Emerson, NJ
Population 7,263 · New Jersey
About Emerson, NJ
Emerson is a small town located in New Jersey with a population of 7,263 residents according to the latest US Census Bureau American Community Survey data. The median household income is $153,963 per year, which is 105% above the national median of $75,149. The median age of 47.9 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 Emerson features a median home value of $626,000, which is 156% above the national median of $244,900. This places Emerson in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,926, 66% above the national average of $1,163/month. Of the 2,641 total housing units, 89% are owner-occupied (2,353 units) and 11% are renter-occupied (288 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Emerson shows an unemployment rate of 7.1%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 2.6%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Emerson have an average one-way commute time of 29.5 minutes.
Education & Demographics
55.2% of Emerson 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 1.1% White, 0.2% Hispanic or Latino, 0.8% Black or African American, and 5.1% Asian residents, with 15.7% of the population being foreign-born.
Cost of Living in Emerson, NJ
Compared to national averages, Emerson has a median household income of $153,963 (105% above the national median of $75,149). Home values average $626,000, which is 156% above the national median. Monthly rent at $1,926 is 66% above the US average of $1,163. Within New Jersey, Emerson's income is 33% above the state average of $115,667, and home values are 33% above the state median of $469,644.
Why Live in Emerson, NJ?
Emerson offers a strong local economy with a median household income of $153,963, well above the national average, and a well-educated community where 55.2% of residents hold a bachelor’s degree or higher, and a low poverty rate of 2.6%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $626,000. However, Emerson’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Emerson has a population of 7,263 with a median age of 47.9 years. Compare Emerson with other cities to see how it stacks up, or explore all cities in New Jersey.
Similar Cities Near Emerson
Cities in New Jersey with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Rumson | 7,265 | $250,001 | $1,609,400 | Compare |
| Yorketown | 7,265 | $163,375 | $575,700 | Compare |
| Wharton | 7,254 | $92,548 | $348,100 | Compare |
| Washington | 7,287 | $79,280 | $260,200 | Compare |
| Keyport | 7,159 | $79,036 | $374,800 | Compare |
| Palmyra | 7,447 | $85,014 | $216,600 | Compare |
| Barrington | 7,047 | $84,334 | $244,400 | Compare |
| Haddon Heights | 7,488 | $126,055 | $354,700 | 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 Emerson With Other Cities
Frequently Asked Questions about Emerson
What is the population of Emerson, NJ?
The population of Emerson, NJ is 7,263 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 Emerson?
The median household income in Emerson, NJ is $153,963 per year, which is 105% above the national median of $75,149.
What is the median home value in Emerson?
The median home value in Emerson, NJ is $626,000, which is 156% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Emerson?
The median monthly rent in Emerson, NJ is $1,926, which is 66% above the national average of $1,163/month.
What is the unemployment rate in Emerson?
The unemployment rate in Emerson, NJ is 7.1%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Emerson, NJ a good place to live?
Emerson offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 7,263 and a median age of 47.9, the city appeals to established professionals and retirees.
How educated is Emerson, NJ?
55.2% of residents in Emerson 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 Emerson?
Key cost-of-living indicators for Emerson, NJ: median home value is $626,000 (156% above national), median rent is $1,926/month, and median household income is $153,963. The home-value-to-income ratio is 4.1x, a moderate figure by national standards.
What is the poverty rate in Emerson?
The poverty rate in Emerson, NJ is 2.6%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Emerson, NJ?
Emerson's population is 1.1% White, 0.2% Hispanic or Latino, 0.8% Black or African American, 5.1% Asian, and 0.7% two or more races. 15.7% of residents are foreign-born.