Housing data for Lower Merion Township, PA

Lower Merion Township, PA has an estimated 64,174 residents and 25,357 homes (US Census Bureau, 2020–2024 American Community Survey).

It is a township in Montgomery County.

25.3% of households rent.

The median gross rent is $1,893 a month.

Its population grew measurably since 2015–2019 (+8.7%).

Figures last updated on .

Residents
64,174 (±36)
Housing units
25,357 (±563)
Households that rent
25.3%
Median gross rent
$1,893
Residents since 2015–2019
+8.7%

What stands out in Lower Merion Township

Median home value: $810,400 (±$24,583) in Lower Merion Township, higher than in Montgomery County ($436,700).

Median real estate taxes: $9,960 (±$407) in Lower Merion Township, higher than in Montgomery County ($5,875).

Median household income: $176,512 (±$12,969) in Lower Merion Township, higher than in Montgomery County ($113,915).

Homes heated by fuel oil: 6.2% (±1.0 points) in Lower Merion Township, lower than in Montgomery County (14.5%).

Housing in Lower Merion Township at a glance

Lower Merion Township against Montgomery County, its state and the nation

Estimate (90% margin of error)
Lower Merion TownshipMontgomery CountyPennsylvaniaUnited States
Residents64,174 (±36)867,573 (exact)13,018,639 (exact)334,922,499
Housing units25,357 (±563)350,351 (±250)5,806,452 (±672)143,775,355
Households that rent25.3% (±1.5 points)28.6% (±0.6 points)30.7% (±0.2 points)34.8%
Median gross rent$1,893 (±$68)$1,683 (±$19)$1,209 (±$5)$1,413
Median household income$176,512 (±$12,969)$113,915 (±$1,905)$77,971 (±$342)$80,734
Median home value$810,400 (±$24,583)$436,700 (±$2,838)$254,500 (±$767)$332,700
Median real estate taxes (a year)$9,960 (±$407)$5,875 (±$49)$3,311 (±$12)$3,119
Built before 198081.1% (±3.6 points)61.1% (±1.0 points)67.3% (±0.2 points)49.7%
Average commute29.0 minutes (±1.2)27.8 minutes (±0.3)26.3 minutes (±0.1)26.4 minutes
Households with broadband95.8% (±1.0 points)94.3% (±0.3 points)89.7% (±0.1 points)91.0%
Median age of residents41.2 years (±1.1)41.2 years (±0.2)40.9 years (±0.2)38.9 years

Lower Merion Township covers 23.6 square miles of land, about 2,718 residents per square mile (Census Bureau Gazetteer).

How Lower Merion Township has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Residents59,037 (±97)64,174 (±36)+8.7%Measurable increase
Housing units24,302 (±383)25,357 (±563)+4.3%Measurable increase
Median gross rent$1,541 (±$63)$1,893 (±$68)+22.8%No measurable change after inflation
Median home value$611,400 (±$13,611)$810,400 (±$24,583)+32.5%Up after inflation
Median household income$136,288 (±$4,197)$176,512 (±$12,969)+29.5%No measurable change after inflation
Median owner cost with a mortgage$3,377 (±$96)$3,811 (±$201)+12.9%Down after inflation
Median real estate taxes$8,404 (±$250)$9,960 (±$407)+18.5%No measurable change after inflation
Households that rent26.3% (±1.2 points)25.3% (±1.5 points)−1.0 percentage pointsNot a measurable change
Rental vacancy rate3.4% (±1.7 points)2.9% (±1.7 points)−0.5 percentage pointsNot a measurable change

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Crime reported to police in Lower Merion Township

In 2025, the Lower Merion Township Police Department reported 43 violent and 1,431 property crimes per 100,000 residents to the FBI.

Across Montgomery County, the departments that report recorded 107 violent and 1,492 property crimes per 100,000 residents that year.

ZIP codes in Lower Merion Township

ZIP Code Tabulation Areas that cover this place (2020–2024 estimates)
ZIP codeShare of the ZIP’s land in this placeResidentsMedian gross rentMedian home valueMedian household income
19004100%11,230$1,863$632,000$149,232
19035100%3,937$3,500 or more$1,477,200$250,000 or more
19066100%5,839$2,206$879,700$250,000 or more
1909695%15,249$1,969$713,100$186,277
1907284%10,129$1,896$819,700$172,550
1900346%14,255$1,706$448,500$119,861
1901045%21,827$1,918$803,100$144,471
1908543%11,230—$1,056,000$250,000 or more
1904132%6,308$3,388$954,000$151,989

A ZIP code is a mail route rather than a boundary, so the Census Bureau publishes figures for ZIP Code Tabulation Areas built from census blocks; the share column says how much of each one’s land lies in this place.

