Allentown, NJ
Population 1,926 · New Jersey
About Allentown, NJ
Allentown is a small town located in New Jersey with a population of 1,926 residents according to the latest US Census Bureau American Community Survey data. The median household income is $134,583 per year, which is 79% above the national median of $75,149. The median age of 40 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Allentown features a median home value of $397,100, which is 62% above the national median of $244,900. This places Allentown in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,517, 30% above the national average of $1,163/month. Of the 721 total housing units, 78% are owner-occupied (531 units) and 22% are renter-occupied (152 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Allentown shows an unemployment rate of 4.8%, which is near the national rate of 3.7%. The poverty rate stands at 3.6%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Allentown have an average one-way commute time of 30.8 minutes.
Education & Demographics
53.2% of Allentown 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 0.3% White, 0.5% Hispanic or Latino, 2.4% Black or African American, and 2.5% Asian residents, with 5.7% of the population being foreign-born.
Cost of Living in Allentown, NJ
Compared to national averages, Allentown has a median household income of $134,583 (79% above the national median of $75,149). Home values average $397,100, which is 62% above the national median. Monthly rent at $1,517 is 30% above the US average of $1,163. Within New Jersey, Allentown's income is 16% above the state average of $115,667, and home values are 15% below the state median of $469,644.
Why Live in Allentown, NJ?
Allentown offers a strong local economy with a median household income of $134,583, well above the national average, and a well-educated community where 53.2% of residents hold a bachelor’s degree or higher, and a low poverty rate of 3.6%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $397,100. However, Allentown’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Allentown has a population of 1,926 with a median age of 40 years. Compare Allentown with other cities to see how it stacks up, or explore all cities in New Jersey.
Similar Cities Near Allentown
Cities in New Jersey with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Presidential Lakes Estates | 1,927 | $84,038 | $221,800 | Compare |
| Stonebridge | 1,932 | $119,732 | $608,400 | Compare |
| Navesink | 1,904 | $145,708 | $695,300 | Compare |
| New Egypt | 1,949 | $67,633 | $356,200 | Compare |
| Waretown | 1,894 | $118,450 | $498,600 | Compare |
| Victory Gardens | 1,891 | $52,235 | $224,800 | Compare |
| Sea Girt | 1,978 | $206,000 | $2,000,001 | Compare |
| Seaside Heights | 1,992 | $58,988 | $376,700 | 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 Allentown With Other Cities
Frequently Asked Questions about Allentown
What is the population of Allentown, NJ?
The population of Allentown, NJ is 1,926 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 Allentown?
The median household income in Allentown, NJ is $134,583 per year, which is 79% above the national median of $75,149.
What is the median home value in Allentown?
The median home value in Allentown, NJ is $397,100, which is 62% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Allentown?
The median monthly rent in Allentown, NJ is $1,517, which is 30% above the national average of $1,163/month.
What is the unemployment rate in Allentown?
The unemployment rate in Allentown, NJ is 4.8%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Allentown, NJ a good place to live?
Allentown offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 1,926 and a median age of 40, the city appeals to a broad range of residents.
How educated is Allentown, NJ?
53.2% of residents in Allentown 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 Allentown?
Key cost-of-living indicators for Allentown, NJ: median home value is $397,100 (62% above national), median rent is $1,517/month, and median household income is $134,583. The home-value-to-income ratio is 3.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Allentown?
The poverty rate in Allentown, NJ is 3.6%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Allentown, NJ?
Allentown's population is 0.3% White, 0.5% Hispanic or Latino, 2.4% Black or African American, 2.5% Asian, and 6.7% two or more races. 5.7% of residents are foreign-born.