Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 37.6 yrs |
|---|---|
| Avg HH Size | 2.08 |
| Below Poverty | 5.9% ▼ 41% below avg |
| College Grads | 40.8% ≈ Avg |
| Unemployment | 5.6% ▲ 14% above avg |
| HS Graduate | 99 (45.4%) |
| Some College | 24 (11%) |
| Associates | 6 (2.8%) |
| Bachelors | 64 (29.4%) |
| Graduate Degree | 25 (11.5%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $90,417 ▲ 18% above avg |
|---|---|
| Median Home Value | $175,900 ▼ 37% below avg |
| Home/Income Ratio | 1.9x (nat avg ~3.5x) |
| Median Rent | $1,714/mo |
| Total Housing Units | 166 |
| Vacant Units | 2 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Hancocks Bridge is a city in New Jersey, located in Salem County. The city spans 1 ZIP code and is home to approximately 341 residents. It is a relatively young city, with a median age of 37.6 years.
Economically, Hancocks Bridge is a middle-income community. The median household income of $90,417 is above the national average. Approximately 5.9% of residents live below the poverty line. The unemployment rate is 5.6%, near the national average.
The real estate market in Hancocks Bridge is an affordable housing market. Median home values stand at $175,900, which is below the national average. Renters typically pay around $1,714 per month. Homeownership is high at 61.6%, typical of suburban and family-oriented communities.
The population of Hancocks Bridge is well-educated. 40.8% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (95.31%).
Hancocks Bridge, NJ offers residents above-average earning potential within New Jersey.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 08038 | 341 | $90,417 | $175,900 | $1,714 | 5.6% | 40.8% | 61.6% |