Living in Hamilton, New Jersey
Cost of living, income, home prices, rent and demographics of Hamilton · Census data 2020–2024
Hamilton has 28,204 residents with a median age of 40.3. The median household income is $78,850 (24% lower than the New Jersey median), the median home value is $246,200, the median rent is $1,691/month.
Hamilton at a glance
- Population
- 28,204
- Median age
- 40.3State: 40.1
- Median household income
- $78,850State: $103,556
- Median home value
- $246,200State: $454,400
- Median rent
- $1,691/moState: $1,720
- Homeowners
- 70.7%
- Bachelor's degree or higher
- 28.4%
- Average commute
- 27 min
Is Hamilton a good place to live?
Pros: Home values 46% lower than the state median; an average commute of 27 minutes; a poverty rate of 8.8%.
Cons: Median household income 24% lower than the New Jersey median; unemployment of 10.8%.
The weather is best in May–June and August–September.
Cost of living in Hamilton
Housing is the biggest part of the cost of living. In Hamilton the median home value is $246,200, 26% lower than the U.S. median. Renters pay a median of $1,691 per month, which is 31.1% of household income. Homeowners with a mortgage pay $2,092 a month in housing costs.
Hamilton median household income
The median household income in Hamilton is $78,850 and the income per person is $37,727. 8.8% of residents live below the poverty line (New Jersey: 9.7%).
Housing in Hamilton: homes for sale and rent
- Housing units
- 11,291
- Owner-occupied
- 70.7%
- Renter-occupied
- 29.3%
- Vacant
- 3.3%Includes seasonal homes
- Median year built
- 1989
- Average household size
- 2.50
Hamilton demographics
- Population
- 28,204
- Median age
- 40.3
- Under 18
- 20%
- 65 and older
- 18.9%
- Households
- 10,923
- Foreign-born
- 8%
- Veterans
- 6.3%Adults 18+
Hispanic or Latino can be of any race. Population history of Hamilton ›
Education in Hamilton
28.4% of adults 25 and older in Hamilton have a bachelor's degree or higher (New Jersey: 43.6%), and 7.4% have a graduate or professional degree.
Jobs and commute in Hamilton
- Unemployment rate
- 10.8%State: 6.3%
- Average commute
- 27 minState: 31 min
- Work from home
- 8.2%
- Drive alone
- 75.3%
- Public transit
- 0.4%
- Walk to work
- 2.4%
- Homes with broadband
- 96.7%
Hamilton vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Hamilton | 28,204 | $78,850 | $246,200 | $1,691 |
| Mays Landing | 6,406 | $83,056 | $263,700 | $1,131 |
| McKee City | 10,731 | $68,133 | $218,100 | $1,799 |
| Mizpah | 473 | $51,350 | $173,400 | — |
| Elwood | 733 | $85,954 | $208,900 | — |
| Cologne | 1,083 | $128,036 | $339,400 | $2,325 |
| Dorothy | 1,225 | $107,366 | $333,000 | — |
| Milmay | 748 | $61,250 | $295,600 | $1,188 |
| Weymouth | 2,675 | $72,459 | $169,700 | $1,300 |
More for people moving to Hamilton
Hamilton ZIP code ›Weather and climate ›Living in Hamilton: FAQ
What is the median household income in Hamilton, NJ?
The median household income in Hamilton is $78,850, 24% 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 Hamilton?
The median home value in Hamilton is $246,200, compared with $454,400 in New Jersey.
How much is rent in Hamilton?
The median gross rent in Hamilton is $1,691 per month, about 31.1% of household income.
Is Hamilton, NJ a good place to live?
Pluses: home values 46% lower than the state median; an average commute of 27 minutes; a poverty rate of 8.8%. Minuses: median household income 24% lower than the New Jersey median; unemployment of 10.8%.
What is the median age in Hamilton?
The median age in Hamilton is 40.3 years (New Jersey: 40.1).
How long is the commute in Hamilton?
The average commute to work in Hamilton is 27 minutes; 8.2% of workers work from home.
What is the unemployment rate in Hamilton?
The unemployment rate in Hamilton is 10.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Hamilton?
28.4% of adults in Hamilton 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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