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Newfoundland, 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
1,361
Population
$138,385
Median Income
$434,600
Home Value
54.0
Median Age

Demographics

Newfoundland has a population of 1,361 with a median age of 54.0. Here is the racial and ethnic breakdown of the population:

White
95.3%
Hispanic
2.4%
Other
1.8%
Demographic Value
Total Population1,361
Median Age54.0
White95.3%
Black or African American0.5%
Hispanic or Latino2.4%
Other / Two or More Races1.8%
Newfoundland, New Jersey — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 100.White: 95.3%Hispanic/Latino: 2.4%Other: 2.3%1,361PopulationWhiteWhite95.3%Hispanic/LatinoHispanic/Latino2.4%OtherOther2.3%

Income & Economy

The median household income in Newfoundland is $138,385, which is 71.7% above the national median of $80,610. The per capita income is $60,039. The poverty rate is 0.5%.

$138,385
Median Household Income
$60,039
Per Capita Income
0.5%
Poverty Rate

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Education

In Newfoundland, 99.0% of residents age 25+ have a high school diploma or higher, and 31.7% hold a bachelor's degree or higher (8.8% with a graduate or professional degree).

HS Diploma+
99.0%
Bachelor's+
31.7%
Graduate+
8.8%
Education Level % of Adults (25+)
High School Diploma or Higher99.0%
Bachelor's Degree or Higher31.7%
Graduate or Professional Degree8.8%

Housing

The median home value in Newfoundland is $434,600, above the national median of $303,400. The median monthly rent is $1,495. The homeownership rate is 84.0%.

$434,600
Median Home Value
$1,495/mo
Median Rent
84.0%
Homeownership Rate
Housing Metric Value
Median Home Value$434,600
Median Monthly Rent$1,495
Homeownership Rate84.0%
Vacancy Rate3.6%

Salaries in New Jersey

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Frequently Asked Questions

What is the population of Newfoundland, New Jersey?
The population of Newfoundland, New Jersey is 1,361 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Newfoundland, New Jersey?
The median household income in Newfoundland, New Jersey is $138,385. This is 71.7% above the national median of $80,610.
What is the median home value in Newfoundland, New Jersey?
The median home value in Newfoundland, New Jersey is $434,600. The median monthly rent is $1,495.
What percentage of people in Newfoundland have a college degree?
In Newfoundland, New Jersey, 31.7% of adults age 25 and older hold a bachelor's degree or higher, and 99.0% have a high school diploma or higher.
Is Newfoundland, New Jersey an affordable place to live?
The home price-to-income ratio in Newfoundland, New Jersey is 3.1x (median home value $434,600 vs. median income $138,385), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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