is $102,138.00.
Phoenixville real estate is some of the most expensive in Pennsylvania, although Phoenixville house values don't compare to the most expensive real estate in the U.S.
Also of interest is that Phoenixville has more people living here who work in computers and math than 95% of the places in the US.
Of important note, Phoenixville is also a borough of artists. Phoenixville has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Phoenixville’s character.
A relatively large number of people in Phoenixville telecommute to their jobs. Overall, about 27.78% 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.
Phoenixville, while not large, also appears to be attractive to some younger, educated professionals, who help shape the character of the borough.
If knowledge is power, Phoenixville is a pretty powerful place. 56.87% of the adults in Phoenixville 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 Phoenixville in 2022 was $55,408, which is wealthy relative to Pennsylvania and the nation. This equates to an annual income of $221,632 for a family of four. However, Phoenixville contains both very wealthy and poor people as well.
Phoenixville is a very ethnically-diverse borough. The people who call Phoenixville home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Phoenixville residents report their race to be White, followed by Asian. Important ancestries of people in Phoenixville include German, Irish, Italian, English, and Polish.
The most common language spoken in Phoenixville is English. Other important languages spoken here include Spanish and Portuguese.