Strathmore, NJ
Population 6,593 · New Jersey
About Strathmore, NJ
Strathmore is a small town located in New Jersey with a population of 6,593 residents according to the latest US Census Bureau American Community Survey data. The median household income is $155,048 per year, which is 106% above the national median of $75,149. The median age of 42.8 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 Strathmore features a median home value of $503,600, which is 106% above the national median of $244,900. This places Strathmore in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,497, 29% above the national average of $1,163/month. Of the 2,522 total housing units, 88% are owner-occupied (2,186 units) and 12% are renter-occupied (293 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Strathmore shows an unemployment rate of 5.4%, which is near the national rate of 3.7%. The poverty rate stands at 2.8%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Strathmore have an average one-way commute time of 38.5 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
65.3% of Strathmore 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, 0.2% Hispanic or Latino, 0.3% Black or African American, and 4.3% Asian residents, with 13.2% of the population being foreign-born.
Cost of Living in Strathmore, NJ
Compared to national averages, Strathmore has a median household income of $155,048 (106% above the national median of $75,149). Home values average $503,600, which is 106% above the national median. Monthly rent at $1,497 is 29% above the US average of $1,163. Within New Jersey, Strathmore's income is 34% above the state average of $115,667, and home values are 7% above the state median of $469,644.
Why Live in Strathmore, NJ?
Strathmore offers a strong local economy with a median household income of $155,048, well above the national average, and a well-educated community where 65.3% of residents hold a bachelor’s degree or higher, and a low poverty rate of 2.8%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $503,600. However, Strathmore’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Strathmore has a population of 6,593 with a median age of 42.8 years. Compare Strathmore with other cities to see how it stacks up, or explore all cities in New Jersey.
Similar Cities Near Strathmore
Cities in New Jersey with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Rockaway | 6,589 | $100,028 | $427,800 | Compare |
| North Caldwell | 6,622 | $203,140 | $906,100 | Compare |
| Ramblewood | 6,542 | $110,130 | $376,900 | Compare |
| Green Knoll | 6,664 | $156,630 | $581,600 | Compare |
| Heathcote | 6,689 | $127,391 | $563,500 | Compare |
| Watchung | 6,429 | $166,536 | $833,300 | Compare |
| Belle Mead | 6,772 | $219,215 | $777,600 | Compare |
| Ramtown | 6,410 | $138,967 | $452,500 | 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 Strathmore With Other Cities
Frequently Asked Questions about Strathmore
What is the population of Strathmore, NJ?
The population of Strathmore, NJ is 6,593 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 Strathmore?
The median household income in Strathmore, NJ is $155,048 per year, which is 106% above the national median of $75,149.
What is the median home value in Strathmore?
The median home value in Strathmore, NJ is $503,600, which is 106% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Strathmore?
The median monthly rent in Strathmore, NJ is $1,497, which is 29% above the national average of $1,163/month.
What is the unemployment rate in Strathmore?
The unemployment rate in Strathmore, NJ is 5.4%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Strathmore, NJ a good place to live?
Strathmore offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 6,593 and a median age of 42.8, the city appeals to a broad range of residents.
How educated is Strathmore, NJ?
65.3% of residents in Strathmore 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 Strathmore?
Key cost-of-living indicators for Strathmore, NJ: median home value is $503,600 (106% above national), median rent is $1,497/month, and median household income is $155,048. The home-value-to-income ratio is 3.2x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Strathmore?
The poverty rate in Strathmore, NJ is 2.8%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Strathmore, NJ?
Strathmore's population is 0.0% White, 0.2% Hispanic or Latino, 0.3% Black or African American, 4.3% Asian, and 2.4% two or more races. 13.2% of residents are foreign-born.