Cheltenham Village

Population: 2,033
Median household income: $89,018
Median home value: $278,400

Cheltenham Village is a community in Montgomery County, Pennsylvania, home to 2,033 residents. The median household income of $89,018 is below the Montgomery County median ($111,521).

Between 2020 and 2023, Cheltenham Village's population grew 1.0% from 2,012 to 2,033, while its median home value rose 35.5% from $205,500 to $278,400.

The typical home was built around 1938. 4.8% of residents live below the poverty line.

Demographics

ACS 2019–2023

Population: 2,033
Median age: 34.6 yrs
Median household income: $89,018
Median home value: $278,400
Median gross rent: $1,120
Housing units: 809
Homeownership rate: 64.3%
Bachelor's degree or higher: 35.8%
Unemployment rate: 5.3%

Trends

ACS 5-year · 2019–2023

Population

2,0122,033

Median household income

$75,625$89,018

Median home value

$205,500$278,400

Median gross rent

$1,052$1,120

Year	Population	Median household income	Median home value	Median gross rent
2020	2,012	$75,625	$205,500	$1,052
2021	2,181	$81,136	$219,600	$974
2022	1,849	$100,192	$251,200	$1,083
2023	2,033	$89,018	$278,400	$1,120

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 510.4%

5 to 1710.0%

18 to 2420.5%

25 to 349.8%

35 to 4420.8%

45 to 549.8%

55 to 648.8%

65 to 747.5%

75 and over2.4%

	Count	Share
Under 5	212	10.4%
5 to 17	203	10.0%
18 to 24	416	20.5%
25 to 34	199	9.8%
35 to 44	423	20.8%
45 to 54	200	9.8%
55 to 64	179	8.8%
65 to 74	152	7.5%
75 and over	49	2.4%

Race & ethnicity

	Count	Share
White (non-Hispanic)	1,426	70.1%
Black or African American	487	24.0%
American Indian & Alaska Native	0	0.0%
Asian	6	0.3%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	0	0.0%
Two or more races	18	0.9%
Hispanic or Latino (any race)	96	4.7%

Educational attainment (age 25+)

No high school diploma5.0%

High school graduate20.1%

Some college or associate's39.1%

Bachelor's degree13.8%

Graduate or professional degree22.0%

	Count	Share
No high school diploma	60	5.0%
High school graduate	242	20.1%
Some college or associate's	470	39.1%
Bachelor's degree	166	13.8%
Graduate or professional degree	264	22.0%

Commute to work

Mean travel time to work: 29 min

Drove alone72.8%

Carpooled5.6%

Public transit4.0%

Walked0.0%

Bicycle0.0%

Worked from home16.6%

Other means0.9%

How workers get to work

	Count	Share
Drove alone	954	72.8%
Carpooled	74	5.6%
Public transit	53	4.0%
Walked	0	0.0%
Bicycle	0	0.0%
Worked from home	217	16.6%
Other means	12	0.9%

Travel time

	Count	Share
Under 15 min	111	10.2%
15 to 29 min	516	47.2%
30 to 44 min	251	23.0%
45 to 59 min	126	11.5%
60+ min	89	8.1%

Households

Average household size: 2.65
Poverty rate: 4.8% (98 of 2,033)

	Count	Share
Family households	502	65.6%
Nonfamily households	263	34.4%

Housing

Median year structure built: 1938

Occupancy

	Count	Share
Occupied	765	94.6%
Vacant	44	5.4%

Tenure (of occupied units)

	Count	Share
Owner-occupied	492	64.3%
Renter-occupied	273	35.7%

1-unit, detached20.8%

1-unit, attached39.8%

2 to 4 units35.7%

5 to 19 units3.7%

20 or more units0.0%

Mobile home & other0.0%

Units in structure

	Count	Share
1-unit, detached	168	20.8%
1-unit, attached	322	39.8%
2 to 4 units	289	35.7%
5 to 19 units	30	3.7%
20 or more units	0	0.0%
Mobile home & other	0	0.0%

Geography

Place GEOID: 4212973
Type (LSAD): 57
Land area: 0.22 sq mi
Water area: 0 sq mi
Center point: 40.0631, -75.0935