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The total population of Moorestown township is estimated to be 21,337 with 10,234 males (47.96%) and 11,103 females (52.04%). There are 869 more females than males in Moorestown township.
The median household income in Moorestown township was $161,596 in 2021, which marked an a decrease of 15,339(8.67%) from $176,935 in 2020. This income is 216.60% 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, Moorestown township sees its highest median household income among householders in the age group of 45 to 64 years old, at $215,170. Overall, the median household income for the township of Moorestown township stands at $161,596.
In Moorestown township, the median income for all workers aged 15 years and older, regardless of work hours, was $85,484 for males and $46,292 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $137,792 for males and $95,599 for females.
In Moorestown 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 $120,504.
In 2022, the population of Moorestown township was 21,500, a 0.41% increase year-by-year from 2021. Previously, in 2021, Moorestown township's population was 21,413, an increase of 0.21% compared to a population of 21,369 in 2020.
The median age in Moorestown Township, New Jersey is 44.4, as per 2021 ACS 5-Year Estimates. Of the total population, 18.46% were under the age of 15, 16.99% aged 15 to 29, 48.19% aged 30 to 64, 13.81% aged 65 to 84, and 2.56% were 85 years of age and older.
Racial distribution of Moorestown township population: 81.44% are White, 3.94% are Black or African American, 0.18% are American Indian and Alaska Native, 7.55% are Asian, 1.72% are some other race and 5.17% are multiracial.