CensusDepth
Home / Cities / New Jersey / Folsom borough

Folsom borough, New Jersey

City

Population: 1,732 (2023 estimate)

Located in New Jersey , New Jersey

Census Bureau data for Folsom borough from the American Community Survey. "Cities" in Census data include incorporated places, towns, villages, and census-designated places (CDPs) — all places where the Census collects community-level estimates.

← Cities in New Jersey New Jersey →

Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).

Quick Facts — Folsom borough

What is the median household income in Folsom borough?
The median household income in Folsom borough is $112,857 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
What is the poverty rate in Folsom borough?
The poverty rate in Folsom borough is 3.0% (U.S. Census Bureau ACS 2023).
What is the median home value in Folsom borough?
$247,900 (U.S. Census Bureau ACS 2023).
What is the average rent in Folsom borough?
The median gross rent in Folsom borough is $1,701 per month (U.S. Census Bureau ACS 2023).
What percentage of Folsom borough residents have a college degree?
29.7% of adults in Folsom borough hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
1,732
Median Income
$112,857
Median Home Value
$247,900
Poverty Rate
3.0%
Unemployment (ACS 2023)
9.1%
Median Age
43.0 yrs
Since 2019 Median Income: +$36,428 (+47.7%) Home Value: +$68,500 (+38.2%) Poverty Rate: -3.2 pp (-51.6%) Bachelor's+: +7.0 pp (+30.8%) Unemployment: +2.1 pp (+30%)

Demographics

Total Population 1,732
Median Age 43.0
Female 48.8%
Race & Ethnicity
Hispanic or Latino 10.0% White (non-Hisp.) 85.7% Black 0.9% Asian 0.1% Two or More 6.6% Other 5.7%
Hispanic Subgroups (% of total pop.)
Puerto Rican
4.3%
Mexican
3.5%
Cuban
0.3%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Income & Poverty

Median Household Income $112,857 ±$14,410
+$11,807 vs. state
Per Capita Income $140,188
Median Family Income $119,291
Poverty Rate 3.0%
-4.0 pp vs. state
Child Poverty Rate 6.2%
Working-Age Poverty Rate —
SNAP Recipients 7.1%
Social Security Income —
Retirement Income 32.9%
Household Income Distribution
< $10k
2.6%
$10–15k
1.1%
$15–25k
3.8%
$25–35k
4.2%
$35–50k
8.0%
$50–75k
11.3%
$75–100k
14.4%
$100–150k
26.3%
$150–200k
12.1%
$200k+
16.3%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Housing

Total Housing Units 686
Owner-Occupied 92.3%
Renter-Occupied 7.7%
Vacancy Rate 3.5%
Median Home Value $247,900
-$179,700 vs. state
Median Gross Rent $1,701
Owner Cost Burden (30%+) 10.1%
Renter Cost Burden (30%+) 58.1%
Home Value Distribution
< $50k
2.1%
$50–100k
0.8%
$100–200k
3.8%
$200–300k
43.9%
$300–500k
22.6%
$500k–$1M
6.7%
$1M+
1.3%
Vehicle Availability
No vehicle
2.6%
1 vehicle
22.7%
2 vehicles
46.2%
3+
28.5%
Housing Type
Single-fam. det.
97.1%
Single-fam. att.
1.3%
2–4 units
1.6%
Housing Age
Pre-1940
9.5%
1940–1969
1.9%
1970–1999
33.4%
2000–2009
5.4%
2010+
2.8%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Education

High School or Higher 90.6%
Bachelor's or Higher 29.7%
-13.2 pp vs. state
Graduate Degree 13.3%
Some College / Associate 15.9%
Less Than High School 4.7%
Enrolled in School —

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Employment

Labor Force Participation 69.0%
Unemployment Rate 9.1%
+2.9 pp vs. state
Work from Home 7.9%
Self-Employed 3.0%
Government Workers 24.5%
Private For-Profit 72.5%
Industry
Edu/Health
27.6%
Construction
14.6%
Retail
11.3%
Arts/Entmt.
10.2%
Prof. Services
7.2%
Finance
6.4%
Public Admin
5.7%
Transportation
5.3%
Manufacturing
5.1%
Agriculture
1.6%
Wholesale
1.4%
Occupation
Management
43.6%
Sales
18.3%
Food Prep
16.6%
Production
11.9%
Construction
9.6%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Commute

Median Travel Time 34.6 min
Drove Alone 82.9%
Carpool 8.3%
Public Transit 0.9%
Work from Home 7.9%
Walked 0.0%
Bicycle —

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Households & Families

Total Households 662
Avg. Household Size 2.00
Avg. Family Size —
Married-Couple Households 57.9%
Single-Mother Households —
Single-Father Households —
Living Alone —
Households with Children 17.2%
Multigenerational —

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Age Distribution

Under 5
3.4%
5–9
5.4%
10–14
5.8%
15–19
6.4%
20–24
5.6%
25–34
14.1%
35–44
12.1%
45–54
16.2%
55–64
5.9%
65–74
6.9%
75–84
13.6%
85+
3.4%
Under 18: 18.6% Working age (18–64): 81.4% 65 and over: 18.1%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Social Characteristics

Immigration

Foreign Born 2.5%
Naturalized Citizen 38.6%
Speaks English Less Than Very Well 3.0%
Foreign-Born Origin
Latin America
88.6%
Europe
11.4%

Veterans & Disability

Veteran 7.0%
With a Disability 13.2%
Cognitive Difficulty —
Ambulatory Difficulty —

Health Insurance

Insured 94.2%
Uninsured 5.8%
Employer Insurance —
Medicaid —
Medicare —

Technology & Mobility

Broadband Internet 90.6%
Has a Computer 95.6%
Same House 1 Year Ago 94.3%
Moved from Abroad 0.0%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Compare Folsom borough

Compare to another city →

Trends 2017–2023

Income Poverty Home Values Rent Homeownership Education Unemployment Commute Time Work From Home Foreign-Born Uninsured