Living in Jefferson, New Jersey

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

Jefferson has 20,587 residents with a median age of 46.4. The median household income is $119,836 (16% higher than the New Jersey median), the median home value is $428,200, the median rent is $1,480/month.

Jefferson at a glance

Population
20,587
Median age
46.4State: 40.1
Median household income
$119,836State: $103,556
Median home value
$428,200State: $454,400
Median rent
$1,480/moState: $1,720
Homeowners
89.1%
Bachelor's degree or higher
44.5%
Average commute
37 min

Is Jefferson a good place to live?

Pros: Median household income 16% higher than the New Jersey median; home values 6% lower than the state median; unemployment of 3.8%; a poverty rate of 4.5%.

Cons: An average commute of 37 minutes.

The weather is best in June to September.

Cost of living in Jefferson

Housing is the biggest part of the cost of living. In Jefferson the median home value is $428,200, 29% higher than the U.S. median. Renters pay a median of $1,480 per month, which is 29.4% of household income. Homeowners with a mortgage pay $2,629 a month in housing costs.

Median home value

Jefferson$428,200
New Jersey$454,400
United States$332,700

Median monthly rent

Jefferson$1,480
New Jersey$1,720
United States$1,413

Jefferson median household income

The median household income in Jefferson is $119,836 and the income per person is $58,098. 4.5% of residents live below the poverty line (New Jersey: 9.7%).

Median household income

Jefferson$119,836
New Jersey$103,556
United States$80,734

Housing in Jefferson: homes for sale and rent

Housing units
8,674
Owner-occupied
89.1%
Renter-occupied
10.9%
Vacant
3.9%Includes seasonal homes
Median year built
1970
Average household size
2.46

Jefferson demographics

Population
20,587
Median age
46.4
Under 18
18.9%
65 and older
20%
Households
8,340
Foreign-born
9.2%
Veterans
6.1%Adults 18+

Race and ethnicity

White78.9%
Hispanic or Latino12.8%
Black2.6%
Asian3.4%

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

Education in Jefferson

44.5% of adults 25 and older in Jefferson have a bachelor's degree or higher (New Jersey: 43.6%), and 15.3% have a graduate or professional degree.

Bachelor's degree or higher

Jefferson44.5%
New Jersey43.6%
United States35.7%

Jobs and commute in Jefferson

Unemployment rate
3.8%State: 6.3%
Average commute
37 minState: 31 min
Work from home
14.9%
Drive alone
76.1%
Public transit
2.1%
Walk to work
0.7%
Homes with broadband
96.2%

Jefferson vs nearby towns

TownPopulationMedian incomeHome valueRent
Jefferson20,587$119,836$428,200$1,480
Oak Ridge10,954$121,875$436,100$1,372
Lake Telemark1,506$110,042$464,100—
Hibernia115$121,205$451,800—
Lake Hopatcong10,259$117,625$424,200$1,686
Sparta20,077$167,963$484,200$1,864
White Meadow Lake8,842$149,324$470,800$2,686
Mount Hope3,120$86,607$398,000$1,585
Ogdensburg2,160$105,551$324,500$1,445

More for people moving to Jefferson

Jefferson ZIP code ›Weather and climate ›

Living in Jefferson: FAQ

What is the median household income in Jefferson, NJ?

The median household income in Jefferson is $119,836, 16% 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 Jefferson?

The median home value in Jefferson is $428,200, compared with $454,400 in New Jersey.

How much is rent in Jefferson?

The median gross rent in Jefferson is $1,480 per month, about 29.4% of household income.

Is Jefferson, NJ a good place to live?

Pluses: median household income 16% higher than the New Jersey median; home values 6% lower than the state median; unemployment of 3.8%; a poverty rate of 4.5%. Minuses: an average commute of 37 minutes.

What is the median age in Jefferson?

The median age in Jefferson is 46.4 years (New Jersey: 40.1).

How long is the commute in Jefferson?

The average commute to work in Jefferson is 37 minutes; 14.9% of workers work from home.

What is the unemployment rate in Jefferson?

The unemployment rate in Jefferson is 3.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Jefferson?

44.5% of adults in Jefferson 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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