Lavallette, NJ
Population 1,836 · New Jersey
About Lavallette, NJ
Lavallette is a small town located in New Jersey with a population of 1,836 residents according to the latest US Census Bureau American Community Survey data. The median household income is $120,938 per year, which is 61% above the national median of $75,149. The median age of 61.4 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 Lavallette features a median home value of $1,045,200, which is 327% above the national median of $244,900. This places Lavallette in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $3,501, 201% above the national average of $1,163/month. Of the 2,980 total housing units, 82% are owner-occupied (731 units) and 18% are renter-occupied (161 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Lavallette shows an unemployment rate of 1.7%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 2.9%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Lavallette have an average one-way commute time of 39.3 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
56.3% of Lavallette 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 0.0% White, 0.3% Hispanic or Latino, 0.8% Black or African American, and 1.1% Asian residents, with 3.3% of the population being foreign-born.
How Lavallette Ranks in New Jersey
Cost of Living in Lavallette, NJ
Compared to national averages, Lavallette has a median household income of $120,938 (61% above the national median of $75,149). Home values average $1,045,200, which is 327% above the national median. Monthly rent at $3,501 is 201% above the US average of $1,163. Within New Jersey, Lavallette's income is 5% above the state average of $115,667, and home values are 123% above the state median of $469,644.
Why Live in Lavallette, NJ?
Lavallette offers a strong local economy with a median household income of $120,938, well above the national average, and a strong job market with an unemployment rate of just 1.7%, and a well-educated community where 56.3% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 2.9%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $1,045,200. However, Lavallette’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Lavallette has a population of 1,836 with a median age of 61.4 years. Compare Lavallette with other cities to see how it stacks up, or explore all cities in New Jersey.
Similar Cities Near Lavallette
Cities in New Jersey with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Princeton Junction | 1,842 | $219,375 | $669,100 | Compare |
| Brass Castle | 1,844 | $144,865 | $419,600 | Compare |
| Hopewell | 1,828 | $142,396 | $561,900 | Compare |
| Upper Pohatcong | 1,851 | $101,338 | $238,400 | Compare |
| Newfield | 1,811 | $105,000 | $238,600 | Compare |
| Seaside Park | 1,804 | $83,333 | $873,700 | Compare |
| Avon-by-the-Sea | 1,801 | $109,113 | $1,349,000 | Compare |
| Liberty Corner | 1,789 | $213,094 | $964,800 | 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 Lavallette With Other Cities
Frequently Asked Questions about Lavallette
What is the population of Lavallette, NJ?
The population of Lavallette, NJ is 1,836 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 Lavallette?
The median household income in Lavallette, NJ is $120,938 per year, which is 61% above the national median of $75,149.
What is the median home value in Lavallette?
The median home value in Lavallette, NJ is $1,045,200, which is 327% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Lavallette?
The median monthly rent in Lavallette, NJ is $3,501, which is 201% above the national average of $1,163/month.
What is the unemployment rate in Lavallette?
The unemployment rate in Lavallette, NJ is 1.7%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Lavallette, NJ a good place to live?
Lavallette offers above-average incomes, a competitive housing market, and a strong job market. With a population of 1,836 and a median age of 61.4, the city appeals to established professionals and retirees.
How educated is Lavallette, NJ?
56.3% of residents in Lavallette 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 Lavallette?
Key cost-of-living indicators for Lavallette, NJ: median home value is $1,045,200 (327% above national), median rent is $3,501/month, and median household income is $120,938. The home-value-to-income ratio is 8.6x, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Lavallette?
The poverty rate in Lavallette, NJ is 2.9%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Lavallette, NJ?
Lavallette's population is 0.0% White, 0.3% Hispanic or Latino, 0.8% Black or African American, 1.1% Asian, and 0.0% two or more races. 3.3% of residents are foreign-born.