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The total population of Montgomery township is estimated to be 25,861 with 12,804 males (49.51%) and 13,057 females (50.49%). There are 253 more females than males in Montgomery township.
The median household income in Montgomery township was $121,557 in 2021, which marked an an increase of 3,795(3.22%) from $117,762 in 2020. This income is 162.93% 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 25 to 44 years old, at $169,981. Overall, the median household income for the township of Montgomery township stands at $121,557.
In Montgomery township, the median income for all workers aged 15 years and older, regardless of work hours, was $69,386 for males and $40,915 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $94,100 for males and $82,408 for females.
In Montgomery township, the demographic landscape is diverse, spanning 4 distinct racial categories among households. Among these, Two or More Races households have the highest median household income at $270,229, while White households represent the opposite end with the lowest median household income of $113,830.
In 2022, the population of Montgomery township was 26,028, a 0.08% decrease year-by-year from 2021. Previously, in 2021, Montgomery township's population was 26,049, an increase of 0.70% compared to a population of 25,867 in 2020.
The median age in Montgomery township, Montgomery County, Pennsylvania is 45.8, as per 2021 ACS 5-Year Estimates. Of the total population, 17.22% were under the age of 15, 14.53% aged 15 to 29, 50.08% aged 30 to 64, 15.26% aged 65 to 84, and 2.90% were 85 years of age and older.
Racial distribution of Montgomery township population: 71.65% are White, 5.96% are Black or African American, 19.22% are Asian, 0.07% are Native Hawaiian and other Pacific Islander, 0.12% are some other race and 2.99% are multiracial.