Lower Gwynedd Average Income, Population and Demographics

Are you tired of spending 10+ hours searching for demographic and population data for Lower Gwynedd, Pennsylvania? 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 Lower Gwynedd, covering popular demographics statistics like household income, race, age and gender, educational attainment, poverty, housing, and transportation.

The data on this page is from the 2022 American Community Survey (ACS) 5-Year survey from the US Census Bureau.

Median Household Income

According to the latest ACS 5-year survey in 2022, the median household income in Lower Gwynedd is $125,931.00.

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

  • Under 25
    $0.00
  • 25 to 44
    $205,288.00
  • 45 to 64
    $193,571.00
  • 65 and over
    $69,505.00

Average Household Income

A very commonly asked question is "what is the average household income in Lower Gwynedd, Pennsylvania?". 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 Lower Gwynedd is $200,297.00.

31.81% of households in Lower Gwynedd, Pennsylvania 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 Lower Gwynedd 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 Lower Gwynedd

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 Lower Gwynedd, Pennsylvania 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
    7.31%
  • $25,000 to $49,999
    13.51%
  • $50,000 to $74,999
    13.83%
  • $75,000 to $99,999
    7.67%
  • $100,000 to $149,999
    13.51%
  • $150,000 to $199,999
    12.35%
  • $200,000 or more
    31.81%

Per Capita Income

The per capita income is the average income of all people in Lower Gwynedd, Pennsylvania. This is calculated by dividing the total income of all people in Lower Gwynedd by the total number of people in Lower Gwynedd.

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

The per capita income in Lower Gwynedd, Pennsylvania is $79,200.00.

Population in Lower Gwynedd by Race and Ethnicity

The total population in Lower Gwynedd is currently 12,085 people.

The race and ethnicity of the population in Lower Gwynedd 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 Lower Gwynedd, Pennsylvania.

  • 0.80% White
    99
  • 96.60% Black/African American
    11,677
  • 72.80% Native
    8,796
  • 2.70% Hispanic
    325
  • 6.30% Asian
    761
  • 0.00% Hawaiian/Pacific Islander
    0
  • 0.00% Two or more races
    0
  • 14.90% Other
    1,798

Population of Lower Gwynedd by Age and Gender

Another very important demographics statistic for Lower Gwynedd, Pennsylvania 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 531 578
10 to 19 Years 805 924
20 to 29 Years 635 396
30 to 39 Years 473 570
40 to 49 Years 628 801
50 to 59 Years 810 793
60 to 69 Years 635 1,163
70 Years and over 901 1,442

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 Lower Gwynedd, Pennsylvania.

  • Master's degree or higher
    27.53%
  • Bachelor's degree
    48.46%
  • Some college or associate's degree
    5.87%
  • High school diploma or equivalent
    17.45%
  • Less than high school diploma
    0.70%

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 Lower Gwynedd 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 Lower Gwynedd 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 Lower Gwynedd, Pennsylvania that are over the age of 16.

The current population in Lower Gwynedd that are over the age of 16 is 9,925 people.

The unemployment rate in Lower Gwynedd is 3.70%, which means 200 people are unemployed.

Median Age in Lower Gwynedd

The median age is an interesting metric because it gives us an idea of the age distribution of people in Lower Gwynedd, Pennsylvania. 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 Lower Gwynedd is 49 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 Lower Gwynedd

49

Total

46

Male

50.8

Female

Households and Families

There are a total of 4,706 households in Lower Gwynedd, and the average household size is 2.45 people.

For families, the total number is 3,079, and the average family size is 3.13 people.

1.60% of those families in Lower Gwynedd, Pennsylvania are living below the poverty line.

The table below shows the poverty thresholds for Lower Gwynedd in .

Household Size Poverty Threshold
1 Person $14,580.00
2 People $19,720.00
3 People $24,860.00
4 People $30,000.00
5 People $35,140.00
6 People $40,280.00
7 People $45,420.00
8 People $50,560.00

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

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 Lower Gwynedd, Pennsylvania for each type, as well as the average sizes.

