Living in Panther Valley, New Jersey
Cost of living, income, home prices, rent and demographics of Panther Valley · Census data 2020–2024
Panther Valley has 4,553 residents with a median age of 49.8. The median household income is $131,169 (27% higher than the New Jersey median), the median home value is $369,900, the median rent is $2,008/month.
Panther Valley at a glance
- Population
- 4,553
- Median age
- 49.8State: 40.1
- Median household income
- $131,169State: $103,556
- Median home value
- $369,900State: $454,400
- Median rent
- $2,008/moState: $1,720
- Homeowners
- 83.1%
- Bachelor's degree or higher
- 53.7%
- Average commute
- 41 min
Is Panther Valley a good place to live?
Pros: Median household income 27% higher than the New Jersey median; home values 19% lower than the state median; a poverty rate of 5.2%.
Cons: An average commute of 41 minutes; unemployment of 9.7%.
The weather is best in May–June and August–September.
Cost of living in Panther Valley
Housing is the biggest part of the cost of living. In Panther Valley the median home value is $369,900, 11% higher than the U.S. median. Renters pay a median of $2,008 per month, which is 33.1% of household income. Homeowners with a mortgage pay $2,566 a month in housing costs.
Panther Valley median household income
The median household income in Panther Valley is $131,169 and the income per person is $67,517. 5.2% of residents live below the poverty line (New Jersey: 9.7%).
Housing in Panther Valley: homes for sale and rent
- Housing units
- 2,155
- Owner-occupied
- 83.1%
- Renter-occupied
- 16.9%
- Vacant
- 2.5%Includes seasonal homes
- Median year built
- 1984
- Average household size
- 2.15
Panther Valley demographics
- Population
- 4,553
- Median age
- 49.8
- Under 18
- 17.9%
- 65 and older
- 28.7%
- Households
- 2,101
- Foreign-born
- 5.9%
- Veterans
- 4.6%Adults 18+
Hispanic or Latino can be of any race. Population history of Panther Valley ›
Education in Panther Valley
53.7% of adults 25 and older in Panther Valley have a bachelor's degree or higher (New Jersey: 43.6%), and 19.9% have a graduate or professional degree.
Jobs and commute in Panther Valley
- Unemployment rate
- 9.7%State: 6.3%
- Average commute
- 41 minState: 31 min
- Work from home
- 18.7%
- Drive alone
- 70.9%
- Public transit
- 1.6%
- Walk to work
- 0%
- Homes with broadband
- 99.3%
Panther Valley vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Panther Valley | 4,553 | $131,169 | $369,900 | $2,008 |
| Allamuchy | 5,427 | $131,626 | $378,400 | $1,929 |
| Independence | 5,536 | $92,243 | $390,100 | $1,603 |
| Vienna | 999 | $170,913 | $482,600 | — |
| Hackettstown | 10,140 | $93,083 | $361,600 | $1,469 |
| Johnsonburg | 406 | $103,056 | $482,000 | — |
| Frelinghuysen | 2,137 | $122,727 | $455,500 | $1,683 |
| Green | 3,657 | $141,875 | $472,200 | $1,648 |
| Liberty | 2,680 | $120,494 | $363,600 | $1,695 |
More for people moving to Panther Valley
Panther Valley ZIP code ›Weather and climate ›Living in Panther Valley: FAQ
What is the median household income in Panther Valley, NJ?
The median household income in Panther Valley is $131,169, 27% 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 Panther Valley?
The median home value in Panther Valley is $369,900, compared with $454,400 in New Jersey.
How much is rent in Panther Valley?
The median gross rent in Panther Valley is $2,008 per month, about 33.1% of household income.
Is Panther Valley, NJ a good place to live?
Pluses: median household income 27% higher than the New Jersey median; home values 19% lower than the state median; a poverty rate of 5.2%. Minuses: an average commute of 41 minutes; unemployment of 9.7%.
What is the median age in Panther Valley?
The median age in Panther Valley is 49.8 years (New Jersey: 40.1).
How long is the commute in Panther Valley?
The average commute to work in Panther Valley is 41 minutes; 18.7% of workers work from home.
What is the unemployment rate in Panther Valley?
The unemployment rate in Panther Valley is 9.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Panther Valley?
53.7% of adults in Panther Valley 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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