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The total population of Frankford township is estimated to be 5,315 with 2,879 males (54.17%) and 2,436 females (45.83%). There are 443 less females than males in Frankford township.
The median household income in Frankford township was $109,442 in 2021, which marked an an increase of 5,187(4.98%) from $104,255 in 2020. This income is 146.69% 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, Frankford township sees its highest median household income among householders in the age group of 25 to 44 years old, at $143,981. Overall, the median household income for the township of Frankford township stands at $109,442.
In Frankford township, the median income for all workers aged 15 years and older, regardless of work hours, was $73,441 for males and $37,179 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $99,002 for males and $55,979 for females.
In Frankford township, there are just two different racial groups among households. Among these, Two or More Races households report a median household income of $205,965, while White households have a median household income of $108,313.
In 2022, the population of Frankford township was 5,319, a 0.06% increase year-by-year from 2021. Previously, in 2021, Frankford township's population was 5,316, an increase of 0.53% compared to a population of 5,288 in 2020.
The median age in Frankford Township, New Jersey is 48.8, as per 2021 ACS 5-Year Estimates. Of the total population, 15.79% were under the age of 15, 13.94% aged 15 to 29, 51.54% aged 30 to 64, 17.18% aged 65 to 84, and 1.55% were 85 years of age and older.
Racial distribution of Frankford township population: 88.82% are White, 0.22% are Black or African American, 2.53% are Asian, 4.51% are some other race and 3.92% are multiracial.