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Bargaintown, 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
5,377
Population
$131,973
Median Income
$351,700
Home Value
49.0
Median Age

Demographics

Bargaintown has a population of 5,377 with a median age of 49.0. Here is the racial and ethnic breakdown of the population:

White
71.6%
Black
14.2%
Hispanic
6.3%
Asian
6.3%
Other
1.6%
Demographic Value
Total Population5,377
Median Age49.0
White71.6%
Black or African American14.2%
Asian6.3%
Hispanic or Latino6.3%
Other / Two or More Races1.6%
Bargaintown, New Jersey — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 71.6%Black: 14.2%Hispanic/Latino: 6.3%Asian: 6.3%Other: 1.6%5,377PopulationWhiteWhite71.6%BlackBlack14.2%Hispanic/LatinoHispanic/Latino6.3%AsianAsian6.3%OtherOther1.6%

Income & Economy

The median household income in Bargaintown is $131,973, which is 63.7% above the national median of $80,610. The per capita income is $67,231. The poverty rate is 4.9%.

$131,973
Median Household Income
$67,231
Per Capita Income
4.9%
Poverty Rate

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Education

In Bargaintown, 94.8% of residents age 25+ have a high school diploma or higher, and 48.6% hold a bachelor's degree or higher (17.2% with a graduate or professional degree).

HS Diploma+
94.8%
Bachelor's+
48.6%
Graduate+
17.2%
Education Level % of Adults (25+)
High School Diploma or Higher94.8%
Bachelor's Degree or Higher48.6%
Graduate or Professional Degree17.2%

Housing

The median home value in Bargaintown is $351,700, above the national median of $303,400. The median monthly rent is $2,406. The homeownership rate is 95.5%.

$351,700
Median Home Value
$2,406/mo
Median Rent
95.5%
Homeownership Rate
Housing Metric Value
Median Home Value$351,700
Median Monthly Rent$2,406
Homeownership Rate95.5%
Vacancy Rate4.5%

Salaries in New Jersey

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Frequently Asked Questions

What is the population of Bargaintown, New Jersey?
The population of Bargaintown, New Jersey is 5,377 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Bargaintown, New Jersey?
The median household income in Bargaintown, New Jersey is $131,973. This is 63.7% above the national median of $80,610.
What is the median home value in Bargaintown, New Jersey?
The median home value in Bargaintown, New Jersey is $351,700. The median monthly rent is $2,406.
What percentage of people in Bargaintown have a college degree?
In Bargaintown, New Jersey, 48.6% of adults age 25 and older hold a bachelor's degree or higher, and 94.8% have a high school diploma or higher.
Is Bargaintown, New Jersey an affordable place to live?
The home price-to-income ratio in Bargaintown, New Jersey is 2.7x (median home value $351,700 vs. median income $131,973), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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