Living in Oaklyn, New Jersey
Cost of living, income, home prices, rent and demographics of Oaklyn · Census data 2020–2024
Oaklyn has 3,947 residents with a median age of 38.1. The median household income is $84,394 (19% lower than the New Jersey median), the median home value is $279,000, the median rent is $1,246/month.
Oaklyn at a glance
- Population
- 3,947
- Median age
- 38.1State: 40.1
- Median household income
- $84,394State: $103,556
- Median home value
- $279,000State: $454,400
- Median rent
- $1,246/moState: $1,720
- Homeowners
- 65.1%
- Bachelor's degree or higher
- 42.2%
- Average commute
- 25 min
Is Oaklyn a good place to live?
Pros: Home values 39% lower than the state median; an average commute of 25 minutes; unemployment of 4.1%; a poverty rate of 8.9%.
Cons: Median household income 19% lower than the New Jersey median.
The weather is best in May–June and August–September.
Cost of living in Oaklyn
Housing is the biggest part of the cost of living. In Oaklyn the median home value is $279,000, 16% lower than the U.S. median. Renters pay a median of $1,246 per month, which is 28.5% of household income. Homeowners with a mortgage pay $2,214 a month in housing costs.
Oaklyn median household income
The median household income in Oaklyn is $84,394 and the income per person is $46,651. 8.9% of residents live below the poverty line (New Jersey: 9.7%).
Housing in Oaklyn: homes for sale and rent
- Housing units
- 1,814
- Owner-occupied
- 65.1%
- Renter-occupied
- 34.9%
- Vacant
- 5%Includes seasonal homes
- Median year built
- 1943
- Average household size
- 2.29
Oaklyn demographics
- Population
- 3,947
- Median age
- 38.1
- Under 18
- 20.1%
- 65 and older
- 14.5%
- Households
- 1,723
- Foreign-born
- 3.2%
- Veterans
- 4.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Oaklyn ›
Education in Oaklyn
42.2% of adults 25 and older in Oaklyn have a bachelor's degree or higher (New Jersey: 43.6%), and 15.3% have a graduate or professional degree.
Jobs and commute in Oaklyn
- Unemployment rate
- 4.1%State: 6.3%
- Average commute
- 25 minState: 31 min
- Work from home
- 20.3%
- Drive alone
- 69.5%
- Public transit
- 6.3%
- Walk to work
- 0.2%
- Homes with broadband
- 94.5%
Oaklyn vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Oaklyn | 3,947 | $84,394 | $279,000 | $1,246 |
| Audubon Park | 1,001 | $56,619 | $112,500 | $979 |
| Collingswood | 14,205 | $90,184 | $380,400 | $1,488 |
| Audubon | 8,730 | $115,789 | $307,400 | $1,290 |
| Haddon | 15,469 | $115,298 | $406,900 | $1,745 |
| Woodlynne | 2,920 | $74,808 | $142,000 | $1,587 |
| Westmont | 14,195 | $115,317 | $422,200 | $1,754 |
| Mount Ephraim | 4,669 | $79,804 | $236,700 | $1,373 |
| Haddon Heights | 7,516 | $133,125 | $387,300 | $1,166 |
More for people moving to Oaklyn
Oaklyn ZIP code ›Weather and climate ›Living in Oaklyn: FAQ
What is the median household income in Oaklyn, NJ?
The median household income in Oaklyn is $84,394, 19% 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 Oaklyn?
The median home value in Oaklyn is $279,000, compared with $454,400 in New Jersey.
How much is rent in Oaklyn?
The median gross rent in Oaklyn is $1,246 per month, about 28.5% of household income.
Is Oaklyn, NJ a good place to live?
Pluses: home values 39% lower than the state median; an average commute of 25 minutes; unemployment of 4.1%; a poverty rate of 8.9%. Minuses: median household income 19% lower than the New Jersey median.
What is the median age in Oaklyn?
The median age in Oaklyn is 38.1 years (New Jersey: 40.1).
How long is the commute in Oaklyn?
The average commute to work in Oaklyn is 25 minutes; 20.3% of workers work from home.
What is the unemployment rate in Oaklyn?
The unemployment rate in Oaklyn is 4.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Oaklyn?
42.2% of adults in Oaklyn 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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