Living in Moorestown, New Jersey
Cost of living, income, home prices, rent and demographics of Moorestown · Census data 2020–2024
Moorestown has 21,548 residents with a median age of 45.8. The median household income is $159,700 (54% higher than the New Jersey median), the median home value is $697,200, the median rent is $1,718/month.
Moorestown at a glance
- Population
- 21,548
- Median age
- 45.8State: 40.1
- Median household income
- $159,700State: $103,556
- Median home value
- $697,200State: $454,400
- Median rent
- $1,718/moState: $1,720
- Homeowners
- 81.3%
- Bachelor's degree or higher
- 68.7%
- Average commute
- 26 min
Is Moorestown a good place to live?
Pros: Median household income 54% higher than the New Jersey median; an average commute of 26 minutes; unemployment of 5.6%; a poverty rate of 5.7%.
Cons: Home values 53% higher than the state median.
The weather is best in May–June and September–October.
Cost of living in Moorestown
Housing is the biggest part of the cost of living. In Moorestown the median home value is $697,200, 110% higher than the U.S. median. Renters pay a median of $1,718 per month, which is 29.1% of household income. Homeowners with a mortgage pay $3,911 a month in housing costs.
Moorestown median household income
The median household income in Moorestown is $159,700 and the income per person is $89,355. 5.7% of residents live below the poverty line (New Jersey: 9.7%).
Housing in Moorestown: homes for sale and rent
- Housing units
- 8,397
- Owner-occupied
- 81.3%
- Renter-occupied
- 18.7%
- Vacant
- 5.3%Includes seasonal homes
- Median year built
- 1969
- Average household size
- 2.65
Moorestown demographics
- Population
- 21,548
- Median age
- 45.8
- Under 18
- 25.5%
- 65 and older
- 19.9%
- Households
- 7,954
- Foreign-born
- 9.8%
- Veterans
- 3.6%Adults 18+
Hispanic or Latino can be of any race. Population history of Moorestown ›
Education in Moorestown
68.7% of adults 25 and older in Moorestown have a bachelor's degree or higher (New Jersey: 43.6%), and 33.1% have a graduate or professional degree.
Jobs and commute in Moorestown
- Unemployment rate
- 5.6%State: 6.3%
- Average commute
- 26 minState: 31 min
- Work from home
- 27.6%
- Drive alone
- 66.7%
- Public transit
- 1.4%
- Walk to work
- 1%
- Homes with broadband
- 94.5%
Moorestown vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Moorestown | 21,548 | $159,700 | $697,200 | $1,718 |
| Moorestown-Lenola | 14,625 | $138,398 | $581,700 | $1,648 |
| Delran | 18,148 | $106,921 | $342,900 | $1,458 |
| Cinnaminson | 17,415 | $127,606 | $385,800 | $2,063 |
| Mount Laurel | 46,026 | $118,802 | $357,200 | $2,143 |
| Ramblewood | 6,611 | $111,170 | $399,900 | $2,277 |
| Maple Shade | 20,076 | $78,904 | $250,200 | $1,638 |
| Riverside | 8,055 | $75,833 | $222,100 | $1,538 |
| Riverton | 2,770 | $121,198 | $363,000 | $1,431 |
More for people moving to Moorestown
Moorestown ZIP code ›Weather and climate ›Living in Moorestown: FAQ
What is the median household income in Moorestown, NJ?
The median household income in Moorestown is $159,700, 54% 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 Moorestown?
The median home value in Moorestown is $697,200, compared with $454,400 in New Jersey.
How much is rent in Moorestown?
The median gross rent in Moorestown is $1,718 per month, about 29.1% of household income.
Is Moorestown, NJ a good place to live?
Pluses: median household income 54% higher than the New Jersey median; an average commute of 26 minutes; unemployment of 5.6%; a poverty rate of 5.7%. Minuses: home values 53% higher than the state median.
What is the median age in Moorestown?
The median age in Moorestown is 45.8 years (New Jersey: 40.1).
How long is the commute in Moorestown?
The average commute to work in Moorestown is 26 minutes; 27.6% of workers work from home.
What is the unemployment rate in Moorestown?
The unemployment rate in Moorestown is 5.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Moorestown?
68.7% of adults in Moorestown 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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