Elverson is a very small borough located in the state of Pennsylvania. With a population of 1,391 people and two associated neighborhoods, Elverson is the 757th largest community in Pennsylvania. Elverson home prices are not only among the most expensive in Pennsylvania, but Elverson real estate also consistently ranks among the most expensive in America.Unlike some boroughs where white-collar or blue-collar occupations dominate the local economy, Elverson is neither predominantly one nor the other. Instead, it has a mixed workforce of both white- and blue-collar jobs. Overall, Elverson is a borough of professionals, sales and office workers, and service providers. There are especially a lot of people living in Elverson who work in management occupations (12.18%), office and administrative support (11.07%), and sales jobs (11.07%). Also of interest is that Elverson 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: 9.96% 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. Being a small borough, Elverson does not have a public transit system used by locals to get to and from work.The population of Elverson is very well educated relative to most cities and towns in the nation, where the average community has 21.84% of its adult population holding a 4-year degree or higher: 36.52% of adults in Elverson have a bachelor's degree or even advanced degree. The per capita income in Elverson in 2022 was $45,955, which is wealthy relative to Pennsylvania and the nation. This equates to an annual income of $183,820 for a family of four. However, Elverson contains both very wealthy and poor people as well. The people who call Elverson home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Elverson residents report their race to be White, followed by Black or African-American. Important ancestries of people in Elverson include German, Irish, English, Italian, and Dutch. The most common language spoken in Elverson is English. Other important languages spoken here include Spanish and German/Yiddish.
