Allenwood, NJ
Population 721 · New Jersey
About Allenwood, NJ
Allenwood is a small community in New Jersey with a population of 721 residents. The median household income is $217,500 per year, which is above the national average. The median age in Allenwood is 44.9 years.
Housing in Allenwood has a median home value of $727,600 and median monthly rent of $0. Of the 310 total housing units, the majority are owner-occupied, with 231 owner-occupied and 43 renter-occupied units.
The unemployment rate in Allenwood is 2.5% and the poverty rate is 5.3%. 55.7% of residents hold a bachelor's degree or higher. The average commute time is 31 minutes.
How Allenwood Ranks in New Jersey
Cost of Living in Allenwood, NJ
Compared to national averages, Allenwood has a median household income of $217,500 (189% above the national median of $75,149). Home values average $727,600, which is 197% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within New Jersey, Allenwood's income is 88% above the state average of $115,667, and home values are 55% above the state median of $469,644.
Why Live in Allenwood, NJ?
Allenwood offers a strong local economy with a median household income of $217,500, well above the national average, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 2.5%. Additionally, the city features a well-educated community where 55.7% of residents hold a bachelor’s degree or higher, and a low poverty rate of 5.3%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $727,600. However, Allenwood’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Allenwood has a population of 721 with a median age of 44.9 years. Compare Allenwood with other cities to see how it stacks up, or explore all cities in New Jersey.
Similar Cities Near Allenwood
Cities in New Jersey with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Oceanville | 721 | $163,459 | $247,600 | Compare |
| Branchville | 724 | $124,167 | $299,600 | Compare |
| Andover | 716 | $78,750 | $355,400 | Compare |
| Encore at Monroe | 713 | $72,896 | $463,900 | Compare |
| Fieldsboro | 701 | $88,125 | $333,700 | Compare |
| Harlingen | 697 | $227,438 | $717,900 | Compare |
| Grenloch | 748 | $128,333 | $228,700 | Compare |
| Belleplain | 675 | $65,357 | $282,300 | 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.
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Frequently Asked Questions about Allenwood
What is the population of Allenwood, NJ?
The population of Allenwood, NJ is 721 according to the latest Census data.
What is the median household income in Allenwood?
The median household income in Allenwood, NJ is $217,500 per year.
What is the median home value in Allenwood?
The median home value in Allenwood, NJ is $727,600.
What is the average rent in Allenwood?
The median monthly rent in Allenwood, NJ is $0.
What is the unemployment rate in Allenwood?
The unemployment rate in Allenwood, NJ is 2.5%.