Living in Avenel, New Jersey

Cost of living, income, home prices, rent and demographics of Avenel · Census data 2020–2024

Avenel has 17,121 residents with a median age of 39.6. The median household income is $101,670 (about the same as the New Jersey median), the median home value is $401,000, the median rent is $1,906/month.

Avenel at a glance

Population
17,121
Median age
39.6State: 40.1
Median household income
$101,670State: $103,556
Median home value
$401,000State: $454,400
Median rent
$1,906/moState: $1,720
Homeowners
52.3%
Bachelor's degree or higher
31.8%
Average commute
32 min

Is Avenel a good place to live?

Pros: Home values 12% lower than the state median; unemployment of 5.3%; a poverty rate of 7.9%.

Cons: Median household income about the same as the New Jersey median; an average commute of 32 minutes.

The weather is best in May–June and August–September.

Cost of living in Avenel

Housing is the biggest part of the cost of living. In Avenel the median home value is $401,000, 21% higher than the U.S. median. Renters pay a median of $1,906 per month, which is 27.3% of household income. Homeowners with a mortgage pay $2,578 a month in housing costs.

Median home value

Avenel$401,000
New Jersey$454,400
United States$332,700

Median monthly rent

Avenel$1,906
New Jersey$1,720
United States$1,413

Avenel median household income

The median household income in Avenel is $101,670 and the income per person is $42,240. 7.9% of residents live below the poverty line (New Jersey: 9.7%).

Median household income

Avenel$101,670
New Jersey$103,556
United States$80,734

Housing in Avenel: homes for sale and rent

Housing units
5,741
Owner-occupied
52.3%
Renter-occupied
47.7%
Vacant
2.2%Includes seasonal homes
Median year built
1977
Average household size
2.49

Avenel demographics

Population
17,121
Median age
39.6
Under 18
18%
65 and older
14.2%
Households
5,615
Foreign-born
28.6%
Veterans
3.1%Adults 18+

Race and ethnicity

White31%
Hispanic or Latino25.3%
Black28.3%
Asian16.2%

Hispanic or Latino can be of any race. Population history of Avenel ›

Education in Avenel

31.8% of adults 25 and older in Avenel have a bachelor's degree or higher (New Jersey: 43.6%), and 12.5% have a graduate or professional degree.

Bachelor's degree or higher

Avenel31.8%
New Jersey43.6%
United States35.7%

Jobs and commute in Avenel

Unemployment rate
5.3%State: 6.3%
Average commute
32 minState: 31 min
Work from home
9.8%
Drive alone
73%
Public transit
7.3%
Walk to work
1.3%
Homes with broadband
88.4%

Avenel vs nearby towns

TownPopulationMedian incomeHome valueRent
Avenel17,121$101,670$401,000$1,906
Rahway30,109$91,461$386,400$1,845
Port Reading3,511$134,479$435,600—
Woodbridge104,355$108,928$433,000$1,959
Colonia18,587$122,713$493,100$2,047
Carteret25,496$96,862$405,800$2,032
Iselin19,551$109,500$426,800$2,113
Sewaren3,248$108,948$429,200$1,387
Clark15,622$133,504$609,600$1,743

More for people moving to Avenel

Avenel ZIP code ›Weather and climate ›

Living in Avenel: FAQ

What is the median household income in Avenel, NJ?

The median household income in Avenel is $101,670, about the same as the New Jersey median of $103,556 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Avenel?

The median home value in Avenel is $401,000, compared with $454,400 in New Jersey.

How much is rent in Avenel?

The median gross rent in Avenel is $1,906 per month, about 27.3% of household income.

Is Avenel, NJ a good place to live?

Pluses: home values 12% lower than the state median; unemployment of 5.3%; a poverty rate of 7.9%. Minuses: median household income about the same as the New Jersey median; an average commute of 32 minutes.

What is the median age in Avenel?

The median age in Avenel is 39.6 years (New Jersey: 40.1).

How long is the commute in Avenel?

The average commute to work in Avenel is 32 minutes; 9.8% of workers work from home.

What is the unemployment rate in Avenel?

The unemployment rate in Avenel is 5.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Avenel?

31.8% of adults in Avenel have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

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