Corbin City, NJ Profile: Facts & Data

The City of Corbin City had a population of 490 as of July 1, 2024. Corbin City ranks in the lower quartile for Population Density when compared to the other cities, towns and Census Designated Places (CDPs) in New Jersey. See peer rankings below.

The primary coordinate point for Corbin City is located at latitude 39.3034 and longitude -74.7557 in Atlantic County. The formal boundaries for the City of Corbin City encompass a land area of 7.66 sq. miles and a water area of 1.27 sq. miles. Atlantic County is in the Eastern time zone (GMT -5).

The City of Corbin 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.

Corbin City, NJ Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	490 (100%)
Population in Households	490 (100.0%)
Population in Families	420 (85.7%)
Population in Group Quarters¹	0
Population Density	64
Diversity Index²	41


INCOME
Median Household Income	$121,014
Average Household Income	$168,432
% of Income for Mortgage⁴	26%
Per Capita Income	$68,748
Wealth Index⁵	200
Socioeconomic Status Index⁶	Moderate (55.4)

HOUSING
Total HU (Housing Units)	221 (100%)
Owner Occupied HU	154 (69.7%)
Renter Occupied HU	46 (20.8%)
Vacant Housing Units	21 ( 9.5%)
Median Home Value	$500,000
Average Home Value	$537,013
Housing Affordability Index³	80

HOUSEHOLDS
Total Households	200
Average Household Size	2.45
Family Households	144
Average Family Size	3.00

NOTES

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.
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.
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.
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).
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.
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.

Corbin City, NJ - Peer Comparisons by Rank and Percentile

The table below compares Corbin City to the other 700 incorporated cities, towns and CDPs in New Jersey by rank and percentile using July 1, 2024 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.

GROWTH RATE / YEAR	2020-2024	2024-2029
Population	0.93%	-0.08%
Households	1.59%	0.69%
Families		0.82%
Median Household Income		3.86%
Per Capita Income		3.39%
Owner Occupied HU		0.26%

Variable Description	Rank	Percentile
Total Population	# 614	12th
Population Density	# 695	1st
Median Household Income	# 233	67th
Housing Affordability Index	# 340	49th
Per Capita Income	# 204	71st
Diversity Index	# 494	30th

Corbin City, NJ Profile: Facts & Data

Corbin City, New Jersey - Basic Facts

Corbin City, NJ Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Corbin City, NJ - Peer Comparisons by Rank and Percentile

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