Philadelphia's Main Line is a green and prosperous area of elegant stone mansions, pretty homes, historic churches and parks, elegant stores and restaurants and quaint railroad stations. Schools are some of the nation’s best, the area has several premiere colleges, universities, and arts schools. Personal and property crime rates are well below national averages (personal crime is less than half) and median household income levels are well above. As such, Radnor, Haverford, Lower Merion and their communities are highly sought after places to live.
With a current average single home sale price of $675,000, it costs somewhat more than the national home price average (currently at $244,663) to buy in the area, but properties are of a consistently high caliber. (The average housing price in Radnor is rather higher, at about $725,000.) It is not unusual to find a majestic 4 to 6 bedroom home on beautiful grounds with a one to three million dollar asking price.
Property taxes are a great deal lower than the national average. Radnor, Haverford and Little Merion locals pay about $3.80 in tax per $1,000 of property market value, as opposed to the national average of $25.70 per $1,000. Residents pay property tax to three separate bodies: their local school district, their county and their township.
Most homes in the Radnor, Haverford and Lower Merion region are single family dwellings, but there are condominiums, townhouses and row homes in the area.
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