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The total population of Valley township is estimated to be 7,910 with 3,444 males (43.54%) and 4,466 females (56.46%). There are 1,022 more females than males in Valley township.
The median household income in Valley township was $83,012 in 2021, which marked an a decrease of 1,974(2.32%) from $84,986 in 2020. This income is 111.27% 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, Valley township sees its highest median household income among householders in the age group of 25 to 44 years old, at $102,744. Overall, the median household income for the township of Valley township stands at $83,012.
In Valley township, the median income for all workers aged 15 years and older, regardless of work hours, was $45,151 for males and $29,755 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $58,285 for males and $46,592 for females.
In Valley township, there are just three different racial groups among households. Among these, White households report a median household income of $96,518, followed by Two or More Races households at $79,472, and Black or African American households with a median household income of $64,500.
In 2022, the population of Valley township was 7,973, a 0.03% decrease year-by-year from 2021. Previously, in 2021, Valley township's population was 7,975, a decline of 0.00% compared to a population of 7,975 in 2020.
The median age in Valley township, Chester County, Pennsylvania is 39.6, as per 2021 ACS 5-Year Estimates. Of the total population, 16.69% were under the age of 15, 21.51% aged 15 to 29, 45.69% aged 30 to 64, 14.52% aged 65 to 84, and 1.58% were 85 years of age and older.
Racial distribution of Valley township population: 71.81% are White, 16.30% are Black or African American, 0.01% are American Indian and Alaska Native, 0.97% are Asian, 0.94% are some other race and 9.97% are multiracial.