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Avenel, New Jersey

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
17,121
Population
$101,670
Median Income
$401,000
Home Value
39.6
Median Age

Demographics

Avenel has a population of 17,121 with a median age of 39.6. Here is the racial and ethnic breakdown of the population:

White
31.0%
Black
28.3%
Hispanic
25.3%
Asian
16.2%
Demographic Value
Total Population17,121
Median Age39.6
White31.0%
Black or African American28.3%
Asian16.2%
Hispanic or Latino25.3%
Avenel, New Jersey — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 101.White: 30.8%Black: 28.1%Hispanic/Latino: 25.1%Asian: 16.1%17,121PopulationWhiteWhite30.8%BlackBlack28.1%Hispanic/LatinoHispanic/Latino25.1%AsianAsian16.1%

Income & Economy

The median household income in Avenel is $101,670, which is 26.1% above the national median of $80,610. The per capita income is $42,240. The poverty rate is 7.9%.

$101,670
Median Household Income
$42,240
Per Capita Income
7.9%
Poverty Rate

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Education

In Avenel, 87.0% of residents age 25+ have a high school diploma or higher, and 31.8% hold a bachelor's degree or higher (12.5% with a graduate or professional degree).

HS Diploma+
87.0%
Bachelor's+
31.8%
Graduate+
12.5%
Education Level % of Adults (25+)
High School Diploma or Higher87.0%
Bachelor's Degree or Higher31.8%
Graduate or Professional Degree12.5%

Housing

The median home value in Avenel is $401,000, above the national median of $303,400. The median monthly rent is $1,906. The homeownership rate is 52.3%.

$401,000
Median Home Value
$1,906/mo
Median Rent
52.3%
Homeownership Rate
Housing Metric Value
Median Home Value$401,000
Median Monthly Rent$1,906
Homeownership Rate52.3%
Vacancy Rate2.2%

Salaries in New Jersey

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Frequently Asked Questions

What is the population of Avenel, New Jersey?
The population of Avenel, New Jersey is 17,121 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Avenel, New Jersey?
The median household income in Avenel, New Jersey is $101,670. This is 26.1% above the national median of $80,610.
What is the median home value in Avenel, New Jersey?
The median home value in Avenel, New Jersey is $401,000. The median monthly rent is $1,906.
What percentage of people in Avenel have a college degree?
In Avenel, New Jersey, 31.8% of adults age 25 and older hold a bachelor's degree or higher, and 87.0% have a high school diploma or higher.
Is Avenel, New Jersey an affordable place to live?
The home price-to-income ratio in Avenel, New Jersey is 3.9x (median home value $401,000 vs. median income $101,670), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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