Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 63.8 yrs |
|---|---|
| Avg HH Size | 1.93 |
| Below Poverty | 4.2% ▼ 58% below avg |
| College Grads | 75.3% ▲ 94% above avg |
| Unemployment | 2.1% ▼ 56% below avg |
| No HS Diploma | 1 (0.1%) |
| HS Graduate | 169 (12.6%) |
| Some College | 102 (7.6%) |
| Associates | 59 (4.4%) |
| Bachelors | 96 (7.2%) |
| Graduate Degree | 911 (68.1%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $142,500 ▲ 87% above avg |
|---|---|
| Median Home Value | $1,566,700 ▲ 462% above avg |
| Home/Income Ratio | 11.0x (nat avg ~3.5x) |
| Median Rent | $1,615/mo |
| Total Housing Units | 5,668 |
| Vacant Units | 4,824 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Avalon is a city in New Jersey, located in Cape May County. The city spans 1 ZIP code and is home to approximately 1,636 residents. It is an older city, with a median age of 63.8 years.
Economically, Avalon is a upper-middle-income community. The median household income of $142,500 is significantly above the national average. Approximately 4.2% of residents live below the poverty line. The unemployment rate is 2.1%, well below the national average.
The real estate market in Avalon is among the most expensive housing markets in the country. Median home values stand at $1,566,700, which is more than double the national average. Renters typically pay around $1,615 per month. Homeownership is high at 95.0%, typical of suburban and family-oriented communities.
The population of Avalon is highly educated. 75.3% of adults hold a bachelor's degree or higher — significantly above the national average. The community is primarily White (93.77%).
Avalon, NJ offers residents above-average earning potential within New Jersey.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 08202 | 1,636 | $142,500 | $1,566,700 | $1,615 | 2.1% | 75.3% | 95.0% |