Living in Jersey City, New Jersey
Cost of living, income, home prices, rent and demographics of Jersey City · Census data 2020–2024
Jersey City has 294,078 residents with a median age of 34.7. The median household income is $97,710 (6% lower than the New Jersey median), the median home value is $566,900, the median rent is $2,007/month.
Jersey City at a glance
- Population
- 294,078
- Median age
- 34.7State: 40.1
- Median household income
- $97,710State: $103,556
- Median home value
- $566,900State: $454,400
- Median rent
- $2,007/moState: $1,720
- Homeowners
- 27.9%
- Bachelor's degree or higher
- 54.8%
- Average commute
- 37 min
Is Jersey City a good place to live?
Pros: Unemployment of 5.5%.
Cons: Median household income 6% lower than the New Jersey median; home values 25% higher than the state median; an average commute of 37 minutes; a poverty rate of 15.6%.
The weather is best in May–June and August–September.
Cost of living in Jersey City
Housing is the biggest part of the cost of living. In Jersey City the median home value is $566,900, 70% higher than the U.S. median. Renters pay a median of $2,007 per month, which is 27.5% of household income. Homeowners with a mortgage pay $3,291 a month in housing costs.
Jersey City median household income
The median household income in Jersey City is $97,710 and the income per person is $60,429. 15.6% of residents live below the poverty line (New Jersey: 9.7%).
Housing in Jersey City: homes for sale and rent
- Housing units
- 135,231
- Owner-occupied
- 27.9%
- Renter-occupied
- 72.1%
- Vacant
- 7.4%Includes seasonal homes
- Median year built
- 1971
- Average household size
- 2.33
Jersey City demographics
- Population
- 294,078
- Median age
- 34.7
- Under 18
- 19.7%
- 65 and older
- 11.8%
- Households
- 125,223
- Foreign-born
- 41.7%
- Veterans
- 1.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Jersey City ›
Education in Jersey City
54.8% of adults 25 and older in Jersey City have a bachelor's degree or higher (New Jersey: 43.6%), and 24.9% have a graduate or professional degree.
Jobs and commute in Jersey City
- Unemployment rate
- 5.5%State: 6.3%
- Average commute
- 37 minState: 31 min
- Work from home
- 24.7%
- Drive alone
- 26.1%
- Public transit
- 36.1%
- Walk to work
- 5.5%
- Homes with broadband
- 92.5%
Jersey City vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Jersey City | 294,078 | $97,710 | $566,900 | $2,007 |
| Hoboken | 58,668 | $180,579 | $895,100 | $2,938 |
| Bayonne | 71,553 | $83,887 | $460,100 | $1,682 |
| Kearny | 40,614 | $79,154 | $459,400 | $1,720 |
| Union City | 66,463 | $64,310 | $471,600 | $1,537 |
| Weehawken | 17,295 | $127,763 | $889,000 | $2,500 |
| Secaucus | 21,778 | $139,821 | $571,900 | $2,391 |
| Harrison | 20,369 | $93,013 | $505,800 | $2,226 |
| Newark | 310,178 | $52,060 | $373,700 | $1,392 |
More for people moving to Jersey City
Jersey City ZIP code ›Weather and climate ›Living in Jersey City: FAQ
What is the median household income in Jersey City, NJ?
The median household income in Jersey City is $97,710, 6% 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 Jersey City?
The median home value in Jersey City is $566,900, compared with $454,400 in New Jersey.
How much is rent in Jersey City?
The median gross rent in Jersey City is $2,007 per month, about 27.5% of household income.
Is Jersey City, NJ a good place to live?
Pluses: unemployment of 5.5%. Minuses: median household income 6% lower than the New Jersey median; home values 25% higher than the state median; an average commute of 37 minutes; a poverty rate of 15.6%.
What is the median age in Jersey City?
The median age in Jersey City is 34.7 years (New Jersey: 40.1).
How long is the commute in Jersey City?
The average commute to work in Jersey City is 37 minutes; 24.7% of workers work from home.
What is the unemployment rate in Jersey City?
The unemployment rate in Jersey City is 5.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Jersey City?
54.8% of adults in Jersey City 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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