Living in Forked River, New Jersey
Cost of living, income, home prices, rent and demographics of Forked River · Census data 2020–2024
Forked River has 5,196 residents with a median age of 49.9. The median household income is $91,493 (12% lower than the New Jersey median), the median home value is $437,000, the median rent is $2,170/month.
Forked River at a glance
- Population
- 5,196
- Median age
- 49.9State: 40.1
- Median household income
- $91,493State: $103,556
- Median home value
- $437,000State: $454,400
- Median rent
- $2,170/moState: $1,720
- Homeowners
- 92.2%
- Bachelor's degree or higher
- 25.6%
- Average commute
- 31 min
Is Forked River a good place to live?
Pros: Home values 4% lower than the state median.
Cons: Median household income 12% lower than the New Jersey median; an average commute of 31 minutes; unemployment of 8.2%; a poverty rate of 11.6%.
The weather is best in May–June and August–September.
Cost of living in Forked River
Housing is the biggest part of the cost of living. In Forked River the median home value is $437,000, 31% higher than the U.S. median. Renters pay a median of $2,170 per month, which is 24.3% of household income. Homeowners with a mortgage pay $2,281 a month in housing costs.
Forked River median household income
The median household income in Forked River is $91,493 and the income per person is $47,532. 11.6% of residents live below the poverty line (New Jersey: 9.7%).
Housing in Forked River: homes for sale and rent
- Housing units
- 2,787
- Owner-occupied
- 92.2%
- Renter-occupied
- 7.8%
- Vacant
- 22.1%Includes seasonal homes
- Median year built
- 1981
- Average household size
- 2.39
Forked River demographics
- Population
- 5,196
- Median age
- 49.9
- Under 18
- 19.9%
- 65 and older
- 25.3%
- Households
- 2,172
- Foreign-born
- 7.1%
- Veterans
- 4.6%Adults 18+
Hispanic or Latino can be of any race. Population history of Forked River ›
Education in Forked River
25.6% of adults 25 and older in Forked River have a bachelor's degree or higher (New Jersey: 43.6%), and 6% have a graduate or professional degree.
Jobs and commute in Forked River
- Unemployment rate
- 8.2%State: 6.3%
- Average commute
- 31 minState: 31 min
- Work from home
- 17.8%
- Drive alone
- 74.2%
- Public transit
- 0%
- Walk to work
- 2.1%
- Homes with broadband
- 96.2%
Forked River vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Forked River | 5,196 | $91,493 | $437,000 | $2,170 |
| Waretown | 2,076 | $121,538 | $505,800 | — |
| Ocean | 9,014 | $100,524 | $475,200 | $1,217 |
| Lacey | 29,508 | $102,624 | $409,400 | $1,971 |
| Berkeley | 44,634 | $66,008 | $310,000 | $1,683 |
| Barnegat | 25,165 | $91,540 | $399,000 | $1,752 |
| Barnegat Light | 500 | $125,417 | $1,107,800 | — |
| Beachwood | 11,088 | $106,858 | $352,600 | $2,335 |
| Ocean Gate | 1,599 | $69,397 | $358,000 | $1,604 |
More for people moving to Forked River
Forked River ZIP code ›Weather and climate ›Living in Forked River: FAQ
What is the median household income in Forked River, NJ?
The median household income in Forked River is $91,493, 12% 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 Forked River?
The median home value in Forked River is $437,000, compared with $454,400 in New Jersey.
How much is rent in Forked River?
The median gross rent in Forked River is $2,170 per month, about 24.3% of household income.
Is Forked River, NJ a good place to live?
Pluses: home values 4% lower than the state median. Minuses: median household income 12% lower than the New Jersey median; an average commute of 31 minutes; unemployment of 8.2%; a poverty rate of 11.6%.
What is the median age in Forked River?
The median age in Forked River is 49.9 years (New Jersey: 40.1).
How long is the commute in Forked River?
The average commute to work in Forked River is 31 minutes; 17.8% of workers work from home.
What is the unemployment rate in Forked River?
The unemployment rate in Forked River is 8.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Forked River?
25.6% of adults in Forked River 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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