Economic & Demographic Information

Lower Moreland Township occupies 6.8 square miles at the easternmost area of Montgomery County, Pennsylvania and is bounded by Bryn Athyn Borough, and by Upper Moreland, and Abington Townships in Montgomery County, Upper and Lower Southampton Townships in Bucks County, and the City of Philadelphia.

The Township is a high quality suburban residential community and is made up largely of individually owned, single family dwellings.  It includes the unincorporated communities of Huntingdon Valley and Bethayres.  The borough of Bryn Athyn is almost entirely surrounded by the Township in its west-central section.

The Township is very desirable as an upper middle income community of predominately home owner residents. The average market value of residential properties in the Township is $233,600 according to the Montgomery County Board of Assessments.1

1 Official Statement Boenning & Scattergood, Inc., January 12, 2010.

Population

The Township’s population trend, together with the population trends of Montgomery County and the Philadelphia SMSA from the 1960 through 2010 are shown below.

Table 1

Township of Lower Moreland

Population Trends

Lower Moreland Township Montgomery County Philadelphia SMSA(1)


Census

% Increase

Census

% Increase

Census

% Increase

1960

5,731


516,682


4,347,897


1970

11,665

103.54%

624,080

20.8%

4,820,915

11.0%

1980

12,478

6.96%

643,621

3.1%

4,716,818

(2.2%)

1990

11,768

(5.69%)

678,111

5.4%

4,856,881

3.0%

2000

11,281

(4.14%)

750,097

10.6%

5,036,646

3.7%

2010

12,982

15.07%

799,874

6.6%

5,259,673

4.4%

 

(1)The Philadelphia Standard Metropolitan Area includes the counties of Philadelphia, Bucks, Chester, Montgomery and Delaware in Pennsylvania and Burlington, Camden and Gloucester in New Jersey.

Source: U.S. Bureau of Census, 2010

Table 2

Township of Lower Moreland

Age Distribution of Population

2010
Under 19 Years 26.3%
20-34 Years 10.9%
35-44 Years 12.7%
45-64 Years 30.9%
Over 64 Years 19.2%
Median Age 45.1 Years


Source: U.S. Bureau of Census, 2010; American Community Survey, 2005-2009

Income

The 2005-2009 American Community Survey reported the Township’s median family income as $107,969 compared to $75,728 for Montgomery County; and $49,737 for the Commonwealth of Pennsylvania (the “Commonwealth”).

Housing

The 2010 Census identified 4,548 dwelling units in the Township. Of this 86.8% are owner occupied and 13.2% are renter occupied. According to the 2005-2009 American Community Survey, the median value of housing in the Township was $425,000. The median value of housing in Montgomery County was $294,000.

Source: U.S. Bureau of Census, 2010

2010 Housing Characteristics

Owner Occupied Renter Occupied Vacant
Lower Moreland Township 86.8% 13.2% 4.8%
Montgomery County, PA 73.1% 26.9% 5.5%
Pennsylvania 69.6% 30.4% 9.9%

 

Source: United States Department of Commerce, Bureau of the Census

Table 3

Township of Lower Moreland

Property Tax Rate Millage

All Overlapping Governments

Year Township County School District
2000 3.590 2.450 16.6000
2001 3.590 2.450 17.8900
2002 3.590 2.840 18.8900
2003 3.590 2.840 20.0000
2004 2.900 2.840 20.0100
2005 2.900 2.840 20.9170
2006 3.150 2.840 22.2010
2007 3.150 2.840 24.1165
2008 3.150 2.840 26.2076
2009 3.150 2.695 27.3803
2010 3.200 2.695 27.3803
2011 3.364 2.695 28.8372
2012 3.364 3.152 29.5258

Click Here to view the full 2010 Census General Population and Housing Characteristics Profile.