New Jersey · Census place 17530
Demarest borough, NJ
Quick answer
Demarest borough has 4,916 residents, ranking #298 of 700 places in New Jersey. Median household income is $175,078, the median home is worth $965,400 and median gross rent runs $3,501 a month.
- Population
- 4,916Demarest borough residents
- Median household income
- $175,078Past 12 months, inflation adjusted
- Median home value
- $965,400Owner-occupied units
- Median gross rent
- $3,501Rent plus utilities, monthly
- Median age
- 45.9 yrsAll residents
- Homeownership rate
- 89.7%Owner-occupied households
What the numbers mean in Demarest borough
Housing cost measured against local earnings.
A household earning the Demarest borough median would spend about 24% 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 5.5× the median household income; nationally that ratio sits near 4.5×. Poverty affects 0.8% of residents and 89.7% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in New Jersey.
- Ampere North CDP 4,968
- Brielle borough 4,960
- Franklin borough 4,938
- Golden Triangle CDP 4,893
- Flemington borough 4,887
- Harrington Park borough 4,883
- Spring Lake Heights borough 4,866
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