Neshanic, NJ
Population 625 · New Jersey
About Neshanic, NJ
Neshanic is a small community located in New Jersey with a population of 625 residents according to the latest US Census Bureau American Community Survey data. The median household income is $145,592 per year, which is 94% above the national median of $75,149. The median age of 63.3 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 Neshanic features a median home value of $516,400, which is 111% above the national median of $244,900. This places Neshanic 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 228 total housing units, 100% are owner-occupied (219 units) and 0% are renter-occupied (0 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Neshanic shows an unemployment rate of 4.6%, which is near the national rate of 3.7%. The poverty rate stands at 0.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Neshanic have an average one-way commute time of 34.9 minutes.
Education & Demographics
47.1% of Neshanic 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, 4.3% Hispanic or Latino, 0.8% Black or African American, and 4.3% Asian residents, with 6.1% of the population being foreign-born.
Cost of Living in Neshanic, NJ
Compared to national averages, Neshanic has a median household income of $145,592 (94% above the national median of $75,149). Home values average $516,400, which is 111% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within New Jersey, Neshanic's income is 26% above the state average of $115,667, and home values are 10% above the state median of $469,644.
Why Live in Neshanic, NJ?
Neshanic offers a strong local economy with a median household income of $145,592, well above the national average, and rent that’s lower than the national average at $0/month, and a well-educated community where 47.1% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 0.0%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $516,400. However, Neshanic’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Neshanic has a population of 625 with a median age of 63.3 years. Compare Neshanic with other cities to see how it stacks up, or explore all cities in New Jersey.
Similar Cities Near Neshanic
Cities in New Jersey with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Nesco | 626 | $0 | $378,600 | Compare |
| Anderson | 618 | $85,655 | $261,900 | Compare |
| Deal | 632 | $77,679 | $1,329,500 | Compare |
| Cedarville | 636 | $39,816 | $161,400 | Compare |
| Lopatcong Overlook | 612 | $71,432 | $194,000 | Compare |
| Renaissance at Monroe | 643 | $99,615 | $475,800 | Compare |
| Millstone | 606 | $139,209 | $486,200 | Compare |
| East Millstone | 653 | $250,001 | $668,400 | 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 Neshanic With Other Cities
Frequently Asked Questions about Neshanic
What is the population of Neshanic, NJ?
The population of Neshanic, NJ is 625 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 Neshanic?
The median household income in Neshanic, NJ is $145,592 per year, which is 94% above the national median of $75,149.
What is the median home value in Neshanic?
The median home value in Neshanic, NJ is $516,400, which is 111% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Neshanic?
The median monthly rent in Neshanic, NJ is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Neshanic?
The unemployment rate in Neshanic, NJ is 4.6%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Neshanic, NJ a good place to live?
Neshanic offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 625 and a median age of 63.3, the city appeals to established professionals and retirees.
How educated is Neshanic, NJ?
47.1% of residents in Neshanic 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 Neshanic?
Key cost-of-living indicators for Neshanic, NJ: median home value is $516,400 (111% above national), median rent is $0/month, and median household income is $145,592. The home-value-to-income ratio is 3.5x, a moderate figure by national standards.
What is the poverty rate in Neshanic?
The poverty rate in Neshanic, NJ is 0.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Neshanic, NJ?
Neshanic's population is 0.0% White, 4.3% Hispanic or Latino, 0.8% Black or African American, 4.3% Asian, and 3.4% two or more races. 6.1% of residents are foreign-born.