Bargaintown, NJ
Population 5,231 · New Jersey
About Bargaintown, NJ
Bargaintown is a small town located in New Jersey with a population of 5,231 residents according to the latest US Census Bureau American Community Survey data. The median household income is $127,734 per year, which is 70% above the national median of $75,149. The median age of 48.2 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 Bargaintown features a median home value of $307,100, which is 25% above the national median of $244,900. This positions Bargaintown in a moderately priced market relative to the rest of the country. Median monthly rent is $2,320, 99% above the national average of $1,163/month. Of the 2,075 total housing units, 95% are owner-occupied (1,889 units) and 5% are renter-occupied (105 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Bargaintown shows an unemployment rate of 8.9%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 5.9%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Bargaintown have an average one-way commute time of 22.9 minutes.
Education & Demographics
45.1% of Bargaintown 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 1.3% White, 0.9% Hispanic or Latino, 0.9% Black or African American, and 2.3% Asian residents, with 9.9% of the population being foreign-born.
Cost of Living in Bargaintown, NJ
Compared to national averages, Bargaintown has a median household income of $127,734 (70% above the national median of $75,149). Home values average $307,100, which is 25% above the national median. Monthly rent at $2,320 is 99% above the US average of $1,163. Within New Jersey, Bargaintown's income is 10% above the state average of $115,667, and home values are 35% below the state median of $469,644.
Why Live in Bargaintown, NJ?
Bargaintown offers a strong local economy with a median household income of $127,734, well above the national average, and a well-educated community where 45.1% of residents hold a bachelor’s degree or higher, and a low poverty rate of 5.9%, better than the national average. Additionally, the city features short commute times averaging just 22.9 minutes.
Bargaintown has a population of 5,231 with a median age of 48.2 years. Compare Bargaintown with other cities to see how it stacks up, or explore all cities in New Jersey.
Similar Cities Near Bargaintown
Cities in New Jersey with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Margate City | 5,260 | $114,417 | $645,200 | Compare |
| Troy Hills | 5,183 | $180,618 | $634,600 | Compare |
| Beach Haven West | 5,164 | $116,949 | $577,500 | Compare |
| Ledgewood | 5,150 | $125,000 | $454,100 | Compare |
| Salem | 5,315 | $40,650 | $69,300 | Compare |
| Wildwood | 5,140 | $51,996 | $361,200 | Compare |
| Englewood Cliffs | 5,330 | $222,192 | $1,232,700 | Compare |
| Clementon | 5,351 | $69,536 | $197,200 | 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 Bargaintown With Other Cities
Frequently Asked Questions about Bargaintown
What is the population of Bargaintown, NJ?
The population of Bargaintown, NJ is 5,231 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 Bargaintown?
The median household income in Bargaintown, NJ is $127,734 per year, which is 70% above the national median of $75,149.
What is the median home value in Bargaintown?
The median home value in Bargaintown, NJ is $307,100, which is 25% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Bargaintown?
The median monthly rent in Bargaintown, NJ is $2,320, which is 99% above the national average of $1,163/month.
What is the unemployment rate in Bargaintown?
The unemployment rate in Bargaintown, NJ is 8.9%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Bargaintown, NJ a good place to live?
Bargaintown offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 5,231 and a median age of 48.2, the city appeals to established professionals and retirees.
How educated is Bargaintown, NJ?
45.1% of residents in Bargaintown 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 Bargaintown?
Key cost-of-living indicators for Bargaintown, NJ: median home value is $307,100 (25% above national), median rent is $2,320/month, and median household income is $127,734. The home-value-to-income ratio is 2.4x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Bargaintown?
The poverty rate in Bargaintown, NJ is 5.9%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Bargaintown, NJ?
Bargaintown's population is 1.3% White, 0.9% Hispanic or Latino, 0.9% Black or African American, 2.3% Asian, and 16.0% two or more races. 9.9% of residents are foreign-born.