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The total population of Verona township is estimated to be 14,438 with 6,526 males (45.20%) and 7,912 females (54.80%). There are 1,386 more females than males in Verona township.
The median household income in Verona township was $152,452 in 2021, which marked an a decrease of 660(0.43%) from $153,112 in 2020. This income is 204.34% 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, Verona township sees its highest median household income among householders in the age group of 45 to 64 years old, at $211,678. Overall, the median household income for the township of Verona township stands at $152,452.
In Verona township, the median income for all workers aged 15 years and older, regardless of work hours, was $91,470 for males and $61,582 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $111,618 for males and $96,170 for females.
In Verona township, there are just three different racial groups among households. Among these, Asian households report a median household income of $270,229, followed by Two or More Races households at $270,229, and White households with a median household income of $152,201.
In 2022, the population of Verona township was 14,338, a 0.62% decrease year-by-year from 2021. Previously, in 2021, Verona township's population was 14,428, a decline of 0.99% compared to a population of 14,573 in 2020.
The median age in Verona Township, New Jersey is 44.7, as per 2021 ACS 5-Year Estimates. Of the total population, 19.75% were under the age of 15, 12.84% aged 15 to 29, 46.03% aged 30 to 64, 17.05% aged 65 to 84, and 4.33% were 85 years of age and older.
Racial distribution of Verona township population: 91.32% are White, 1.31% are Black or African American, 3.09% are Asian, 0.52% are some other race and 3.76% are multiracial.