Median Age
40 Years
Largest Age Group
20-29 Years
Approximately 14% of Residents
Under 20
22%
Over 65
21%
Tree-lined streets, walkable neighborhoods, and Philadelphia just ten miles away -- Cheltenham Township delivers classic suburban living without the isolation. Sitting in the southeast corner of Montgomery County, the township covers roughly ten square miles and includes several distinct village communities: Elkins Park, Wyncote, and Melrose Park each carry their own local character. Green space runs throughout, and day-to-day errands are reachable on foot or by a short drive along the Old York Road corridor.
The rental stock ranges from upscale apartment communities and garden-style buildings to townhomes and single-family rentals that suit the neighborhood's classic suburban architecture. Studios to larger multi-bedroom layouts give renters a broad range of entry points into the market.
Cheltenham's institutional anchors include Salus University just over a mile away, Arcadia University within five minutes by car, Penn State Abington, and the Community College of Philadelphia's northwest center. Founded in 1682, it's one of the oldest communities in the region -- a place shaped by centuries of layered growth, from early mill town to established residential suburb.
Median Household Income
$97,648
Average: $125,249
Education
18,325
Residents Have a Degree
Job Market
22,353
Workers Employed
Median Age
40 Years
Largest Age Group
20-29 Years
Approximately 14% of Residents
Under 20
22%
Over 65
21%
Housing Distribution
Cheltenham Township has more homeowners than renters.
Education Distribution
Review this city's overall education levels.
Explore how walkable, bikeable, drivable, and transit-friendly Cheltenham Township, PA is for everyday living.
Fairly Walkable
Walkability
Some Public Transit
Transit
Moderately Drivable
Drivability
Fairly Bikeable
Bikeability
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in September 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.