Living in Waretown, New Jersey
Cost of living, income, home prices, rent and demographics of Waretown · Census data 2020–2024
Waretown has 2,076 residents with a median age of 41.1. The median household income is $121,538 (17% higher than the New Jersey median), the median home value is $505,800.
Waretown at a glance
- Population
- 2,076
- Median age
- 41.1State: 40.1
- Median household income
- $121,538State: $103,556
- Median home value
- $505,800State: $454,400
- Homeowners
- 82.8%
- Bachelor's degree or higher
- 35.9%
- Average commute
- 44 min
Is Waretown a good place to live?
Pros: Median household income 17% higher than the New Jersey median; unemployment of 5.4%; a poverty rate of 3.1%.
Cons: Home values 11% higher than the state median; an average commute of 44 minutes.
The weather is best in May–June and August–September.
Cost of living in Waretown
Housing is the biggest part of the cost of living. In Waretown the median home value is $505,800, 52% higher than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $2,656 a month in housing costs.
Waretown median household income
The median household income in Waretown is $121,538 and the income per person is $46,638. 3.1% of residents live below the poverty line (New Jersey: 9.7%).
Housing in Waretown: homes for sale and rent
- Housing units
- 845
- Owner-occupied
- 82.8%
- Renter-occupied
- 17.2%
- Vacant
- 10.3%Includes seasonal homes
- Median year built
- 1964
- Average household size
- 2.74
Waretown demographics
- Population
- 2,076
- Median age
- 41.1
- Under 18
- 35.2%
- 65 and older
- 21.5%
- Households
- 758
- Foreign-born
- 1.6%
- Veterans
- 7.1%Adults 18+
Hispanic or Latino can be of any race. Population history of Waretown ›
Education in Waretown
35.9% of adults 25 and older in Waretown have a bachelor's degree or higher (New Jersey: 43.6%), and 5.7% have a graduate or professional degree.
Jobs and commute in Waretown
- Unemployment rate
- 5.4%State: 6.3%
- Average commute
- 44 minState: 31 min
- Work from home
- 1.2%
- Drive alone
- 88.3%
- Public transit
- 2%
- Walk to work
- 3.6%
- Homes with broadband
- 95.1%
Waretown vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Waretown | 2,076 | $121,538 | $505,800 | — |
| Ocean | 9,014 | $100,524 | $475,200 | $1,217 |
| Forked River | 5,196 | $91,493 | $437,000 | $2,170 |
| Barnegat | 25,165 | $91,540 | $399,000 | $1,752 |
| Barnegat Light | 500 | $125,417 | $1,107,800 | — |
| Ocean Acres | 19,204 | $121,924 | $402,500 | $2,241 |
| Lacey | 29,508 | $102,624 | $409,400 | $1,971 |
| Harvey Cedars | 487 | $146,250 | $1,224,400 | — |
| Stafford | 29,834 | $117,612 | $426,200 | $1,800 |
More for people moving to Waretown
Waretown ZIP code ›Weather and climate ›Living in Waretown: FAQ
What is the median household income in Waretown, NJ?
The median household income in Waretown is $121,538, 17% 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 Waretown?
The median home value in Waretown is $505,800, compared with $454,400 in New Jersey.
Is Waretown, NJ a good place to live?
Pluses: median household income 17% higher than the New Jersey median; unemployment of 5.4%; a poverty rate of 3.1%. Minuses: home values 11% higher than the state median; an average commute of 44 minutes.
What is the median age in Waretown?
The median age in Waretown is 41.1 years (New Jersey: 40.1).
How long is the commute in Waretown?
The average commute to work in Waretown is 44 minutes; 1.2% of workers work from home.
What is the unemployment rate in Waretown?
The unemployment rate in Waretown is 5.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Waretown?
35.9% of adults in Waretown 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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