18964 Zip Code Income, Population and Demographics

Are you tired of spending 10+ hours searching for demographic and population data for the 18964 zip code? We have all of the data you need by state, county, city, and zip code that will save you many hours of research!

In this article, we'll explore most of the 190+ data points we have for 18964, covering popular demographics statistics like household income, race, age and gender, educational attainment, poverty, housing, and transportation.

18964 is a zip code in Bucks County and Montgomery County, Pennsylvania, which covers Hilltown, Franconia, Hatfield, Lower Salford, Souderton, Telford, and Towamencin, with a total population of 14,307 people.

Median Household Income

According to the latest ACS 5-year survey in 2020, the median household income in 18964 is $79,931.00.

The chart below shows the average household income by age in 18964.

  • Under 25
    $23,170.00
  • 25 to 44
    $105,586.00
  • 45 to 64
    $89,178.00
  • 65 and over
    $45,804.00

Average Household Income

A very commonly asked question is "what is the average household income in the 18964 zip code?". The official term for the average household income is the mean household income. The mean household income is the total income of all households divided by the number of households.

The average (or mean) household income in 18964 is $101,927.00.

8.03% of households in the 18964 zip code are classed as high income households (making $200,000+ per year).

The difference between a median and an average income

The difference between a median and mean household income is that the median income is the middle point of the set of numbers whereas the mean income is an average of all numbers.

Both metrics are important when looking at the income statistics for 18964 but because the median value doesn't depend on other numbers in the dataset, it doesn't change as much when some of the values are extremely low or extremely high.

Household Income Tiers for 18964

We can also look at the household income tiers. This lets you see how many households fall into each of the earnings brackets and what percentage that bracket is of the total number of households.

The chart below shows the household income brackets to see which age groups have the highest median income. The actual data is more granular than these brackets, but we've simplified them into bigger categories to make reviewing the data for the 18964 zip code easier to view.

You can purchase the raw data above, which will have the full income tiers with smaller jumps in household income.

  • Less than $24,999
    13.00%
  • $25,000 to $49,999
    16.77%
  • $50,000 to $74,999
    17.60%
  • $75,000 to $99,999
    14.22%
  • $100,000 to $149,999
    17.40%
  • $150,000 to $199,999
    12.99%
  • $200,000 or more
    8.03%

Per Capita Income

The per capita income is the average income of all people in the 18964 zip code. This is calculated by dividing the total income of all people in 18964 by the total number of people in 18964.

It differs from the average or mean household income because it includes all people in 18964 and not just the people who earn an income (i.e. children, retirees, unemployed, etc.).

The per capita income in the 18964 zip code is $37,441.00.

Population in 18964 by Race and Ethnicity

The total population in 18964 is currently 14,307 people.

The race and ethnicity of the population in 18964 can be very important for social research, economics, and marketing to a multi-culturial society.

Whether you want to target products or services to a particular race or ethnicity, or provide housing and new businesses to improve areas with a larger ethnic minority population, this data is very valuable for discovering suitable areas.

The chart below breaks down the population and percentage for each race and ethnicity in the 18964 zip code.

  • 79.80% White
    11,423
  • 1.30% Black/African American
    182
  • 0.10% Native
    19
  • 7.90% Hispanic
    1,134
  • 9.50% Asian
    1,361
  • 0.00% Hawaiian/Pacific Islander
    0
  • 1.00% Two or more races
    137
  • 0.40% Other
    51

Population of 18964 by Age and Gender

Another very important demographics statistic for the 18964 zip code is the age and gender of the population. The age and gender of the population can be used to track trends in population growth or decline, and for businesses, the data can be used to identify people important to you and your business need.

In the table below, we show age groups at a 10 year granularity for ease of use. The raw data, which can be purchased above, includes age and gender at a 5 year granularity.

Age Group Male Female
0 to 9 Years 978 745
10 to 19 Years 993 970
20 to 29 Years 715 660
30 to 39 Years 880 925
40 to 49 Years 1,027 969
50 to 59 Years 997 990
60 to 69 Years 767 919
70 Years and over 713 1,059

Education Levels

Educational attainment is a very useful statistic that can give insights into other data such as the average household income, unemployment levels, and literacy.

What this means is that it is likely for areas that have higher levels of education to have higher average household incomes, lower unemployment rates, and higher literacy rates.

The chart below shows the educational attainment of the population in the 18964 zip code.

  • Master's degree or higher
    16.35%
  • Bachelor's degree
    31.78%
  • Some college or associate's degree
    6.33%
  • High school diploma or equivalent
    43.49%
  • Less than high school diploma
    2.04%

Unemployment Rates

The unemployment rate is the percentage of the population that is actively looking for work but is unable to find a job. The unemployment rate is a very important statistic for 18964 because it can show how many people are actively looking for work and how many people are unable to find a job.

Lower levels of unemployment is generally seen as a positive sign for the economy. It also makes the government in 18964 look good because it shows that they are doing a good job of creating jobs, working to capacity, being efficient, and keeping the economy strong.

The unemployment rate is calculated using the total population in the 18964 zip code that are over the age of 16.

The current population in 18964 that are over the age of 16 is 11,436 people.

The unemployment rate in 18964 is 32.90%, which means 3,767 people are unemployed.

Median Age in 18964

The median age is an interesting metric because it gives us an idea of the age distribution of people in the 18964 zip code. You know when you see a median age that it is the age where half of the population is older and half is younger than it.

For demographic studies, this can be used to infer and compare date to things such as birth rates, the age of parents, and so on.

