Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 51.4 yrs |
|---|---|
| Avg HH Size | 2.15 |
| Below Poverty | 8.8% ▼ 12% below avg |
| College Grads | 35.5% ▼ 8% below avg |
| Unemployment | 10.3% ▲ 111% above avg |
| No HS Diploma | 19 (0.6%) |
| HS Graduate | 1,066 (34.5%) |
| Some College | 582 (18.8%) |
| Associates | 328 (10.6%) |
| Bachelors | 127 (4.1%) |
| Graduate Degree | 970 (31.4%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $97,831 ▲ 28% above avg |
|---|---|
| Median Home Value | $306,200 ▲ 10% above avg |
| Home/Income Ratio | 3.1x (nat avg ~3.5x) |
| Median Rent | $1,486/mo |
| Total Housing Units | 2,083 |
| Vacant Units | 231 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Rio Grande is a city in New Jersey, located in Cape May County. The city spans 1 ZIP code and is home to approximately 4,021 residents. It is a mature city, with a median age of 51.4 years.
Economically, Rio Grande is a middle-income community. The median household income of $97,831 is above the national average. Approximately 8.8% of residents live below the poverty line. The unemployment rate is 10.3%, more than double the national average.
The real estate market in Rio Grande is a mid-range housing market. Median home values stand at $306,200, which is near the national average. Renters typically pay around $1,486 per month. Homeownership is high at 78.9%, typical of suburban and family-oriented communities.
The population of Rio Grande is moderately educated. 35.5% of adults hold a bachelor's degree or higher — near the national average. The community is majority White (69.21%).
Rio Grande, NJ offers residents above-average earning potential within New Jersey.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 08242 | 4,021 | $97,831 | $306,200 | $1,486 | 10.3% | 35.5% | 78.9% |