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Fort Lee, 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
40,067
Population
$107,274
Median Income
$448,000
Home Value
46.6
Median Age

Demographics

Fort Lee has a population of 40,067 with a median age of 46.6. Here is the racial and ethnic breakdown of the population:

Asian
43.6%
White
38.8%
Hispanic
13.5%
Black
2.6%
Other
1.5%
Demographic Value
Total Population40,067
Median Age46.6
White38.8%
Black or African American2.6%
Asian43.6%
Hispanic or Latino13.5%
Other / Two or More Races1.5%
Fort Lee, New Jersey — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.Asian: 43.6%White: 38.8%Hispanic/Latino: 13.5%Black: 2.6%Other: 1.5%40,067PopulationAsianAsian43.6%WhiteWhite38.8%Hispanic/LatinoHispanic/Latino13.5%BlackBlack2.6%OtherOther1.5%

Income & Economy

The median household income in Fort Lee is $107,274, which is 33.1% above the national median of $80,610. The per capita income is $69,104. The poverty rate is 7.8%.

$107,274
Median Household Income
$69,104
Per Capita Income
7.8%
Poverty Rate

Employment

The unemployment rate in Fort Lee is 3.2%, compared to the national rate of 4.1%.

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Education

In Fort Lee, 94.4% of residents age 25+ have a high school diploma or higher, and 65.8% hold a bachelor's degree or higher (29.3% with a graduate or professional degree).

HS Diploma+
94.4%
Bachelor's+
65.8%
Graduate+
29.3%
Education Level % of Adults (25+)
High School Diploma or Higher94.4%
Bachelor's Degree or Higher65.8%
Graduate or Professional Degree29.3%

Housing

The median home value in Fort Lee is $448,000, above the national median of $303,400. The median monthly rent is $2,270. The homeownership rate is 55.4%.

$448,000
Median Home Value
$2,270/mo
Median Rent
55.4%
Homeownership Rate
Housing Metric Value
Median Home Value$448,000
Median Monthly Rent$2,270
Homeownership Rate55.4%
Vacancy Rate7.1%

Salaries in New Jersey

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Frequently Asked Questions

What is the population of Fort Lee, New Jersey?
The population of Fort Lee, New Jersey is 40,067 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Fort Lee, New Jersey?
The median household income in Fort Lee, New Jersey is $107,274. This is 33.1% above the national median of $80,610.
What is the median home value in Fort Lee, New Jersey?
The median home value in Fort Lee, New Jersey is $448,000. The median monthly rent is $2,270.
What percentage of people in Fort Lee have a college degree?
In Fort Lee, New Jersey, 65.8% of adults age 25 and older hold a bachelor's degree or higher, and 94.4% have a high school diploma or higher.
Is Fort Lee, New Jersey an affordable place to live?
The home price-to-income ratio in Fort Lee, New Jersey is 4.2x (median home value $448,000 vs. median income $107,274), making it moderately affordable by that measure. A ratio under 4.0 is generally considered affordable.

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