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New Jersey · Census place 06610

Boonton town, NJ

Quick answer

Boonton town has 8,803 residents, ranking #185 of 700 places in New Jersey. Median household income is $100,417, the median home is worth $475,300 and median gross rent runs $1,761 a month.

Population
8,803Boonton town residents
Median household income
$100,417Past 12 months, inflation adjusted
Median home value
$475,300Owner-occupied units
Median gross rent
$1,761Rent plus utilities, monthly
Median age
40.2 yrsAll residents
Homeownership rate
56.8%Owner-occupied households

What the numbers mean in Boonton town

Housing cost measured against local earnings.

A household earning the Boonton town median would spend about 21% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 4.7× the median household income; nationally that ratio sits near 4.5×. Poverty affects 7.5% of residents and 56.8% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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