Cheltenham Village, PA Profile: Facts & Data

Advertisement

Cheltenham Village Local Links & Resources:
Resources | ALL Cheltenham Village Content
Planning to visit Cheltenham Village? See Local Hotels

Also See Cheltenham, PA: ZIP Codes & Maps

Cheltenham Village, Pennsylvania - Basic Facts

The Cheltenham Village CDP(1) had a population of 1,980 as of July 1, 2023. Cheltenham Village ranks in the upper quartile for Population Density and Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Pennsylvania. See peer rankings below.

The primary coordinate point for Cheltenham Village is located at latitude 40.0631 and longitude -75.0935 in Montgomery County.

It also has a Functional Status Code of ""

The Cheltenham Village Census Designated Place is located within Township of Cheltenham, a minor civil division (MCD) of Montgomery County.


  1. A Census Designated Place (CDP) is a statistical counterpart to a self-governing (incorporated) place such as a city, town, or village. A CDP is not a legal entity and has no governmental functions.

Jump to... (On This Page!)
  1. Cheltenham Village 2023 Demographic Data
  2. Growth Rates for Cheltenham Village (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Pennsylvania Research Tools (Easy Tools & Current Data)
  3. Pennsylvania Data Comparison Tool - 2023 Demographics
Advertisement

Cheltenham Village, PA Data & Demographics (As of July 1, 2023)

POPULATION

Total Population 1,980 (100%)
Population in Households 1,979 (99.9%)
Population in Families 1,667 (84.2%)
Population in Group Quarters1 1 ( 0.1%)
Population Density 8,951
Diversity Index2 64
 
 

INCOME

Median Household Income $100,089
Average Household Income $130,205
% of Income for Mortgage4 14%
Per Capita Income $48,861
Wealth Index5 122
Socioeconomic Status Index6 Moderate (57.1)
 

HOUSING

Total HU (Housing Units) 799 (100%)
Owner Occupied HU 503 (63.0%)
Renter Occupied HU 240 (30.0%)
Vacant Housing Units 56 ( 7.0%)
Median Home Value $231,280
Average Home Value $262,624
Housing Affordability Index3 136
 

HOUSEHOLDS

Total Households 743
Average Household Size 2.66
Family Households 505
Average Family Size 3.00
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.
  6. The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR

2020-2023 2023-2028
Population -0.20% -0.30%
Households -0.04% -0.05%
Families   -0.12%
Median Household Income   2.16%
Per Capita Income   3.85%
Owner Occupied HU   0.24%

Cheltenham Village, PA - Peer Comparisons by Rank and Percentile

The table below compares Cheltenham Village to the other 1,888 incorporated cities, towns and CDPs in Pennsylvania by rank and percentile using July 1, 2023 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 657 65th
Population Density # 19 99th
Median Household Income # 197 90th
Housing Affordability Index # 1168 62nd
Per Capita Income # 260 86th
Diversity Index # 91 95th

Additional comparisons and rankings can be made with a VERY EASY TO USE Pennsylvania Census Data Comparison Tool.

Cheltenham Village, PA - Most Popular Things to Do

Also See: Nearby Hotels | Driving Directions

Use HTL Address Research for a Pennsylvania Address and get...

Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2023, data includes home values, household income, percentage of homes owned, rented or vacant, etc.


Quick & Easy Ways to...

  1. Get Current Demographic Data for Cities, Towns, and ZIP Codes
  2. View Boundary Maps, for Cities, Towns, and ZIP Codes
  3. Locate Physical, Cultural, and Historical Features

Pennsylvania Census Data Comparison Tool

Compare Pennsylvania July 1, 2023 Data
Data:
Locations:
Highest or Lowest:
Results:
Advertisement