Living in Byram, New Jersey
Cost of living, income, home prices, rent and demographics of Byram · Census data 2020–2024
Byram has 8,119 residents with a median age of 40. The median household income is $138,854 (34% higher than the New Jersey median), the median home value is $389,900, the median rent is $1,561/month.
Byram at a glance
- Population
- 8,119
- Median age
- 40State: 40.1
- Median household income
- $138,854State: $103,556
- Median home value
- $389,900State: $454,400
- Median rent
- $1,561/moState: $1,720
- Homeowners
- 94.8%
- Bachelor's degree or higher
- 48.3%
- Average commute
- 34 min
Is Byram a good place to live?
Pros: Median household income 34% higher than the New Jersey median; home values 14% lower than the state median; unemployment of 4.9%; a poverty rate of 2.5%.
Cons: An average commute of 34 minutes.
The weather is best in June to September.
Cost of living in Byram
Housing is the biggest part of the cost of living. In Byram the median home value is $389,900, 17% higher than the U.S. median. Renters pay a median of $1,561 per month, which is 24.3% of household income. Homeowners with a mortgage pay $2,714 a month in housing costs.
Byram median household income
The median household income in Byram is $138,854 and the income per person is $60,036. 2.5% of residents live below the poverty line (New Jersey: 9.7%).
Housing in Byram: homes for sale and rent
- Housing units
- 3,274
- Owner-occupied
- 94.8%
- Renter-occupied
- 5.2%
- Vacant
- 8.7%Includes seasonal homes
- Median year built
- 1970
- Average household size
- 2.72
Byram demographics
- Population
- 8,119
- Median age
- 40
- Under 18
- 20.7%
- 65 and older
- 15.6%
- Households
- 2,988
- Foreign-born
- 6.2%
- Veterans
- 4.8%Adults 18+
Hispanic or Latino can be of any race. Population history of Byram ›
Education in Byram
48.3% of adults 25 and older in Byram have a bachelor's degree or higher (New Jersey: 43.6%), and 17.2% have a graduate or professional degree.
Jobs and commute in Byram
- Unemployment rate
- 4.9%State: 6.3%
- Average commute
- 34 minState: 31 min
- Work from home
- 19.3%
- Drive alone
- 76.6%
- Public transit
- 0.2%
- Walk to work
- 0.2%
- Homes with broadband
- 95.4%
Byram vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Byram | 8,119 | $138,854 | $389,900 | $1,561 |
| Byram Center | 2,188 | $132,857 | $366,900 | $1,526 |
| Andover | 728 | $92,750 | $400,000 | $1,597 |
| Hopatcong | 14,565 | $115,758 | $340,700 | $1,777 |
| Stanhope | 3,552 | $139,205 | $376,700 | $1,964 |
| Port Morris | 858 | $69,067 | $410,100 | $1,470 |
| Landing | 4,737 | $128,068 | $417,400 | $1,799 |
| Netcong | 3,659 | $83,958 | $346,100 | $1,432 |
| Mount Arlington | 5,935 | $92,264 | $422,900 | $2,392 |
More for people moving to Byram
Byram ZIP code ›Weather and climate ›Living in Byram: FAQ
What is the median household income in Byram, NJ?
The median household income in Byram is $138,854, 34% 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 Byram?
The median home value in Byram is $389,900, compared with $454,400 in New Jersey.
How much is rent in Byram?
The median gross rent in Byram is $1,561 per month, about 24.3% of household income.
Is Byram, NJ a good place to live?
Pluses: median household income 34% higher than the New Jersey median; home values 14% lower than the state median; unemployment of 4.9%; a poverty rate of 2.5%. Minuses: an average commute of 34 minutes.
What is the median age in Byram?
The median age in Byram is 40 years (New Jersey: 40.1).
How long is the commute in Byram?
The average commute to work in Byram is 34 minutes; 19.3% of workers work from home.
What is the unemployment rate in Byram?
The unemployment rate in Byram is 4.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Byram?
48.3% of adults in Byram 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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