Berwyn CDP Pennsylvania Area Home Supply Charts

This page looks at a variety of Berwyn CDP Pennsylvania housing market data taken from the most recent 2022 American Community Survey census data. Housing units are structures such as a single family home, apartment community, mobile home park, public housing, etc. where a person or family live and live separately from other residents of the building. Figure 1 shows the total number of housing units for each city. Berwyn CDP depicts it has a Housing Units of 1,472 which is the second smallest when ranked by housing units of all the other places in the greater region.

Figure 2 illustrates the housing density in the Berwyn CDP housing market as measured by housing units per square land mile (includes single family homes, apartments, etc.) Berwyn CDP depicts it has a Housing Density of 790.0 which is the smallest in terms of housing density of all the other places in the surrounding region. The place with the highest housing density in the area is Chesterbrook CDP which depicts a density of 1545.2 (about twice as large). Comparing housing density to the United States average of 39.5, Berwyn CDP is very much bigger. Also, compared with the state of Pennsylvania, housing density of 127.9, Berwyn CDP is markedly bigger.

In Figure 4, Berwyn CDP area change in the number of housing units and is a forward gauge (along with population change) for any potential housing shortage. Berwyn CDP shows it has a Housing Unit Change of -9.7% which is the smallest in order of change in the housing units of all the other places in the local area. The place with the highest change in the housing units in the area is King of Prussia CDP which depicts a housing units of 25.7% (approximately 2.6 times bigger). Comparing change in the housing units to the United States average of 7.4%, Berwyn CDP is 31.9% larger. Also, measured against the state of Pennsylvania, change in the housing units of 2.9%, Berwyn CDP is approximately 3.4 times bigger.

Figure 5 shows the percentage of rental property based on that they are occupied by renters as a percent of the total number of households in the community (including homes, apartments, etc.) Berwyn CDP shows it has a Renter Percent of 42.4% which is the third most renter percent of all other places in the greater Berwyn CDP region. Figure 6 illustrates the total number of housing units that are occupied by owners. it has a Owner Percent of 57.6% which is less than most other places in the metro area.

Berwyn CDP Pennsylvania Home Cost Charts

Looking at the housing data provided in Figure 7, the average Berwyn CDP home price is illustrated for this community and a useful analysis of affordable housing. Berwyn CDP shows it has a Median Home Value of $550,100 which is the second most median home prices of all the places in the greater Berwyn CDP region. The place with the highest median home price in the area is Devon CDP which depicts a home price of $663,300 (20.6% larger). Figure 8 provides aggregate comparative data for the Berwyn CDP Pennsylvania metro area in terms of the median housing rental rate, apartment rent, etc. Berwyn CDP depicts it has a Median Gross Rent of $1,538 which is the second smallest as measured by rental rates of all the other places in the greater region. The place with the highest rental rates in the area is Chesterbrook CDP which depicts a rental rates of $2,323 (51.0% larger). Comparing rental rates to the United States average of $1,163, Berwyn CDP is 32.2% larger. Also, benchmarked against the state of Pennsylvania, rental rates of $1,013, Berwyn CDP is 51.8% larger.

Figure 9 provides the frequency distribution of home prices for the area and is useful for understanding affordable housing fund. Berwyn CDP has the percentage of home price worth between $100,000 to $200,000 the second smallest in order of home price worth less than $50,000 of all the other places in the local area at 3% of the total. Second, it has one of the largest proportions of home price worth between $1,000,000 to $1,500,000 at 7% of the total and is ranked #2. The only larger place being Devon CDP with 10%. Third, it has one of the largest proportions of home price worth between $1,500,000 to $2,000,000 at 7% of the total and is ranked #2. The only larger place being Devon CDP with 10%.

Median owner costs for the real estate market are shown in Figure 10 and include the costs associated with any mortgage, utility expenses, insurance, and other miscellaneous costs. Berwyn CDP depicts it has a Median Owner Cost of $2,656 which is more than all other places in the greater Berwyn CDP region. Figure 11 shows the median amount of cost as a percent of total household income for people who own homes in the Berwyn CDP metro area. it has a Owner Cost as % of HH Income of 20% which is ranked #1 of all places in the greater Berwyn CDP region. The next chart, Figure 12, provides a comparison chart of the median home cost as a percent of a median worker take home earnings and is thus a valuable measure of affordable housing. Berwyn CDP shows it has a Median Home Value as Percent of Median Earnings of 517% which is the second most median home value as a percent of median worker earnings of all the places in the greater Berwyn CDP region.

Figure 14 depicts the median cost of housing for owners with also have a mortgages (versus those who do not have a mortgage because mortgage cost is included.) Berwyn CDP depicts it has a Median Owner Costs-With Mortgage of $2,962 which is the second most median housing cost of all the places in the greater Berwyn CDP region. Figure 15 is a chart that shows the median housing costs for owners who do not have mortgages (and therefore the cost of home ownership does not include mortgage cost.) it has a Median Owner Costs-Without Mortgage of $1,159 which is the second most of all the places in the area.

