Newfoundland, NJ
Population 1,281 · New Jersey
About Newfoundland, NJ
Newfoundland is a small community in New Jersey with a population of 1,281 residents. The median household income is $127,674 per year, which is above the national average. The median age in Newfoundland is 49.8 years.
Housing in Newfoundland has a median home value of $439,600 and median monthly rent of $1,217. Of the 631 total housing units, the majority are owner-occupied, with 481 owner-occupied and 110 renter-occupied units.
The unemployment rate in Newfoundland is 0.0% and the poverty rate is 0.5%. 34.1% of residents hold a bachelor's degree or higher. The average commute time is 26.5 minutes.
Cost of Living in Newfoundland, NJ
Compared to national averages, Newfoundland has a median household income of $127,674 (70% above the national median of $75,149). Home values average $439,600, which is 80% above the national median. Monthly rent at $1,217 is 5% above the US average of $1,163. Within New Jersey, Newfoundland's income is 10% above the state average of $115,667, and home values are 6% below the state median of $469,644.
Why Live in Newfoundland, NJ?
Newfoundland offers a strong local economy with a median household income of $127,674, well above the national average, and a strong job market with an unemployment rate of just 0.0%, and a well-educated community where 34.1% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 0.5%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $439,600. However, Newfoundland’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Newfoundland has a population of 1,281 with a median age of 49.8 years. Compare Newfoundland with other cities to see how it stacks up, or explore all cities in New Jersey.
Similar Cities Near Newfoundland
Cities in New Jersey with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Brookside | 1,287 | $250,001 | $892,500 | Compare |
| Crandon Lakes | 1,258 | $92,434 | $279,500 | Compare |
| Milford | 1,306 | $88,295 | $304,100 | Compare |
| Dorothy | 1,255 | $104,102 | $306,900 | Compare |
| William Paterson University of New Jersey | 1,240 | $0 | $0 | Compare |
| Surf City | 1,225 | $118,333 | $967,900 | Compare |
| Springfield | 1,338 | $177,045 | $580,900 | Compare |
| Chesilhurst | 1,340 | $89,904 | $215,100 | 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.
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Frequently Asked Questions about Newfoundland
What is the population of Newfoundland, NJ?
The population of Newfoundland, NJ is 1,281 according to the latest Census data.
What is the median household income in Newfoundland?
The median household income in Newfoundland, NJ is $127,674 per year.
What is the median home value in Newfoundland?
The median home value in Newfoundland, NJ is $439,600.
What is the average rent in Newfoundland?
The median monthly rent in Newfoundland, NJ is $1,217.
What is the unemployment rate in Newfoundland?
The unemployment rate in Newfoundland, NJ is 0.0%.