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ZipNumbers

New Jersey · Census place 24420

Fort Lee borough, NJ

Quick answer

Fort Lee borough has 39,818 residents, ranking #25 of 700 places in New Jersey. Median household income is $105,535, the median home is worth $422,200 and median gross rent runs $2,255 a month.

Population
39,818Fort Lee borough residents
Median household income
$105,535Past 12 months, inflation adjusted
Median home value
$422,200Owner-occupied units
Median gross rent
$2,255Rent plus utilities, monthly
Median age
47.2 yrsAll residents
Homeownership rate
57.5%Owner-occupied households

What the numbers mean in Fort Lee borough

Housing cost measured against local earnings.

A household earning the Fort Lee borough median would spend about 25.6% 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 4.0× the median household income; nationally that ratio sits near 4.5×. Poverty affects 8.4% of residents and 57.5% 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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