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The total population of Mount Laurel township is estimated to be 44,929 with 20,614 males (45.88%) and 24,315 females (54.12%). There are 3,701 more females than males in Mount Laurel township.
The median household income in Mount Laurel township was $111,765 in 2021, which marked an an increase of 1,243(1.12%) from $110,522 in 2020. This income is 149.81% 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, Mount Laurel township sees its highest median household income among householders in the age group of 45 to 64 years old, at $134,758. Overall, the median household income for the township of Mount Laurel township stands at $111,765.
In Mount Laurel township, the median income for all workers aged 15 years and older, regardless of work hours, was $77,323 for males and $44,031 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $98,256 for males and $76,117 for females.
In Mount Laurel township, the demographic landscape is diverse, spanning 5 distinct racial categories among households. Among these, Asian households have the highest median household income at $136,605, while Some Other Race households represent the opposite end with the lowest median household income of $47,272.
In 2022, the population of Mount Laurel township was 45,901, a 0.48% increase year-by-year from 2021. Previously, in 2021, Mount Laurel township's population was 45,683, an increase of 2.16% compared to a population of 44,715 in 2020.
The median age in Mount Laurel Township, New Jersey is 42.6, as per 2021 ACS 5-Year Estimates. Of the total population, 17.18% were under the age of 15, 16.76% aged 15 to 29, 47.40% aged 30 to 64, 16.65% aged 65 to 84, and 2.01% were 85 years of age and older.
Racial distribution of Mount Laurel township population: 71.23% are White, 12.05% are Black or African American, 0.11% are American Indian and Alaska Native, 9.07% are Asian, 3.29% are some other race and 4.26% are multiracial.