Allendale, NJ
Population 6,820 · New Jersey
About Allendale, NJ
Allendale is a small town located in New Jersey with a population of 6,820 residents according to the latest US Census Bureau American Community Survey data. The median household income is $156,992 per year, which is 109% above the national median of $75,149. The median age of 45.7 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Allendale features a median home value of $764,600, which is 212% above the national median of $244,900. This places Allendale in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $2,648, 128% above the national average of $1,163/month. Of the 2,505 total housing units, 77% are owner-occupied (1,805 units) and 23% are renter-occupied (527 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Allendale shows an unemployment rate of 2.7%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 3.3%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Allendale have an average one-way commute time of 38.3 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
72.0% of Allendale residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 2.4% Asian residents, with 18.8% of the population being foreign-born.
Cost of Living in Allendale, NJ
Compared to national averages, Allendale has a median household income of $156,992 (109% above the national median of $75,149). Home values average $764,600, which is 212% above the national median. Monthly rent at $2,648 is 128% above the US average of $1,163. Within New Jersey, Allendale's income is 36% above the state average of $115,667, and home values are 63% above the state median of $469,644.
Why Live in Allendale, NJ?
Allendale offers a strong local economy with a median household income of $156,992, well above the national average, and a strong job market with an unemployment rate of just 2.7%, and a well-educated community where 72.0% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 3.3%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $764,600. However, Allendale’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Allendale has a population of 6,820 with a median age of 45.7 years. Compare Allendale with other cities to see how it stacks up, or explore all cities in New Jersey.
Similar Cities Near Allendale
Cities in New Jersey with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Belle Mead | 6,772 | $219,215 | $777,600 | Compare |
| Lincroft | 6,901 | $168,945 | $719,000 | Compare |
| Heathcote | 6,689 | $127,391 | $563,500 | Compare |
| Linwood | 6,954 | $135,904 | $351,100 | Compare |
| Stratford | 6,965 | $100,735 | $238,200 | Compare |
| Mountainside | 6,967 | $210,100 | $755,600 | Compare |
| Green Knoll | 6,664 | $156,630 | $581,600 | Compare |
| Milltown | 6,994 | $119,958 | $423,000 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in New Jersey
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Allendale With Other Cities
Frequently Asked Questions about Allendale
What is the population of Allendale, NJ?
The population of Allendale, NJ is 6,820 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in New Jersey.
What is the median household income in Allendale?
The median household income in Allendale, NJ is $156,992 per year, which is 109% above the national median of $75,149.
What is the median home value in Allendale?
The median home value in Allendale, NJ is $764,600, which is 212% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Allendale?
The median monthly rent in Allendale, NJ is $2,648, which is 128% above the national average of $1,163/month.
What is the unemployment rate in Allendale?
The unemployment rate in Allendale, NJ is 2.7%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Allendale, NJ a good place to live?
Allendale offers above-average incomes, a competitive housing market, and a strong job market. With a population of 6,820 and a median age of 45.7, the city appeals to established professionals and retirees.
How educated is Allendale, NJ?
72.0% of residents in Allendale aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Allendale?
Key cost-of-living indicators for Allendale, NJ: median home value is $764,600 (212% above national), median rent is $2,648/month, and median household income is $156,992. The home-value-to-income ratio is 4.9x, a moderate figure by national standards.
What is the poverty rate in Allendale?
The poverty rate in Allendale, NJ is 3.3%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Allendale, NJ?
Allendale's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 2.4% Asian, and 0.9% two or more races. 18.8% of residents are foreign-born.