Living in Lawrence, New Jersey
Cost of living, income, home prices, rent and demographics of Lawrence · Census data 2020–2024
Lawrence has 32,313 residents with a median age of 40.2. The median household income is $130,142 (26% higher than the New Jersey median), the median home value is $439,700, the median rent is $2,020/month.
Lawrence at a glance
- Population
- 32,313
- Median age
- 40.2State: 40.1
- Median household income
- $130,142State: $103,556
- Median home value
- $439,700State: $454,400
- Median rent
- $2,020/moState: $1,720
- Homeowners
- 67.5%
- Bachelor's degree or higher
- 61.3%
- Average commute
- 29 min
Is Lawrence a good place to live?
Pros: Median household income 26% higher than the New Jersey median; home values 3% lower than the state median; an average commute of 29 minutes; unemployment of 6%; a poverty rate of 4.5%.
The weather is best in May–June and August–September.
Cost of living in Lawrence
Housing is the biggest part of the cost of living. In Lawrence the median home value is $439,700, 32% higher than the U.S. median. Renters pay a median of $2,020 per month, which is 27.6% of household income. Homeowners with a mortgage pay $2,933 a month in housing costs.
Lawrence median household income
The median household income in Lawrence is $130,142 and the income per person is $61,892. 4.5% of residents live below the poverty line (New Jersey: 9.7%).
Housing in Lawrence: homes for sale and rent
- Housing units
- 12,927
- Owner-occupied
- 67.5%
- Renter-occupied
- 32.5%
- Vacant
- 3.8%Includes seasonal homes
- Median year built
- 1979
- Average household size
- 2.41
Lawrence demographics
- Population
- 32,313
- Median age
- 40.2
- Under 18
- 18.8%
- 65 and older
- 17.1%
- Households
- 12,442
- Foreign-born
- 27.3%
- Veterans
- 1.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Lawrence ›
Education in Lawrence
61.3% of adults 25 and older in Lawrence have a bachelor's degree or higher (New Jersey: 43.6%), and 28% have a graduate or professional degree.
Jobs and commute in Lawrence
- Unemployment rate
- 6%State: 6.3%
- Average commute
- 29 minState: 31 min
- Work from home
- 28.1%
- Drive alone
- 54.8%
- Public transit
- 4.7%
- Walk to work
- 3.7%
- Homes with broadband
- 93.6%
Lawrence vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Lawrence | 32,313 | $130,142 | $439,700 | $2,020 |
| Lawrenceville | 3,924 | $122,614 | $411,900 | $2,241 |
| Pennington | 2,827 | $192,586 | $672,900 | $1,886 |
| Mercerville | 13,535 | $128,277 | $358,600 | $1,621 |
| Ewing | 35,604 | $91,267 | $294,400 | $1,679 |
| West Windsor | 30,479 | $197,190 | $776,400 | $2,327 |
| Princeton | 30,756 | $192,079 | $1,050,600 | $2,636 |
| Trenton | 90,338 | $52,537 | $160,700 | $1,294 |
| Princeton Junction | 2,025 | $224,732 | $709,800 | $1,661 |
More for people moving to Lawrence
Lawrence ZIP code ›Weather and climate ›Living in Lawrence: FAQ
What is the median household income in Lawrence, NJ?
The median household income in Lawrence is $130,142, 26% 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 Lawrence?
The median home value in Lawrence is $439,700, compared with $454,400 in New Jersey.
How much is rent in Lawrence?
The median gross rent in Lawrence is $2,020 per month, about 27.6% of household income.
Is Lawrence, NJ a good place to live?
Pluses: median household income 26% higher than the New Jersey median; home values 3% lower than the state median; an average commute of 29 minutes; unemployment of 6%; a poverty rate of 4.5%.
What is the median age in Lawrence?
The median age in Lawrence is 40.2 years (New Jersey: 40.1).
How long is the commute in Lawrence?
The average commute to work in Lawrence is 29 minutes; 28.1% of workers work from home.
What is the unemployment rate in Lawrence?
The unemployment rate in Lawrence is 6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Lawrence?
61.3% of adults in Lawrence 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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