Drexel Hill, Pennsylvania Income Statistics
Drexel Hill Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of an area's residents based on income levels, employment rates, and income inequality metrics.
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B
Drexel Hill Around average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Drexel Hill | Pennsylvania Avg | US Average |
|---|---|---|---|
| Median Household Income | $85,403 | $78,249 | $80,455 |
| Median Personal Income | $62,053 | $62,573 | $60,758 |
| Average Yearly Income Growth | 3.5% | 4.4% | 4.8% |
| Six-Figure Earners | 14.4% | 13.0% | 13.9% |
| $200k+ Households | 14.7% | 11.8% | 13.2% |
The median household income in Drexel Hill is about 9% higher than in Pennsylvania. Income has been growing slower in Drexel Hill (3.5%/yr) than in Pennsylvania (4.4%/yr).
About 14% of adults in Drexel Hill earn six figures ($100,000 or more) a year, higher than the Pennsylvania average of 13%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Drexel Hill, Pennsylvania grew by 33.1% from 2009 to 2024, reaching $85,403 in 2024. That's an average of about 3.5% per year.
Income Inequality and the Gender Pay Gap in Drexel Hill
| Metric | Drexel Hill | Pennsylvania Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.506 | 0.537 | 0.552 |
| Male Median Income | $68,452 | $71,585 | $69,667 |
| Female Median Income | $61,182 | $57,854 | $56,850 |
| Gender Pay Gap | 10.6% | 19.2% | 18.4% |
The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Drexel Hill, it is 0.506, lower than Pennsylvania's 0.537, so income is more evenly distributed here than there, and lower than the US's 0.552, so income is more evenly distributed here than there.
Men's income is about 12% more than women's income in Drexel Hill, Pennsylvania. Over a 35-year career, a 12% wage gap accumulates to roughly $254,450 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Drexel Hill, Pennsylvania has narrowed from about 18% to 11% in 2024. In dollar terms, the gap has narrowed by $2,760 since 2009.
Employment
| Metric | Drexel Hill | Pennsylvania Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 7.7% | 5.2% | 5.2% |
| Working from Home | 17.9% | 15.6% | 15.0% |
| Commute time (minutes) | 30 | 22 | 22 |
Approximately 1,377 people are unemployed in Drexel Hill, Pennsylvania.
The average commute time in Drexel Hill is 30 minutes, longer than the 22 minutes in Pennsylvania.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Drexel Hill, Pennsylvania has risen from 7.6% to 7.7% in 2024. Over that period the rate peaked at 9.0% in 2014 and fell as low as 4.2% in 2019.
Conclusion
Considering all these factors, Drexel Hill, Pennsylvania has an overall wealth index grade of B, making it somewhat better than Pennsylvania, and somewhat better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Drexel Hill, Pennsylvania.
How Rich Is Drexel Hill, Pennsylvania?
Drexel Hill has a wealth index grade of B. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a B grade means residents are quite well off compared to the U.S. average. The median household income is $85,403, about 9% higher than the Pennsylvania average of $78,249.
Are incomes growing in Drexel Hill, Pennsylvania?
Between 2009 and 2024, the median household income in Drexel Hill, Pennsylvania rose 33%, from $64,178 to $85,403. Over the same years, income here lagged behind Pennsylvania as a whole: +33% against +57%.
What was the median household income in Drexel Hill in 2023?
In 2023, the median household income in Drexel Hill, Pennsylvania was $86,072, up 5% from $82,214 in 2022. The Pennsylvania median that year was $76,230.
What was the median household income in Drexel Hill in 2020?
In 2020, the median household income in Drexel Hill, Pennsylvania was $70,001. By 2024 it had risen 22% to $85,403.
Is it hard to find a job in Drexel Hill, Pennsylvania?
Unemployment in Drexel Hill, Pennsylvania is 7.7%, well above the Pennsylvania rate of 5.2%, so job seekers may face more competition than elsewhere.
What is the Gini coefficient in Drexel Hill, Pennsylvania?
The Gini coefficient in Drexel Hill is 0.506. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is lower than the US average of 0.552, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in Drexel Hill, Pennsylvania?
Since 2009, the income gap between men and women in Drexel Hill, Pennsylvania has narrowed from about 18% to 11% in 2024. In dollar terms, the gap has narrowed by $2,760 since 2009.
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