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The total population of Cranbury township is estimated to be 4,048 with 1,939 males (47.90%) and 2,109 females (52.10%). There are 170 more females than males in Cranbury township.
The median household income in Cranbury township was $185,306 in 2021, which marked an a decrease of 13,637(6.85%) from $198,943 in 2020. This income is 248.38% 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, Cranbury township sees its highest median household income among householders in the age group of 45 to 64 years old, at $214,116. Overall, the median household income for the township of Cranbury township stands at $185,306.
In Cranbury township, the median income for all workers aged 15 years and older, regardless of work hours, was $121,778 for males and $41,435 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $166,303 for males and $91,781 for females.
In Cranbury township, there are just two different racial groups among households. Among these, Asian households report a median household income of $211,453, while White households have a median household income of $186,586.
In 2022, the population of Cranbury township was 3,921, a 0.71% decrease year-by-year from 2021. Previously, in 2021, Cranbury township's population was 3,949, an increase of 1.36% compared to a population of 3,896 in 2020.
The median age in Cranbury Township, New Jersey is 49.9, as per 2021 ACS 5-Year Estimates. Of the total population, 15.97% were under the age of 15, 14.84% aged 15 to 29, 50.47% aged 30 to 64, 17.06% aged 65 to 84, and 1.66% were 85 years of age and older.
Racial distribution of Cranbury township population: 70.82% are White, 3.97% are Black or African American, 18.97% are Asian, 1.38% are some other race and 4.86% are multiracial.