Jersey City, NJ Profile: Facts & Data

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Jersey City, New Jersey - Basic Facts

The City of Jersey City is the 2nd largest city in New Jersey with a population of 312,763 as of July 1, 2023. Jersey City ranks in the upper quartile for Population Density and Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in New Jersey. See peer rankings below.

The primary coordinate point for Jersey City is located at latitude 40.7282 and longitude -74.0776 in Hudson County. The formal boundaries for the City of Jersey City encompass a land area of 14.79 sq. miles and a water area of 6.34 sq. miles. Hudson County is in the Eastern time zone (GMT -5).

The City of Jersey City has a C5 Census Class Code which indicates an active incorporated place that is independent of any county subdivision and serves as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.


Jump to... (On This Page!)
  1. Jersey City 2023 Demographic Data
  2. Growth Rates for Jersey City (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. New Jersey Research Tools (Easy Tools & Current Data)
  3. New Jersey Data Comparison Tool - 2023 Demographics
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Jersey City, NJ Data & Demographics (As of July 1, 2023)

POPULATION

Total Population 312,763 (100%)
Population in Households 309,785 (99.0%)
Population in Families 229,210 (73.3%)
Population in Group Quarters1 2,978 ( 1.0%)
Population Density 21,207
Diversity Index2 86
 
 

INCOME

Median Household Income $88,273
Average Household Income $137,526
% of Income for Mortgage4 37%
Per Capita Income $56,981
Wealth Index5 84
Socioeconomic Status Index6 Moderate (46.0)
 

HOUSING

Total HU (Housing Units) 142,533 (100%)
Owner Occupied HU 36,955 (25.9%)
Renter Occupied HU 92,573 (64.9%)
Vacant Housing Units 13,005 ( 9.1%)
Median Home Value $548,871
Average Home Value $622,740
Housing Affordability Index3 59
 

HOUSEHOLDS

Total Households 129,528
Average Household Size 2.39
Family Households 73,299
Average Family Size 3.00
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
  6. The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR

2020-2023 2023-2028
Population 2.09% 1.10%
Households 2.51% 1.53%
Families   1.44%
Median Household Income   2.66%
Per Capita Income   2.82%
Owner Occupied HU   0.98%

Jersey City, NJ - Peer Comparisons by Rank and Percentile

The table below compares Jersey City to the other 700 incorporated cities, towns and CDPs in New Jersey by rank and percentile using July 1, 2023 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 2 100th
Population Density # 8 99th
Median Household Income # 438 38th
Housing Affordability Index # 119 17th
Per Capita Income # 285 59th
Diversity Index # 19 97th

Additional comparisons and rankings can be made with a VERY EASY TO USE New Jersey Census Data Comparison Tool.

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