The work force participation rate in Lower Gwynedd is 55.8%, with an unemployment rate of 3.2%. For everyone in the work force, the typical commute time is 32.4 minutes. 32.3% of Lower Gwynedd’s population have a graduate degree, and 35.1% have earned a bachelors degree. For people without a college degree, 16.1% have some college, 13.3% have a high school diploma, and just 3.1% have an education less than senior school. 1.9% are not included in medical insurance.
Lower Gwynedd, PA is situated in Montgomery county, and has a community of 11520, and rests within the greater Philadelphia-Reading-Camden, PA-NJ-DE-MD metro region. The median age is 49.8, with 8.9% for the populace under ten years old, 14.1% between ten-nineteen years old, 8.5% of town residents in their 20’s, 7.6% in their 30's, 11.1% in their 40’s, 14.8% in their 50’s, 14.5% in their 60’s, 10.9% in their 70’s, and 9.5% age 80 or older. 46.8% of citizens are men, 53.2% women. 57.5% of citizens are recorded as married married, with 7.7% divorced and 24.7% never married. The % of women and men recognized as widowed is 10.2%.
The average family unit size in Lower Gwynedd, PA is 3.04 family members members, with 77.2% owning their very own homes. The average home cost is $509457. For those people renting, they pay an average of $1831 per month. 55.7% of homes have 2 incomes, and a median domestic income of $102725. Median individual income is $46477. 5.8% of town residents live at or beneath the poverty line, and 11.2% are considered disabled. 6.7% of residents of the town are ex-members of the military.