Living in Downe, New Jersey
Cost of living, income, home prices, rent and demographics of Downe · Census data 2020–2024
Downe has 1,638 residents with a median age of 51. The median household income is $67,708 (35% lower than the New Jersey median), the median home value is $191,600, the median rent is $1,273/month.
Downe at a glance
- Population
- 1,638
- Median age
- 51State: 40.1
- Median household income
- $67,708State: $103,556
- Median home value
- $191,600State: $454,400
- Median rent
- $1,273/moState: $1,720
- Homeowners
- 84.3%
- Bachelor's degree or higher
- 17.1%
- Average commute
- 32 min
Is Downe a good place to live?
Pros: Home values 58% lower than the state median; unemployment of 6.2%.
Cons: Median household income 35% lower than the New Jersey median; an average commute of 32 minutes; a poverty rate of 12.4%.
The weather is best in May–June and August–September.
Cost of living in Downe
Housing is the biggest part of the cost of living. In Downe the median home value is $191,600, 42% lower than the U.S. median. Renters pay a median of $1,273 per month, which is 16.4% of household income. Homeowners with a mortgage pay $1,797 a month in housing costs.
Downe median household income
The median household income in Downe is $67,708 and the income per person is $39,398. 12.4% of residents live below the poverty line (New Jersey: 9.7%).
Housing in Downe: homes for sale and rent
- Housing units
- 983
- Owner-occupied
- 84.3%
- Renter-occupied
- 15.7%
- Vacant
- 27.4%Includes seasonal homes
- Median year built
- 1960
- Average household size
- 2.29
Downe demographics
- Population
- 1,638
- Median age
- 51
- Under 18
- 24.4%
- 65 and older
- 27.6%
- Households
- 714
- Foreign-born
- 5.5%
- Veterans
- 4.8%Adults 18+
Hispanic or Latino can be of any race. Population history of Downe ›
Education in Downe
17.1% of adults 25 and older in Downe have a bachelor's degree or higher (New Jersey: 43.6%), and 3.9% have a graduate or professional degree.
Jobs and commute in Downe
- Unemployment rate
- 6.2%State: 6.3%
- Average commute
- 32 minState: 31 min
- Work from home
- 7.5%
- Drive alone
- 84.7%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 80.1%
Downe vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Downe | 1,638 | $67,708 | $191,600 | $1,273 |
| Dividing Creek | 652 | $63,194 | $175,000 | — |
| Newport | 533 | $76,500 | $219,700 | — |
| Commercial | 4,674 | $55,733 | $161,600 | $1,465 |
| Lawrence | 3,087 | $85,515 | $229,500 | $1,300 |
| Centre Grove | 1,339 | $74,813 | $227,300 | — |
| Cedarville | 661 | $69,167 | $174,500 | $1,372 |
| Laurel Lake | 2,641 | $55,574 | $156,800 | $1,200 |
| Mauricetown | 365 | $65,810 | $173,300 | — |
More for people moving to Downe
Downe ZIP code ›Weather and climate ›Living in Downe: FAQ
What is the median household income in Downe, NJ?
The median household income in Downe is $67,708, 35% lower 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 Downe?
The median home value in Downe is $191,600, compared with $454,400 in New Jersey.
How much is rent in Downe?
The median gross rent in Downe is $1,273 per month, about 16.4% of household income.
Is Downe, NJ a good place to live?
Pluses: home values 58% lower than the state median; unemployment of 6.2%. Minuses: median household income 35% lower than the New Jersey median; an average commute of 32 minutes; a poverty rate of 12.4%.
What is the median age in Downe?
The median age in Downe is 51 years (New Jersey: 40.1).
How long is the commute in Downe?
The average commute to work in Downe is 32 minutes; 7.5% of workers work from home.
What is the unemployment rate in Downe?
The unemployment rate in Downe is 6.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Downe?
17.1% of adults in Downe 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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