Beverly, NJ
Population 2,489 · New Jersey
About Beverly, NJ
Beverly is a small town located in New Jersey with a population of 2,489 residents according to the latest US Census Bureau American Community Survey data. The median household income is $92,807 per year, which is 23% 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 Beverly features a median home value of $190,100, which is 22% below the national median of $244,900. This positions Beverly in a moderately priced market relative to the rest of the country. Median monthly rent is $1,179, 1% above the national average of $1,163/month. Of the 943 total housing units, 74% are owner-occupied (610 units) and 26% are renter-occupied (217 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Beverly shows an unemployment rate of 6.8%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 13.4%, above the national average of 12.4%. Workers in Beverly have an average one-way commute time of 34.5 minutes.
Education & Demographics
24.3% of Beverly 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, 1.5% Hispanic or Latino, 8.7% Black or African American, and 4.4% Asian residents, with 7.2% of the population being foreign-born.
How Beverly Ranks in New Jersey
Cost of Living in Beverly, NJ
Compared to national averages, Beverly has a median household income of $92,807 (23% above the national median of $75,149). Home values average $190,100, which is 22% below the national median. Monthly rent at $1,179 is 1% above the US average of $1,163. Within New Jersey, Beverly's income is 20% below the state average of $115,667, and home values are 60% below the state median of $469,644.
Why Live in Beverly, NJ?
Beverly offers a strong local economy with a median household income of $92,807, well above the national average, and affordable housing with a median home value of $190,100, below the US average of $244,900.
Beverly has a population of 2,489 with a median age of 40 years. Compare Beverly with other cities to see how it stacks up, or explore all cities in New Jersey.
Similar Cities Near Beverly
Cities in New Jersey with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Clearbrook | 2,477 | $34,958 | $245,300 | Compare |
| Laurel Lake | 2,514 | $51,633 | $138,100 | Compare |
| Whittingham | 2,516 | $75,764 | $386,600 | Compare |
| Belvidere | 2,526 | $100,334 | $269,200 | Compare |
| East Newark | 2,529 | $65,272 | $277,700 | Compare |
| West Berlin | 2,533 | $75,000 | $224,800 | Compare |
| Peapack and Gladstone | 2,547 | $184,231 | $843,400 | Compare |
| Thorofare | 2,419 | $87,344 | $272,700 | 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 Beverly With Other Cities
Frequently Asked Questions about Beverly
What is the population of Beverly, NJ?
The population of Beverly, NJ is 2,489 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 Beverly?
The median household income in Beverly, NJ is $92,807 per year, which is 23% above the national median of $75,149.
What is the median home value in Beverly?
The median home value in Beverly, NJ is $190,100, which is 22% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Beverly?
The median monthly rent in Beverly, NJ is $1,179, which is 1% above the national average of $1,163/month.
What is the unemployment rate in Beverly?
The unemployment rate in Beverly, NJ is 6.8%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Beverly, NJ a good place to live?
Beverly offers above-average incomes, affordable housing, and growing employment opportunities. With a population of 2,489 and a median age of 40, the city appeals to a broad range of residents.
How educated is Beverly, NJ?
24.3% of residents in Beverly 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 Beverly?
Key cost-of-living indicators for Beverly, NJ: median home value is $190,100 (22% below national), median rent is $1,179/month, and median household income is $92,807. The home-value-to-income ratio is 2.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Beverly?
The poverty rate in Beverly, NJ is 13.4%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Beverly, NJ?
Beverly's population is 0.0% White, 1.5% Hispanic or Latino, 8.7% Black or African American, 4.4% Asian, and 24.6% two or more races. 7.2% of residents are foreign-born.