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Demographics
Population
Median Income
Racial Distributions
Devon, Pennsylvania, is classified as a "Low Diversity" community with a "White Majority" (77% in 2022). The neighborhood has a high median income of $142,815 in 2022, ranking it among Pennsylvania's most affluent areas. Devon is recognized for hosting the Devon Horse Show, the oldest and largest outdoor multi-breed horse competition in the United States.
Over the past decade, Devon has maintained its "Low Diversity" status, with the white population remaining dominant. However, gradual shifts towards increased diversity are evident. The white population decreased from 85% in 2013 to 77% in 2022. The Asian population increased most significantly, from 9% in 2013 to 14% in 2022. Hispanic and Black populations also experienced modest increases, from 2% to 5% and 0% to 2% respectively.
Devon's economic status has remained consistently high throughout the observed period. Median income increased from $127,040 in 2013 to $142,815 in 2022, representing a 12.4% growth over nine years. A notable spike in median income occurred in 2021 ($166,356). The population grew from 15,237 in 2013 to 16,694 in 2022, a 9.6% increase.
The correlation between demographic shifts and economic trends suggests that increasing diversity has not negatively impacted the area's affluence. The growing Asian population, often associated with high educational and professional attainment, may be contributing to the maintenance of high income levels.
Devon's demographic and economic trends can be contextualized within broader patterns. The gradual increase in diversity aligns with national trends, where many suburban areas are experiencing growing minority populations, particularly Asian and Hispanic groups. Devon's median income far exceeds the national median ($69,717 in 2021), reflecting its status as an exceptionally affluent community. The area's slow pace of diversification is typical of many high-income suburbs, which often experience more gradual demographic changes compared to urban centers or less affluent suburbs.
Devon remains a predominantly white, high-income community, but is showing signs of gradual diversification. This trend, coupled with continued economic prosperity, suggests that Devon is slowly evolving while maintaining its status as an affluent, desirable suburb. The community's ability to attract diverse, high-income residents may be key to its future economic stability and social development.