An increasing median age can be a sign of an aging population, which can be a sign of a declining population. This is because older people tend to have fewer children and die more often than younger people.

The median age in 18964 is 41.7 years old.

We can also look at the median age by gender to compare the see how each group compares to the total median age:

Median age by gender in 18964

41.7

Total

39.4

Male

43.2

Female

Households and Families

There are a total of 5,283 households in 18964, and the average household size is 2.69 people.

For families, the total number is 3,875, and the average family size is 3.17 people.

5.60% of those families in the 18964 zip code are living below the poverty line.

The table below shows the poverty thresholds for 18964 in 2022.

Household Size Poverty Threshold
1 Person $13,590.00
2 People $18,310.00
3 People $23,030.00
4 People $27,750.00
5 People $32,470.00
6 People $37,190.00
7 People $41,910.00
8 People $46,630.00

Please note that the poverty thresholds shown above are from 2022, while the latest demographics data we have is from 2020.

Households and Families by Marital Status

There are four types of household and family, as defined by the Census Bureau:

  • Married-couple
  • Male householder, no spouse present
  • Female householder, no spouse present
  • Nonfamily household

In the table below, you can see the total households and families in the 18964 zip code for each type, as well as the average sizes.

Married Male Female Nonfamily
Total Households 3,240 195 440 1,408
Average Household Size 3.27 2.9 3.2 1.16
Total Families 3,240 195 440 0
Average Household Size 3.24 2.58 2.85 0

Housing Data in 18964

There are total of 5,540 housing units in the 18964 zip code. Of those units, 5,283 (95.36%) are occupied, and 257 (4.64%) are vacant.

Rental Rates

Of the 5,540 housing units in 18964, 1,345 (24.28%) are occupied by renters. The median rent paid by renters is $1,091.00.

Owner occupied housing units make up the remaining 70.63% of housing units, with 3,913 housing units in total.

The table below breaks down how much rent is paid by renters in the 18964 zip code.

  • No rent paid
    25
  • Less than $500
    74
  • $500 to $999
    481
  • $1,000 to $1,499
    561
  • $1,500 to $1,999
    146
  • $2,000 to $2,499
    83
  • $2,500 to $2,999
    0
  • $3,000 or more
    0

Property Values

The median value of a property in 18964 is $282,000.00.

The table below breaks down the range of valuations for all properties in 18964.

  • Less than $50,000
    106
  • $50,000 to $99,999
    93
  • $100,000 to $149,999
    193
  • $150,000 to $199,999
    339
  • $200,000 to $299,999
    1,503
  • $300,000 to $499,999
    1,436
  • $500,000 to $999,999
    227
  • $1,000,000 or more
    16

Property Age

We can also look at the number of properties built in a given year to see the spread of property age in the 18964 zip code.

  • 1939 or earlier
    1,021
  • 1940 to 1949
    306
  • 1950 to 1959
    752
  • 1960 to 1969
    774
  • 1970 to 1979
    742
  • 1980 to 1989
    279
  • 1990 to 1999
    1,040
  • 2000 to 2009
    512
  • 2010 to 2013
    28
  • 2014 or later
    86

Vehicles Available per Household

Finally, we have data on how many vehicles each household in 18964 has. The table below breaks down the number of vehicles available per household.

  • No vehicles available
    155
  • 1 vehicle available
    1,649
  • 2 vehicles available
    2,308
  • 3 or more vehicles available
    1,171

Commuting to Work in 18964

The time and means of commuting to work are useful metrics to look at because they can be correlated against other data such as income and education level.

Does a longer commuting time indicate a higher average income? If so, has the huge increase in home working during the pandemic changed this?

Using these metrics, we can get a better understanding of the demographics of the 18964 zip code, how they commute, and how that correlates to other data points.

The average travel time is 26.1 minutes, and the chart below covers the range of travel times across the population of 18964.

  • Less than 5 minutes
    274
  • 5 to 9 minutes
    703
  • 10 to 14 minutes
    1,255
  • 15 to 19 minutes
    1,113
  • 20 to 24 minutes
    814
  • 25 to 29 minutes
    290
  • 30 to 34 minutes
    632
  • 35 to 39 minutes
    114
  • 40 to 44 minutes
    395
  • 45 to 59 minutes
    493
  • 60 to 89 minutes
    409
  • 90 or more minutes
    293

We can also look at the means of transport in 18964 to see which modes of transport people are using to commute to work.

  • Drove alone
    5,987
  • Carpooled
    649
  • Public transportation
    83
  • Walked
    66
  • Other means
    0
  • Worked from home
    454

Conclusion

Hopefully this article has given you the demographics data you were looking for in the 18964 zip code.

If you need more demographics data, or you need the data listed above in spreadsheet form with more granular grouping, head back to the top of this page where you can purchase the complete demographics data for 18964.

Link To or Reference This Page

We spent a lot of time downloading, cleaning, merging, and formatting the data that is shown on the site.

If you found the data or information on this page useful in your research, please use the tool below to properly cite or reference Name Census as the source. We appreciate your support!

  • "18964 Zip Code Income, Population and Demographics". NameCensus.com. Accessed on December 1, 2022. https://namecensus.com/demographics/pennsylvania/18964/.

  • "18964 Zip Code Income, Population and Demographics". NameCensus.com, https://namecensus.com/demographics/pennsylvania/18964/. Accessed 1 December, 2022

  • 18964 Zip Code Income, Population and Demographics. NameCensus.com. Retrieved from https://namecensus.com/demographics/pennsylvania/18964/.