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The total population of Lower Salford township is estimated to be 15,901 with 8,057 males (50.67%) and 7,844 females (49.33%). There are 213 less females than males in Lower Salford township.
The median household income in Lower Salford township was $161,050 in 2021, which marked an an increase of 11,338(7.57%) from $149,712 in 2020. This income is 215.87% 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, Lower Salford township sees its highest median household income among householders in the age group of 45 to 64 years old, at $189,622. Overall, the median household income for the township of Lower Salford township stands at $161,050.
In Lower Salford township, the median income for all workers aged 15 years and older, regardless of work hours, was $76,313 for males and $41,215 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $103,212 for males and $85,774 for females.
In Lower Salford township, the demographic landscape is diverse, spanning 4 distinct racial categories among households. Among these, Asian households have the highest median household income at $270,229, while Two or More Races households represent the opposite end with the lowest median household income of $71,473.
In 2022, the population of Lower Salford township was 16,038, a 0.10% increase year-by-year from 2021. Previously, in 2021, Lower Salford township's population was 16,022, an increase of 0.79% compared to a population of 15,896 in 2020.
The median age in Lower Salford Township, Pennsylvania is 46.4, as per 2021 ACS 5-Year Estimates. Of the total population, 14.21% were under the age of 15, 18.45% aged 15 to 29, 51.51% aged 30 to 64, 11.94% aged 65 to 84, and 3.89% were 85 years of age and older.
Racial distribution of Lower Salford township population: 86.78% are White, 4.85% are Black or African American, 0.04% are American Indian and Alaska Native, 3.97% are Asian, 0.60% are Native Hawaiian and other Pacific Islander, 1.56% are some other race and 2.20% are multiracial.