Demarest, NJ
Population 4,916 · New Jersey
About Demarest, NJ
Demarest is a small town located in New Jersey with a population of 4,916 residents according to the latest US Census Bureau American Community Survey data. The median household income is $175,078 per year, which is 133% above the national median of $75,149. The median age of 45.9 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 Demarest features a median home value of $965,400, which is 294% above the national median of $244,900. This places Demarest in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $3,501, 201% above the national average of $1,163/month. Of the 1,746 total housing units, 90% are owner-occupied (1,520 units) and 10% are renter-occupied (175 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Demarest shows an unemployment rate of 5.9%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 0.8%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Demarest have an average one-way commute time of 40.5 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
74.7% of Demarest 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 0.2% White, 0.0% Hispanic or Latino, 0.3% Black or African American, and 5.6% Asian residents, with 32.5% of the population being foreign-born.
How Demarest Ranks in New Jersey
Cost of Living in Demarest, NJ
Compared to national averages, Demarest has a median household income of $175,078 (133% above the national median of $75,149). Home values average $965,400, which is 294% above the national median. Monthly rent at $3,501 is 201% above the US average of $1,163. Within New Jersey, Demarest's income is 51% above the state average of $115,667, and home values are 106% above the state median of $469,644.
Why Live in Demarest, NJ?
Demarest offers a strong local economy with a median household income of $175,078, well above the national average, and a well-educated community where 74.7% of residents hold a bachelor’s degree or higher, and a low poverty rate of 0.8%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $965,400. However, Demarest’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Demarest has a population of 4,916 with a median age of 45.9 years. Compare Demarest with other cities to see how it stacks up, or explore all cities in New Jersey.
Similar Cities Near Demarest
Cities in New Jersey with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Franklin | 4,938 | $90,152 | $253,100 | Compare |
| Golden Triangle | 4,893 | $101,411 | $280,800 | Compare |
| Flemington | 4,887 | $74,213 | $372,700 | Compare |
| Harrington Park | 4,883 | $180,515 | $709,200 | Compare |
| Brielle | 4,960 | $167,754 | $815,100 | Compare |
| Spring Lake Heights | 4,866 | $102,829 | $648,500 | Compare |
| Ampere North | 4,968 | $71,192 | $358,000 | Compare |
| Penns Grove | 4,860 | $43,889 | $170,100 | 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 Demarest With Other Cities
Frequently Asked Questions about Demarest
What is the population of Demarest, NJ?
The population of Demarest, NJ is 4,916 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 Demarest?
The median household income in Demarest, NJ is $175,078 per year, which is 133% above the national median of $75,149.
What is the median home value in Demarest?
The median home value in Demarest, NJ is $965,400, which is 294% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Demarest?
The median monthly rent in Demarest, NJ is $3,501, which is 201% above the national average of $1,163/month.
What is the unemployment rate in Demarest?
The unemployment rate in Demarest, NJ is 5.9%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Demarest, NJ a good place to live?
Demarest offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 4,916 and a median age of 45.9, the city appeals to established professionals and retirees.
How educated is Demarest, NJ?
74.7% of residents in Demarest 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 Demarest?
Key cost-of-living indicators for Demarest, NJ: median home value is $965,400 (294% above national), median rent is $3,501/month, and median household income is $175,078. The home-value-to-income ratio is 5.5x, a moderate figure by national standards.
What is the poverty rate in Demarest?
The poverty rate in Demarest, NJ is 0.8%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Demarest, NJ?
Demarest's population is 0.2% White, 0.0% Hispanic or Latino, 0.3% Black or African American, 5.6% Asian, and 0.4% two or more races. 32.5% of residents are foreign-born.