What is the median household income in Lower Providence Township, PA?
The median household income in Lower Providence Township, PA is $119,165 (±$5,044) a year (2020–2024 American Community Survey).
Paying the median gross rent of $1,637 a month would take about $65,500 a year at the common guideline of spending no more than 30% of income on rent.
In Lower Providence Township, the median household income went from $97,670 in 2015–2019 to $119,165 in 2020–2024 (+22.0%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median household income
- $119,165 (±$5,044)
- Median renter income
- $64,973 (±$12,107)
- Income to afford median rent
- about $65,500
Income in Lower Providence Township against Montgomery County, its state and the nation
| Lower Providence Township | Montgomery County | Pennsylvania | United States | |
|---|---|---|---|---|
| Median household income | $119,165 (±$5,044) | $113,915 (±$1,905) | $77,971 (±$342) | $80,734 |
| Median renter household income | $64,973 (±$12,107) | $65,931 (±$1,921) | $47,506 (±$425) | $52,966 |
| Median owner household income | $150,000 (±$13,084) | $141,062 (±$1,682) | $95,990 (±$362) | $100,009 |
| Median gross rent | $1,637 (±$155) | $1,683 (±$19) | $1,209 (±$5) | $1,413 |
In Lower Providence Township, median household income is not measurably different from Montgomery County ($113,915).
It is also higher than in Pennsylvania ($77,971).
It is higher than the national figure ($80,734).
In Montgomery County, Lower Providence Township ranks 27 of 62 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 166 of 2,545.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How much you need to earn to rent in Lower Providence Township
Many landlords and housing programs use 30% of gross income as the most a household should spend on rent.
At that guideline, the median gross rent of $1,637 a month ($19,644 a year) needs an income of about $65,500 a year.
The median renting household in Lower Providence Township earns $64,973 a year, less than that.
This is arithmetic on the published medians, not a rule any landlord must follow; screening criteria vary and some places limit how income may be weighed.
Income against housing costs since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median household income | $97,670 (±$8,670) | $119,165 (±$5,044) | +22.0% | No measurable change after inflation |
| Median gross rent | $1,345 (±$84) | $1,637 (±$155) | +21.7% | No measurable change after inflation |
| Median home value | $338,500 (±$8,455) | $465,500 (±$22,186) | +37.5% | Up after inflation |
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.
Median household income in places near Lower Providence Township
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Lower Providence Township | — | $119,165 (±$5,044) | — |
| West Norriton Township | 2.4 mi | $94,666 (±$10,979) | Lower |
| Collegeville | 3.4 mi | $91,466 (±$23,523) | Lower |
| Upper Providence Township (Montgomery County) | 3.9 mi | $141,077 (±$8,205) | Higher |
| King of Prussia | 4.1 mi | $117,912 (±$7,868) | Not measurably different |
| East Norriton Township | 4.3 mi | $99,277 (±$7,295) | Lower |
| Norristown | 4.4 mi | $66,701 (±$5,850) | Lower |
| Mont Clare | 4.5 mi | $91,397 (±$24,541) | Lower |
| Upper Merion Township | 4.5 mi | $121,985 (±$5,754) | Not measurably different |
Nearby places with a measurably lower figure: West Norriton Township, PA ($94,666), Collegeville, PA ($91,466), East Norriton Township, PA ($99,277).
Nearby places with a measurably higher figure: Upper Providence Township (Montgomery County), PA ($141,077).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Montgomery County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 21 | Narberth | $123,977 (±$33,307) |
| 22 | Conshohocken | $122,721 (±$19,868) |
| 23 | Horsham Township | $122,311 (±$8,250) |
| 24 | Upper Merion Township | $121,985 (±$5,754) |
| 25 | Upper Pottsgrove Township | $121,566 (±$12,741) |
| 26 | Limerick Township | $121,061 (±$18,624) |
| 27 | Lower Providence Township | $119,165 (±$5,044) |
| 28 | Plymouth Township (Montgomery County) | $119,006 (±$8,314) |
| 29 | Douglass Township (Montgomery County) | $118,333 (±$19,366) |
| 30 | Lower Frederick Township | $116,087 (±$11,792) |
| 31 | Upper Gwynedd Township | $114,902 (±$10,429) |
| 32 | Hatboro | $112,565 (±$9,061) |
| 33 | Pennsburg | $111,848 (±$11,915) |
Showing 13 of 62 places in Montgomery County, ranked from highest to lowest.
The figures for Lower Providence Township include the places inside it that have pages of their own: Audubon, Eagleville, Evansburg, Trooper.
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 Providence Township
What is the median household income in Lower Providence Township?
The median household income in Lower Providence Township is $119,165 (±$5,044) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Lower Providence Township?
About $65,500 a year, if rent is to stay at or below 30% of income at the median gross rent of $1,637 a month.
Have incomes in Lower Providence Township kept up with inflation?
In Lower Providence Township, the median household income went from $97,670 in 2015–2019 to $119,165 in 2020–2024 (+22.0%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
What do renters earn in Lower Providence Township?
The median renting household in Lower Providence Township, PA earns $64,973 (±$12,107) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Lower Providence township, Montgomery County, Pennsylvania
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Lower Providence township, Montgomery County, Pennsylvania
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Lower Providence township, Montgomery County, Pennsylvania
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Lower Providence township, Montgomery County, Pennsylvania
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Lower Providence township, Montgomery County, Pennsylvania
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Lower Providence township, Montgomery County, Pennsylvania
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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) and detailed tables (acs/acs5) for Lower Providence township, Montgomery County, Pennsylvania (county subdivision:45080, 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 B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M
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 .
Related
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- Median rent in Lower Providence Township
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- Renters and owners in Lower Providence Township
- Home values in Lower Providence Township
- Homeowner costs in Lower Providence Township
- Property taxes in Lower Providence Township
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- Age of homes in Lower Providence Township
- Vacancy rate in Lower Providence Township
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- Crime reported to police in Lower Providence Township
- Population growth in Lower Providence Township
- How long people stay in Lower Providence Township
- Crowding and facilities in Lower Providence Township
- Fair Market Rent in Lower Providence Township
- Pennsylvania landlord and tenant rules
- Housing across Montgomery County
- Pennsylvania places ranked by median household income
- Housing data for every place in Pennsylvania