Download
Share
Contents
Save
The total population of Montgomery township is estimated to be 23,558 with 11,762 males (49.93%) and 11,796 females (50.07%). There are 34 more females than males in Montgomery township.
The median household income in Montgomery township was $212,785 in 2021, which marked an a decrease of 14,013(6.18%) from $226,798 in 2020. This income is 285.21% 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, Montgomery township sees its highest median household income among householders in the age group of 45 to 64 years old, at $248,319. Overall, the median household income for the township of Montgomery township stands at $212,785.
In Montgomery township, the median income for all workers aged 15 years and older, regardless of work hours, was $137,538 for males and $68,990 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $173,776 for males and $115,120 for females.
In Montgomery township, the demographic landscape is diverse, spanning 4 distinct racial categories among households. Among these, Some Other Race 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 $104,645.
In 2022, the population of Montgomery township was 23,559, a 0.02% increase year-by-year from 2021. Previously, in 2021, Montgomery township's population was 23,555, a decline of 0.32% compared to a population of 23,630 in 2020.
The median age in Montgomery Township, New Jersey is 41.7, as per 2021 ACS 5-Year Estimates. Of the total population, 19.06% were under the age of 15, 18.38% aged 15 to 29, 49.71% aged 30 to 64, 10.59% aged 65 to 84, and 2.26% were 85 years of age and older.
Racial distribution of Montgomery township population: 53.25% are White, 3.46% are Black or African American, 0.34% are American Indian and Alaska Native, 38.60% are Asian, 0.85% are some other race and 3.50% are multiracial.