Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 39.4 yrs |
|---|---|
| Avg HH Size | 2.48 |
| Below Poverty | 5.3% ▼ 47% below avg |
| College Grads | 64.6% ▲ 67% above avg |
| Unemployment | 6.0% ▲ 23% above avg |
| No HS Diploma | 369 (1.9%) |
| HS Graduate | 3,631 (19.1%) |
| Some College | 1,039 (5.5%) |
| Associates | 1,675 (8.8%) |
| Bachelors | 730 (3.8%) |
| Graduate Degree | 11,527 (60.8%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $118,036 ▲ 55% above avg |
|---|---|
| Median Home Value | $395,400 ▲ 42% above avg |
| Home/Income Ratio | 3.3x (nat avg ~3.5x) |
| Median Rent | $1,953/mo |
| Total Housing Units | 12,217 |
| Vacant Units | 664 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Lawrence Township is a city in New Jersey, located in Mercer County. The city spans 1 ZIP code and is home to approximately 31,142 residents. It is a middle-aged city, with a median age of 39.4 years.
Economically, Lawrence Township is a upper-middle-income community. The median household income of $118,036 is significantly above the national average. Approximately 5.3% of residents live below the poverty line. The unemployment rate is 6.0%, above the national average.
The real estate market in Lawrence Township is a mid-range housing market. Median home values stand at $395,400, which is above the national average. Renters typically pay around $1,953 per month. Homeownership is high at 68.5%, typical of suburban and family-oriented communities.
The population of Lawrence Township is highly educated. 64.6% of adults hold a bachelor's degree or higher — significantly above the national average. The community is majority White (55.76%).
Lawrence Township, NJ offers residents above-average earning potential within New Jersey.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 08648 | 31,142 | $118,036 | $395,400 | $1,953 | 6.0% | 64.6% | 68.5% |