Colonia, NJ
Population 18,294 · New Jersey
About Colonia, NJ
Colonia is a mid-sized city located in New Jersey with a population of 18,294 residents according to the latest US Census Bureau American Community Survey data. The median household income is $134,301 per year, which is 79% above the national median of $75,149. The median age of 43.3 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 Colonia features a median home value of $473,200, which is 93% above the national median of $244,900. This places Colonia in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,964, 69% above the national average of $1,163/month. Of the 6,243 total housing units, 88% are owner-occupied (5,465 units) and 12% are renter-occupied (728 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Colonia shows an unemployment rate of 4.3%, which is near the national rate of 3.7%. The poverty rate stands at 5.9%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Colonia have an average one-way commute time of 33.1 minutes.
Education & Demographics
46.5% of Colonia 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 0.3% White, 1.5% Hispanic or Latino, 4.6% Black or African American, and 11.1% Asian residents, with 27.3% of the population being foreign-born.
Cost of Living in Colonia, NJ
Compared to national averages, Colonia has a median household income of $134,301 (79% above the national median of $75,149). Home values average $473,200, which is 93% above the national median. Monthly rent at $1,964 is 69% above the US average of $1,163. Within New Jersey, Colonia's income is 16% above the state average of $115,667, and home values are 1% above the state median of $469,644.
Why Live in Colonia, NJ?
Colonia offers a strong local economy with a median household income of $134,301, well above the national average, and a well-educated community where 46.5% of residents hold a bachelor’s degree or higher, and a low poverty rate of 5.9%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $473,200. However, Colonia’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Colonia has a population of 18,294 with a median age of 43.3 years. Compare Colonia with other cities to see how it stacks up, or explore all cities in New Jersey.
Similar Cities Near Colonia
Cities in New Jersey with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Dover | 18,420 | $70,519 | $347,100 | Compare |
| Dumont | 18,072 | $125,585 | $469,900 | Compare |
| Preakness | 18,538 | $133,168 | $603,200 | Compare |
| Ocean Acres | 18,689 | $117,739 | $359,200 | Compare |
| Rutherford | 18,748 | $136,069 | $580,800 | Compare |
| Iselin | 19,151 | $112,615 | $394,200 | Compare |
| Point Pleasant | 19,158 | $108,713 | $523,400 | Compare |
| Tinton Falls | 19,252 | $113,844 | $458,300 | 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 Colonia With Other Cities
Frequently Asked Questions about Colonia
What is the population of Colonia, NJ?
The population of Colonia, NJ is 18,294 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in New Jersey.
What is the median household income in Colonia?
The median household income in Colonia, NJ is $134,301 per year, which is 79% above the national median of $75,149.
What is the median home value in Colonia?
The median home value in Colonia, NJ is $473,200, which is 93% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Colonia?
The median monthly rent in Colonia, NJ is $1,964, which is 69% above the national average of $1,163/month.
What is the unemployment rate in Colonia?
The unemployment rate in Colonia, 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 Colonia, NJ a good place to live?
Colonia offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 18,294 and a median age of 43.3, the city appeals to a broad range of residents.
How educated is Colonia, NJ?
46.5% of residents in Colonia 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 Colonia?
Key cost-of-living indicators for Colonia, NJ: median home value is $473,200 (93% above national), median rent is $1,964/month, and median household income is $134,301. The home-value-to-income ratio is 3.5x, a moderate figure by national standards.
What is the poverty rate in Colonia?
The poverty rate in Colonia, 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 Colonia, NJ?
Colonia's population is 0.3% White, 1.5% Hispanic or Latino, 4.6% Black or African American, 11.1% Asian, and 4.4% two or more races. 27.3% of residents are foreign-born.