Belford, NJ
Population 2,039 · New Jersey
About Belford, NJ
Belford is a small town located in New Jersey with a population of 2,039 residents according to the latest US Census Bureau American Community Survey data. The median household income is $121,406 per year, which is 62% above the national median of $75,149. The median age of 36.9 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Belford features a median home value of $491,100, which is 101% above the national median of $244,900. This places Belford in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $2,111, 82% above the national average of $1,163/month. Of the 712 total housing units, 84% are owner-occupied (577 units) and 16% are renter-occupied (106 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Belford shows an unemployment rate of 9.9%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 6.5%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Belford have an average one-way commute time of 40.4 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
38.7% of Belford 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 3.1% White, 2.2% Hispanic or Latino, 0.5% Black or African American, and 5.3% Asian residents, with 6.8% of the population being foreign-born.
Cost of Living in Belford, NJ
Compared to national averages, Belford has a median household income of $121,406 (62% above the national median of $75,149). Home values average $491,100, which is 101% above the national median. Monthly rent at $2,111 is 82% above the US average of $1,163. Within New Jersey, Belford's income is 5% above the state average of $115,667, and home values are 5% above the state median of $469,644.
Why Live in Belford, NJ?
Belford offers a strong local economy with a median household income of $121,406, well above the national average, and a well-educated community where 38.7% of residents hold a bachelor’s degree or higher, and a low poverty rate of 6.5%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $491,100. However, Belford’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Belford has a population of 2,039 with a median age of 36.9 years. Compare Belford with other cities to see how it stacks up, or explore all cities in New Jersey.
Similar Cities Near Belford
Cities in New Jersey with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Erma | 2,039 | $93,674 | $378,000 | Compare |
| Laurel Springs | 2,025 | $120,795 | $254,600 | Compare |
| Byram Center | 2,018 | $122,639 | $349,300 | Compare |
| Middlebush | 2,017 | $178,125 | $475,500 | Compare |
| Marmora | 2,011 | $94,621 | $370,400 | Compare |
| Sussex | 2,004 | $72,601 | $258,400 | Compare |
| Englishtown | 2,075 | $101,736 | $479,000 | Compare |
| Franklinville | 1,999 | $117,847 | $259,100 | 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 Belford With Other Cities
Frequently Asked Questions about Belford
What is the population of Belford, NJ?
The population of Belford, NJ is 2,039 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 Belford?
The median household income in Belford, NJ is $121,406 per year, which is 62% above the national median of $75,149.
What is the median home value in Belford?
The median home value in Belford, NJ is $491,100, which is 101% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Belford?
The median monthly rent in Belford, NJ is $2,111, which is 82% above the national average of $1,163/month.
What is the unemployment rate in Belford?
The unemployment rate in Belford, NJ is 9.9%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Belford, NJ a good place to live?
Belford offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 2,039 and a median age of 36.9, the city appeals to a broad range of residents.
How educated is Belford, NJ?
38.7% of residents in Belford 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 Belford?
Key cost-of-living indicators for Belford, NJ: median home value is $491,100 (101% above national), median rent is $2,111/month, and median household income is $121,406. The home-value-to-income ratio is 4.0x, a moderate figure by national standards.
What is the poverty rate in Belford?
The poverty rate in Belford, NJ is 6.5%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Belford, NJ?
Belford's population is 3.1% White, 2.2% Hispanic or Latino, 0.5% Black or African American, 5.3% Asian, and 0.7% two or more races. 6.8% of residents are foreign-born.