Laurel Springs, NJ
Population 2,025 · New Jersey
About Laurel Springs, NJ
Laurel Springs is a small town located in New Jersey with a population of 2,025 residents according to the latest US Census Bureau American Community Survey data. The median household income is $120,795 per year, which is 61% above the national median of $75,149. The median age of 36.3 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Laurel Springs features a median home value of $254,600, which is 4% above the national median of $244,900. This positions Laurel Springs in a moderately priced market relative to the rest of the country. Median monthly rent is $1,090, 6% below the national average of $1,163/month. Of the 719 total housing units, 82% are owner-occupied (564 units) and 18% are renter-occupied (125 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Laurel Springs shows an unemployment rate of 4.7%, which is near the national rate of 3.7%. The poverty rate stands at 5.2%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Laurel Springs have an average one-way commute time of 29.4 minutes.
Education & Demographics
38.1% of Laurel Springs residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 1.2% White, 1.5% Hispanic or Latino, 2.8% Black or African American, and 1.0% Asian residents, with 5.4% of the population being foreign-born.
How Laurel Springs Ranks in New Jersey
Cost of Living in Laurel Springs, NJ
Compared to national averages, Laurel Springs has a median household income of $120,795 (61% above the national median of $75,149). Home values average $254,600, which is 4% above the national median. Monthly rent at $1,090 is 6% below the US average of $1,163. Within New Jersey, Laurel Springs's income is 4% above the state average of $115,667, and home values are 46% below the state median of $469,644.
Why Live in Laurel Springs, NJ?
Laurel Springs offers a strong local economy with a median household income of $120,795, well above the national average, and rent that’s lower than the national average at $1,090/month, and a well-educated community where 38.1% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 5.2%, better than the national average.
Laurel Springs has a population of 2,025 with a median age of 36.3 years. Compare Laurel Springs with other cities to see how it stacks up, or explore all cities in New Jersey.
Similar Cities Near Laurel Springs
Cities in New Jersey with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Byram Center | 2,018 | $122,639 | $349,300 | Compare |
| Middlebush | 2,017 | $178,125 | $475,500 | Compare |
| Belford | 2,039 | $121,406 | $491,100 | Compare |
| Erma | 2,039 | $93,674 | $378,000 | Compare |
| Marmora | 2,011 | $94,621 | $370,400 | Compare |
| Sussex | 2,004 | $72,601 | $258,400 | Compare |
| Franklinville | 1,999 | $117,847 | $259,100 | Compare |
| Seaside Heights | 1,992 | $58,988 | $376,700 | 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 Laurel Springs With Other Cities
Frequently Asked Questions about Laurel Springs
What is the population of Laurel Springs, NJ?
The population of Laurel Springs, NJ is 2,025 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 Laurel Springs?
The median household income in Laurel Springs, NJ is $120,795 per year, which is 61% above the national median of $75,149.
What is the median home value in Laurel Springs?
The median home value in Laurel Springs, NJ is $254,600, which is 4% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Laurel Springs?
The median monthly rent in Laurel Springs, NJ is $1,090, which is 6% below the national average of $1,163/month.
What is the unemployment rate in Laurel Springs?
The unemployment rate in Laurel Springs, NJ is 4.7%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Laurel Springs, NJ a good place to live?
Laurel Springs offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 2,025 and a median age of 36.3, the city appeals to a broad range of residents.
How educated is Laurel Springs, NJ?
38.1% of residents in Laurel Springs 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 Laurel Springs?
Key cost-of-living indicators for Laurel Springs, NJ: median home value is $254,600 (4% above national), median rent is $1,090/month, and median household income is $120,795. The home-value-to-income ratio is 2.1x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Laurel Springs?
The poverty rate in Laurel Springs, NJ is 5.2%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Laurel Springs, NJ?
Laurel Springs's population is 1.2% White, 1.5% Hispanic or Latino, 2.8% Black or African American, 1.0% Asian, and 5.5% two or more races. 5.4% of residents are foreign-born.