Living in Erma, New Jersey

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

Erma has 1,959 residents with a median age of 44.8. The median household income is $96,885 (6% lower than the New Jersey median), the median home value is $409,900, the median rent is $1,530/month.

Erma at a glance

Population
1,959
Median age
44.8State: 40.1
Median household income
$96,885State: $103,556
Median home value
$409,900State: $454,400
Median rent
$1,530/moState: $1,720
Homeowners
79.5%
Bachelor's degree or higher
35.1%
Average commute
22 min

Is Erma a good place to live?

Pros: Home values 10% lower than the state median; an average commute of 22 minutes; a poverty rate of 5%.

Cons: Median household income 6% lower than the New Jersey median; unemployment of 8.3%.

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

Cost of living in Erma

Housing is the biggest part of the cost of living. In Erma the median home value is $409,900, 23% higher than the U.S. median. Renters pay a median of $1,530 per month, which is 19.7% of household income. Homeowners with a mortgage pay $1,880 a month in housing costs.

Median home value

Erma$409,900
New Jersey$454,400
United States$332,700

Median monthly rent

Erma$1,530
New Jersey$1,720
United States$1,413

Erma median household income

The median household income in Erma is $96,885 and the income per person is $41,478. 5% of residents live below the poverty line (New Jersey: 9.7%).

Median household income

Erma$96,885
New Jersey$103,556
United States$80,734

Housing in Erma: homes for sale and rent

Housing units
836
Owner-occupied
79.5%
Renter-occupied
20.5%
Vacant
5%Includes seasonal homes
Median year built
1977
Average household size
2.46

Erma demographics

Population
1,959
Median age
44.8
Under 18
24.5%
65 and older
18.6%
Households
794
Foreign-born
2.8%
Veterans
1.9%Adults 18+

Race and ethnicity

White79.3%
Hispanic or Latino7.4%
Black3.9%
Asian0.4%

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

Education in Erma

35.1% of adults 25 and older in Erma have a bachelor's degree or higher (New Jersey: 43.6%), and 10.2% have a graduate or professional degree.

Bachelor's degree or higher

Erma35.1%
New Jersey43.6%
United States35.7%

Jobs and commute in Erma

Unemployment rate
8.3%State: 6.3%
Average commute
22 minState: 31 min
Work from home
8.3%
Drive alone
73.3%
Public transit
0.2%
Walk to work
3.5%
Homes with broadband
91.3%

Erma vs nearby towns

TownPopulationMedian incomeHome valueRent
Erma1,959$96,885$409,900$1,530
Lower21,956$84,962$364,900$1,386
Rio Grande3,485$76,250$317,400$1,305
Villas9,735$80,974$301,600$1,719
Diamond Beach350$125,357$696,700—
North Cape May3,731$86,962$393,300$1,709
Wildwood Crest3,077$69,089$590,900$957
West Wildwood588$74,432$400,800$1,225
Cape May2,767$62,576$863,900$1,013

More for people moving to Erma

Erma ZIP code ›Weather and climate ›

Living in Erma: FAQ

What is the median household income in Erma, NJ?

The median household income in Erma is $96,885, 6% 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 Erma?

The median home value in Erma is $409,900, compared with $454,400 in New Jersey.

How much is rent in Erma?

The median gross rent in Erma is $1,530 per month, about 19.7% of household income.

Is Erma, NJ a good place to live?

Pluses: home values 10% lower than the state median; an average commute of 22 minutes; a poverty rate of 5%. Minuses: median household income 6% lower than the New Jersey median; unemployment of 8.3%.

What is the median age in Erma?

The median age in Erma is 44.8 years (New Jersey: 40.1).

How long is the commute in Erma?

The average commute to work in Erma is 22 minutes; 8.3% of workers work from home.

What is the unemployment rate in Erma?

The unemployment rate in Erma is 8.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Erma?

35.1% of adults in Erma 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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