Living in Strathmore, New Jersey
Cost of living, income, home prices, rent and demographics of Strathmore · Census data 2020–2024
Strathmore has 6,708 residents with a median age of 43.4. The median household income is $151,855 (47% higher than the New Jersey median), the median home value is $539,500, the median rent is $1,592/month.
Strathmore at a glance
- Population
- 6,708
- Median age
- 43.4State: 40.1
- Median household income
- $151,855State: $103,556
- Median home value
- $539,500State: $454,400
- Median rent
- $1,592/moState: $1,720
- Homeowners
- 87.4%
- Bachelor's degree or higher
- 64.7%
- Average commute
- 35 min
Is Strathmore a good place to live?
Pros: Median household income 47% higher than the New Jersey median; unemployment of 4.9%; a poverty rate of 1.9%.
Cons: Home values 19% higher than the state median; an average commute of 35 minutes.
The weather is best in May–June and August–September.
Cost of living in Strathmore
Housing is the biggest part of the cost of living. In Strathmore the median home value is $539,500, 62% higher than the U.S. median. Renters pay a median of $1,592 per month, which is 36.1% of household income. Homeowners with a mortgage pay $3,124 a month in housing costs.
Strathmore median household income
The median household income in Strathmore is $151,855 and the income per person is $64,221. 1.9% of residents live below the poverty line (New Jersey: 9.7%).
Housing in Strathmore: homes for sale and rent
- Housing units
- 2,611
- Owner-occupied
- 87.4%
- Renter-occupied
- 12.6%
- Vacant
- 1.3%Includes seasonal homes
- Median year built
- 1967
- Average household size
- 2.59
Strathmore demographics
- Population
- 6,708
- Median age
- 43.4
- Under 18
- 23%
- 65 and older
- 19.1%
- Households
- 2,578
- Foreign-born
- 14.4%
- Veterans
- 4.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Strathmore ›
Education in Strathmore
64.7% of adults 25 and older in Strathmore have a bachelor's degree or higher (New Jersey: 43.6%), and 26.4% have a graduate or professional degree.
Jobs and commute in Strathmore
- Unemployment rate
- 4.9%State: 6.3%
- Average commute
- 35 minState: 31 min
- Work from home
- 17.1%
- Drive alone
- 65.9%
- Public transit
- 10.3%
- Walk to work
- 0.5%
- Homes with broadband
- 98%
Strathmore vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Strathmore | 6,708 | $151,855 | $539,500 | $1,592 |
| Matawan | 9,710 | $123,354 | $467,800 | $1,824 |
| Morganville | 5,902 | $161,500 | $681,800 | $2,692 |
| Aberdeen | 19,332 | $121,795 | $448,200 | $1,943 |
| Keyport | 7,171 | $82,321 | $417,100 | $1,458 |
| Cliffwood Beach | 3,056 | $116,500 | $365,600 | — |
| Holmdel | 17,436 | $165,013 | $843,000 | $2,891 |
| Hazlet | 20,470 | $122,020 | $465,900 | $1,400 |
| Laurence Harbor | 6,191 | $84,291 | $306,700 | $1,903 |
More for people moving to Strathmore
Strathmore ZIP code ›Weather and climate ›Living in Strathmore: FAQ
What is the median household income in Strathmore, NJ?
The median household income in Strathmore is $151,855, 47% 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 Strathmore?
The median home value in Strathmore is $539,500, compared with $454,400 in New Jersey.
How much is rent in Strathmore?
The median gross rent in Strathmore is $1,592 per month, about 36.1% of household income.
Is Strathmore, NJ a good place to live?
Pluses: median household income 47% higher than the New Jersey median; unemployment of 4.9%; a poverty rate of 1.9%. Minuses: home values 19% higher than the state median; an average commute of 35 minutes.
What is the median age in Strathmore?
The median age in Strathmore is 43.4 years (New Jersey: 40.1).
How long is the commute in Strathmore?
The average commute to work in Strathmore is 35 minutes; 17.1% of workers work from home.
What is the unemployment rate in Strathmore?
The unemployment rate in Strathmore is 4.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Strathmore?
64.7% of adults in Strathmore 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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