Paoli is a somewhat small town located in the state of Pennsylvania. With a population of 6,002 people and two associated neighborhoods, Paoli is the 233rd largest community in Pennsylvania.
Paoli home prices are not only among the most expensive in Pennsylvania, but Paoli real estate also consistently ranks among the most expensive in America.
Also of interest is that Paoli has more people living here who work in computers and math than 95% of the places in the US.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 24.05% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. 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.
In addition, Paoli is home to many people who could be described as "urban sophisticates", which are people who are not only wealthy and employed in professional occupations, but highly educated to boot. Urban sophisticates have urbane tastes - whether they reside in a big or small city, a suburb, or a little town. Urban sophisticates support bookstores, quality clothing stores, enjoy luxury travel, and in big cities, they are truly the patrons of the arts, attending and supporting institutions such as opera, symphony, ballet, and theatre.
Because of many things, Paoli is a very good place for families to consider. With an enviable combination of good schools, low crime, college-educated neighbors who tend to support education because of their own experiences, and a high rate of home ownership in predominantly single-family properties, Paoli really has some of the features that families look for when choosing a good community to raise children. Is Paoli perfect? Of course not, and if you like frenetic nightlife, it will be far from your cup of tea. But overall this is a solid community, with many things to recommend it as a family-friendly place to live.
Even though Paoli is a smaller town, it has many people who hop on public transportation – mostly the train for their daily commute to work. Typically, these people are commuting to good jobs in the surrounding cities.
Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in Paoli. 66.51% of adults here have a 4-year degree or graduate degree, whereas the national average for all cities and towns is just 21.84%.
The per capita income in Paoli in 2022 was $61,959, which is wealthy relative to Pennsylvania and the nation. This equates to an annual income of $247,836 for a family of four.
Paoli is a very ethnically-diverse town. The people who call Paoli home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Paoli residents report their race to be White, followed by Asian. Important ancestries of people in Paoli include Irish, Italian, German, English, and Polish.
In addition, Paoli has a lot of people living here who were born outside of the US (18.72%).
The most common language spoken in Paoli is English. Other important languages spoken here include Chinese and Korean.