Living in Fredon, New Jersey

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

Fredon has 3,281 residents with a median age of 49.6. The median household income is $142,903 (38% higher than the New Jersey median), the median home value is $457,600, the median rent is $1,205/month.

Fredon at a glance

Population
3,281
Median age
49.6State: 40.1
Median household income
$142,903State: $103,556
Median home value
$457,600State: $454,400
Median rent
$1,205/moState: $1,720
Homeowners
95.5%
Bachelor's degree or higher
48.9%
Average commute
37 min

Is Fredon a good place to live?

Pros: Median household income 38% higher than the New Jersey median; unemployment of 3.2%; a poverty rate of 6.5%.

Cons: Home values about the same as the state median; an average commute of 37 minutes.

The weather is best in June to September.

Cost of living in Fredon

Housing is the biggest part of the cost of living. In Fredon the median home value is $457,600, 38% higher than the U.S. median. Renters pay a median of $1,205 per month, which is 18.5% of household income. Homeowners with a mortgage pay $2,958 a month in housing costs.

Median home value

Fredon$457,600
New Jersey$454,400
United States$332,700

Median monthly rent

Fredon$1,205
New Jersey$1,720
United States$1,413

Fredon median household income

The median household income in Fredon is $142,903 and the income per person is $68,238. 6.5% of residents live below the poverty line (New Jersey: 9.7%).

Median household income

Fredon$142,903
New Jersey$103,556
United States$80,734

Housing in Fredon: homes for sale and rent

Housing units
1,310
Owner-occupied
95.5%
Renter-occupied
4.5%
Vacant
4%Includes seasonal homes
Median year built
1978
Average household size
2.59

Fredon demographics

Population
3,281
Median age
49.6
Under 18
21.4%
65 and older
20.7%
Households
1,258
Foreign-born
5.9%
Veterans
5.9%Adults 18+

Race and ethnicity

White88%
Hispanic or Latino2.7%
Black0.7%
Asian2.1%

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

Education in Fredon

48.9% of adults 25 and older in Fredon have a bachelor's degree or higher (New Jersey: 43.6%), and 22.5% have a graduate or professional degree.

Bachelor's degree or higher

Fredon48.9%
New Jersey43.6%
United States35.7%

Jobs and commute in Fredon

Unemployment rate
3.2%State: 6.3%
Average commute
37 minState: 31 min
Work from home
16.3%
Drive alone
77.3%
Public transit
2.8%
Walk to work
0%
Homes with broadband
96.3%

Fredon vs nearby towns

TownPopulationMedian incomeHome valueRent
Fredon3,281$142,903$457,600$1,205
Green3,657$141,875$472,200$1,648
Newton8,369$76,221$302,700$1,442
Stillwater4,052$123,134$343,100$1,238
Andover728$92,750$400,000$1,597
Hampton4,912$109,676$336,700$1,680
Johnsonburg406$103,056$482,000—
Marksboro193$141,563$463,900—
Frelinghuysen2,137$122,727$455,500$1,683

More for people moving to Fredon

Fredon ZIP code ›Weather and climate ›

Living in Fredon: FAQ

What is the median household income in Fredon, NJ?

The median household income in Fredon is $142,903, 38% 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 Fredon?

The median home value in Fredon is $457,600, compared with $454,400 in New Jersey.

How much is rent in Fredon?

The median gross rent in Fredon is $1,205 per month, about 18.5% of household income.

Is Fredon, NJ a good place to live?

Pluses: median household income 38% higher than the New Jersey median; unemployment of 3.2%; a poverty rate of 6.5%. Minuses: home values about the same as the state median; an average commute of 37 minutes.

What is the median age in Fredon?

The median age in Fredon is 49.6 years (New Jersey: 40.1).

How long is the commute in Fredon?

The average commute to work in Fredon is 37 minutes; 16.3% of workers work from home.

What is the unemployment rate in Fredon?

The unemployment rate in Fredon is 3.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Fredon?

48.9% of adults in Fredon 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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