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
Compare with nearby places
Places of similar size in New Jersey.
- Atlantic Highlands borough 4,409
- Egg Harbor City city 4,378
- Oak Valley CDP 4,374
- Wanamassa CDP 4,344
- Leisure Village East CDP 4,309
- Holiday City South CDP 4,294
- Westville borough 4,285
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