Dayton, NJ
Population 8,241 · New Jersey
About Dayton, NJ
Dayton is a small town located in New Jersey with a population of 8,241 residents according to the latest US Census Bureau American Community Survey data. The median household income is $141,308 per year, which is 88% above the national median of $75,149. The median age of 40.4 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Dayton features a median home value of $471,700, which is 93% above the national median of $244,900. This places Dayton in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,969, 69% above the national average of $1,163/month. Of the 2,814 total housing units, 85% are owner-occupied (2,329 units) and 15% are renter-occupied (417 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Dayton shows an unemployment rate of 8.2%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 2.2%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Dayton have an average one-way commute time of 35.3 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
69.9% of Dayton 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 3.1% White, 1.1% Hispanic or Latino, 3.2% Black or African American, and 0.7% Asian residents, with 47.4% of the population being foreign-born.
Cost of Living in Dayton, NJ
Compared to national averages, Dayton has a median household income of $141,308 (88% above the national median of $75,149). Home values average $471,700, which is 93% above the national median. Monthly rent at $1,969 is 69% above the US average of $1,163. Within New Jersey, Dayton's income is 22% above the state average of $115,667, and home values are 0% above the state median of $469,644.
Why Live in Dayton, NJ?
Dayton offers a strong local economy with a median household income of $141,308, well above the national average, and a well-educated community where 69.9% of residents hold a bachelor’s degree or higher, and a low poverty rate of 2.2%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $471,700. However, Dayton’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Dayton has a population of 8,241 with a median age of 40.4 years. Compare Dayton with other cities to see how it stacks up, or explore all cities in New Jersey.
Similar Cities Near Dayton
Cities in New Jersey with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Oradell | 8,197 | $214,736 | $702,400 | Compare |
| Raritan | 8,192 | $103,699 | $449,200 | Compare |
| Runnemede | 8,310 | $100,366 | $217,500 | Compare |
| Twin Rivers | 8,315 | $98,831 | $273,900 | Compare |
| Newton | 8,336 | $73,679 | $282,300 | Compare |
| Kenilworth | 8,339 | $126,295 | $521,100 | Compare |
| Pomona | 8,141 | $100,382 | $244,500 | Compare |
| Upper Saddle River | 8,354 | $246,719 | $1,101,800 | 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 Dayton With Other Cities
Frequently Asked Questions about Dayton
What is the population of Dayton, NJ?
The population of Dayton, NJ is 8,241 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 Dayton?
The median household income in Dayton, NJ is $141,308 per year, which is 88% above the national median of $75,149.
What is the median home value in Dayton?
The median home value in Dayton, NJ is $471,700, which is 93% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Dayton?
The median monthly rent in Dayton, NJ is $1,969, which is 69% above the national average of $1,163/month.
What is the unemployment rate in Dayton?
The unemployment rate in Dayton, NJ is 8.2%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Dayton, NJ a good place to live?
Dayton offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 8,241 and a median age of 40.4, the city appeals to a broad range of residents.
How educated is Dayton, NJ?
69.9% of residents in Dayton 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 Dayton?
Key cost-of-living indicators for Dayton, NJ: median home value is $471,700 (93% above national), median rent is $1,969/month, and median household income is $141,308. The home-value-to-income ratio is 3.3x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Dayton?
The poverty rate in Dayton, NJ is 2.2%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Dayton, NJ?
Dayton's population is 3.1% White, 1.1% Hispanic or Latino, 3.2% Black or African American, 0.7% Asian, and 6.6% two or more races. 47.4% of residents are foreign-born.