Vernon Valley, NJ
Population 983 · New Jersey
About Vernon Valley, NJ
Vernon Valley is a small community located in New Jersey with a population of 983 residents according to the latest US Census Bureau American Community Survey data. The median household income is $123,707 per year, which is 65% above the national median of $75,149. The median age of 58.2 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 Vernon Valley features a median home value of $321,600, which is 31% above the national median of $244,900. This positions Vernon Valley in a moderately priced market relative to the rest of the country. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 426 total housing units, 100% are owner-occupied (426 units) and 0% are renter-occupied (0 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Vernon Valley shows an unemployment rate of 11.0%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 2.5%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Vernon Valley have an average one-way commute time of 36.6 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
32.0% of Vernon Valley 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, 0.3% Hispanic or Latino, 2.8% Black or African American, and 2.0% Asian residents, with 3.4% of the population being foreign-born.
Cost of Living in Vernon Valley, NJ
Compared to national averages, Vernon Valley has a median household income of $123,707 (65% above the national median of $75,149). Home values average $321,600, which is 31% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within New Jersey, Vernon Valley's income is 7% above the state average of $115,667, and home values are 32% below the state median of $469,644.
Why Live in Vernon Valley, NJ?
Vernon Valley offers a strong local economy with a median household income of $123,707, well above the national average, and rent that’s lower than the national average at $0/month, and a low poverty rate of 2.5%, better than the national average.
Vernon Valley has a population of 983 with a median age of 58.2 years. Compare Vernon Valley with other cities to see how it stacks up, or explore all cities in New Jersey.
Similar Cities Near Vernon Valley
Cities in New Jersey with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Hi-Nella | 984 | $75,227 | $235,800 | Compare |
| Flagtown | 985 | $220,677 | $650,200 | Compare |
| Crosswicks | 986 | $156,063 | $608,800 | Compare |
| Audubon Park | 979 | $53,333 | $93,800 | Compare |
| Germania | 974 | $123,360 | $284,500 | Compare |
| The Ponds | 995 | $70,825 | $338,800 | Compare |
| Far Hills | 1,004 | $152,188 | $798,900 | Compare |
| Ship Bottom | 1,009 | $111,250 | $910,000 | 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 Vernon Valley With Other Cities
Frequently Asked Questions about Vernon Valley
What is the population of Vernon Valley, NJ?
The population of Vernon Valley, NJ is 983 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 Vernon Valley?
The median household income in Vernon Valley, NJ is $123,707 per year, which is 65% above the national median of $75,149.
What is the median home value in Vernon Valley?
The median home value in Vernon Valley, NJ is $321,600, which is 31% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Vernon Valley?
The median monthly rent in Vernon Valley, NJ is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Vernon Valley?
The unemployment rate in Vernon Valley, NJ is 11.0%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Vernon Valley, NJ a good place to live?
Vernon Valley offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 983 and a median age of 58.2, the city appeals to established professionals and retirees.
How educated is Vernon Valley, NJ?
32.0% of residents in Vernon Valley 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 Vernon Valley?
Key cost-of-living indicators for Vernon Valley, NJ: median home value is $321,600 (31% above national), median rent is $0/month, and median household income is $123,707. The home-value-to-income ratio is 2.6x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Vernon Valley?
The poverty rate in Vernon Valley, NJ is 2.5%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Vernon Valley, NJ?
Vernon Valley's population is 0.0% White, 0.3% Hispanic or Latino, 2.8% Black or African American, 2.0% Asian, and 0.0% two or more races. 3.4% of residents are foreign-born.