Mystic Island, NJ
Population 7,616 · New Jersey
About Mystic Island, NJ
Mystic Island is a small town located in New Jersey with a population of 7,616 residents according to the latest US Census Bureau American Community Survey data. The median household income is $71,917 per year, which is 4% below the national median of $75,149. The median age of 56.8 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 Mystic Island features a median home value of $290,000, which is 18% above the national median of $244,900. This positions Mystic Island in a moderately priced market relative to the rest of the country. Median monthly rent is $1,786, 54% above the national average of $1,163/month. Of the 4,995 total housing units, 89% are owner-occupied (3,065 units) and 11% are renter-occupied (360 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Mystic Island shows an unemployment rate of 4.2%, which is near the national rate of 3.7%. The poverty rate stands at 16.4%, above the national average of 12.4%. Workers in Mystic Island have an average one-way commute time of 39.3 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
24.4% of Mystic Island 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 3.4% White, 1.2% Hispanic or Latino, 3.2% Black or African American, and 1.2% Asian residents, with 2.8% of the population being foreign-born.
Cost of Living in Mystic Island, NJ
Compared to national averages, Mystic Island has a median household income of $71,917 (4% below the national median of $75,149). Home values average $290,000, which is 18% above the national median. Monthly rent at $1,786 is 54% above the US average of $1,163. Within New Jersey, Mystic Island's income is 38% below the state average of $115,667, and home values are 38% below the state median of $469,644.
Why Live in Mystic Island, NJ?
Potential considerations include median household income ($71,917) that falls below the national average. However, Mystic Island’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Mystic Island has a population of 7,616 with a median age of 56.8 years. Compare Mystic Island with other cities to see how it stacks up, or explore all cities in New Jersey.
Similar Cities Near Mystic Island
Cities in New Jersey with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Bloomingdale | 7,686 | $126,221 | $398,000 | Compare |
| Brigantine | 7,702 | $88,906 | $485,000 | Compare |
| Dunellen | 7,711 | $84,789 | $380,200 | Compare |
| Fanwood | 7,714 | $176,667 | $610,600 | Compare |
| Berlin | 7,503 | $101,008 | $310,000 | Compare |
| Haddon Heights | 7,488 | $126,055 | $354,700 | Compare |
| Palmyra | 7,447 | $85,014 | $216,600 | Compare |
| Glen Ridge | 7,827 | $248,016 | $730,600 | 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 Mystic Island With Other Cities
Frequently Asked Questions about Mystic Island
What is the population of Mystic Island, NJ?
The population of Mystic Island, NJ is 7,616 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 Mystic Island?
The median household income in Mystic Island, NJ is $71,917 per year, which is 4% below the national median of $75,149.
What is the median home value in Mystic Island?
The median home value in Mystic Island, NJ is $290,000, which is 18% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Mystic Island?
The median monthly rent in Mystic Island, NJ is $1,786, which is 54% above the national average of $1,163/month.
What is the unemployment rate in Mystic Island?
The unemployment rate in Mystic Island, NJ is 4.2%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Mystic Island, NJ a good place to live?
Mystic Island offers a moderate cost of living, a competitive housing market, and growing employment opportunities. With a population of 7,616 and a median age of 56.8, the city appeals to established professionals and retirees.
How educated is Mystic Island, NJ?
24.4% of residents in Mystic Island aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Mystic Island?
Key cost-of-living indicators for Mystic Island, NJ: median home value is $290,000 (18% above national), median rent is $1,786/month, and median household income is $71,917. The home-value-to-income ratio is 4.0x, a moderate figure by national standards.
What is the poverty rate in Mystic Island?
The poverty rate in Mystic Island, NJ is 16.4%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Mystic Island, NJ?
Mystic Island's population is 3.4% White, 1.2% Hispanic or Latino, 3.2% Black or African American, 1.2% Asian, and 2.5% two or more races. 2.8% of residents are foreign-born.