Lebanon, NJ
Population 1,664 · New Jersey
About Lebanon, NJ
Lebanon is a small town located in New Jersey with a population of 1,664 residents according to the latest US Census Bureau American Community Survey data. The median household income is $108,672 per year, which is 45% above the national median of $75,149. The median age of 47.7 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 Lebanon features a median home value of $377,300, which is 54% above the national median of $244,900. This places Lebanon in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,993, 71% above the national average of $1,163/month. Of the 802 total housing units, 55% are owner-occupied (429 units) and 45% are renter-occupied (356 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Lebanon shows an unemployment rate of 2.8%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 5.1%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Lebanon have an average one-way commute time of 36.4 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
57.8% of Lebanon 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, 0.4% Hispanic or Latino, 2.5% Black or African American, and 2.4% Asian residents, with 27.9% of the population being foreign-born.
Cost of Living in Lebanon, NJ
Compared to national averages, Lebanon has a median household income of $108,672 (45% above the national median of $75,149). Home values average $377,300, which is 54% above the national median. Monthly rent at $1,993 is 71% above the US average of $1,163. Within New Jersey, Lebanon's income is 6% below the state average of $115,667, and home values are 20% below the state median of $469,644.
Why Live in Lebanon, NJ?
Lebanon offers a strong local economy with a median household income of $108,672, well above the national average, and a strong job market with an unemployment rate of just 2.8%, and a well-educated community where 57.8% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 5.1%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $377,300. However, Lebanon’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Lebanon has a population of 1,664 with a median age of 47.7 years. Compare Lebanon with other cities to see how it stacks up, or explore all cities in New Jersey.
Similar Cities Near Lebanon
Cities in New Jersey with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Lake Como | 1,660 | $83,056 | $614,500 | Compare |
| Sea Bright | 1,657 | $127,738 | $815,400 | Compare |
| Cedar Glen West | 1,654 | $66,313 | $67,400 | Compare |
| Olivet | 1,647 | $122,193 | $299,000 | Compare |
| Island Heights | 1,691 | $107,308 | $492,600 | Compare |
| Glen Gardner | 1,702 | $98,750 | $280,000 | Compare |
| Port Norris | 1,702 | $42,635 | $120,100 | Compare |
| Estell Manor | 1,612 | $107,417 | $288,200 | 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 Lebanon With Other Cities
Frequently Asked Questions about Lebanon
What is the population of Lebanon, NJ?
The population of Lebanon, NJ is 1,664 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 Lebanon?
The median household income in Lebanon, NJ is $108,672 per year, which is 45% above the national median of $75,149.
What is the median home value in Lebanon?
The median home value in Lebanon, NJ is $377,300, which is 54% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Lebanon?
The median monthly rent in Lebanon, NJ is $1,993, which is 71% above the national average of $1,163/month.
What is the unemployment rate in Lebanon?
The unemployment rate in Lebanon, NJ is 2.8%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Lebanon, NJ a good place to live?
Lebanon offers above-average incomes, a competitive housing market, and a strong job market. With a population of 1,664 and a median age of 47.7, the city appeals to established professionals and retirees.
How educated is Lebanon, NJ?
57.8% of residents in Lebanon 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 Lebanon?
Key cost-of-living indicators for Lebanon, NJ: median home value is $377,300 (54% above national), median rent is $1,993/month, and median household income is $108,672. The home-value-to-income ratio is 3.5x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Lebanon?
The poverty rate in Lebanon, NJ is 5.1%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Lebanon, NJ?
Lebanon's population is 0.0% White, 0.4% Hispanic or Latino, 2.5% Black or African American, 2.4% Asian, and 0.5% two or more races. 27.9% of residents are foreign-born.