Places near Lower Merion Township

Nearest places with Census figures, by straight-line distance
PlaceDistanceMedian gross rentMedian home valueHouseholds that rent
Narberth1.7 mi$1,823$749,50044.7%
Haverford College2.1 mi$1,244—90.5%
Villanova3.4 mi—$946,4000.0%
West Conshohocken3.5 mi$2,270$475,50025.1%
Conshohocken3.5 mi$2,147$443,60051.0%
Haverford Township3.6 mi$1,766$466,40012.6%
Millbourne4.8 mi$1,016$266,70065.8%
Swedeland4.9 mi$2,132$340,00018.0%

Places in Pennsylvania most like Lower Merion Township

PlaceMedian gross rentMedian home valueMedian household incomeHouseholds that rent
Radnor Township$1,927$833,900$164,35934.1%
Swarthmore$1,532$633,800$152,36124.0%
Wayne$2,022$713,300$150,53933.9%
Upper Providence Township (Delaware County)$1,566$632,400$150,56326.2%
Tredyffrin Township$2,105$709,700$162,19425.7%
New Hope$2,000$716,200$175,15628.8%

Matched on rent, home value, income, the share who rent, the age of the homes, the share in apartment buildings and the commute, each measured against the spread across Pennsylvania.

HUD Fair Market Rent for Lower Merion Township, fiscal year 2027

Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA, dollars a month
Studio1 bedroom2 bedrooms3 bedrooms4 bedrooms
$1,438$1,558$1,860$2,216$2,445

HUD also publishes a Small Area Fair Market Rent for each ZIP code in the area; the Fair Market Rent page for this place lists its ZIP codes.

HUD income limits for Lower Merion Township, fiscal year 2026

Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA, annual household income
Household sizeExtremely low (30%)Very low (50%)Low (80%)
1 person$25,800$42,950$68,750
2 people$29,450$49,100$78,550
3 people$33,150$55,250$88,350
4 people$36,800$61,350$98,150
5 people$39,750$66,300$106,050
6 people$44,360$71,200$113,900
7 people$50,040$76,100$121,750
8 people$55,720$81,000$129,600

These are the limits HUD sets for its housing programs in the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA, where HUD’s median family income for fiscal year 2026 is $122,700.

A program can use its own limits; tax-credit and local programs often do.

The figures for Lower Merion Township include the places inside it that have pages of their own: Ardmore, Bala Cynwyd, Bryn Mawr, Merion Station, Penn Wynne, Rosemont, Wynnewood.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Lower Merion Township

What is the average rent in Lower Merion Township, PA?

The Census Bureau publishes the median rather than the average: the median gross rent in Lower Merion Township is $1,893 (±$68) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.

How much is a one-bedroom apartment in Lower Merion Township?

The median gross rent for a one-bedroom home in Lower Merion Township, PA is $1,670 (±$58) a month (2020–2024 American Community Survey).

Are renters in Lower Merion Township rent-burdened?

50.0% of renting households in Lower Merion Township pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).

How many renters are there in Lower Merion Township?

Lower Merion Township has an estimated 6,089 (±424) renting households, 25.3% of its occupied homes (2020–2024 American Community Survey).

What is the median household income in Lower Merion Township?

The median household income in Lower Merion Township is $176,512 (±$12,969) a year (2020–2024 American Community Survey).

What is the average home value in Lower Merion Township, PA?

The Census Bureau publishes the median: $810,400 (±$24,583) for owner-occupied homes in Lower Merion Township (2020–2024 American Community Survey).

Is Lower Merion Township growing?

In Lower Merion Township, the number of residents went from 59,037 in 2015–2019 to 64,174 in 2020–2024 (+8.7%), a measurable increase.

What ZIP codes are in Lower Merion Township?

The ZIP codes that cover Lower Merion Township are 19004, 19035, 19066, 19096, 19072, 19003, 19010, 19085, 19041.

What is the median rent in ZIP code 19004?

The median gross rent in ZIP Code Tabulation Area 19004 is $1,863 (±$255) a month (2020–2024 American Community Survey).

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Lower Merion township, Montgomery County, Pennsylvania (county subdivision:44976, in state:42 county:091).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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