Lambertville, NJ
Population 4,141 · New Jersey
About Lambertville, NJ
Lambertville is a small town located in New Jersey with a population of 4,141 residents according to the latest US Census Bureau American Community Survey data. The median household income is $106,236 per year, which is 41% above the national median of $75,149. The median age of 59.2 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 Lambertville features a median home value of $534,100, which is 118% above the national median of $244,900. This places Lambertville in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,507, 30% above the national average of $1,163/month. Of the 2,338 total housing units, 77% are owner-occupied (1,697 units) and 23% are renter-occupied (518 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Lambertville shows an unemployment rate of 3.2%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 2.6%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Lambertville have an average one-way commute time of 30.5 minutes.
Education & Demographics
69.5% of Lambertville 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 6.5% White, 0.4% Hispanic or Latino, 0.8% Black or African American, and 3.2% Asian residents, with 11.8% of the population being foreign-born.
Cost of Living in Lambertville, NJ
Compared to national averages, Lambertville has a median household income of $106,236 (41% above the national median of $75,149). Home values average $534,100, which is 118% above the national median. Monthly rent at $1,507 is 30% above the US average of $1,163. Within New Jersey, Lambertville's income is 8% below the state average of $115,667, and home values are 14% above the state median of $469,644.
Why Live in Lambertville, NJ?
Lambertville offers a strong local economy with a median household income of $106,236, well above the national average, and a strong job market with an unemployment rate of just 3.2%, and a well-educated community where 69.5% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 2.6%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $534,100. However, Lambertville’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Lambertville has a population of 4,141 with a median age of 59.2 years. Compare Lambertville with other cities to see how it stacks up, or explore all cities in New Jersey.
Similar Cities Near Lambertville
Cities in New Jersey with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Shrewsbury | 4,162 | $144,500 | $735,900 | Compare |
| The College of New Jersey | 4,103 | $8,493 | $0 | Compare |
| Riverdale | 4,084 | $96,667 | $384,500 | Compare |
| Leisure Village West | 4,070 | $60,309 | $203,700 | Compare |
| Ho-Ho-Kus | 4,230 | $250,001 | $1,032,800 | Compare |
| Silver Lake CDP (Essex County), New Jersey | 4,034 | $86,615 | $483,700 | Compare |
| Bradley Beach | 4,264 | $94,722 | $857,200 | Compare |
| Medford Lakes | 4,267 | $151,190 | $368,200 | 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 Lambertville With Other Cities
Frequently Asked Questions about Lambertville
What is the population of Lambertville, NJ?
The population of Lambertville, NJ is 4,141 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 Lambertville?
The median household income in Lambertville, NJ is $106,236 per year, which is 41% above the national median of $75,149.
What is the median home value in Lambertville?
The median home value in Lambertville, NJ is $534,100, which is 118% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Lambertville?
The median monthly rent in Lambertville, NJ is $1,507, which is 30% above the national average of $1,163/month.
What is the unemployment rate in Lambertville?
The unemployment rate in Lambertville, NJ is 3.2%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Lambertville, NJ a good place to live?
Lambertville offers above-average incomes, a competitive housing market, and a strong job market. With a population of 4,141 and a median age of 59.2, the city appeals to established professionals and retirees.
How educated is Lambertville, NJ?
69.5% of residents in Lambertville 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 Lambertville?
Key cost-of-living indicators for Lambertville, NJ: median home value is $534,100 (118% above national), median rent is $1,507/month, and median household income is $106,236. The home-value-to-income ratio is 5.0x, a moderate figure by national standards.
What is the poverty rate in Lambertville?
The poverty rate in Lambertville, NJ is 2.6%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Lambertville, NJ?
Lambertville's population is 6.5% White, 0.4% Hispanic or Latino, 0.8% Black or African American, 3.2% Asian, and 0.5% two or more races. 11.8% of residents are foreign-born.