Living in Lower, New Jersey
Cost of living, income, home prices, rent and demographics of Lower · Census data 2020–2024
Lower has 21,956 residents with a median age of 51. The median household income is $84,962 (18% lower than the New Jersey median), the median home value is $364,900, the median rent is $1,386/month.
Lower at a glance
- Population
- 21,956
- Median age
- 51State: 40.1
- Median household income
- $84,962State: $103,556
- Median home value
- $364,900State: $454,400
- Median rent
- $1,386/moState: $1,720
- Homeowners
- 84%
- Bachelor's degree or higher
- 31.8%
- Average commute
- 19 min
Is Lower a good place to live?
Pros: Home values 20% lower than the state median; an average commute of 19 minutes; a poverty rate of 7.7%.
Cons: Median household income 18% lower than the New Jersey median; unemployment of 7%.
The weather is best in May–June and August–September.
Cost of living in Lower
Housing is the biggest part of the cost of living. In Lower the median home value is $364,900, 10% higher than the U.S. median. Renters pay a median of $1,386 per month, which is 31.3% of household income. Homeowners with a mortgage pay $1,875 a month in housing costs.
Lower median household income
The median household income in Lower is $84,962 and the income per person is $47,440. 7.7% of residents live below the poverty line (New Jersey: 9.7%).
Housing in Lower: homes for sale and rent
- Housing units
- 15,436
- Owner-occupied
- 84%
- Renter-occupied
- 16%
- Vacant
- 29.6%Includes seasonal homes
- Median year built
- 1975
- Average household size
- 2.00
Lower demographics
- Population
- 21,956
- Median age
- 51
- Under 18
- 16.8%
- 65 and older
- 28.5%
- Households
- 10,862
- Foreign-born
- 4.5%
- Veterans
- 8.5%Adults 18+
Hispanic or Latino can be of any race. Population history of Lower ›
Education in Lower
31.8% of adults 25 and older in Lower have a bachelor's degree or higher (New Jersey: 43.6%), and 9.6% have a graduate or professional degree.
Jobs and commute in Lower
- Unemployment rate
- 7%State: 6.3%
- Average commute
- 19 minState: 31 min
- Work from home
- 9.7%
- Drive alone
- 76.2%
- Public transit
- 0.5%
- Walk to work
- 1.3%
- Homes with broadband
- 91.3%
Lower vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Lower | 21,956 | $84,962 | $364,900 | $1,386 |
| Erma | 1,959 | $96,885 | $409,900 | $1,530 |
| North Cape May | 3,731 | $86,962 | $393,300 | $1,709 |
| Villas | 9,735 | $80,974 | $301,600 | $1,719 |
| Cape May | 2,767 | $62,576 | $863,900 | $1,013 |
| Rio Grande | 3,485 | $76,250 | $317,400 | $1,305 |
| West Cape May | 1,011 | $91,250 | $751,100 | $1,232 |
| Diamond Beach | 350 | $125,357 | $696,700 | — |
| Wildwood Crest | 3,077 | $69,089 | $590,900 | $957 |
More for people moving to Lower
Lower ZIP code ›Weather and climate ›Living in Lower: FAQ
What is the median household income in Lower, NJ?
The median household income in Lower is $84,962, 18% 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 Lower?
The median home value in Lower is $364,900, compared with $454,400 in New Jersey.
How much is rent in Lower?
The median gross rent in Lower is $1,386 per month, about 31.3% of household income.
Is Lower, NJ a good place to live?
Pluses: home values 20% lower than the state median; an average commute of 19 minutes; a poverty rate of 7.7%. Minuses: median household income 18% lower than the New Jersey median; unemployment of 7%.
What is the median age in Lower?
The median age in Lower is 51 years (New Jersey: 40.1).
How long is the commute in Lower?
The average commute to work in Lower is 19 minutes; 9.7% of workers work from home.
What is the unemployment rate in Lower?
The unemployment rate in Lower is 7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Lower?
31.8% of adults in Lower 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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