Oaklyn, NJ
Population 3,934 · New Jersey
About Oaklyn, NJ
Oaklyn is a small town located in New Jersey with a population of 3,934 residents according to the latest US Census Bureau American Community Survey data. The median household income is $81,514 per year, which is 8% above the national median of $75,149. The median age of 39 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Oaklyn features a median home value of $245,000, which is 0% above the national median of $244,900. This positions Oaklyn in a moderately priced market relative to the rest of the country. Median monthly rent is $1,166, 0% above the national average of $1,163/month. Of the 1,829 total housing units, 63% are owner-occupied (1,115 units) and 37% are renter-occupied (661 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Oaklyn shows an unemployment rate of 2.6%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 7.1%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Oaklyn have an average one-way commute time of 27.3 minutes.
Education & Demographics
42.4% of Oaklyn 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 0.0% White, 0.6% Hispanic or Latino, 4.7% Black or African American, and 2.0% Asian residents, with 3.3% of the population being foreign-born.
How Oaklyn Ranks in New Jersey
Cost of Living in Oaklyn, NJ
Compared to national averages, Oaklyn has a median household income of $81,514 (8% above the national median of $75,149). Home values average $245,000, which is 0% above the national median. Monthly rent at $1,166 is 0% above the US average of $1,163. Within New Jersey, Oaklyn's income is 30% below the state average of $115,667, and home values are 48% below the state median of $469,644.
Why Live in Oaklyn, NJ?
Oaklyn offers a strong local economy with a median household income of $81,514, well above the national average, and a strong job market with an unemployment rate of just 2.6%, and a well-educated community where 42.4% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 7.1%, better than the national average.
Oaklyn has a population of 3,934 with a median age of 39 years. Compare Oaklyn with other cities to see how it stacks up, or explore all cities in New Jersey.
Similar Cities Near Oaklyn
Cities in New Jersey with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Highland Lakes | 3,941 | $129,500 | $291,200 | Compare |
| Lawrenceville | 3,947 | $118,482 | $413,600 | Compare |
| Fairview | 3,950 | $170,395 | $595,000 | Compare |
| Great Notch | 3,898 | $151,705 | $556,300 | Compare |
| Singac | 3,987 | $116,136 | $416,200 | Compare |
| Bordentown | 4,006 | $91,208 | $322,300 | Compare |
| Silver Lake CDP (Essex County), New Jersey | 4,034 | $86,615 | $483,700 | Compare |
| Merchantville | 3,815 | $91,607 | $316,300 | 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 Oaklyn With Other Cities
Frequently Asked Questions about Oaklyn
What is the population of Oaklyn, NJ?
The population of Oaklyn, NJ is 3,934 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 Oaklyn?
The median household income in Oaklyn, NJ is $81,514 per year, which is 8% above the national median of $75,149.
What is the median home value in Oaklyn?
The median home value in Oaklyn, NJ is $245,000, which is 0% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Oaklyn?
The median monthly rent in Oaklyn, NJ is $1,166, which is 0% above the national average of $1,163/month.
What is the unemployment rate in Oaklyn?
The unemployment rate in Oaklyn, NJ is 2.6%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Oaklyn, NJ a good place to live?
Oaklyn offers above-average incomes, a competitive housing market, and a strong job market. With a population of 3,934 and a median age of 39, the city appeals to a broad range of residents.
How educated is Oaklyn, NJ?
42.4% of residents in Oaklyn 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 Oaklyn?
Key cost-of-living indicators for Oaklyn, NJ: median home value is $245,000 (0% above national), median rent is $1,166/month, and median household income is $81,514. The home-value-to-income ratio is 3.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Oaklyn?
The poverty rate in Oaklyn, NJ is 7.1%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Oaklyn, NJ?
Oaklyn's population is 0.0% White, 0.6% Hispanic or Latino, 4.7% Black or African American, 2.0% Asian, and 4.1% two or more races. 3.3% of residents are foreign-born.