Waretown, NJ
Population 1,894 · New Jersey
About Waretown, NJ
Waretown is a small community in New Jersey with a population of 1,894 residents. The median household income is $118,450 per year, which is above the national average. The median age in Waretown is 41.4 years.
Housing in Waretown has a median home value of $498,600 and median monthly rent of $0. Of the 852 total housing units, the majority are owner-occupied, with 610 owner-occupied and 117 renter-occupied units.
The unemployment rate in Waretown is 10.5% and the poverty rate is 4.1%. 33.7% of residents hold a bachelor's degree or higher. The average commute time is 46.1 minutes.
Cost of Living in Waretown, NJ
Compared to national averages, Waretown has a median household income of $118,450 (58% above the national median of $75,149). Home values average $498,600, which is 104% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within New Jersey, Waretown's income is 2% above the state average of $115,667, and home values are 6% above the state median of $469,644.
Why Live in Waretown, NJ?
Waretown offers a strong local economy with a median household income of $118,450, well above the national average, and rent that’s lower than the national average at $0/month, and a low poverty rate of 4.1%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $498,600. However, Waretown’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Waretown has a population of 1,894 with a median age of 41.4 years. Compare Waretown with other cities to see how it stacks up, or explore all cities in New Jersey.
Similar Cities Near Waretown
Cities in New Jersey with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Victory Gardens | 1,891 | $52,235 | $224,800 | Compare |
| Navesink | 1,904 | $145,708 | $695,300 | Compare |
| Allentown | 1,926 | $134,583 | $397,100 | Compare |
| Presidential Lakes Estates | 1,927 | $84,038 | $221,800 | Compare |
| Stonebridge | 1,932 | $119,732 | $608,400 | Compare |
| Upper Pohatcong | 1,851 | $101,338 | $238,400 | Compare |
| Brass Castle | 1,844 | $144,865 | $419,600 | Compare |
| Princeton Junction | 1,842 | $219,375 | $669,100 | 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 Waretown
What is the population of Waretown, NJ?
The population of Waretown, NJ is 1,894 according to the latest Census data.
What is the median household income in Waretown?
The median household income in Waretown, NJ is $118,450 per year.
What is the median home value in Waretown?
The median home value in Waretown, NJ is $498,600.
What is the average rent in Waretown?
The median monthly rent in Waretown, NJ is $0.
What is the unemployment rate in Waretown?
The unemployment rate in Waretown, NJ is 10.5%.