The labor force participation rate in Towamencin is 64.4%, with an unemployment rate of 3.1%. For anyone located in the labor force, the common commute time is 30.3 minutes. 18.6% of Towamencin’s community have a masters diploma, and 30.2% posses a bachelors degree. For everyone without a college degree, 23.7% have some college, 22.4% have a high school diploma, and just 5.1% possess an education not as much as high school. 2.6% are not included in medical insurance.
The average family unit size in Towamencin, PA is 2.98 family members members, with 68.8% owning their particular residences. The mean home value is $318192. For individuals leasing, they pay an average of $1263 monthly. 55.6% of families have two sources of income, and a median household income of $85811. Median individual income is $42588. 4.2% of citizens exist at or beneath the poverty line, and 11.2% are disabled. 7.1% of residents of the town are former members associated with armed forces.
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