Little Silver, NJ
Population 6,096 · New Jersey
About Little Silver, NJ
Little Silver is a small town located in New Jersey with a population of 6,096 residents according to the latest US Census Bureau American Community Survey data. The median household income is $220,746 per year, which is 194% above the national median of $75,149. The median age of 46.8 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 Little Silver features a median home value of $870,700, which is 256% above the national median of $244,900. This places Little Silver 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 2,352 total housing units, 96% are owner-occupied (2,155 units) and 4% are renter-occupied (97 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Little Silver shows an unemployment rate of 3.1%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 2.4%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Little Silver have an average one-way commute time of 36.3 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
79.8% of Little Silver 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, 0.0% Hispanic or Latino, 0.3% Black or African American, and 1.2% Asian residents, with 3.9% of the population being foreign-born.
How Little Silver Ranks in New Jersey
Cost of Living in Little Silver, NJ
Compared to national averages, Little Silver has a median household income of $220,746 (194% above the national median of $75,149). Home values average $870,700, which is 256% above the national median. Monthly rent at $3,501 is 201% above the US average of $1,163. Within New Jersey, Little Silver's income is 91% above the state average of $115,667, and home values are 85% above the state median of $469,644.
Why Live in Little Silver, NJ?
Little Silver offers a strong local economy with a median household income of $220,746, well above the national average, and a strong job market with an unemployment rate of just 3.1%, and a well-educated community where 79.8% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 2.4%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $870,700. However, Little Silver’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Little Silver has a population of 6,096 with a median age of 46.8 years. Compare Little Silver with other cities to see how it stacks up, or explore all cities in New Jersey.
Similar Cities Near Little Silver
Cities in New Jersey with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Woodcliff Lake | 6,097 | $211,233 | $901,800 | Compare |
| Packanack Lake | 6,126 | $196,343 | $594,000 | Compare |
| Laurence Harbor | 6,130 | $89,500 | $327,900 | Compare |
| Oceanport | 6,130 | $156,196 | $685,800 | Compare |
| Pine Brook | 6,017 | $146,543 | $686,300 | Compare |
| Mays Landing | 6,178 | $80,777 | $236,500 | Compare |
| Fair Haven | 6,182 | $237,132 | $943,300 | Compare |
| Bridgewater Center | 6,198 | $201,250 | $649,900 | 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 Little Silver With Other Cities
Frequently Asked Questions about Little Silver
What is the population of Little Silver, NJ?
The population of Little Silver, NJ is 6,096 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 Little Silver?
The median household income in Little Silver, NJ is $220,746 per year, which is 194% above the national median of $75,149.
What is the median home value in Little Silver?
The median home value in Little Silver, NJ is $870,700, which is 256% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Little Silver?
The median monthly rent in Little Silver, NJ is $3,501, which is 201% above the national average of $1,163/month.
What is the unemployment rate in Little Silver?
The unemployment rate in Little Silver, NJ is 3.1%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Little Silver, NJ a good place to live?
Little Silver offers above-average incomes, a competitive housing market, and a strong job market. With a population of 6,096 and a median age of 46.8, the city appeals to established professionals and retirees.
How educated is Little Silver, NJ?
79.8% of residents in Little Silver 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 Little Silver?
Key cost-of-living indicators for Little Silver, NJ: median home value is $870,700 (256% above national), median rent is $3,501/month, and median household income is $220,746. The home-value-to-income ratio is 3.9x, a moderate figure by national standards.
What is the poverty rate in Little Silver?
The poverty rate in Little Silver, NJ is 2.4%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Little Silver, NJ?
Little Silver's population is 0.0% White, 0.0% Hispanic or Latino, 0.3% Black or African American, 1.2% Asian, and 0.0% two or more races. 3.9% of residents are foreign-born.