Randolph township, New Jersey Median Income

Randolph township, New Jersey has a population of 26,818, with a median household income of $148,114.

Current median income data for Randolph township.

$148,114

👥

Population

26,818

💰

Median Income

$148,114

📉

Unemployment

1.80%

🏠

Housing Price

$621,228

🚨

Crime Rate

0.20

🌐

Internet Speed

286.80 Mbps

Randolph township is a smaller urban community located in New Jersey. The city has a population that is above 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.

Randolph township is a notable city in New Jersey, offering a mix of population dynamics, economic indicators, and housing trends.

Population Overview

Randolph township has a population of 26,818, which is higher than the state average. This indicates a relatively larger urban presence within New Jersey.

Income and Economy

The median household income in Randolph township is $148,114, which is above the state average. This reflects stronger earning potential and economic stability.

Housing Market

Housing prices in Randolph township average around $621,228, which is relatively high compared to other cities in New Jersey.

Employment and Safety

The unemployment rate in Randolph township is 1.80%, which is lower than the state average, indicating a relatively strong job market. Randolph township has a lower crime rate than the state average, contributing to a relatively safer living environment.

City Comparison

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

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

Frequently Asked Questions about Randolph township

What is the population of Randolph township?

The population of Randolph township is approximately 26,818.

Is Randolph township a good place to live?

Randolph township 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 Randolph township?

The median household income in Randolph township is around $148,114.

How expensive is housing in Randolph township?

The average housing price in Randolph township is approximately $621,228.