Living in Randolph, New Jersey

Cost of living, income, home prices, rent and demographics of Randolph · Census data 2020–2024

Randolph has 26,604 residents with a median age of 39.1. The median household income is $175,000 (69% higher than the New Jersey median), the median home value is $670,700, the median rent is $1,808/month.

Randolph at a glance

Population
26,604
Median age
39.1State: 40.1
Median household income
$175,000State: $103,556
Median home value
$670,700State: $454,400
Median rent
$1,808/moState: $1,720
Homeowners
77.8%
Bachelor's degree or higher
68.1%
Average commute
30 min

Is Randolph a good place to live?

Pros: Median household income 69% higher than the New Jersey median; an average commute of 30 minutes; unemployment of 4.5%; a poverty rate of 5.4%.

Cons: Home values 48% higher than the state median.

The weather is best in June to September.

Cost of living in Randolph

Housing is the biggest part of the cost of living. In Randolph the median home value is $670,700, 102% higher than the U.S. median. Renters pay a median of $1,808 per month, which is 33.5% of household income. Homeowners with a mortgage pay $3,711 a month in housing costs.

Median home value

Randolph$670,700
New Jersey$454,400
United States$332,700

Median monthly rent

Randolph$1,808
New Jersey$1,720
United States$1,413

Randolph median household income

The median household income in Randolph is $175,000 and the income per person is $75,883. 5.4% of residents live below the poverty line (New Jersey: 9.7%).

Median household income

Randolph$175,000
New Jersey$103,556
United States$80,734

Housing in Randolph: homes for sale and rent

Housing units
9,349
Owner-occupied
77.8%
Renter-occupied
22.2%
Vacant
2.6%Includes seasonal homes
Median year built
1977
Average household size
2.91

Randolph demographics

Population
26,604
Median age
39.1
Under 18
26.5%
65 and older
13.4%
Households
9,110
Foreign-born
19.8%
Veterans
2.4%Adults 18+

Race and ethnicity

White67.4%
Hispanic or Latino18%
Black3%
Asian9%

Hispanic or Latino can be of any race. Population history of Randolph ›

Education in Randolph

68.1% of adults 25 and older in Randolph have a bachelor's degree or higher (New Jersey: 43.6%), and 29.8% have a graduate or professional degree.

Bachelor's degree or higher

Randolph68.1%
New Jersey43.6%
United States35.7%

Jobs and commute in Randolph

Unemployment rate
4.5%State: 6.3%
Average commute
30 minState: 31 min
Work from home
26.1%
Drive alone
66.8%
Public transit
1.8%
Walk to work
0.3%
Homes with broadband
94.8%

Randolph vs nearby towns

TownPopulationMedian incomeHome valueRent
Randolph26,604$175,000$670,700$1,808
Mine Hill4,048$119,583$434,100$1,771
Victory Gardens1,759$62,550$250,600$1,518
Dover18,563$73,737$366,700$1,825
Brookside1,465$250,001$885,100$3,501
Kenvil1,722$85,288$365,600$2,220
Wharton7,318$85,767$380,700$1,720
Succasunna9,799$161,712$529,100$2,516
Rockaway6,613$107,053$448,100$1,587

More for people moving to Randolph

Randolph ZIP code ›Weather and climate ›

Living in Randolph: FAQ

What is the median household income in Randolph, NJ?

The median household income in Randolph is $175,000, 69% 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 Randolph?

The median home value in Randolph is $670,700, compared with $454,400 in New Jersey.

How much is rent in Randolph?

The median gross rent in Randolph is $1,808 per month, about 33.5% of household income.

Is Randolph, NJ a good place to live?

Pluses: median household income 69% higher than the New Jersey median; an average commute of 30 minutes; unemployment of 4.5%; a poverty rate of 5.4%. Minuses: home values 48% higher than the state median.

What is the median age in Randolph?

The median age in Randolph is 39.1 years (New Jersey: 40.1).

How long is the commute in Randolph?

The average commute to work in Randolph is 30 minutes; 26.1% of workers work from home.

What is the unemployment rate in Randolph?

The unemployment rate in Randolph is 4.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Randolph?

68.1% of adults in Randolph 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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