Living in Bernards, New Jersey

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

Bernards has 28,114 residents with a median age of 46.3. The median household income is $194,107 (87% higher than the New Jersey median), the median home value is $814,800, the median rent is $2,476/month.

Bernards at a glance

Population
28,114
Median age
46.3State: 40.1
Median household income
$194,107State: $103,556
Median home value
$814,800State: $454,400
Median rent
$2,476/moState: $1,720
Homeowners
83.1%
Bachelor's degree or higher
74.2%
Average commute
33 min

Is Bernards a good place to live?

Pros: Median household income 87% higher than the New Jersey median; unemployment of 4.2%; a poverty rate of 3.1%.

Cons: Home values 79% higher than the state median; an average commute of 33 minutes.

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

Cost of living in Bernards

Housing is the biggest part of the cost of living. In Bernards the median home value is $814,800, 145% higher than the U.S. median. Renters pay a median of $2,476 per month, which is 27% of household income. Homeowners with a mortgage pay $4,001 a month in housing costs.

Median home value

Bernards$814,800
New Jersey$454,400
United States$332,700

Median monthly rent

Bernards$2,476
New Jersey$1,720
United States$1,413

Bernards median household income

The median household income in Bernards is $194,107 and the income per person is $109,797. 3.1% of residents live below the poverty line (New Jersey: 9.7%).

Median household income

Bernards$194,107
New Jersey$103,556
United States$80,734

Housing in Bernards: homes for sale and rent

Housing units
10,646
Owner-occupied
83.1%
Renter-occupied
16.9%
Vacant
1.9%Includes seasonal homes
Median year built
1987
Average household size
2.62

Bernards demographics

Population
28,114
Median age
46.3
Under 18
24.1%
65 and older
18.2%
Households
10,443
Foreign-born
25.3%
Veterans
4.8%Adults 18+

Race and ethnicity

White65%
Hispanic or Latino5.6%
Black1.4%
Asian25.4%

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

Education in Bernards

74.2% of adults 25 and older in Bernards have a bachelor's degree or higher (New Jersey: 43.6%), and 37.5% have a graduate or professional degree.

Bachelor's degree or higher

Bernards74.2%
New Jersey43.6%
United States35.7%

Jobs and commute in Bernards

Unemployment rate
4.2%State: 6.3%
Average commute
33 minState: 31 min
Work from home
28.5%
Drive alone
61.6%
Public transit
4.6%
Walk to work
0.4%
Homes with broadband
96.3%

Bernards vs nearby towns

TownPopulationMedian incomeHome valueRent
Bernards28,114$194,107$814,800$2,476
Lyons5,187$250,001$1,037,400—
Liberty Corner2,325$241,480$1,187,500$3,501
Basking Ridge7,917$188,295$851,200$546
Millington3,220$194,306$796,600$2,286
Far Hills948$143,250$792,100$1,554
The Hills10,785$154,564$577,000$2,376
Warren16,186$204,063$930,800$2,170
Bernardsville7,916$236,115$793,800$2,297

More for people moving to Bernards

Bernards ZIP code ›Weather and climate ›

Living in Bernards: FAQ

What is the median household income in Bernards, NJ?

The median household income in Bernards is $194,107, 87% higher than 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 Bernards?

The median home value in Bernards is $814,800, compared with $454,400 in New Jersey.

How much is rent in Bernards?

The median gross rent in Bernards is $2,476 per month, about 27% of household income.

Is Bernards, NJ a good place to live?

Pluses: median household income 87% higher than the New Jersey median; unemployment of 4.2%; a poverty rate of 3.1%. Minuses: home values 79% higher than the state median; an average commute of 33 minutes.

What is the median age in Bernards?

The median age in Bernards is 46.3 years (New Jersey: 40.1).

How long is the commute in Bernards?

The average commute to work in Bernards is 33 minutes; 28.5% of workers work from home.

What is the unemployment rate in Bernards?

The unemployment rate in Bernards is 4.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Bernards?

74.2% of adults in Bernards 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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