Hoboken, NJ
Population 58,340 · New Jersey
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
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.
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.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Vineland | 60,692 | $65,854 | $218,200 | Compare |
| New Brunswick | 55,744 | $60,248 | $316,800 | Compare |
| Perth Amboy | 55,278 | $58,490 | $339,200 | Compare |
| Plainfield | 54,515 | $80,334 | $383,300 | Compare |
| West New York | 51,683 | $67,139 | $410,200 | Compare |
| Union City | 66,375 | $65,369 | $446,800 | Compare |
| East Orange | 69,183 | $59,872 | $315,500 | Compare |
| Passaic | 69,651 | $56,780 | $406,500 | 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.
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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%.