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The total population of Lower township is estimated to be 22,123 with 10,512 males (47.52%) and 11,611 females (52.48%). There are 1,099 more females than males in Lower township.
The median household income in Lower township was $73,560 in 2021, which marked an an increase of 323(0.44%) from $73,237 in 2020. This income is 98.60% 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 township sees its highest median household income among householders in the age group of 45 to 64 years old, at $86,375. Overall, the median household income for the township of Lower township stands at $73,560.
In Lower township, the median income for all workers aged 15 years and older, regardless of work hours, was $47,658 for males and $30,542 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $62,309 for males and $48,417 for females.
In Lower township, there are just three different racial groups among households. Among these, White households report a median household income of $74,239, followed by Two or More Races households at $72,511, and Some Other Race households with a median household income of $46,518.
In 2022, the population of Lower township was 22,129, a 0.19% decrease year-by-year from 2021. Previously, in 2021, Lower township's population was 22,172, an increase of 0.79% compared to a population of 21,998 in 2020.
The median age in Lower Township, New Jersey is 48.9, as per 2021 ACS 5-Year Estimates. Of the total population, 15.31% were under the age of 15, 16.47% aged 15 to 29, 43.90% aged 30 to 64, 21.06% aged 65 to 84, and 3.25% were 85 years of age and older.
Racial distribution of Lower township population: 91.94% are White, 0.76% are Black or African American, 0.08% are American Indian and Alaska Native, 0.34% are Asian, 1.30% are some other race and 5.58% are multiracial.