Cologne, NJ
Population 1,023 · New Jersey
About Cologne, NJ
Cologne is a small town located in New Jersey with a population of 1,023 residents according to the latest US Census Bureau American Community Survey data. The median household income is $101,723 per year, which is 35% above the national median of $75,149. The median age of 60.5 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 Cologne features a median home value of $330,500, which is 35% above the national median of $244,900. This positions Cologne in a moderately priced market relative to the rest of the country. Median monthly rent is $2,455, 111% above the national average of $1,163/month. Of the 604 total housing units, 65% are owner-occupied (394 units) and 35% are renter-occupied (210 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Cologne shows an unemployment rate of 4.3%, which is near the national rate of 3.7%. The poverty rate stands at 5.3%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Cologne have an average one-way commute time of 21.1 minutes.
Education & Demographics
48.4% of Cologne 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 2.3% White, 0.0% Hispanic or Latino, 2.9% Black or African American, and 0.0% Asian residents, with 3.8% of the population being foreign-born.
Cost of Living in Cologne, NJ
Compared to national averages, Cologne has a median household income of $101,723 (35% above the national median of $75,149). Home values average $330,500, which is 35% above the national median. Monthly rent at $2,455 is 111% above the US average of $1,163. Within New Jersey, Cologne's income is 12% below the state average of $115,667, and home values are 30% below the state median of $469,644.
Why Live in Cologne, NJ?
Cologne offers a strong local economy with a median household income of $101,723, well above the national average, and a well-educated community where 48.4% of residents hold a bachelor’s degree or higher, and a low poverty rate of 5.3%, better than the national average. Additionally, the city features short commute times averaging just 21.1 minutes.
Cologne has a population of 1,023 with a median age of 60.5 years. Compare Cologne with other cities to see how it stacks up, or explore all cities in New Jersey.
Similar Cities Near Cologne
Cities in New Jersey with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Ship Bottom | 1,009 | $111,250 | $910,000 | Compare |
| Green Village | 1,040 | $82,353 | $763,000 | Compare |
| Far Hills | 1,004 | $152,188 | $798,900 | Compare |
| Port Republic | 1,047 | $130,417 | $412,500 | Compare |
| The Ponds | 995 | $70,825 | $338,800 | Compare |
| Roosevelt | 1,059 | $112,614 | $354,600 | Compare |
| Crosswicks | 986 | $156,063 | $608,800 | Compare |
| Flagtown | 985 | $220,677 | $650,200 | 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 Cologne With Other Cities
Frequently Asked Questions about Cologne
What is the population of Cologne, NJ?
The population of Cologne, NJ is 1,023 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 Cologne?
The median household income in Cologne, NJ is $101,723 per year, which is 35% above the national median of $75,149.
What is the median home value in Cologne?
The median home value in Cologne, NJ is $330,500, which is 35% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Cologne?
The median monthly rent in Cologne, NJ is $2,455, which is 111% above the national average of $1,163/month.
What is the unemployment rate in Cologne?
The unemployment rate in Cologne, NJ is 4.3%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Cologne, NJ a good place to live?
Cologne offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 1,023 and a median age of 60.5, the city appeals to established professionals and retirees.
How educated is Cologne, NJ?
48.4% of residents in Cologne 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 Cologne?
Key cost-of-living indicators for Cologne, NJ: median home value is $330,500 (35% above national), median rent is $2,455/month, and median household income is $101,723. The home-value-to-income ratio is 3.2x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Cologne?
The poverty rate in Cologne, NJ is 5.3%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Cologne, NJ?
Cologne's population is 2.3% White, 0.0% Hispanic or Latino, 2.9% Black or African American, 0.0% Asian, and 6.2% two or more races. 3.8% of residents are foreign-born.