Living in Little Silver, New Jersey
Cost of living, income, home prices, rent and demographics of Little Silver · Census data 2020–2024
Little Silver has 6,105 residents with a median age of 46.1. The median household income is $240,853 (133% higher than the New Jersey median), the median home value is $955,900, the median rent is $3,501/month.
Little Silver at a glance
- Population
- 6,105
- Median age
- 46.1State: 40.1
- Median household income
- $240,853State: $103,556
- Median home value
- $955,900State: $454,400
- Median rent
- $3,501/moState: $1,720
- Homeowners
- 96.3%
- Bachelor's degree or higher
- 81%
- Average commute
- 36 min
Is Little Silver a good place to live?
Pros: Median household income 133% higher than the New Jersey median; unemployment of 3.3%; a poverty rate of 1.2%.
Cons: Home values 110% higher than the state median; an average commute of 36 minutes.
The weather is best in June to September.
Cost of living in Little Silver
Housing is the biggest part of the cost of living. In Little Silver the median home value is $955,900, 187% higher than the U.S. median. Renters pay a median of $3,501 per month, which is 18.1% of household income. Homeowners with a mortgage pay $4,001 a month in housing costs.
Little Silver median household income
The median household income in Little Silver is $240,853 and the income per person is $109,370. 1.2% of residents live below the poverty line (New Jersey: 9.7%).
Housing in Little Silver: homes for sale and rent
- Housing units
- 2,281
- Owner-occupied
- 96.3%
- Renter-occupied
- 3.7%
- Vacant
- 1.6%Includes seasonal homes
- Median year built
- 1958
- Average household size
- 2.72
Little Silver demographics
- Population
- 6,105
- Median age
- 46.1
- Under 18
- 23%
- 65 and older
- 18.5%
- Households
- 2,245
- Foreign-born
- 3.4%
- Veterans
- 4%Adults 18+
Hispanic or Latino can be of any race. Population history of Little Silver ›
Education in Little Silver
81% of adults 25 and older in Little Silver have a bachelor's degree or higher (New Jersey: 43.6%), and 36.9% have a graduate or professional degree.
Jobs and commute in Little Silver
- Unemployment rate
- 3.3%State: 6.3%
- Average commute
- 36 minState: 31 min
- Work from home
- 31.9%
- Drive alone
- 51.5%
- Public transit
- 9.8%
- Walk to work
- 3%
- Homes with broadband
- 99.4%
Little Silver vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Little Silver | 6,105 | $240,853 | $955,900 | $3,501 |
| Shrewsbury | 4,179 | $178,958 | $811,400 | $3,472 |
| Fair Haven | 6,170 | $250,001 | $992,200 | $3,492 |
| Oceanport | 6,195 | $126,094 | $757,700 | $1,608 |
| Red Bank | 12,862 | $97,477 | $504,900 | $2,026 |
| Rumson | 7,241 | $250,001 | $1,679,300 | $3,501 |
| Monmouth Beach | 3,207 | $150,188 | $995,000 | $2,257 |
| Sea Bright | 1,718 | $143,241 | $821,100 | $2,481 |
| Fairview | 3,892 | $165,135 | $622,600 | $3,250 |
More for people moving to Little Silver
Little Silver ZIP code ›Weather and climate ›Living in Little Silver: FAQ
What is the median household income in Little Silver, NJ?
The median household income in Little Silver is $240,853, 133% 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 Little Silver?
The median home value in Little Silver is $955,900, compared with $454,400 in New Jersey.
How much is rent in Little Silver?
The median gross rent in Little Silver is $3,501 per month, about 18.1% of household income.
Is Little Silver, NJ a good place to live?
Pluses: median household income 133% higher than the New Jersey median; unemployment of 3.3%; a poverty rate of 1.2%. Minuses: home values 110% higher than the state median; an average commute of 36 minutes.
What is the median age in Little Silver?
The median age in Little Silver is 46.1 years (New Jersey: 40.1).
How long is the commute in Little Silver?
The average commute to work in Little Silver is 36 minutes; 31.9% of workers work from home.
What is the unemployment rate in Little Silver?
The unemployment rate in Little Silver is 3.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Little Silver?
81% of adults in Little Silver 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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