Valencia is a tiny borough located in the state of Pennsylvania. With a population of 696 people and two associated neighborhoods, Valencia is the 968th largest community in Pennsylvania. There's nothing like the smell of a brand new house, and in Valencia, you'll find that a large proportion of houses were recently built. New growth in residential real estate is an indication that people are choosing to move to Valencia, and putting down their money on brand new construction. Valencia’s real estate is, on average, some of the newest in the nation. Valencia does seem to be experiencing an influx of affluent people, because the median household income is $63,839.00.
Valencia real estate is some of the most expensive in Pennsylvania, although Valencia house values don't compare to the most expensive real estate in the U.S.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 8.97% 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.
Overall, Valencia’s crime rate is one of the lowest in the nation, which makes a great place to live if safety is an important concern.
One downside of living in Valencia, however, is that residents on average have to contend with a long commute, spending on average 31.50 minutes every day commuting to work.
Being a small borough, Valencia does not have a public transit system used by locals to get to and from work.
The citizens of Valencia are among the most well-educated in the nation: 43.26% of adults in Valencia have a bachelor's degree or even advanced degree, whereas the average US city has 21.84% holding at least a bachelor's degree.
The per capita income in Valencia in 2022 was $39,926, which is upper middle income relative to Pennsylvania and the nation. This equates to an annual income of $159,704 for a family of four. However, Valencia contains both very wealthy and poor people as well.
The people who call Valencia home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Valencia residents report their race to be White, followed by Asian. Important ancestries of people in Valencia include German, Irish, English, Italian, and Polish.
The most common language spoken in Valencia is English. Other important languages spoken here include Italian and Polish.