Married Male Female Nonfamily
Total Households 2,432 192 455 1,627
Average Household Size 3.2 3.59 2.82 1.1
Total Families 2,432 192 455 0
Average Household Size 3.19 3.19 2.76 0

Housing Data in Lower Gwynedd

There are total of 4,987 housing units in Lower Gwynedd, Pennsylvania. Of those units, 4,706 (94.37%) are occupied, and 281 (5.63%) are vacant.

Rental Rates

Of the 4,987 housing units in Lower Gwynedd, 980 (19.65%) are occupied by renters. The median rent paid by renters is $1,993.00.

Owner occupied housing units make up the remaining 73.55% of housing units, with 3,668 housing units in total.

The table below breaks down how much rent is paid by renters in Lower Gwynedd, Pennsylvania.

  • No rent paid
    58
  • Less than $500
    0
  • $500 to $999
    28
  • $1,000 to $1,499
    64
  • $1,500 to $1,999
    404
  • $2,000 to $2,499
    138
  • $2,500 to $2,999
    170
  • $3,000 or more
    176

Property Values

The median value of a property in Lower Gwynedd is $601,100.00.

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

  • Less than $50,000
    45
  • $50,000 to $99,999
    0
  • $100,000 to $149,999
    57
  • $150,000 to $199,999
    149
  • $200,000 to $299,999
    403
  • $300,000 to $499,999
    769
  • $500,000 to $999,999
    1,624
  • $1,000,000 or more
    621

Property Age

We can also look at the number of properties built in a given year to see the spread of property age in Lower Gwynedd, Pennsylvania.

  • 1939 or earlier
    417
  • 1940 to 1949
    206
  • 1950 to 1959
    624
  • 1960 to 1969
    531
  • 1970 to 1979
    964
  • 1980 to 1989
    984
  • 1990 to 1999
    573
  • 2000 to 2009
    490
  • 2010 to 2013
    160
  • 2014 or later
    38

Vehicles Available per Household

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

  • No vehicles available
    358
  • 1 vehicle available
    1,466
  • 2 vehicles available
    1,876
  • 3 or more vehicles available
    1,006

Commuting to Work in Lower Gwynedd

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 Lower Gwynedd, Pennsylvania, how they commute, and how that correlates to other data points.

The average travel time is 30.7 minutes, and the chart below covers the range of travel times across the population of Lower Gwynedd.

  • Less than 5 minutes
    84
  • 5 to 9 minutes
    499
  • 10 to 14 minutes
    382
  • 15 to 19 minutes
    375
  • 20 to 24 minutes
    409
  • 25 to 29 minutes
    229
  • 30 to 34 minutes
    527
  • 35 to 39 minutes
    182
  • 40 to 44 minutes
    214
  • 45 to 59 minutes
    411
  • 60 to 89 minutes
    429
  • 90 or more minutes
    102

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

  • Drove alone
    3,294
  • Carpooled
    220
  • Public transportation
    99
  • Walked
    97
  • Other means
    133
  • Worked from home
    1,014

Conclusion

Hopefully this article has given you the demographics data you were looking for in Lower Gwynedd, Pennsylvania.

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 Lower Gwynedd.

Link To or Reference This Page

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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!

  • "Lower Gwynedd Average Income, Population and Demographics". NameCensus.com. Accessed on March 29, 2024. https://namecensus.com/demographics/pennsylvania/montgomery-county/lower-gwynedd/.

  • "Lower Gwynedd Average Income, Population and Demographics". NameCensus.com, https://namecensus.com/demographics/pennsylvania/montgomery-county/lower-gwynedd/. Accessed 29 March, 2024

  • Lower Gwynedd Average Income, Population and Demographics. NameCensus.com. Retrieved from https://namecensus.com/demographics/pennsylvania/montgomery-county/lower-gwynedd/.