What to know when moving to Folsom, PA
Folsom at a Glance
- The Vibe:
- A community where 30.9% of residents hold a bachelor's degree and 19.9% are renters.
- The Major Draw:
- Median household income is $102,313, offering a solid earning potential.
- The Reality Check:
- With a poverty rate of 11.4%, some residents may experience financial challenges.
- Commute:
- Only 4% of residents use public transit.
- Top Tip:
- Budget for a median gross rent of $1,284.
The 'Vibe' Check: Who Thrives Here?
Folsom is a suburban environment with a population of 7,614. The median household income of $102,313 suggests a relatively affluent community. The education level is notable, with over 30% of residents holding a bachelor's degree. However, the area has a renter percentage of 19.9%, indicating that housing may be a mix of ownership and rentals.
Probably not your spot if you are looking for a high percentage of public transit users, as only 4% of residents commute via public transport.
Your Money: Housing & Cost Snapshot
- Median gross rent is $1,284, while the median owner-occupied home value is $264,300, reflecting a range of housing options.
- About 30.9% of residents have a bachelor's degree, pointing to a community focused on education.
- The poverty rate stands at 11.4%, which may affect some residents financially.
- With 19.9% of residents renting, there's a significant population that may be looking for affordable rental options.
Source: U.S. Census Bureau, ACS 5-Year Data Profiles.
Crime & Safety: What the Numbers Say
Pennsylvania's crime rates show a downward trend in both violent and property crimes, which may provide some peace of mind for potential residents.
- Violent crime rate is 228.5 per 100k, significantly lower than the national rate of 325.3, reflecting a 28.4% decrease since 2022.
- Property crime rate is 1,363.9 per 100k, also below the national average of 1,546.9, with a 15.4% reduction since 2022.
- Homicide rate is notably low at 4.2 per 100k, down by 55% since 2022.
Source: FBI Crime Data Explorer (state-level summarized data for Pennsylvania).
Schools & Higher Ed
Folsom residents have access to numerous educational institutions in the nearby area, enhancing opportunities for learning and advancement.
- Total postsecondary institutions nearby: 47
- Institutions with College Scorecard data: 45
- Notable institutions include Delaware County Community College and Haverford College.
Source: ArcGIS Postsecondary School Locations, NCES.
Weather & Getting Outside
While specific climate data is unavailable, nearby outdoor spots offer plenty of recreational opportunities for residents.
- Ridley Creek State Park, rated 4.7 with 3,393 reviews, is a great spot for nature enthusiasts.
- Penn Museum is also rated 4.7 with 2,848 reviews, providing educational outings nearby.
- Rose Tree Park, rated 4.7 with 1,838 reviews, is another excellent outdoor option.
- Smedley Park (Delaware County Park), rated 4.5 with 808 reviews, offers additional green space.
Source: Google Places API.