Newtown Square is a medium-sized town located in the state of Pennsylvania. With a population of 23,641 people and five associated neighborhoods, Newtown Square is the 36th largest community in Pennsylvania. Newtown Square home prices are not only among the most expensive in Pennsylvania, but Newtown Square real estate also consistently ranks among the most expensive in America.Newtown Square is a decidedly white-collar town, with fully 91.98% of the workforce employed in white-collar jobs, well above the national average. Overall, Newtown Square is a town of professionals, managers, and sales and office workers. There are especially a lot of people living in Newtown Square who work in management occupations (20.20%), sales jobs (11.81%), and business and financial occupations (9.73%). Also of interest is that Newtown Square has more people living here who work in computers and math than 95% of the places in the US. Of important note, Newtown Square is also a town of artists. Newtown Square has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Newtown Square’s character. A relatively large number of people in Newtown Square telecommute to their jobs. Overall, about 19.55% 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. Because of many things, Newtown Square is a great place for families with children to consider. First of all, many other families with children live here, making Newtown Square a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The town’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Newtown Square has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Newtown Square’s overall crime rate is lower than average for the country.If knowledge is power, Newtown Square is a pretty powerful place. 63.70% of the adults in Newtown Square 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 Newtown Square in 2022 was $77,040, which is wealthy relative to Pennsylvania and the nation. This equates to an annual income of $308,160 for a family of four. The people who call Newtown Square home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Newtown Square residents report their race to be White, followed by Asian. Important ancestries of people in Newtown Square include Irish, Italian, German, English, and Polish. The most common language spoken in Newtown Square is English. Other important languages spoken here include Spanish and Urdu.
