New Jersey · Census place 52050
New Village CDP, NJ
Quick answer
New Village CDP has 366 residents, ranking #633 of 700 places in New Jersey. Median household income is $108,661, the median home is worth $325,000 and median gross rent runs $1,654 a month.
- Population
- 366New Village CDP residents
- Median household income
- $108,661Past 12 months, inflation adjusted
- Median home value
- $325,000Owner-occupied units
- Median gross rent
- $1,654Rent plus utilities, monthly
- Median age
- 51.8 yrsAll residents
- Homeownership rate
- 89.5%Owner-occupied households
What the numbers mean in New Village CDP
Housing cost measured against local earnings.
A household earning the New Village CDP median would spend about 18.3% 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 3.0× the median household income; nationally that ratio sits near 4.5×. Poverty affects 23% of residents and 89.5% 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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