Erma, NJ
Population 2,039 · New Jersey
About Erma, NJ
Erma is a small town located in New Jersey with a population of 2,039 residents according to the latest US Census Bureau American Community Survey data. The median household income is $93,674 per year, which is 25% above the national median of $75,149. The median age of 37.8 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Erma features a median home value of $378,000, which is 54% above the national median of $244,900. This places Erma in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,576, 36% above the national average of $1,163/month. Of the 907 total housing units, 73% are owner-occupied (571 units) and 27% are renter-occupied (211 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Erma shows an unemployment rate of 12.8%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 7.2%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Erma have an average one-way commute time of 19.5 minutes, one of the shorter commutes in the region.
Education & Demographics
35.8% of Erma residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 0.0% White, 0.0% Hispanic or Latino, 5.6% Black or African American, and 2.4% Asian residents, with 3.6% of the population being foreign-born.
Cost of Living in Erma, NJ
Compared to national averages, Erma has a median household income of $93,674 (25% above the national median of $75,149). Home values average $378,000, which is 54% above the national median. Monthly rent at $1,576 is 36% above the US average of $1,163. Within New Jersey, Erma's income is 19% below the state average of $115,667, and home values are 20% below the state median of $469,644.
Why Live in Erma, NJ?
Erma offers a strong local economy with a median household income of $93,674, well above the national average, and a well-educated community where 35.8% of residents hold a bachelor’s degree or higher, and a low poverty rate of 7.2%, better than the national average. Additionally, the city features short commute times averaging just 19.5 minutes.
Potential considerations include a competitive housing market where the typical home costs $378,000. However, Erma’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Erma has a population of 2,039 with a median age of 37.8 years. Compare Erma with other cities to see how it stacks up, or explore all cities in New Jersey.
Similar Cities Near Erma
Cities in New Jersey with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Belford | 2,039 | $121,406 | $491,100 | Compare |
| Laurel Springs | 2,025 | $120,795 | $254,600 | Compare |
| Byram Center | 2,018 | $122,639 | $349,300 | Compare |
| Middlebush | 2,017 | $178,125 | $475,500 | Compare |
| Marmora | 2,011 | $94,621 | $370,400 | Compare |
| Sussex | 2,004 | $72,601 | $258,400 | Compare |
| Englishtown | 2,075 | $101,736 | $479,000 | Compare |
| Franklinville | 1,999 | $117,847 | $259,100 | 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 Erma With Other Cities
Frequently Asked Questions about Erma
What is the population of Erma, NJ?
The population of Erma, NJ is 2,039 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 Erma?
The median household income in Erma, NJ is $93,674 per year, which is 25% above the national median of $75,149.
What is the median home value in Erma?
The median home value in Erma, NJ is $378,000, which is 54% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Erma?
The median monthly rent in Erma, NJ is $1,576, which is 36% above the national average of $1,163/month.
What is the unemployment rate in Erma?
The unemployment rate in Erma, NJ is 12.8%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Erma, NJ a good place to live?
Erma offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 2,039 and a median age of 37.8, the city appeals to a broad range of residents.
How educated is Erma, NJ?
35.8% of residents in Erma 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 Erma?
Key cost-of-living indicators for Erma, NJ: median home value is $378,000 (54% above national), median rent is $1,576/month, and median household income is $93,674. The home-value-to-income ratio is 4.0x, a moderate figure by national standards.
What is the poverty rate in Erma?
The poverty rate in Erma, NJ is 7.2%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Erma, NJ?
Erma's population is 0.0% White, 0.0% Hispanic or Latino, 5.6% Black or African American, 2.4% Asian, and 2.0% two or more races. 3.6% of residents are foreign-born.