Paoli, PA
Population 6,124 · Pennsylvania
About Paoli, PA
Paoli is a small town located in Pennsylvania with a population of 6,124 residents according to the latest US Census Bureau American Community Survey data. The median household income is $117,094 per year, which is 56% above the national median of $75,149. The median age of 42.4 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 Paoli features a median home value of $470,000, which is 92% above the national median of $244,900. This places Paoli in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,852, 59% above the national average of $1,163/month. Of the 2,662 total housing units, 76% are owner-occupied (1,953 units) and 24% are renter-occupied (614 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Paoli shows an unemployment rate of 5.9%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 4.6%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Paoli have an average one-way commute time of 23.4 minutes.
Education & Demographics
70.6% of Paoli 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 0.6% White, 0.1% Hispanic or Latino, 0.0% Black or African American, and 1.1% Asian residents, with 18.0% of the population being foreign-born.
Cost of Living in Paoli, PA
Compared to national averages, Paoli has a median household income of $117,094 (56% above the national median of $75,149). Home values average $470,000, which is 92% above the national median. Monthly rent at $1,852 is 59% above the US average of $1,163. Within Pennsylvania, Paoli's income is 60% above the state average of $73,376, and home values are 146% above the state median of $190,903.
Why Live in Paoli, PA?
Paoli offers a strong local economy with a median household income of $117,094, well above the national average, and a well-educated community where 70.6% of residents hold a bachelor’s degree or higher, and a low poverty rate of 4.6%, better than the national average. Additionally, the city features short commute times averaging just 23.4 minutes.
Potential considerations include a competitive housing market where the typical home costs $470,000. However, Paoli’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Paoli has a population of 6,124 with a median age of 42.4 years. Compare Paoli with other cities to see how it stacks up, or explore all cities in Pennsylvania.
Similar Cities Near Paoli
Cities in Pennsylvania with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Hellertown | 6,119 | $76,657 | $242,500 | Compare |
| Churchville | 6,139 | $188,146 | $607,700 | Compare |
| Clairton | 6,105 | $39,884 | $59,100 | Compare |
| Fort Washington | 6,105 | $159,302 | $561,000 | Compare |
| Kennett Square | 6,096 | $74,259 | $347,700 | Compare |
| Corry | 6,162 | $45,081 | $99,800 | Compare |
| Newtown Grant | 6,070 | $175,403 | $571,900 | Compare |
| Exton | 6,192 | $121,189 | $549,400 | 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 Paoli With Other Cities
Frequently Asked Questions about Paoli
What is the population of Paoli, PA?
The population of Paoli, PA is 6,124 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 Paoli?
The median household income in Paoli, PA is $117,094 per year, which is 56% above the national median of $75,149.
What is the median home value in Paoli?
The median home value in Paoli, PA is $470,000, which is 92% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Paoli?
The median monthly rent in Paoli, PA is $1,852, which is 59% above the national average of $1,163/month.
What is the unemployment rate in Paoli?
The unemployment rate in Paoli, PA is 5.9%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Paoli, PA a good place to live?
Paoli offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 6,124 and a median age of 42.4, the city appeals to a broad range of residents.
How educated is Paoli, PA?
70.6% of residents in Paoli 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 Paoli?
Key cost-of-living indicators for Paoli, PA: median home value is $470,000 (92% above national), median rent is $1,852/month, and median household income is $117,094. The home-value-to-income ratio is 4.0x, a moderate figure by national standards.
What is the poverty rate in Paoli?
The poverty rate in Paoli, PA is 4.6%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Paoli, PA?
Paoli's population is 0.6% White, 0.1% Hispanic or Latino, 0.0% Black or African American, 1.1% Asian, and 2.3% two or more races. 18.0% of residents are foreign-born.