Collegeville, PA
Population 5,226 · Pennsylvania
About Collegeville, PA
Collegeville is a small town located in Pennsylvania with a population of 5,226 residents according to the latest US Census Bureau American Community Survey data. The median household income is $88,992 per year, which is 18% above the national median of $75,149. The median age of 23.8 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Collegeville features a median home value of $431,200, which is 76% above the national median of $244,900. This places Collegeville in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,468, 26% above the national average of $1,163/month. Of the 1,603 total housing units, 74% are owner-occupied (1,155 units) and 26% are renter-occupied (408 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Collegeville shows an unemployment rate of 7.6%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 6.9%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Collegeville have an average one-way commute time of 23.2 minutes.
Education & Demographics
53.9% of Collegeville residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 1.6% White, 0.2% Hispanic or Latino, 0.8% Black or African American, and 1.9% Asian residents, with 2.7% of the population being foreign-born.
Cost of Living in Collegeville, PA
Compared to national averages, Collegeville has a median household income of $88,992 (18% above the national median of $75,149). Home values average $431,200, which is 76% above the national median. Monthly rent at $1,468 is 26% above the US average of $1,163. Within Pennsylvania, Collegeville's income is 21% above the state average of $73,376, and home values are 126% above the state median of $190,903.
Why Live in Collegeville, PA?
Collegeville offers a strong local economy with a median household income of $88,992, well above the national average, and a well-educated community where 53.9% of residents hold a bachelor’s degree or higher, and a low poverty rate of 6.9%, better than the national average. Additionally, the city features short commute times averaging just 23.2 minutes.
Potential considerations include a competitive housing market where the typical home costs $431,200. However, Collegeville’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Collegeville has a population of 5,226 with a median age of 23.8 years. Compare Collegeville with other cities to see how it stacks up, or explore all cities in Pennsylvania.
Similar Cities Near Collegeville
Cities in Pennsylvania with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Titusville | 5,230 | $36,055 | $79,400 | Compare |
| Lewisburg | 5,247 | $51,674 | $234,100 | Compare |
| Schuylkill Haven | 5,247 | $55,682 | $122,600 | Compare |
| Fox Chapel | 5,264 | $250,001 | $880,100 | Compare |
| Duquesne | 5,186 | $41,208 | $57,500 | Compare |
| Lehighton | 5,268 | $62,083 | $198,600 | Compare |
| Shanor-Northvue | 5,183 | $98,878 | $243,600 | Compare |
| Bangor | 5,158 | $63,542 | $167,100 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Pennsylvania
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Collegeville With Other Cities
Frequently Asked Questions about Collegeville
What is the population of Collegeville, PA?
The population of Collegeville, PA is 5,226 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Pennsylvania.
What is the median household income in Collegeville?
The median household income in Collegeville, PA is $88,992 per year, which is 18% above the national median of $75,149.
What is the median home value in Collegeville?
The median home value in Collegeville, PA is $431,200, which is 76% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Collegeville?
The median monthly rent in Collegeville, PA is $1,468, which is 26% above the national average of $1,163/month.
What is the unemployment rate in Collegeville?
The unemployment rate in Collegeville, PA is 7.6%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Collegeville, PA a good place to live?
Collegeville offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 5,226 and a median age of 23.8, the city appeals to young professionals and families.
How educated is Collegeville, PA?
53.9% of residents in Collegeville aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Collegeville?
Key cost-of-living indicators for Collegeville, PA: median home value is $431,200 (76% above national), median rent is $1,468/month, and median household income is $88,992. The home-value-to-income ratio is 4.8x, a moderate figure by national standards.
What is the poverty rate in Collegeville?
The poverty rate in Collegeville, PA is 6.9%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Collegeville, PA?
Collegeville's population is 1.6% White, 0.2% Hispanic or Latino, 0.8% Black or African American, 1.9% Asian, and 7.7% two or more races. 2.7% of residents are foreign-born.