Alloway, NJ
Population 1,473 · New Jersey
About Alloway, NJ
Alloway is a small town located in New Jersey with a population of 1,473 residents according to the latest US Census Bureau American Community Survey data. The median household income is $138,260 per year, which is 84% above the national median of $75,149. The median age of 50.5 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 Alloway features a median home value of $282,500, which is 15% above the national median of $244,900. This positions Alloway in a moderately priced market relative to the rest of the country. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 563 total housing units, 98% are owner-occupied (528 units) and 2% are renter-occupied (11 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Alloway shows an unemployment rate of 3.8%, which is near the national rate of 3.7%. The poverty rate stands at 0.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Alloway have an average one-way commute time of 36.2 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
25.8% of Alloway residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 0.0% White, 0.3% Hispanic or Latino, 2.4% Black or African American, and 0.0% Asian residents, with 0.8% of the population being foreign-born.
Cost of Living in Alloway, NJ
Compared to national averages, Alloway has a median household income of $138,260 (84% above the national median of $75,149). Home values average $282,500, which is 15% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within New Jersey, Alloway's income is 20% above the state average of $115,667, and home values are 40% below the state median of $469,644.
Why Live in Alloway, NJ?
Alloway offers a strong local economy with a median household income of $138,260, well above the national average, and rent that’s lower than the national average at $0/month, and a low poverty rate of 0.0%, better than the national average.
Alloway has a population of 1,473 with a median age of 50.5 years. Compare Alloway with other cities to see how it stacks up, or explore all cities in New Jersey.
Similar Cities Near Alloway
Cities in New Jersey with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| East Vineland | 1,475 | $98,231 | $229,500 | Compare |
| Beesleys Point | 1,476 | $0 | $299,800 | Compare |
| Seabrook Farms | 1,469 | $43,815 | $255,300 | Compare |
| Avalon | 1,478 | $143,482 | $1,756,100 | Compare |
| Bedminster | 1,463 | $123,289 | $830,800 | Compare |
| Collings Lakes | 1,489 | $86,359 | $194,500 | Compare |
| Vernon Center | 1,490 | $74,853 | $160,300 | Compare |
| Silver Lake CDP (Cumberland County), New Jersey | 1,447 | $88,217 | $304,800 | 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 Alloway With Other Cities
Frequently Asked Questions about Alloway
What is the population of Alloway, NJ?
The population of Alloway, NJ is 1,473 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 Alloway?
The median household income in Alloway, NJ is $138,260 per year, which is 84% above the national median of $75,149.
What is the median home value in Alloway?
The median home value in Alloway, NJ is $282,500, which is 15% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Alloway?
The median monthly rent in Alloway, NJ is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Alloway?
The unemployment rate in Alloway, NJ is 3.8%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Alloway, NJ a good place to live?
Alloway offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 1,473 and a median age of 50.5, the city appeals to established professionals and retirees.
How educated is Alloway, NJ?
25.8% of residents in Alloway aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Alloway?
Key cost-of-living indicators for Alloway, NJ: median home value is $282,500 (15% above national), median rent is $0/month, and median household income is $138,260. The home-value-to-income ratio is 2.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Alloway?
The poverty rate in Alloway, NJ is 0.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Alloway, NJ?
Alloway's population is 0.0% White, 0.3% Hispanic or Latino, 2.4% Black or African American, 0.0% Asian, and 2.1% two or more races. 0.8% of residents are foreign-born.