Flagtown, NJ
Population 985 · New Jersey
About Flagtown, NJ
Flagtown is a small community located in New Jersey with a population of 985 residents according to the latest US Census Bureau American Community Survey data. The median household income is $220,677 per year, which is 194% above the national median of $75,149. The median age of 44.7 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 Flagtown features a median home value of $650,200, which is 165% above the national median of $244,900. This places Flagtown in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 335 total housing units, 95% are owner-occupied (319 units) and 5% are renter-occupied (16 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Flagtown shows an unemployment rate of 4.0%, which is near the national rate of 3.7%. The poverty rate stands at 4.5%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Flagtown have an average one-way commute time of 24.6 minutes.
Education & Demographics
65.2% of Flagtown 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 1.7% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.8% Asian residents, with 1.9% of the population being foreign-born.
How Flagtown Ranks in New Jersey
Cost of Living in Flagtown, NJ
Compared to national averages, Flagtown has a median household income of $220,677 (194% above the national median of $75,149). Home values average $650,200, which is 165% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within New Jersey, Flagtown's income is 91% above the state average of $115,667, and home values are 38% above the state median of $469,644.
Why Live in Flagtown, NJ?
Flagtown offers a strong local economy with a median household income of $220,677, well above the national average, and rent that’s lower than the national average at $0/month, and a well-educated community where 65.2% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 4.5%, better than the national average, and short commute times averaging just 24.6 minutes.
Potential considerations include a competitive housing market where the typical home costs $650,200. However, Flagtown’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Flagtown has a population of 985 with a median age of 44.7 years. Compare Flagtown with other cities to see how it stacks up, or explore all cities in New Jersey.
Similar Cities Near Flagtown
Cities in New Jersey with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Crosswicks | 986 | $156,063 | $608,800 | Compare |
| Hi-Nella | 984 | $75,227 | $235,800 | Compare |
| Vernon Valley | 983 | $123,707 | $321,600 | Compare |
| Audubon Park | 979 | $53,333 | $93,800 | Compare |
| The Ponds | 995 | $70,825 | $338,800 | Compare |
| Germania | 974 | $123,360 | $284,500 | Compare |
| Far Hills | 1,004 | $152,188 | $798,900 | Compare |
| Ship Bottom | 1,009 | $111,250 | $910,000 | 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 Flagtown With Other Cities
Frequently Asked Questions about Flagtown
What is the population of Flagtown, NJ?
The population of Flagtown, NJ is 985 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in New Jersey.
What is the median household income in Flagtown?
The median household income in Flagtown, NJ is $220,677 per year, which is 194% above the national median of $75,149.
What is the median home value in Flagtown?
The median home value in Flagtown, NJ is $650,200, which is 165% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Flagtown?
The median monthly rent in Flagtown, NJ is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Flagtown?
The unemployment rate in Flagtown, NJ is 4.0%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Flagtown, NJ a good place to live?
Flagtown offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 985 and a median age of 44.7, the city appeals to a broad range of residents.
How educated is Flagtown, NJ?
65.2% of residents in Flagtown 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 Flagtown?
Key cost-of-living indicators for Flagtown, NJ: median home value is $650,200 (165% above national), median rent is $0/month, and median household income is $220,677. The home-value-to-income ratio is 2.9x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Flagtown?
The poverty rate in Flagtown, NJ is 4.5%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Flagtown, NJ?
Flagtown's population is 1.7% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.8% Asian, and 2.7% two or more races. 1.9% of residents are foreign-born.