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The total population of Freehold township is estimated to be 1,075 with 587 males (54.60%) and 488 females (45.40%). There are 99 less females than males in Freehold township.
The median household income in Freehold township was $70,415 in 2021, which marked an an increase of 11,937(20.41%) from $58,478 in 2020. This income is 94.38% 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, Freehold township sees its highest median household income among householders in the age group of 25 to 44 years old, at $77,691. Overall, the median household income for the township of Freehold township stands at $70,415.
In Freehold township, the median income for all workers aged 15 years and older, regardless of work hours, was $41,678 for males and $24,321 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $58,836 for males and $40,234 for females.
In Freehold township, there are just two different racial groups among households. Among these, Two or More Races households report a median household income of $158,624, while White households have a median household income of $70,363.
In 2022, the population of Freehold township was 1,187, a 0.92% decrease year-by-year from 2021. Previously, in 2021, Freehold township's population was 1,198, a decline of 1.07% compared to a population of 1,211 in 2020.
The median age in Freehold Township, Pennsylvania is 43.3, as per 2021 ACS 5-Year Estimates. Of the total population, 21.48% were under the age of 15, 17.83% aged 15 to 29, 40.62% aged 30 to 64, 19.79% aged 65 to 84, and 0.28% were 85 years of age and older.
Racial distribution of Freehold township population: 95.99% are White, 0.19% are Black or African American, 0.19% are American Indian and Alaska Native, 0.65% are Asian and 2.99% are multiracial.