Figure 16 shows the distribution in total housing cost for owners of property (so not renters.) This cost includes mortgages, lines of credit interest, utilities, taxes, insurance, etc. Berwyn CDP has the percentage of owner cost between $300 and $500 less than most other places in the local area at 2% of the total. Second, it has the second smallest in order of owner cost less than $300 of all the other places in the surrounding region when ranked by owner cost between $500 and $700 at 8% of the total. Third, it has the smallest proportion of owner cost between $1,500 and $2,000 at 8% of the total. Also, it has the largest proportion of owner cost between $2,000 and $2,500 at 18% of the total and is ranked #1. In addition, it has the largest proportion of owner cost between $2,500 and $3,000 at 21% of the total and is ranked #1. Furthermore, it has one of the largest proportions of owner cost between $3,500 and $4,000 at 11% of the total and is ranked #2. The only larger place being Devon CDP with 16%.

Next shown in Figure 17 is the housing cost as a percent of household income for people who own their homes and have a mortgages (thus the cost of financing the home is included.) Berwyn CDP depicts it has a % of Income Owner Costs-With Mortgage of 21% which is the second most cost as a percent of household income of all the places in the greater Berwyn CDP region. The place with the highest cost as a percent of household income in the area is Chesterbrook CDP which shows a cost as a percent of household income of 22% (only about 4.3% larger). Housing cost as a percent of household income for owners who do not have a mortgage is shown in Figure 18. This analysis can be useful for understanding the affordable housing for home ownership excluding any financing cost in the area shown. Berwyn CDP shows it has a % of Income Owner Costs-No Mortgage of 12% which is in the mid point range of other places in the metropolitan area. The place with the highest cost as a percent of household income in the area is Devon CDP which depicts a cost as a percent of household income of 15% (24.6% larger).

Figure 19 looks at the cost of rent for rental property using the percent of total household income which is a valuable measure of financial health for the area. (The higher the proportion of rent payments to total household income is a sign of greater financial stress. Also, rent can be covered by rent assistance and rent assistance programs in the form of rent assistance.) Berwyn CDP has the percentage of rent as a percent of income is less than 10 pct the second smallest in order of rent as a percent of income is less than 10 pct of all the other places in the greater region at 14% of the total. Second, it has one of the largest proportions of rent as a percent of income is between 30pct to 40pct at 8% of the total and is ranked #2. The only larger place being Paoli CDP with 13%. Third, it has one of the largest proportions of rent as a percent of income is between 40pct to 50pct at 29% of the total and is ranked #2. The only larger place being Audubon CDP with 35%.

Figure 20 shows the total housing cost for both home owners and apartment community renters in the area. Berwyn CDP has the smallest proportion of housing cost between $500 and $700 at 5% of the total. Second, it has the smallest proportion of housing cost between $1,500 and $2,000 at 7% of the total.

Figure 21 shows median amount of real estate taxes paid for home owners in the region. it has a Median Real Estate Taxes Paid of $6,574 which is the second most of all the places in the metro area. The place with the highest median real estate taxes paid in the area is Devon CDP which shows a taxes paid of $6,802 (only about 3.5% larger). Comparing median real estate taxes paid to the United States average of $2,690, Berwyn CDP is approximately 2.4 times bigger. Also, compared with the state of Pennsylvania, median real estate taxes paid of $3,022, Berwyn CDP is about twice as large.

Figure 22 shows the percentage of renters who pay for utilities in Berwyn CDP Pennsylvania. This is calculated as the percent of renters who pay separately for utilities versus the people who have utilities included as part of amenities. Berwyn CDP has the percentage of pay extra for utilities in the mid range of other places in the metro area at 4% of the total.

Figure 23 shows the rental rate distribution for this area. Berwyn CDP Pennsylvania has the largest proportion of rent less than 300 dollars at 8% of the total and is ranked #1. Second, it has the second smallest when ranked by rent less than 300 dollars of all the other places in the local area when ranked by rent between 1000 and 1500 dollars at 41% of the total. Third, it has one of the largest proportions of rent between $2,500 and $3,500 at 9% of the total and is ranked #2. The only larger place being Audubon CDP with 10%.

Berwyn CDP Pennsylvania Home Financing Charts

The analysis in Figure 25 shows the detailed distribution of owned homes by mortgage status. Berwyn CDP has the largest proportion of With mortgage at 63% of the total and is ranked #1. Second, it has the smallest proportion of With HELOC no Primary Mortgage at 26% of the total.

Figure 26 shows the proportion of houses with a mortgage versus those without a mortgage. Berwyn CDP has the smallest proportion of houses with mortgages at 26% of the total.

Berwyn CDP Pennsylvania Home Characteristics Charts

Figure 28 shows the household size for families living in the area and it has a Family size of 2.8 which is the smallest as measured by family members per housing unit of all the other places in the local area. The place with the highest family members per housing unit in the area is Devon CDP which shows a family members per housing unit of 3.3 (19.9% larger). Comparing family members per housing unit to the United States average of 3.3, Berwyn CDP is about 19.2% smaller. Also, compared to the state of Pennsylvania, family members per housing unit of 3.1, Berwyn CDP is about 13.1% smaller.

