Centre Grove, NJ
Population 1,371 · New Jersey
About Centre Grove, NJ
Centre Grove is a small town located in New Jersey with a population of 1,371 residents according to the latest US Census Bureau American Community Survey data. The median household income is $104,028 per year, which is 38% above the national median of $75,149. The median age of 38.6 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Centre Grove features a median home value of $209,300, which is 15% below the national median of $244,900. This positions Centre Grove 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 575 total housing units, 91% are owner-occupied (510 units) and 9% are renter-occupied (49 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Centre Grove shows an unemployment rate of 3.2%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 4.9%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Centre Grove have an average one-way commute time of 34.7 minutes.
Education & Demographics
31.5% of Centre Grove 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, 6.2% Hispanic or Latino, 5.5% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Centre Grove, NJ
Compared to national averages, Centre Grove has a median household income of $104,028 (38% above the national median of $75,149). Home values average $209,300, which is 15% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within New Jersey, Centre Grove's income is 10% below the state average of $115,667, and home values are 55% below the state median of $469,644.
Why Live in Centre Grove, NJ?
Centre Grove offers a strong local economy with a median household income of $104,028, well above the national average, and affordable housing with a median home value of $209,300, below the US average of $244,900, and rent that’s lower than the national average at $0/month. Additionally, the city features a strong job market with an unemployment rate of just 3.2%, and a low poverty rate of 4.9%, better than the national average.
Centre Grove has a population of 1,371 with a median age of 38.6 years. Compare Centre Grove with other cities to see how it stacks up, or explore all cities in New Jersey.
Similar Cities Near Centre Grove
Cities in New Jersey with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Pemberton | 1,373 | $88,333 | $303,200 | Compare |
| Rainbow Lakes | 1,376 | $109,083 | $531,700 | Compare |
| Chester | 1,359 | $152,578 | $640,400 | Compare |
| Kean University | 1,359 | $0 | $0 | Compare |
| Farmingdale | 1,399 | $97,574 | $401,000 | Compare |
| Sunset Lake | 1,341 | $53,663 | $539,200 | Compare |
| Chesilhurst | 1,340 | $89,904 | $215,100 | Compare |
| Victory Lakes | 1,403 | $97,273 | $228,000 | 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 Centre Grove With Other Cities
Frequently Asked Questions about Centre Grove
What is the population of Centre Grove, NJ?
The population of Centre Grove, NJ is 1,371 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 Centre Grove?
The median household income in Centre Grove, NJ is $104,028 per year, which is 38% above the national median of $75,149.
What is the median home value in Centre Grove?
The median home value in Centre Grove, NJ is $209,300, which is 15% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Centre Grove?
The median monthly rent in Centre Grove, NJ is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Centre Grove?
The unemployment rate in Centre Grove, NJ is 3.2%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Centre Grove, NJ a good place to live?
Centre Grove offers above-average incomes, affordable housing, and a strong job market. With a population of 1,371 and a median age of 38.6, the city appeals to a broad range of residents.
How educated is Centre Grove, NJ?
31.5% of residents in Centre Grove 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 Centre Grove?
Key cost-of-living indicators for Centre Grove, NJ: median home value is $209,300 (15% below national), median rent is $0/month, and median household income is $104,028. The home-value-to-income ratio is 2.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Centre Grove?
The poverty rate in Centre Grove, NJ is 4.9%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Centre Grove, NJ?
Centre Grove's population is 0.0% White, 6.2% Hispanic or Latino, 5.5% Black or African American, 0.0% Asian, and 7.1% two or more races. 0.0% of residents are foreign-born.