Living in Lambertville, New Jersey
Cost of living, income, home prices, rent and demographics of Lambertville · Census data 2020–2024
Lambertville has 4,153 residents with a median age of 59.3. The median household income is $109,733 (6% higher than the New Jersey median), the median home value is $562,300, the median rent is $1,438/month.
Lambertville at a glance
- Population
- 4,153
- Median age
- 59.3State: 40.1
- Median household income
- $109,733State: $103,556
- Median home value
- $562,300State: $454,400
- Median rent
- $1,438/moState: $1,720
- Homeowners
- 78.3%
- Bachelor's degree or higher
- 70.4%
- Average commute
- 31 min
Is Lambertville a good place to live?
Pros: Median household income 6% higher than the New Jersey median; unemployment of 6.1%; a poverty rate of 3.1%.
Cons: Home values 24% higher than the state median; an average commute of 31 minutes.
The weather is best in May–June and September–October.
Cost of living in Lambertville
Housing is the biggest part of the cost of living. In Lambertville the median home value is $562,300, 69% higher than the U.S. median. Renters pay a median of $1,438 per month, which is 43.8% of household income. Homeowners with a mortgage pay $3,033 a month in housing costs.
Lambertville median household income
The median household income in Lambertville is $109,733 and the income per person is $90,431. 3.1% of residents live below the poverty line (New Jersey: 9.7%).
Housing in Lambertville: homes for sale and rent
- Housing units
- 2,353
- Owner-occupied
- 78.3%
- Renter-occupied
- 21.7%
- Vacant
- 4.4%Includes seasonal homes
- Median year built
- 1938
- Average household size
- 1.84
Lambertville demographics
- Population
- 4,153
- Median age
- 59.3
- Under 18
- 9.8%
- 65 and older
- 32%
- Households
- 2,249
- Foreign-born
- 12%
- Veterans
- 5%Adults 18+
Hispanic or Latino can be of any race. Population history of Lambertville ›
Education in Lambertville
70.4% of adults 25 and older in Lambertville have a bachelor's degree or higher (New Jersey: 43.6%), and 35.7% have a graduate or professional degree.
Jobs and commute in Lambertville
- Unemployment rate
- 6.1%State: 6.3%
- Average commute
- 31 minState: 31 min
- Work from home
- 27.5%
- Drive alone
- 60.4%
- Public transit
- 2%
- Walk to work
- 2.9%
- Homes with broadband
- 93.2%
Lambertville vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Lambertville | 4,153 | $109,733 | $562,300 | $1,438 |
| New Hope | 2,622 | $175,156 | $716,200 | $2,000 |
| Stockton | 446 | $104,000 | $441,700 | $1,592 |
| West Amwell | 3,027 | $151,250 | $596,900 | $2,217 |
| Solebury | 8,685 | $195,962 | $788,700 | $2,467 |
| Delaware | 4,577 | $194,219 | $637,700 | — |
| Upper Makefield | 8,855 | $212,768 | $876,200 | $2,361 |
| Titusville | 501 | $120,234 | $341,200 | — |
| Ringoes | 934 | $84,545 | $396,700 | $1,837 |
More for people moving to Lambertville
Lambertville ZIP code ›Weather and climate ›Living in Lambertville: FAQ
What is the median household income in Lambertville, NJ?
The median household income in Lambertville is $109,733, 6% 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 Lambertville?
The median home value in Lambertville is $562,300, compared with $454,400 in New Jersey.
How much is rent in Lambertville?
The median gross rent in Lambertville is $1,438 per month, about 43.8% of household income.
Is Lambertville, NJ a good place to live?
Pluses: median household income 6% higher than the New Jersey median; unemployment of 6.1%; a poverty rate of 3.1%. Minuses: home values 24% higher than the state median; an average commute of 31 minutes.
What is the median age in Lambertville?
The median age in Lambertville is 59.3 years (New Jersey: 40.1).
How long is the commute in Lambertville?
The average commute to work in Lambertville is 31 minutes; 27.5% of workers work from home.
What is the unemployment rate in Lambertville?
The unemployment rate in Lambertville is 6.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Lambertville?
70.4% of adults in Lambertville 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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