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The total population of Cheltenham township is estimated to be 37,809 with 17,687 males (46.78%) and 20,122 females (53.22%). There are 2,435 more females than males in Cheltenham township.
The median household income in Cheltenham township was $103,915 in 2021, which marked an a decrease of 1,071(1.02%) from $104,986 in 2020. This income is 139.29% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Cheltenham township sees its highest median household income among householders in the age group of 45 to 64 years old, at $130,250. Overall, the median household income for the township of Cheltenham township stands at $103,915.
In Cheltenham township, the median income for all workers aged 15 years and older, regardless of work hours, was $59,034 for males and $43,939 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $85,737 for males and $68,762 for females.
In Cheltenham township, the demographic landscape is diverse, spanning 4 distinct racial categories among households. Among these, White households have the highest median household income at $122,954, while Some Other Race households represent the opposite end with the lowest median household income of $66,841.
In 2022, the population of Cheltenham township was 38,515, a 0.19% decrease year-by-year from 2021. Previously, in 2021, Cheltenham township's population was 38,590, an increase of 3.13% compared to a population of 37,418 in 2020.
The median age in Cheltenham Township, Pennsylvania is 40.3, as per 2021 ACS 5-Year Estimates. Of the total population, 16.04% were under the age of 15, 22.28% aged 15 to 29, 42.12% aged 30 to 64, 17.02% aged 65 to 84, and 2.54% were 85 years of age and older.
Racial distribution of Cheltenham township population: 51.42% are White, 35.81% are Black or African American, 0.06% are American Indian and Alaska Native, 7.20% are Asian, 0.12% are Native Hawaiian and other Pacific Islander, 1.09% are some other race and 4.30% are multiracial.