Township Of Lower NJ Demographic Data and Boundary Map

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Township Of Lower, NJ

The Township Of Lower is a County Subdivision of Cape May County. The subdivision has a T1 Census Class Code which indicates that the Township Of Lower is an active county subdivision that is not coextensive with an incorporated place.

Also See: Cape May County Data | Cities in Cape May County | County Subdivisions in Cape May County

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  1. Township Of Lower 2023 Demographic Data
  2. Growth Rates for Township Of Lower (Historical & 5-Year Forecast)
  3. Neighborhoods Demographics (Home Values, Household Income, etc.)
  4. New Jersey Research Tools (Easy Tools & Current Data)
  5. New Jersey Data Comparison Tool - 2023 Demographics

Township Of Lower Boundary Map


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Township Of Lower Data & Demographics (As of July 1, 2023)

POPULATION

Total Population 22,111 (100%)
Population in Households 21,844 (98.8%)
Population in Families 17,521 (79.2%)
Population in Group Quarters1 267 ( 1.2%)
Population Density 808
Diversity Index2 33
 
 

INCOME

Median Household Income $73,059
Average Household Income $99,275
% of Income for Mortgage4 29%
Per Capita Income $42,976
Wealth Index5 107

HOUSING

Total HU (Housing Units) 15,434 (100%)
Owner Occupied HU 7,843 (50.8%)
Renter Occupied HU 1,722 (11.2%)
Vacant Housing Units 5,869 (38.0%)
Median Home Value $356,151
Average Home Value $417,018
Housing Affordability Index3 76
 

HOUSEHOLDS

Total Households 9,565
Average Household Size 2.28000000000
Family Households 6,168
Average Family Size 3
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2020-2022 2022-2027
Population 0.08% -0.30%
Households 0.39% 0.06%
Families   0.04%
Median Household Income   1.64%
Per Capita Income   3.00%
Owner Occupied HU   0.24%

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More Tools and Resources:

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  4. See the References & Data Sources page for more information about methodology and sources of data.

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