Living in New Egypt, New Jersey
Cost of living, income, home prices, rent and demographics of New Egypt · Census data 2020–2024
New Egypt has 2,050 residents with a median age of 42.3. The median household income is $74,063 (28% lower than the New Jersey median), the median home value is $355,700, the median rent is $1,716/month.
New Egypt at a glance
- Population
- 2,050
- Median age
- 42.3State: 40.1
- Median household income
- $74,063State: $103,556
- Median home value
- $355,700State: $454,400
- Median rent
- $1,716/moState: $1,720
- Homeowners
- 58.3%
- Bachelor's degree or higher
- 29.6%
- Average commute
- 33 min
Is New Egypt a good place to live?
Pros: Home values 22% lower than the state median; a poverty rate of 8.4%.
Cons: Median household income 28% lower than the New Jersey median; an average commute of 33 minutes; unemployment of 12.3%.
The weather is best in May–June and August–September.
Cost of living in New Egypt
Housing is the biggest part of the cost of living. In New Egypt the median home value is $355,700, 7% higher than the U.S. median. Renters pay a median of $1,716 per month, which is 51% of household income. Homeowners with a mortgage pay $1,852 a month in housing costs.
New Egypt median household income
The median household income in New Egypt is $74,063 and the income per person is $37,248. 8.4% of residents live below the poverty line (New Jersey: 9.7%).
Housing in New Egypt: homes for sale and rent
- Housing units
- 917
- Owner-occupied
- 58.3%
- Renter-occupied
- 41.7%
- Vacant
- 5.3%Includes seasonal homes
- Median year built
- 1971
- Average household size
- 2.36
New Egypt demographics
- Population
- 2,050
- Median age
- 42.3
- Under 18
- 18.8%
- 65 and older
- 22.4%
- Households
- 868
- Foreign-born
- 4.4%
- Veterans
- 9.4%Adults 18+
Hispanic or Latino can be of any race. Population history of New Egypt ›
Education in New Egypt
29.6% of adults 25 and older in New Egypt have a bachelor's degree or higher (New Jersey: 43.6%), and 11.3% have a graduate or professional degree.
Jobs and commute in New Egypt
- Unemployment rate
- 12.3%State: 6.3%
- Average commute
- 33 minState: 31 min
- Work from home
- 3.2%
- Drive alone
- 91.4%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 91.4%
New Egypt vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| New Egypt | 2,050 | $74,063 | $355,700 | $1,716 |
| Cookstown | 646 | $107,083 | $380,500 | — |
| Plumsted | 8,659 | $103,625 | $451,000 | $1,707 |
| North Hanover | 8,011 | $86,683 | $319,700 | $2,294 |
| McGuire AFB | 4,400 | $74,071 | — | $2,541 |
| New Hanover | 7,231 | $107,292 | $360,200 | $2,985 |
| Cream Ridge | 727 | $212,768 | $864,500 | — |
| Fort Dix | 7,984 | $92,303 | — | $2,466 |
| Upper Freehold | 7,250 | $183,750 | $710,400 | $1,314 |
More for people moving to New Egypt
New Egypt ZIP code ›Weather and climate ›Living in New Egypt: FAQ
What is the median household income in New Egypt, NJ?
The median household income in New Egypt is $74,063, 28% 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 New Egypt?
The median home value in New Egypt is $355,700, compared with $454,400 in New Jersey.
How much is rent in New Egypt?
The median gross rent in New Egypt is $1,716 per month, about 51% of household income.
Is New Egypt, NJ a good place to live?
Pluses: home values 22% lower than the state median; a poverty rate of 8.4%. Minuses: median household income 28% lower than the New Jersey median; an average commute of 33 minutes; unemployment of 12.3%.
What is the median age in New Egypt?
The median age in New Egypt is 42.3 years (New Jersey: 40.1).
How long is the commute in New Egypt?
The average commute to work in New Egypt is 33 minutes; 3.2% of workers work from home.
What is the unemployment rate in New Egypt?
The unemployment rate in New Egypt is 12.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is New Egypt?
29.6% of adults in New Egypt 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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