Living in Leonardo, New Jersey
Cost of living, income, home prices, rent and demographics of Leonardo · Census data 2020–2024
Leonardo has 2,493 residents with a median age of 36.9. The median household income is $138,125 (33% higher than the New Jersey median), the median home value is $450,700, the median rent is $1,694/month.
Leonardo at a glance
- Population
- 2,493
- Median age
- 36.9State: 40.1
- Median household income
- $138,125State: $103,556
- Median home value
- $450,700State: $454,400
- Median rent
- $1,694/moState: $1,720
- Homeowners
- 83.9%
- Bachelor's degree or higher
- 43.6%
- Average commute
- 36 min
Is Leonardo a good place to live?
Pros: Median household income 33% higher than the New Jersey median; home values about the same as the state median; unemployment of 4.8%; a poverty rate of 2.4%.
Cons: An average commute of 36 minutes.
The weather is best in June to September.
Cost of living in Leonardo
Housing is the biggest part of the cost of living. In Leonardo the median home value is $450,700, 35% higher than the U.S. median. Renters pay a median of $1,694 per month, which is 33% of household income. Homeowners with a mortgage pay $2,454 a month in housing costs.
Leonardo median household income
The median household income in Leonardo is $138,125 and the income per person is $59,420. 2.4% of residents live below the poverty line (New Jersey: 9.7%).
Housing in Leonardo: homes for sale and rent
- Housing units
- 979
- Owner-occupied
- 83.9%
- Renter-occupied
- 16.1%
- Vacant
- 0.9%Includes seasonal homes
- Median year built
- 1958
- Average household size
- 2.57
Leonardo demographics
- Population
- 2,493
- Median age
- 36.9
- Under 18
- 22.1%
- 65 and older
- 17.6%
- Households
- 970
- Foreign-born
- 5.8%
- Veterans
- 5.4%Adults 18+
Hispanic or Latino can be of any race. Population history of Leonardo ›
Education in Leonardo
43.6% of adults 25 and older in Leonardo have a bachelor's degree or higher (New Jersey: 43.6%), and 10.8% have a graduate or professional degree.
Jobs and commute in Leonardo
- Unemployment rate
- 4.8%State: 6.3%
- Average commute
- 36 minState: 31 min
- Work from home
- 15.6%
- Drive alone
- 77.6%
- Public transit
- 5.6%
- Walk to work
- 0.7%
- Homes with broadband
- 92%
Leonardo vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Leonardo | 2,493 | $138,125 | $450,700 | $1,694 |
| Belford | 1,636 | $113,359 | $514,000 | $1,458 |
| Middletown | 66,883 | $141,810 | $608,300 | $1,532 |
| Navesink | 1,867 | $151,557 | $755,900 | — |
| Atlantic Highlands | 4,410 | $126,080 | $628,100 | $1,979 |
| Port Monmouth | 3,046 | $104,135 | $451,300 | $1,156 |
| North Middletown | 3,035 | $116,210 | $357,100 | $2,186 |
| Fairview | 3,892 | $165,135 | $622,600 | $3,250 |
| Highlands | 4,518 | $91,913 | $455,000 | $1,658 |
More for people moving to Leonardo
Leonardo ZIP code ›Weather and climate ›Living in Leonardo: FAQ
What is the median household income in Leonardo, NJ?
The median household income in Leonardo is $138,125, 33% 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 Leonardo?
The median home value in Leonardo is $450,700, compared with $454,400 in New Jersey.
How much is rent in Leonardo?
The median gross rent in Leonardo is $1,694 per month, about 33% of household income.
Is Leonardo, NJ a good place to live?
Pluses: median household income 33% higher than the New Jersey median; home values about the same as the state median; unemployment of 4.8%; a poverty rate of 2.4%. Minuses: an average commute of 36 minutes.
What is the median age in Leonardo?
The median age in Leonardo is 36.9 years (New Jersey: 40.1).
How long is the commute in Leonardo?
The average commute to work in Leonardo is 36 minutes; 15.6% of workers work from home.
What is the unemployment rate in Leonardo?
The unemployment rate in Leonardo is 4.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Leonardo?
43.6% of adults in Leonardo 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.
Last updated: