Devon, PA
Population 1,623 · Pennsylvania
About Devon, PA
Devon is a small town located in Pennsylvania with a population of 1,623 residents according to the latest US Census Bureau American Community Survey data. The median household income is $194,813 per year, which is 159% above the national median of $75,149. The median age of 50.5 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Devon features a median home value of $658,100, which is 169% above the national median of $244,900. This places Devon in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 593 total housing units, 100% are owner-occupied (593 units) and 0% are renter-occupied (0 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Devon shows an unemployment rate of 4.6%, which is near the national rate of 3.7%. The poverty rate stands at 6.6%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Devon have an average one-way commute time of 27 minutes.
Education & Demographics
82.3% of Devon 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 0.0% White, 0.0% Hispanic or Latino, 3.8% Black or African American, and 3.7% Asian residents, with 6.8% of the population being foreign-born.
How Devon Ranks in Pennsylvania
Cost of Living in Devon, PA
Compared to national averages, Devon has a median household income of $194,813 (159% above the national median of $75,149). Home values average $658,100, which is 169% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Pennsylvania, Devon's income is 165% above the state average of $73,376, and home values are 245% above the state median of $190,903.
Why Live in Devon, PA?
Devon offers a strong local economy with a median household income of $194,813, well above the national average, and rent that’s lower than the national average at $0/month, and a well-educated community where 82.3% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 6.6%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $658,100. However, Devon’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Devon has a population of 1,623 with a median age of 50.5 years. Compare Devon with other cities to see how it stacks up, or explore all cities in Pennsylvania.
Similar Cities Near Devon
Cities in Pennsylvania with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Roseto | 1,623 | $78,594 | $199,300 | Compare |
| Hampton | 1,627 | $83,393 | $124,900 | Compare |
| Hopwood | 1,628 | $45,608 | $184,400 | Compare |
| Paxtang | 1,617 | $83,571 | $179,900 | Compare |
| Richland | 1,613 | $91,979 | $198,000 | Compare |
| Conyngham | 1,639 | $76,468 | $228,900 | Compare |
| Dravosburg | 1,600 | $47,016 | $98,300 | Compare |
| Bell Acres | 1,650 | $161,184 | $424,700 | 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 Devon With Other Cities
Frequently Asked Questions about Devon
What is the population of Devon, PA?
The population of Devon, PA is 1,623 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 Devon?
The median household income in Devon, PA is $194,813 per year, which is 159% above the national median of $75,149.
What is the median home value in Devon?
The median home value in Devon, PA is $658,100, which is 169% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Devon?
The median monthly rent in Devon, PA is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Devon?
The unemployment rate in Devon, PA is 4.6%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Devon, PA a good place to live?
Devon offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 1,623 and a median age of 50.5, the city appeals to established professionals and retirees.
How educated is Devon, PA?
82.3% of residents in Devon 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 Devon?
Key cost-of-living indicators for Devon, PA: median home value is $658,100 (169% above national), median rent is $0/month, and median household income is $194,813. The home-value-to-income ratio is 3.4x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Devon?
The poverty rate in Devon, PA is 6.6%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Devon, PA?
Devon's population is 0.0% White, 0.0% Hispanic or Latino, 3.8% Black or African American, 3.7% Asian, and 1.8% two or more races. 6.8% of residents are foreign-born.