When looking for a new place to live, one of the major factors to consider is the cost of living. Coraopolis is no exception. The average cost of living is less expensive than the national average. While some areas are cheaper than others on a state and federal level, overall housing, utilities, and miscellaneous goods are cheaper in Coraopolis than they are in other cities.
The town's growth and development can be traced back to the 1830s. The Watson family immigrated from Scotland in 1830. The Watson family set up a sawmill on Fifth Avenue and later operated a grist mill on the river bank in Mill Street. The growth of the town continued along with the construction of the Pittsburgh and Lake Erie Railroad in 1877. A number of local residents owned stock in the company. In 1890, oil was discovered at both ends of the borough. Although the effects of the oil boom were relatively modest, the borough began to grow.
In terms of racial makeup, Coraopolis, PA has a majority of White residents, while Black or African American citizens are the second most common. In terms of employment, the most common group is Office & Administrative Support Occupations, with 404 people employed in this area. The median household income is $94,700. The median age of residents in Coraopolis, PA is 40.8.