Lebanon, NJ Profile: Facts & Data

Lebanon, New Jersey - Basic Facts

The Borough of Lebanon had a population of 1,631 as of July 1, 2023.

The primary coordinate point for Lebanon is located at latitude 40.6418 and longitude -74.836 in Hunterdon County. The formal boundaries for the Borough of Lebanon encompass a land area of 0.89 sq. miles and a water area of 0 sq. miles. Hunterdon County is in the Eastern time zone (GMT -5).

The Borough of Lebanon 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.

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Lebanon, NJ Data & Demographics (As of July 1, 2023)

POPULATION
Total Population	1,631 (100%)
Population in Households	1,631 (100.0%)
Population in Families	1,284 (78.7%)
Population in Group Quarters¹	0
Population Density	1,808
Diversity Index²	45


INCOME
Median Household Income	$98,767
Average Household Income	$136,944
% of Income for Mortgage⁴	23%
Per Capita Income	$66,835
Wealth Index⁵	102
Socioeconomic Status Index⁶	High (66.9)

HOUSING
Total HU (Housing Units)	826 (100%)
Owner Occupied HU	463 (56.1%)
Renter Occupied HU	333 (40.3%)
Vacant Housing Units	30 ( 3.6%)
Median Home Value	$373,765
Average Home Value	$393,521
Housing Affordability Index³	89

HOUSEHOLDS
Total Households	796
Average Household Size	2.05
Family Households	470
Average Family Size	3.00

HOUSING

Total HU (Housing Units)

826 (100%)

Owner Occupied HU

463 (56.1%)

Renter Occupied HU

333 (40.3%)

Vacant Housing Units

30 ( 3.6%)

Median Home Value

$373,765

Average Home Value

$393,521

Housing Affordability Index³

HOUSEHOLDS

Total Households

796

Average Household Size

2.05

Family Households

470

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.

GROWTH RATE / YEAR	2020-2023	2023-2028
Population	-0.63%	-0.25%
Households	0.04%	0.10%
Families		0.13%
Median Household Income		1.60%
Per Capita Income		2.19%
Owner Occupied HU		0.64%

GROWTH RATE / YEAR

2020-2023

2023-2028

Population

-0.63%

-0.25%

Households

0.04%

0.10%

Families

0.13%

Median Household Income

1.60%

Per Capita Income

2.19%

Owner Occupied HU

0.64%

Lebanon, NJ - Peer Comparisons by Rank and Percentile

The table below compares Lebanon 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	# 491	30th
Population Density	# 391	44th
Median Household Income	# 358	49th
Housing Affordability Index	# 419	60th
Per Capita Income	# 188	73rd
Diversity Index	# 437	38th

Variable Description

Rank

Percentile

Total Population

# 491

30th

Population Density

# 391

44th

Median Household Income

# 358

49th

Housing Affordability Index

# 419

60th

Per Capita Income

# 188

73rd

Diversity Index

# 437

38th

New Jersey Census Data Comparison Tool

Lebanon, NJ Profile: Facts & Data

Lebanon, New Jersey - Basic Facts

Lebanon, NJ Data & Demographics (As of July 1, 2023)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Lebanon, NJ - Peer Comparisons by Rank and Percentile

Lebanon, NJ - Most Popular Things to Do

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Hunterdon County