Results of the impact of reading books and viewing television on neurodevelopment have been mixed, without definitive evaluation to date. Using data from 11,875 US adolescents in the Adolescent Brain and Cognitive Development (ABCD) study, we investigated the associations between reading and television viewing on brain morphology and neurocognitive performance. After quality control, 8,125 participants' MRI scans and cognitive tests were analyzed in relation to their reading and TV habits. Greater reading time was associated with higher cognitive performance and regionally-selective increases in cortical area, while greater TV viewing had a much smaller association with lower cognitive performance and decreased cortical area. Regionally, areas of spatial overlap in associations included the lateral temporal, inferior parietal, and inferior frontal lobes, while significant associations in the ventral and inferior temporal cortex and cingulate cortex were unique to reading habits. These relationships persisted after adjusting for demographics, socioeconomic factors, genetic ancestry, and imaging factors. The magnitude of reading associations exceeded those of TV viewing and was similar to established contributions of parental income and education on neurodevelopment. This study provides a comprehensive evaluation of how these behaviors correlate with early adolescent brain development across a large diverse population.