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CITY

Cheltenham

Pennsylvania · 2,112 residents · 0.221 sq mi
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The short version

Cheltenham has roughly average household income, with a median household income of $90,240. Population has held roughly steady since 2023. 47% of adults hold a bachelor's degree or higher. Median home value is $295,600. At a median age of 31.9, residents skew younger than the country as a whole. It sits in the top 10% of US cities for household income.

At a glance
Wealthier
above the US median
US median: $82,259
Younger
median age 31.9
US median: 38.9
More educated
47% hold a bachelor's degree
US average: 36%
Stable housing
home values roughly flat, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
2,112
+4%since 2023
from 2,033 in 2023
2020 – 2024
Population density
9,557 / sq mi
+4%since 2023
from 9,199 / sq mi in 2023
US average: 281
Median age
31.9
−8%since 2023
from 34.6 in 2023
US average: 38.9
Population, 2020 – 2024
2K2K2K2K2K20202024Cheltenham
20242K
20202024
Section 02

Income & economy

Median household income
$90,240
−2%inflation adjusted, since 2023
from $89,018 in 2023
US average: $82,259
2020 – 2024
Per capita income
$47,807
+1%since 2023
from $47,203 in 2023
US average: $44,673
Households earning $100K+
55.5%
−2.4 ptssince 2023
from 57.9% in 2023
US average: 53.3%
Poverty rate
5.8%
+1.0 ptssince 2023
from 4.8% in 2023
US average: 12.5%
Income inequality (Gini)
0.445
−3%since 2023
from 0.460 in 2023
US average: 0.476
Workforce by industry, 2024
Wholesale trade8.8%
US avg: 6.9%
Information8.5%
US avg: 10.8%
Other services6.3%
US avg: 6.7%
Public administration4.3%
US avg: 4.8%
Finance & insurance2.1%
US avg: 5.9%
Professional, scientific, technical2.1%
US avg: 5.1%
Retail trade1.5%
US avg: 9.9%
Transportation & warehousing0.5%
US avg: 2.2%
Agriculture, forestry, fishing0%
US avg: 1.6%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
Education & health services0%
US avg: 0.9%
Arts, entertainment, food0%
US avg: 1.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$295,600
+3%inflation adjusted, since 2023
from $278,400 in 2023
US average: $376,019
2020 – 2024
Median gross rent
$1,503
+30%inflation adjusted, since 2023
from $1,120 in 2023
US average: $1,442
Owner-occupied
64.7%
+0.4 ptssince 2023
from 64.3% in 2023
35.3% rent
Vacancy rate
11.7%
+6.3 ptssince 2023
from 5.4% in 2023
US average: 10.0%
Owner cost-burdened
9.3%
−2.0 ptssince 2023
from 11.4% in 2023
US average: 22.9%
Renter cost-burdened
46.0%
+2.8 ptssince 2023
from 43.2% in 2023
US average: 47.4%
Afford Score
3.3
+5%since 2023
from 3.1 in 2023
2020 – 2024
RELATED:See current rent listings in Cheltenham on RentDataNow
Section 04

Race & ethnicity

2023
White, non-Hispanic70.1%(1,426)
Black24%(487)
Hispanic / Latino4.7%(96)
Asian0.3%(6)
Other0.9%(18)
Diversity Score56%(1,139)
2024
White, non-Hispanic64.1%(1,353)
Black28%(591)
Hispanic / Latino5.9%(125)
Asian0%(0)
Other2%(43)
Diversity Score63.4%(1,339)
Diversity Score
63
+13%since 2023
from 56 in 2023
2020 – 2024
Section 05

Education

Bachelor's degree or higher
46.9%
+11.1 ptssince 2023
from 35.8% in 2023
US average: 35.6%
High school or higher
94.8%
−0.2 ptssince 2023
from 95.0% in 2023
US average: 89.6%
Graduate degree
15.3%
−6.6 ptssince 2023
from 22.0% in 2023
US average: 14.0%
Section 06

Commute & transportation

Average commute
30.7 min
+6%since 2023
from 29.0 min in 2023
US average: 26.5
Drive alone to work
64.0%
−8.9 ptssince 2023
from 72.8% in 2023
US average: 68.9%
Carpooled to work
7.5%
+1.9 ptssince 2023
from 5.6% in 2023
US average: 8.5%
Public transit
5.7%
+1.7 ptssince 2023
from 4.0% in 2023
US average: 3.2%
Worked from home
22.3%
+5.7 ptssince 2023
from 16.6% in 2023
US average: 15.0%
Walked to work
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 2.4%
Biked to work
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 0.4%
No vehicle available
12.5%
+2.3 ptssince 2023
from 10.2% in 2023
US average: 8.3%
Section 07

Work & employment

Unemployment rate
5.5%
+0.1 ptssince 2023
from 5.3% in 2023
US average: 5.2%
Labor force participation
82.6%
−2.9 ptssince 2023
from 85.5% in 2023
US average: 63.5%
Self-employed
18.5%
+3.6 ptssince 2023
from 14.8% in 2023
US average: 13.1%
Management & professional
54.5%
+1.7 ptssince 2023
from 52.8% in 2023
US average: 42.5%
Section 08

People & community

Male
51.9%
+8.1 ptssince 2023
from 43.8% in 2023
Female
48.1%
−8.1 ptssince 2023
from 56.2% in 2023
Foreign born
7.2%
+3.2 ptssince 2023
from 4.0% in 2023
US average: 14.1%
Veterans
3.0%
−0.7 ptssince 2023
from 3.7% in 2023
US average: 6.2%
With a disability
9.6%
+2.2 ptssince 2023
from 7.4% in 2023
US average: 13.3%
Uninsured
8.9%
+2.5 ptssince 2023
from 6.4% in 2023
US average: 8.4%
Broadband at home
96.0%
−0.3 ptssince 2023
from 96.3% in 2023
US average: 91.0%
English only at home
88.2%
−1.9 ptssince 2023
from 90.1% in 2023
US average: 77.7%
Spanish at home
2.0%
+2.0 ptssince 2023
from 0.0% in 2023
US average: 13.6%
Drill deeper

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Frequently asked

How many people live in Cheltenham, Pennsylvania?

Cheltenham, Pennsylvania has about 2,112 residents according to the 2024 American Community Survey.

What is the median household income in Cheltenham, Pennsylvania?

The typical household in Cheltenham, Pennsylvania earns about $90,240 a year. Half of households make more than that, and half make less.

Is Cheltenham, Pennsylvania expensive?

In Cheltenham, Pennsylvania, the median home is worth about $295,600, and the typical rent is about $1,503 a month.

How educated are people in Cheltenham, Pennsylvania?

About 46.9% of adults age 25 and over in Cheltenham, Pennsylvania hold a bachelor's degree or higher.

What is the poverty rate in Cheltenham, Pennsylvania?

About 5.8% of people in Cheltenham, Pennsylvania live below the federal poverty line.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

How we source and harmonize this data →