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Historically a large mill town and industrial and manufacturing center, after the decline of industry in recent years Conshohocken has developed into a center of riverfront commercial and residential development. It is commonly referred to by its colloquial nickname, 'Conshy'. The name 'Conshohocken' comes from 'Gueno-sheiki-hacking', meaning 'Pleasant Valley' in the native language of the Lenape tribe of the area's native Americans who first occupied the land over 300 years ago.
Conshohocken is served by two SEPTA regional railroad stations, both of which are along the R6 Norristown Line. The main one officially located at Washington and Harry Streets, and the other at Spring Mill at the end of East North Lane, south of Hector Street.