Lower Berkshire Valley, NJ
Population 532 · New Jersey
About Lower Berkshire Valley, NJ
Lower Berkshire Valley is a small community located in New Jersey with a population of 532 residents according to the latest US Census Bureau American Community Survey data. The median household income is $99,957 per year, which is 33% above the national median of $75,149. The median age of 52.8 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 Lower Berkshire Valley features a median home value of $392,000, which is 60% above the national median of $244,900. This places Lower Berkshire Valley in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 238 total housing units, 91% are owner-occupied (187 units) and 9% are renter-occupied (18 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Lower Berkshire Valley shows an unemployment rate of 5.7%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 6.4%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Lower Berkshire Valley have an average one-way commute time of 54.6 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
45.6% of Lower Berkshire Valley 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 6.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 1.5% of the population being foreign-born.
Cost of Living in Lower Berkshire Valley, NJ
Compared to national averages, Lower Berkshire Valley has a median household income of $99,957 (33% above the national median of $75,149). Home values average $392,000, which is 60% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within New Jersey, Lower Berkshire Valley's income is 14% below the state average of $115,667, and home values are 17% below the state median of $469,644.
Why Live in Lower Berkshire Valley, NJ?
Lower Berkshire Valley offers a strong local economy with a median household income of $99,957, well above the national average, and rent that’s lower than the national average at $0/month, and a well-educated community where 45.6% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 6.4%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $392,000. However, Lower Berkshire Valley’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Lower Berkshire Valley has a population of 532 with a median age of 52.8 years. Compare Lower Berkshire Valley with other cities to see how it stacks up, or explore all cities in New Jersey.
Similar Cities Near Lower Berkshire Valley
Cities in New Jersey with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Llewellyn Park | 536 | $179,333 | $1,293,800 | Compare |
| Pleasant Plains | 536 | $0 | $576,100 | Compare |
| Wrightstown | 522 | $52,222 | $224,000 | Compare |
| Cookstown | 521 | $110,938 | $369,600 | Compare |
| Rockleigh | 519 | $166,875 | $2,000,001 | Compare |
| South Seaville | 550 | $123,409 | $309,300 | Compare |
| Newport | 551 | $64,327 | $197,500 | Compare |
| Three Bridges | 564 | $0 | $525,900 | 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 Lower Berkshire Valley With Other Cities
Frequently Asked Questions about Lower Berkshire Valley
What is the population of Lower Berkshire Valley, NJ?
The population of Lower Berkshire Valley, NJ is 532 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in New Jersey.
What is the median household income in Lower Berkshire Valley?
The median household income in Lower Berkshire Valley, NJ is $99,957 per year, which is 33% above the national median of $75,149.
What is the median home value in Lower Berkshire Valley?
The median home value in Lower Berkshire Valley, NJ is $392,000, which is 60% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Lower Berkshire Valley?
The median monthly rent in Lower Berkshire Valley, NJ is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Lower Berkshire Valley?
The unemployment rate in Lower Berkshire Valley, NJ is 5.7%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Lower Berkshire Valley, NJ a good place to live?
Lower Berkshire Valley offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 532 and a median age of 52.8, the city appeals to established professionals and retirees.
How educated is Lower Berkshire Valley, NJ?
45.6% of residents in Lower Berkshire Valley 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 Lower Berkshire Valley?
Key cost-of-living indicators for Lower Berkshire Valley, NJ: median home value is $392,000 (60% above national), median rent is $0/month, and median household income is $99,957. The home-value-to-income ratio is 3.9x, a moderate figure by national standards.
What is the poverty rate in Lower Berkshire Valley?
The poverty rate in Lower Berkshire Valley, NJ is 6.4%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Lower Berkshire Valley, NJ?
Lower Berkshire Valley's population is 6.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 11.3% two or more races. 1.5% of residents are foreign-born.