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US City Data

Hoboken, NJ

Population 58,340 · New Jersey

Population
58,340
Median Income
$176,943
Median Home Value
$872,100
Median Rent
$2,819/mo

About Hoboken, NJ

Hoboken is a mid-sized city in New Jersey with a population of 58,340 residents. The median household income is $176,943 per year, which is above the national average. The median age in Hoboken is 31.9 years.

Housing in Hoboken has a median home value of $872,100 and median monthly rent of $2,819. Of the 29,985 total housing units, renting is more common than owning, with 9,421 owner-occupied and 18,233 renter-occupied units.

The unemployment rate in Hoboken is 3.4% and the poverty rate is 7.1%. 83.1% of residents hold a bachelor's degree or higher. The average commute time is 37.3 minutes.

How Hoboken Ranks in New Jersey

Most Populated Cities
#15
of 50 cities · 58,340
Most Educated Cities
#18
of 50 cities · 83.1%

Cost of Living in Hoboken, NJ

Compared to national averages, Hoboken has a median household income of $176,943 (135% above the national median of $75,149). Home values average $872,100, which is 256% above the national median. Monthly rent at $2,819 is 142% above the US average of $1,163. Within New Jersey, Hoboken's income is 53% above the state average of $115,667, and home values are 86% above the state median of $469,644.

Income vs National
$176,943
National: $75,149
New Jersey: $115,667
Home Value vs National
$872,100
National: $244,900
New Jersey: $469,644
Rent vs National
$2,819
National: $1,163
New Jersey: $1,813
Unemployment vs National
3.4%
National: 3.7%
New Jersey: 6.3%

Why Live in Hoboken, NJ?

Hoboken offers a strong local economy with a median household income of $176,943, well above the national average, and a strong job market with an unemployment rate of just 3.4%, and a well-educated community where 83.1% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 7.1%, better than the national average.

Potential considerations include a competitive housing market where the typical home costs $872,100. However, as a mid-sized city, Hoboken provides access to a wide range of amenities and services.

Hoboken has a population of 58,340 with a median age of 31.9 years. Compare Hoboken with other cities to see how it stacks up, or explore all cities in New Jersey.

Similar Cities Near Hoboken

Cities in New Jersey with a similar population size.

CityPopulationMedian IncomeHome Value
Vineland60,692$65,854$218,200Compare
New Brunswick55,744$60,248$316,800Compare
Perth Amboy55,278$58,490$339,200Compare
Plainfield54,515$80,334$383,300Compare
West New York51,683$67,139$410,200Compare
Union City66,375$65,369$446,800Compare
East Orange69,183$59,872$315,500Compare
Passaic69,651$56,780$406,500Compare

Demographics

31.9
Median Age
28,928
Male
29,412
Female
19.1%
Foreign Born

Racial & Ethnic Composition

White1.3Hispanic/Latino0.6Black5.2Asian6.6Two or More3.7

Economy & Education

3.4%
Unemployment Rate
7.1%
Poverty Rate
83.1%
Bachelor's Degree+
37.3 min
Avg Commute

Housing

29,985
Total Housing Units
9,421
Owner Occupied
18,233
Renter Occupied

Other Cities in New Jersey

Greenwich Cdp Cumberland County New JerseyGreenwich Cdp Warren County New JerseyPrinceton New JerseyRamapo College Of New JerseySilver Lake Cdp Cumberland County New JerseySilver Lake Cdp Essex County New Jersey

Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.

Compare Hoboken With Other Cities

Hoboken vs Greenwich Cdp Cumberland County New JerseyHoboken vs Greenwich Cdp Warren County New JerseyHoboken vs Princeton New JerseyHoboken vs Ramapo College Of New Jersey

Frequently Asked Questions about Hoboken

What is the population of Hoboken, NJ?

The population of Hoboken, NJ is 58,340 according to the latest Census data.

What is the median household income in Hoboken?

The median household income in Hoboken, NJ is $176,943 per year.

What is the median home value in Hoboken?

The median home value in Hoboken, NJ is $872,100.

What is the average rent in Hoboken?

The median monthly rent in Hoboken, NJ is $2,819.

What is the unemployment rate in Hoboken?

The unemployment rate in Hoboken, NJ is 3.4%.

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