Township Of Lower Makefield PA Demographic Data and Boundary Map
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Township Of Lower Makefield, PA
The Township Of Lower Makefield is a County Subdivision of Bucks County.
The subdivision has a T1 Census Class Code which indicates that the Township Of Lower Makefield is an active county subdivision that is not coextensive with an incorporated place.
Township Of Lower Makefield Data & Demographics (As of July 1, 2023)
POPULATION
Total Population
33,280 (100%)
Population in Households
33,029 (99.2%)
Population in Families
29,202 (87.7%)
Population in Group Quarters1
251 ( 0.8%)
Population Density
1,862
Diversity Index2
37
INCOME
Median Household Income
$166,033
Average Household Income
$228,282
% of Income for Mortgage4
20%
Per Capita Income
$85,547
Wealth Index5
285
HOUSING
Total HU (Housing Units)
12,941 (100%)
Owner Occupied HU
11,259 (87.0%)
Renter Occupied HU
1,212 ( 9.4%)
Vacant Housing Units
470 ( 3.6%)
Median Home Value
$554,129
Average Home Value
$560,131
Housing Affordability Index3
108
HOUSEHOLDS
Total Households
12,471
Average Household Size
2.65000000000
Family Households
9,447
Average Family Size
3
NOTES
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.
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.
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.
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).
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.