Living in Fort Lee, New Jersey
Cost of living, income, home prices, rent and demographics of Fort Lee · Census data 2020–2024
Fort Lee has 40,067 residents with a median age of 46.6. The median household income is $107,274 (4% higher than the New Jersey median), the median home value is $448,000, the median rent is $2,270/month.
Fort Lee at a glance
- Population
- 40,067
- Median age
- 46.6State: 40.1
- Median household income
- $107,274State: $103,556
- Median home value
- $448,000State: $454,400
- Median rent
- $2,270/moState: $1,720
- Homeowners
- 55.4%
- Bachelor's degree or higher
- 65.8%
- Average commute
- 35 min
Is Fort Lee a good place to live?
Pros: Median household income 4% higher than the New Jersey median; home values about the same as the state median; unemployment of 5.8%; a poverty rate of 7.8%.
Cons: An average commute of 35 minutes.
The weather is best in May–June and August–September.
Cost of living in Fort Lee
Housing is the biggest part of the cost of living. In Fort Lee the median home value is $448,000, 35% higher than the U.S. median. Renters pay a median of $2,270 per month, which is 29.4% of household income. Homeowners with a mortgage pay $3,579 a month in housing costs.
Fort Lee median household income
The median household income in Fort Lee is $107,274 and the income per person is $69,104. 7.8% of residents live below the poverty line (New Jersey: 9.7%).
Housing in Fort Lee: homes for sale and rent
- Housing units
- 19,679
- Owner-occupied
- 55.4%
- Renter-occupied
- 44.6%
- Vacant
- 7.1%Includes seasonal homes
- Median year built
- 1971
- Average household size
- 2.19
Fort Lee demographics
- Population
- 40,067
- Median age
- 46.6
- Under 18
- 17.2%
- 65 and older
- 25.1%
- Households
- 18,287
- Foreign-born
- 50.1%
- Veterans
- 1.8%Adults 18+
Hispanic or Latino can be of any race. Population history of Fort Lee ›
Education in Fort Lee
65.8% of adults 25 and older in Fort Lee have a bachelor's degree or higher (New Jersey: 43.6%), and 29.3% have a graduate or professional degree.
Jobs and commute in Fort Lee
- Unemployment rate
- 5.8%State: 6.3%
- Average commute
- 35 minState: 31 min
- Work from home
- 21.7%
- Drive alone
- 45.5%
- Public transit
- 20.2%
- Walk to work
- 3.9%
- Homes with broadband
- 94.3%
Fort Lee vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Fort Lee | 40,067 | $107,274 | $448,000 | $2,270 |
| Leonia | 9,336 | $129,665 | $672,900 | $2,073 |
| Palisades Park | 20,290 | $94,743 | $719,600 | $2,009 |
| Edgewater | 14,759 | $124,050 | $715,700 | $2,579 |
| Cliffside Park | 25,781 | $93,452 | $588,200 | $1,837 |
| Ridgefield Park | 13,235 | $100,718 | $496,700 | $1,731 |
| Fairview | 15,099 | $63,606 | $511,400 | $1,694 |
| Englewood Cliffs | 5,362 | $230,611 | $1,401,600 | $3,501 |
| Ridgefield | 11,498 | $118,059 | $646,200 | $2,095 |
More for people moving to Fort Lee
Fort Lee ZIP code ›Weather and climate ›Living in Fort Lee: FAQ
What is the median household income in Fort Lee, NJ?
The median household income in Fort Lee is $107,274, 4% 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 Fort Lee?
The median home value in Fort Lee is $448,000, compared with $454,400 in New Jersey.
How much is rent in Fort Lee?
The median gross rent in Fort Lee is $2,270 per month, about 29.4% of household income.
Is Fort Lee, NJ a good place to live?
Pluses: median household income 4% higher than the New Jersey median; home values about the same as the state median; unemployment of 5.8%; a poverty rate of 7.8%. Minuses: an average commute of 35 minutes.
What is the median age in Fort Lee?
The median age in Fort Lee is 46.6 years (New Jersey: 40.1).
How long is the commute in Fort Lee?
The average commute to work in Fort Lee is 35 minutes; 21.7% of workers work from home.
What is the unemployment rate in Fort Lee?
The unemployment rate in Fort Lee is 5.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Fort Lee?
65.8% of adults in Fort Lee 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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