Living in Fair Haven, New Jersey
Cost of living, income, home prices, rent and demographics of Fair Haven · Census data 2020–2024
Fair Haven has 6,170 residents with a median age of 40.1. The median household income is $250,001 (141% higher than the New Jersey median), the median home value is $992,200, the median rent is $3,492/month.
Fair Haven at a glance
- Population
- 6,170
- Median age
- 40.1State: 40.1
- Median household income
- $250,001State: $103,556
- Median home value
- $992,200State: $454,400
- Median rent
- $3,492/moState: $1,720
- Homeowners
- 89.8%
- Bachelor's degree or higher
- 86.8%
- Average commute
- 44 min
Is Fair Haven a good place to live?
Pros: Median household income 141% higher than the New Jersey median; unemployment of 4.9%; a poverty rate of 1.1%.
Cons: Home values 118% higher than the state median; an average commute of 44 minutes.
The weather is best in June to September.
Cost of living in Fair Haven
Housing is the biggest part of the cost of living. In Fair Haven the median home value is $992,200, 198% higher than the U.S. median. Renters pay a median of $3,492 per month, which is 17.6% of household income. Homeowners with a mortgage pay $4,001 a month in housing costs.
Fair Haven median household income
The median household income in Fair Haven is $250,001 and the income per person is $116,033. 1.1% of residents live below the poverty line (New Jersey: 9.7%).
Housing in Fair Haven: homes for sale and rent
- Housing units
- 2,132
- Owner-occupied
- 89.8%
- Renter-occupied
- 10.2%
- Vacant
- 4%Includes seasonal homes
- Median year built
- 1955
- Average household size
- 3.01
Fair Haven demographics
- Population
- 6,170
- Median age
- 40.1
- Under 18
- 31.7%
- 65 and older
- 10.2%
- Households
- 2,046
- Foreign-born
- 4.6%
- Veterans
- 2.8%Adults 18+
Hispanic or Latino can be of any race. Population history of Fair Haven ›
Education in Fair Haven
86.8% of adults 25 and older in Fair Haven have a bachelor's degree or higher (New Jersey: 43.6%), and 31.4% have a graduate or professional degree.
Jobs and commute in Fair Haven
- Unemployment rate
- 4.9%State: 6.3%
- Average commute
- 44 minState: 31 min
- Work from home
- 24.6%
- Drive alone
- 49.1%
- Public transit
- 18.1%
- Walk to work
- 0.9%
- Homes with broadband
- 98.7%
Fair Haven vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Fair Haven | 6,170 | $250,001 | $992,200 | $3,492 |
| Red Bank | 12,862 | $97,477 | $504,900 | $2,026 |
| Little Silver | 6,105 | $240,853 | $955,900 | $3,501 |
| Rumson | 7,241 | $250,001 | $1,679,300 | $3,501 |
| Fairview | 3,892 | $165,135 | $622,600 | $3,250 |
| Shrewsbury | 4,179 | $178,958 | $811,400 | $3,472 |
| Navesink | 1,867 | $151,557 | $755,900 | — |
| Sea Bright | 1,718 | $143,241 | $821,100 | $2,481 |
| Monmouth Beach | 3,207 | $150,188 | $995,000 | $2,257 |
More for people moving to Fair Haven
Fair Haven ZIP code ›Weather and climate ›Living in Fair Haven: FAQ
What is the median household income in Fair Haven, NJ?
The median household income in Fair Haven is $250,001, 141% 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 Fair Haven?
The median home value in Fair Haven is $992,200, compared with $454,400 in New Jersey.
How much is rent in Fair Haven?
The median gross rent in Fair Haven is $3,492 per month, about 17.6% of household income.
Is Fair Haven, NJ a good place to live?
Pluses: median household income 141% higher than the New Jersey median; unemployment of 4.9%; a poverty rate of 1.1%. Minuses: home values 118% higher than the state median; an average commute of 44 minutes.
What is the median age in Fair Haven?
The median age in Fair Haven is 40.1 years (New Jersey: 40.1).
How long is the commute in Fair Haven?
The average commute to work in Fair Haven is 44 minutes; 24.6% of workers work from home.
What is the unemployment rate in Fair Haven?
The unemployment rate in Fair Haven is 4.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Fair Haven?
86.8% of adults in Fair Haven 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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