Little Ferry borough, New Jersey Median Income

Little Ferry borough, New Jersey has a population of 11,218, with a median household income of $90,118.

Current median income data for Little Ferry borough.

$90,118

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Population

11,218

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Median Income

$90,118

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Unemployment

3.10%

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Housing Price

$388,114

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Crime Rate

0.40

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Internet Speed

288.70 Mbps

Little Ferry borough is a small local community located in New Jersey. The city has a population that is below the average city population in New Jersey, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Situated in New Jersey, Little Ferry borough provides insight into regional population trends, income levels, and housing conditions.

Population Overview

Little Ferry borough has a population of 11,218, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Little Ferry borough is $90,118, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Little Ferry borough is about $388,114, making it relatively affordable compared to many cities in New Jersey.

Employment and Safety

The unemployment rate in Little Ferry borough is 3.10%, slightly above the state average, suggesting moderate employment conditions. Crime rates in Little Ferry borough are higher than the state average, which may be a factor for residents to consider.

City Comparison

Compared to other cities in New Jersey, Little Ferry borough shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

As part of New Jersey, Little Ferry borough contributes to the broader economic and social landscape, offering insights into regional development.

Frequently Asked Questions about Little Ferry borough

What is the population of Little Ferry borough?

The population of Little Ferry borough is approximately 11,218.

Is Little Ferry borough a good place to live?

Little Ferry borough offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Little Ferry borough?

The median household income in Little Ferry borough is around $90,118.

How expensive is housing in Little Ferry borough?

The average housing price in Little Ferry borough is approximately $388,114.