Dumont, NJ
Population 18,072 · New Jersey
About Dumont, NJ
Dumont is a mid-sized city located in New Jersey with a population of 18,072 residents according to the latest US Census Bureau American Community Survey data. The median household income is $125,585 per year, which is 67% above the national median of $75,149. The median age of 42.1 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 Dumont features a median home value of $469,900, which is 92% above the national median of $244,900. This places Dumont in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,778, 53% above the national average of $1,163/month. Of the 6,781 total housing units, 72% are owner-occupied (4,686 units) and 28% are renter-occupied (1,805 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Dumont 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 6.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Dumont have an average one-way commute time of 32.5 minutes.
Education & Demographics
46.8% of Dumont 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 1.2% White, 0.1% Hispanic or Latino, 2.2% Black or African American, and 14.3% Asian residents, with 27.8% of the population being foreign-born.
Cost of Living in Dumont, NJ
Compared to national averages, Dumont has a median household income of $125,585 (67% above the national median of $75,149). Home values average $469,900, which is 92% above the national median. Monthly rent at $1,778 is 53% above the US average of $1,163. Within New Jersey, Dumont's income is 9% above the state average of $115,667, and home values are 0% above the state median of $469,644.
Why Live in Dumont, NJ?
Dumont offers a strong local economy with a median household income of $125,585, well above the national average, and a strong job market with an unemployment rate of just 3.2%, and a well-educated community where 46.8% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 6.0%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $469,900. However, Dumont’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Dumont has a population of 18,072 with a median age of 42.1 years. Compare Dumont with other cities to see how it stacks up, or explore all cities in New Jersey.
Similar Cities Near Dumont
Cities in New Jersey with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Colonia | 18,294 | $134,301 | $473,200 | Compare |
| Dover | 18,420 | $70,519 | $347,100 | 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 |
| Avenel | 17,143 | $95,935 | $351,200 | Compare |
| Iselin | 19,151 | $112,615 | $394,200 | Compare |
| Point Pleasant | 19,158 | $108,713 | $523,400 | 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 Dumont With Other Cities
Frequently Asked Questions about Dumont
What is the population of Dumont, NJ?
The population of Dumont, NJ is 18,072 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 Dumont?
The median household income in Dumont, NJ is $125,585 per year, which is 67% above the national median of $75,149.
What is the median home value in Dumont?
The median home value in Dumont, NJ is $469,900, which is 92% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Dumont?
The median monthly rent in Dumont, NJ is $1,778, which is 53% above the national average of $1,163/month.
What is the unemployment rate in Dumont?
The unemployment rate in Dumont, 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 Dumont, NJ a good place to live?
Dumont offers above-average incomes, a competitive housing market, and a strong job market. With a population of 18,072 and a median age of 42.1, the city appeals to a broad range of residents.
How educated is Dumont, NJ?
46.8% of residents in Dumont 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 Dumont?
Key cost-of-living indicators for Dumont, NJ: median home value is $469,900 (92% above national), median rent is $1,778/month, and median household income is $125,585. The home-value-to-income ratio is 3.7x, a moderate figure by national standards.
What is the poverty rate in Dumont?
The poverty rate in Dumont, NJ is 6.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Dumont, NJ?
Dumont's population is 1.2% White, 0.1% Hispanic or Latino, 2.2% Black or African American, 14.3% Asian, and 4.0% two or more races. 27.8% of residents are foreign-born.