Living in Delaware, New Jersey
Cost of living, income, home prices, rent and demographics of Delaware · Census data 2020–2024
Delaware has 4,577 residents with a median age of 54.4. The median household income is $194,219 (88% higher than the New Jersey median), the median home value is $637,700.
Delaware at a glance
- Population
- 4,577
- Median age
- 54.4State: 40.1
- Median household income
- $194,219State: $103,556
- Median home value
- $637,700State: $454,400
- Homeowners
- 97.4%
- Bachelor's degree or higher
- 61.7%
- Average commute
- 33 min
Is Delaware a good place to live?
Pros: Median household income 88% higher than the New Jersey median; unemployment of 1.9%; a poverty rate of 0.9%.
Cons: Home values 40% 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 Delaware
Housing is the biggest part of the cost of living. In Delaware the median home value is $637,700, 92% higher than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $3,230 a month in housing costs.
Delaware median household income
The median household income in Delaware is $194,219 and the income per person is $100,659. 0.9% of residents live below the poverty line (New Jersey: 9.7%).
Housing in Delaware: homes for sale and rent
- Housing units
- 1,839
- Owner-occupied
- 97.4%
- Renter-occupied
- 2.6%
- Vacant
- 5.7%Includes seasonal homes
- Median year built
- 1981
- Average household size
- 2.62
Delaware demographics
- Population
- 4,577
- Median age
- 54.4
- Under 18
- 13.8%
- 65 and older
- 27.7%
- Households
- 1,735
- Foreign-born
- 2.8%
- Veterans
- 2%Adults 18+
Hispanic or Latino can be of any race. Population history of Delaware ›
Education in Delaware
61.7% of adults 25 and older in Delaware have a bachelor's degree or higher (New Jersey: 43.6%), and 22.4% have a graduate or professional degree.
Jobs and commute in Delaware
- Unemployment rate
- 1.9%State: 6.3%
- Average commute
- 33 minState: 31 min
- Work from home
- 16.6%
- Drive alone
- 76.6%
- Public transit
- 4.3%
- Walk to work
- 1.1%
- Homes with broadband
- 96.3%
Delaware vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Delaware | 4,577 | $194,219 | $637,700 | — |
| Stockton | 446 | $104,000 | $441,700 | $1,592 |
| Ringoes | 934 | $84,545 | $396,700 | $1,837 |
| Lambertville | 4,153 | $109,733 | $562,300 | $1,438 |
| Kingwood | 3,835 | $135,129 | $477,100 | $1,388 |
| New Hope | 2,622 | $175,156 | $716,200 | $2,000 |
| West Amwell | 3,027 | $151,250 | $596,900 | $2,217 |
| Solebury | 8,685 | $195,962 | $788,700 | $2,467 |
| Flemington | 4,896 | $69,978 | $400,600 | $1,532 |
More for people moving to Delaware
Delaware ZIP code ›Weather and climate ›Living in Delaware: FAQ
What is the median household income in Delaware, NJ?
The median household income in Delaware is $194,219, 88% 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 Delaware?
The median home value in Delaware is $637,700, compared with $454,400 in New Jersey.
Is Delaware, NJ a good place to live?
Pluses: median household income 88% higher than the New Jersey median; unemployment of 1.9%; a poverty rate of 0.9%. Minuses: home values 40% higher than the state median; an average commute of 33 minutes.
What is the median age in Delaware?
The median age in Delaware is 54.4 years (New Jersey: 40.1).
How long is the commute in Delaware?
The average commute to work in Delaware is 33 minutes; 16.6% of workers work from home.
What is the unemployment rate in Delaware?
The unemployment rate in Delaware is 1.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Delaware?
61.7% of adults in Delaware 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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