Hancocks Bridge, NJ Profile: Facts & Data

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Hancocks Bridge, New Jersey - Basic Facts

The Hancocks Bridge Census Designated Place had a population of 234 as of July 1, 2019. Hancocks Bridge ranks in the lower 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 Hancocks Bridge is located at latitude 39.5054 and longitude -75.4619 in Salem County. The formal boundaries for the Hancocks Bridge Census Designated Place encompass a land area of 0.21 sq. miles and a water area of 0.01 sq. miles. Salem County is in the Eastern time zone (GMT -5). The elevation is 3 feet.

The Hancocks Bridge Census Designated Place (GNIS ID: 2583999) has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.

The Hancocks Bridge Census Designated Place is located within Township of Lower Alloways Creek, a minor civil division (MCD) of Salem County.

Alternate Unofficial Names for Hancocks Bridge: Hancock's Bridge.

Jump to... (On This Page!)
  1. Hancocks Bridge 2019 Demographic Data
  2. Growth Rates for Hancocks Bridge (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 - 2019 Demographics

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Hancocks Bridge, NJ Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Hancocks Bridge, NJ Housing Affordability Index is 207
State of New Jersey Housing Affordability Index is 91
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.

WEALTH INDEX

Hancocks Bridge, NJ Wealth Index is 136
State of New Jersey Wealth Index is 148
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.

These new demographic attributes are availiable for cities, Counties, ZIP Codes and even neighborhoods (Census Blocks) when you search by a specific New Jersey address.

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POPULATION

Total Population 234
Population in Households 234
Population in Familes 198
Population in Group Qrtrs 0
Population Density 1,137
Diversity Index1 8
 

INCOME

Median Household Income $76,943
Average Household Income $96,185
Per Capita Income $35,522
Wealth Index3 136

HOUSING

Total Housing Units 96 (100%)
Owner Occupied HU 68 (70.8%)
Renter Occupied HU 17 (17.7%)
Vacant Housing Units 11 (11.5%)
Median Home Value $205,556
Housing Affordability Index2 207
 

HOUSEHOLDS

Total Households 85
Average Household Size 2.75
Family Households 60
Average Family Size 3
NOTES
  1. 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 race 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.
  2. 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.
  3. 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.

GROWTH RATE / YEAR

2010-2019 2019-2024
Population -0.88% -0.96%
Households -0.97% -0.96%
Families -0.86% -1.02%
Median Household Income   4.39%
Per Capita Income   4.45%

Hancocks Bridge, NJ - Peer Comparisons by Rank and Percentile

The table below compares Hancocks Bridge to the other 545 incorporated cities, towns and CDPs in New Jersey by rank and percentile using July 1, 2019 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 # 519 5th
Population Density # 416 24th
Diversity Index # 534 2nd
Median Household Income # 346 37th
Per Capita Income # 378 31st

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

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