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ZipNumbers

New Jersey · Census place 42630

Magnolia borough, NJ

Quick answer

Magnolia borough has 4,360 residents, ranking #325 of 700 places in New Jersey. Median household income is $89,489, the median home is worth $221,100 and median gross rent runs $1,204 a month.

Population
4,360Magnolia borough residents
Median household income
$89,489Past 12 months, inflation adjusted
Median home value
$221,100Owner-occupied units
Median gross rent
$1,204Rent plus utilities, monthly
Median age
35.5 yrsAll residents
Homeownership rate
70.5%Owner-occupied households

What the numbers mean in Magnolia borough

Housing cost measured against local earnings.

A household earning the Magnolia borough median would spend about 16.1% 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 2.5× the median household income; nationally that ratio sits near 4.5×. Poverty affects 5.3% of residents and 70.5% 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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