Lower Merion, PA: A Review

Lower Merion, Pennsylvania: Complimentary Shipping

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The average family size in Lower Merion, PA is 2.97 household members, with 73.7% being the owner of their very own houses. The mean home value is $608216. For individuals leasing, they pay out an average of $1541 monthly. 59.2% of homes have dual sources of income, and a median household income of $136288. Average individual income is $58468. 5% of citizens live at or beneath the poverty line, and 7.4% are handicapped. 5.1% of inhabitants are ex-members associated with armed forces.

Lower Merion, PA is situated in Montgomery county, and includes a residents of 59037, and exists within the greater Philadelphia-Reading-Camden, PA-NJ-DE-MD metropolitan region. The median age is 44, with 11.4% regarding the population under 10 years old, 14.8% are between 10-19 several years of age, 8.6% of citizens in their 20’s, 10% in their thirties, 13.1% in their 40’s, 13.8% in their 50’s, 13% in their 60’s, 9.1% in their 70’s, and 6.1% age 80 or older. 46.2% of citizens are male, 53.8% women. 59% of residents are recorded as married married, with 8.5% divorced and 27% never married. The percentage of people identified as widowed is 5.5%.

The labor pool participation rate in Lower Merion is 64.3%, with an unemployment rate of 3.6%. For the people into the labor pool, the typical commute time is 29.3 minutes. 47.7% of Lower Merion’s populace have a masters degree, and 31% have a bachelors degree. For all those without a college degree, 11.4% attended at least some college, 8.1% have a high school diploma, and just 1.8% have an education less than twelfth grade. 2% are not included in medical insurance.