"This section provides data and information related to summary for Moorestown Lenola, NJ summary

Welcome to the Townfolio for Moorestown Lenola, NJ where you will find a full community profile.
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Demographics

View the Demographics tab for information such as Median Age, Median Household Income and more. Data is populated from census, state and municipal sources, along with third-party projections.

Total Population

14,256

Median Household Income

101,886

Total Visible Minorities

N/A

Median Age

44.0

What is the Median Age of Moorestown Lenola, NJ?

Moorestown-Lenola, NJ has a median age of 44 years old. Overall, the median age in Moorestown-Lenola, NJ is dwindling at an average of -0.22% per year.

Median Household Income

In Moorestown-Lenola, NJ, the median household income is $101886 per year. Overall, it is growing at an average of 2.37% per year. In the last two census, its median household income grew by $1243.

Us Income Distribution

According to OECD, the gini coefficient measures how the distribution of income among households within an economy deviates from a perfectly equal distribution of incomes. Simply, it measures the extent of income inequality in an economy. Inequality on the Gini scale is measured between 0, where everyone's equal, and 1, where all the country's income is earned by one person. Moorestown-Lenola, NJ has a gini coefficient of 0.58 out of 1, while the 2015 national gini coefficient is 0.39.

Us Marital Status

Majority of the population are married, making up 22.04 per cent of the population. Having a predominantly married population is highy beneficial to Moorestown-Lenola, NJ as married couples usually bring in larger incomes, higher net worth and gains on average. They also help boost the community's liveliness and labour force, as they are most likely to bear children and create the best economic conditions for them. Furthermore, this group also spends more compared to most of their counterparts and contributes a huge portion towards tax revenues.

Us Sex By Age

Overall, women outnumber men by 642. people. The 5 to 9 years old age cohort exhibits the largest discrepancy with a difference of 314 people between the sexes. Furthermore, majority of the population is between the ages 10 to 14 years old, comprising 9.06 per cent of the population. Meanwhile, 62.42 per cent are part of its working-age population, or those between the ages 15 to 64 years old, while 20.01 per cent make up the younger population that will also be part of the labour force in two decades or less. At the present, 2506 people are expected to retire in the coming years.

Labor Force

View the Labor Force tab for information such as Us Median Salary By Occupation and more. Data is populated from census, state and municipal sources, along with third-party projections.

Us Median Salary By Occupation

The highest paying occupations in Moorestown-Lenola, NJ are those in Management, business, science, and arts occupations, where the median salary hovers around $94477.0. The U.S. Bureau of Census divides occupations into five broad categories: (1) Management, business, science, and arts occupations (2) Service occupations (3) Sales and office occupations (4) Natural resources, construction, and maintenance occupations (5) Production, transportation, and material moving occupations The highest paid occupations in management are those of Computer and mathematical occupations where median salary is at $123036.0. In the services industry, those in Law enforcement workers including supervisors earn the most at $118750.0 per annum as a median salary.The highest paying occupations in sales are that of Sales and related occupations, where the annual median salary is $54803.0. Natural resources occupations’ top salaries go to those in Farming, fishing, and forestry occupations where median salaries are around $nan. Meanwhile, occupations related to production have those working in Production occupations paid the most with a median salary of $44861.0 per year.

Real Estate

View the Real Estate tab for information such as Median Gross Rent, Heating Sources and more. Data is populated from census, state and municipal sources, along with third-party projections.

Housing Occupied

91.52%

Housing Vacant

8.48%

No. of Families

3,738

No. of Non-Families

1,358

Median Gross Rent

Moorestown-Lenola, NJ has an average rent of $1153 per month. Overall, the average rent in Moorestown-Lenola, NJ is growing at an average of 1.16% per year. In the last census, its average rent declined by $14.

Heating Sources

Most people in Moorestown-Lenola, NJ uses utility gas to heat up their homes. With 4207 households using it, it is the leading heating source in Moorestown-Lenola, NJ. Moreover, 7.91% of households say they use electricity making it the second most popular choice. The third widely used heating source is fuel oil, kerosene and others, with 389 households saying they use it as their primary heating source.

Transportation

View the Transportation tab for information such as Car Ownership, Us Time Leaving For Work and more. Data is populated from census, state and municipal sources, along with third-party projections.

Most Used
Transportation

N/A

Busiest Time
On Roads

N/A

Residents Who
Work Locally

N/A

Vehicle Drivers

N/A

Car Ownership

Most households in Moorestown-Lenola, NJ have three vehicles for transportation. 3365 people responding in Moorestown-Lenola, NJ feel that having three vehicles is sufficient. Moreover, 28.11% of households say they use four vehicles. Moreover, 856 households have two vehicles

Us Time Leaving For Work

Majority of commuters in Moorestown-Lenola, NJ leave their homes from 8:00am to 9:00am, saying that it's enough time to get to work. The second most popular time to head to work, with 15.72% of respondents, is from 7:00am to 7:30am. However, 733 of commuters still prefer to leave from 7:30am to 8:00am.

Us Transportation Mode

Majority of commuters in Moorestown-Lenola, NJ are driving alone in a private car, truck, or van to go to work. Moreover, 8.27% of respondents say that they prefer carpooling in a private car, truck, or van. The third most popular means of transportation is using the railway with 152 commuters have preferring it. Meanwhile, there are 342 people who do not need to commute to get to work, as they work from home.

Education

View the Education tab for information such as Us Field Of Study and more. Data is populated from census, state and municipal sources, along with third-party projections.

Dominant Level
of Education

N/A

Most Popular
Field of Study

N/A

Most Popular
Educational Destination

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Least Popular
Field of Study

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Us Field Of Study

Most are in Business with 1069 people practicing it in Moorestown-Lenola, NJ. Social Sciences is another popular field of expertise, as 10.81% of inhabitants are involved in it. The third group are those who are in Education, with 595 people responding that it is their line of work. STEM (Science, Technology, Engineering, and Math) is expected to be a growing industry, however, Pew Research Center confirms that there is still a huge need for labour in these industries. Moorestown-Lenola, NJ has 2970 people or 50.02% of workers in STEM industries.

Utilities

View the Utilities tab for information such as and more. Data is populated from census, state and municipal sources, along with third-party projections.