Figure 29 show the median number of rooms in a typical home for each location in this area. it has a Median Number of Rooms of 6.5 which is the second most average number of rooms in a house of all the places in the greater Berwyn CDP region. The place with the highest average number of rooms in a house in the area is Devon CDP which depicts an average number of rooms in a house of 8.3 (27.7% larger). Figure 30 shows, for the average house in each location, the median year that a house was built. This can be useful for understanding the relative age of one neighborhood versus another for a real estate investor. it has a Median Year Built of 1963 which is less than most other places in the greater region. The place with the highest year built in the area is Audubon CDP which depicts a year built of 1987 ( only slightly larger).

Figure 31 looks at the distribution of housing units by the median age that the homes were built. has the smallest proportion of homes built in 2020 or later at 0% of the total. Second, it has the smallest proportion of homes built between 2000 to 2009 at 1% of the total. Third, it has the largest proportion of homes built between 1970 to 1979 at 20% of the total and is ranked #1. Also, it has one of the largest proportions of homes built between 1960 to 1969 at 28% of the total and is ranked #3. Only #2 Paoli CDP (31%), and #1 Devon CDP (34%) are larger. In addition, it has in the intermediate range of other places in the metro area in terms of homes built between 1940 to 1949 at 15% of the total.

Figure 32 shows the difference in the number of housing units based on whether they are occupied by owners versus occupied by renters. has the percentage of owner housing units less than most other places in the metropolitan area at 601 of the total.

Figure 33 shows the difference in the number of housing units based on whether they are occupied by owners or renters. it has the largest proportion of one unit attached at 7% of the total and is ranked #1. Second, it has one of the largest proportions of 3 or 4 units at 10% of the total and is ranked #2. The only larger place being Malvern with 11%.

Figure 34 shows the median value of homes broken down by the median year that the homes were built. it has the largest proportion of value of homes built 2010 to 2013 at $1,437,500 of the total and is ranked #1. Second, it has the largest proportion of value of homes built 1990 to 1999 at $595,200 of the total and is ranked #1. Third, it has one of the largest proportions of value of homes built 1970 to 1979 at $648,400 of the total and is ranked #2. The only larger place being Devon CDP with $825,000. Also, it has one of the largest proportions of value of homes built 1960 to 1969 at $458,900 of the total and is ranked #2. The only larger place being Devon CDP with $629,100. In addition, it has one of the largest proportions of value of homes built 1940 to 1949 at $447,500 of the total and is ranked #3. Only #2 Devon CDP ($709,600), and #1 King of Prussia CDP ($756,400) are larger.

The next two charts show both the average household size of homeowners versus the average household size of renters. Starting with Figure 36 we see the household size of homeowners for Berwyn CDP residents. it has a Owner-Household Size of 2.8 which is the second most of all the places in the local area. The place with the highest homeowner household size in the area is Devon CDP which depicts a homeowner household size of 3.1 (9.5% larger).

Figure 37 shows the household size for renters. Berwyn CDP depicts it has a Renter-Household Size of 2.0 which is in the mid point range of other places in the local area. The place with the highest renter household size in the area is Chesterbrook CDP which depicts a renter household sizes of 2.5 (26.0% larger). Figure 38 shows the year that people who own homes moved into this region. it has the largest proportion of owners moved in 2019 or later at 24% of the total and is ranked #1. Second, it has less than most other places in the metro area when sorted by owners moved in 2015 to 2018 at 13% of the total. Third, it has the largest proportion of owners moved in 2010 to 2014 at 37% of the total and is ranked #1. Also, it has the smallest proportion of owners moved in 2000 to 2009 at 8% of the total. In addition, it has the smallest proportion of owners moved in 1990 to 1999 at 7% of the total. Figure 39 shows the year that people who rent moved into the area. Berwyn CDP has the smallest proportion of renters moved in 2019 or later at 43% of the total. Second, it has the largest proportion of renters moved in 2015 to 2018 at 21% of the total and is ranked #1.

Figure 40 compares the median year that home owners moved into their home. it has a Owner Median Year Moved In of 2009 which is the highest of all places in the greater Berwyn CDP region. Figure 41 compares the median year that renters moved into their home. Berwyn CDP depicts it has a Renter Median Year Moved In of 2016 which is the second smallest as measured by median year that a renter moved in of all the other places in the greater region.

Figure 42 shows the frequency distribution of various types of energy sources used for homes in the community. it has the largest proportion of homes using natural gas at 10% of the total and is ranked #1.

The next two charts show the number of people living in group quarters and includes temporary as well permanent housing which may be run by the Berwyn CDP housing department, Pennsylvania department, or other housing authority or public housing agency. beginning with Figure 43 which shows the total number of people. Berwyn CDP depicts it has a Total In Group Quarters of 96 which is in the mid range of other places in the surrounding region.

Figure 44 shows the percentage of people who are living in group quarters to the total population for Berwyn CDP residents (these may include colleges and jails but also community centers for homelessness or that require a housing choice voucher which are run by certain nonprofits or an affordable housing department.) Berwyn CDP has the largest proportion of number of people under 18 years of age and in group quarters at 100% of the total and is ranked #1.