Villanova is a somewhat small town located in the state of Pennsylvania. With a population of 8,213 people and two associated neighborhoods, Villanova is the 153rd largest community in Pennsylvania.
Villanova home prices are not only among the most expensive in Pennsylvania, but Villanova real estate also consistently ranks among the most expensive in America.
Of important note, Villanova is also a town of artists. Villanova has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Villanova’s character.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 15.72% 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.
Villanova is a small town where college students really create the town feel and character. So many small towns have lost population over the last 20-30 years that having the local college presence in the Villanova area, with all of the energy of the students filling area dorms and apartments each fall, really helps Villanova maintain a good economy.
For a small town, there is also a high proportion of single, often educated, people living in Villanova. This is not typical for smaller communities in America, and adds a feeling of vibrancy to Villanova.
If knowledge is power, Villanova is a pretty powerful place. 88.32% of the adults in Villanova have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
The per capita income in Villanova in 2022 was $45,935, which is wealthy relative to Pennsylvania and the nation. This equates to an annual income of $183,740 for a family of four.
Villanova is a very ethnically-diverse town. The people who call Villanova home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Villanova residents report their race to be White, followed by Asian. Important ancestries of people in Villanova include Irish, Italian, German, English, and Polish.
The most common language spoken in Villanova is English. Other important languages spoken here include Spanish and Vietnamese.