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The total population of Freehold township is estimated to be 35,548 with 17,374 males (48.87%) and 18,174 females (51.13%). There are 800 more females than males in Freehold township.
The median household income in Freehold township was $141,259 in 2021, which marked an an increase of 10,710(8.20%) from $130,549 in 2020. This income is 189.34% 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, Freehold township sees its highest median household income among householders in the age group of 45 to 64 years old, at $177,585. Overall, the median household income for the township of Freehold township stands at $141,259.
In Freehold township, the median income for all workers aged 15 years and older, regardless of work hours, was $76,811 for males and $41,675 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $113,595 for males and $74,080 for females.
In Freehold township, the demographic landscape is diverse, spanning 5 distinct racial categories among households. Among these, Two or More Races households have the highest median household income at $224,726, while Black or African American households represent the opposite end with the lowest median household income of $49,204.
In 2022, the population of Freehold township was 35,576, a 0.39% decrease year-by-year from 2021. Previously, in 2021, Freehold township's population was 35,714, an increase of 0.89% compared to a population of 35,399 in 2020.
The median age in Freehold Township, New Jersey is 42.0, as per 2021 ACS 5-Year Estimates. Of the total population, 17.42% were under the age of 15, 17.93% aged 15 to 29, 47.56% aged 30 to 64, 14.74% aged 65 to 84, and 2.35% were 85 years of age and older.
Racial distribution of Freehold township population: 80.62% are White, 4.73% are Black or African American, 0.02% are American Indian and Alaska Native, 7.85% are Asian, 1% are some other race and 5.79% are multiracial.