Little Silver, NJ Profile: Facts & Data


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Little Silver, New Jersey - Basic Facts

The Borough of Little Silver had a population of 5,932 as of July 1, 2020. Little Silver ranks in the lower quartile for 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 Little Silver is located at latitude 40.3368 and longitude -74.0471 in Monmouth County. The formal boundaries for the Borough of Little Silver encompass a land area of 2.71 sq. miles and a water area of 0.61 sq. miles. Monmouth County is in the Eastern time zone (GMT -5). The elevation is 39 feet.

The Borough of Little Silver (GNIS ID: 885282) 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.

Alternate Unofficial Names for Little Silver: Parkersville.


Little Silver, NJ Data & Demographics (As of July 1, 2020)


Total Population 5,932 (100%)
Population in Households 5,932 (100.0%)
Population in Families 5,344 (90.1%)
Population in Group Quarters1 0
Population Density 2,187
Diversity Index2 15


Median Household Income $153,897
Average Household Income $212,862
% of Income for Mortgage4 17%
Per Capita Income $77,186
Wealth Index5 338


Total HU (Housing Units) 2,292 (100%)
Owner Occupied HU 2,030 (88.6%)
Renter Occupied HU 121 ( 5.3%)
Vacant Housing Units 141 ( 6.2%)
Median Home Value $639,001
Average Home Value $751,860
Housing Affordability Index3 115


Total Households 2,151
Average Household Size 2.76
Family Households 1,686
Average Family Size 3
  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.


2010-2020 2020-2025
Population -0.03% -0.09%
Households 0.02% -0.07%
Families -0.01% -0.08%
Median Household Income   0.47%
Per Capita Income   1.29%
Owner Occupied HU   -0.03%


Little Silver, NJ - Peer Comparisons by Rank and Percentile

The table below compares Little Silver to the other 545 incorporated cities, towns and CDPs in New Jersey by rank and percentile using July 1, 2020 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 # 236 57th
Population Density # 311 43rd
Median Household Income # 52 91st
Housing Affordability Index # 204 37th
Per Capita Income # 49 91st
Diversity Index # 498 9th

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

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