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The total population of Madison township is estimated to be 2,666 with 1,281 males (48.05%) and 1,385 females (51.95%). There are 104 more females than males in Madison township.
The median household income in Madison township was $78,636 in 2021, which marked an a decrease of 2,696(3.31%) from $81,332 in 2020. This income is 105.40% 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, Madison township sees its highest median household income among householders in the age group of 45 to 64 years old, at $92,970. Overall, the median household income for the township of Madison township stands at $78,636.
In Madison township, the median income for all workers aged 15 years and older, regardless of work hours, was $52,449 for males and $23,768 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $65,474 for males and $50,965 for females.
In Madison township, population is primarily represented by White households, reporting a median income of $78,636.
In 2022, the population of Madison township was 2,476, a 0.00% decrease year-by-year from 2021. Previously, in 2021, Madison township's population was 2,476, an increase of 0.41% compared to a population of 2,466 in 2020.
The median age in Madison township, Lackawanna County, Pennsylvania is 46.6, as per 2021 ACS 5-Year Estimates. Of the total population, 18.35% were under the age of 15, 14.16% aged 15 to 29, 53.39% aged 30 to 64, 13.13% aged 65 to 84, and 0.96% were 85 years of age and older.
Racial distribution of Madison township population: 99.56% are White and 0.44% are multiracial.