The Philadelphia Inquirer published an article on December 7th that examined the growth and decline of the median income in the Philadelphia suburbs. The study utilized census data collected since 1999.
In the Pennsylvania suburbs, the largest increase in median income was seen in Conshohocken, up 21 percent from $60,965 in 1999 to $73,750 during the survey years.
“Lots of financial institutions have set up in Conshohocken, bringing jobs with them,” Elesh said. “And you’ve seen lots of construction there.”
The Elesh quoted is Temple sociologist David Elesh.