Railroads, specifically the Allegheny Portage Railroad, fueled the growth of the area. Many famous businessmen from Pittsburgh (Charles Schwab, Andrew Carnegie, Henry Clay Frick, etc.) maintained summer residences in the area.
There were 726 households out of which 26.0% had children under the age of 18 living with them, 41.9% were married couples living together, 13.6% had a female householder with no husband present, and 41.3% were non-families. 36.8% of all households were made up of individuals and 16.9% had someone living alone who was 65 years of age or older. The average household size was 2.23 and the average family size was 2.94.
In the borough the population was spread out with 21.0% under the age of 18, 10.3% from 18 to 24, 27.5% from 25 to 44, 22.2% from 45 to 64, and 19.0% who were 65 years of age or older. The median age was 39 years. For every 100 females there were 85.1 males. For every 100 females age 18 and over, there were 81.8 males.
The median income for a household in the borough was $26,293, and the median income for a family was $34,900. Males had a median income of $30,972 versus $21,853 for females. The per capita income for the borough was $15,562. About 13.7% of families and 16.8% of the population were below the poverty line, including 16.4% of those under age 18 and 6.4% of those age 65 or over.