Hamilton Square, NJ
Population 11,643 · New Jersey
About Hamilton Square, NJ
Hamilton Square is a mid-sized city located in New Jersey with a population of 11,643 residents according to the latest US Census Bureau American Community Survey data. The median household income is $135,694 per year, which is 81% above the national median of $75,149. The median age of 46.2 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 Hamilton Square features a median home value of $376,900, which is 54% above the national median of $244,900. This places Hamilton Square in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,817, 56% above the national average of $1,163/month. Of the 4,439 total housing units, 94% are owner-occupied (4,085 units) and 6% are renter-occupied (241 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Hamilton Square shows an unemployment rate of 3.6%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 2.1%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Hamilton Square have an average one-way commute time of 24.7 minutes.
Education & Demographics
51.1% of Hamilton Square 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 0.5% White, 0.8% Hispanic or Latino, 1.6% Black or African American, and 3.4% Asian residents, with 11.4% of the population being foreign-born.
Cost of Living in Hamilton Square, NJ
Compared to national averages, Hamilton Square has a median household income of $135,694 (81% above the national median of $75,149). Home values average $376,900, which is 54% above the national median. Monthly rent at $1,817 is 56% above the US average of $1,163. Within New Jersey, Hamilton Square's income is 17% above the state average of $115,667, and home values are 20% below the state median of $469,644.
Why Live in Hamilton Square, NJ?
Hamilton Square offers a strong local economy with a median household income of $135,694, well above the national average, and a strong job market with an unemployment rate of just 3.6%, and a well-educated community where 51.1% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 2.1%, better than the national average, and short commute times averaging just 24.7 minutes.
Potential considerations include a competitive housing market where the typical home costs $376,900. However, Hamilton Square’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Hamilton Square has a population of 11,643 with a median age of 46.2 years. Compare Hamilton Square with other cities to see how it stacks up, or explore all cities in New Jersey.
Similar Cities Near Hamilton Square
Cities in New Jersey with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Guttenberg | 11,638 | $77,636 | $360,700 | Compare |
| Bellmawr | 11,678 | $74,812 | $216,500 | Compare |
| Ringwood | 11,600 | $142,529 | $434,800 | Compare |
| Gloucester City | 11,465 | $70,942 | $180,100 | Compare |
| Wallington | 11,825 | $82,422 | $493,700 | Compare |
| Ridgefield | 11,439 | $115,676 | $609,700 | Compare |
| Robertsville | 11,859 | $204,421 | $645,100 | Compare |
| Martinsville | 12,016 | $206,839 | $702,700 | 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 Hamilton Square With Other Cities
Frequently Asked Questions about Hamilton Square
What is the population of Hamilton Square, NJ?
The population of Hamilton Square, NJ is 11,643 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 Hamilton Square?
The median household income in Hamilton Square, NJ is $135,694 per year, which is 81% above the national median of $75,149.
What is the median home value in Hamilton Square?
The median home value in Hamilton Square, NJ is $376,900, which is 54% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Hamilton Square?
The median monthly rent in Hamilton Square, NJ is $1,817, which is 56% above the national average of $1,163/month.
What is the unemployment rate in Hamilton Square?
The unemployment rate in Hamilton Square, NJ is 3.6%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Hamilton Square, NJ a good place to live?
Hamilton Square offers above-average incomes, a competitive housing market, and a strong job market. With a population of 11,643 and a median age of 46.2, the city appeals to established professionals and retirees.
How educated is Hamilton Square, NJ?
51.1% of residents in Hamilton Square 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 Hamilton Square?
Key cost-of-living indicators for Hamilton Square, NJ: median home value is $376,900 (54% above national), median rent is $1,817/month, and median household income is $135,694. The home-value-to-income ratio is 2.8x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Hamilton Square?
The poverty rate in Hamilton Square, NJ is 2.1%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Hamilton Square, NJ?
Hamilton Square's population is 0.5% White, 0.8% Hispanic or Latino, 1.6% Black or African American, 3.4% Asian, and 2.3% two or more races. 11.4% of residents are foreign-born.