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Hoboken city, New Jersey

City

Population: 58,340 (2023 estimate)

Located in New Jersey , New Jersey

Census Bureau data for Hoboken city 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.

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

Quick Facts — Hoboken city

What is the median household income in Hoboken city?
The median household income in Hoboken city is $176,943 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
What is the poverty rate in Hoboken city?
The poverty rate in Hoboken city is 1.9% (U.S. Census Bureau ACS 2023).
What is the median home value in Hoboken city?
$872,100 (U.S. Census Bureau ACS 2023).
What is the average rent in Hoboken city?
The median gross rent in Hoboken city is $2,819 per month (U.S. Census Bureau ACS 2023).
What percentage of Hoboken city residents have a college degree?
83.1% of adults in Hoboken city hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
58,340
Median Income
$176,943
Median Home Value
$872,100
Poverty Rate
1.9%
Unemployment (ACS 2023)
3.4%
Median Age
31.0 yrs
Since 2019 Median Income: +$29,323 (+19.9%) Home Value: +$151,400 (+21%) Poverty Rate: -2.6 pp (-57.8%) Bachelor's+: +2.6 pp (+3.2%) Unemployment: +0.4 pp (+13.3%)

Demographics

Total Population 58,340
Median Age 31.0
Female 50.4%
Race & Ethnicity
Hispanic or Latino 13.8% White (non-Hisp.) 64.8% Black 4.5% Asian 13.3% Two or More 10.9% Other 2.1%
Asian Subgroups (% of total pop.)
Indian
5.9%
Chinese
4.4%
Filipino
1.0%
Korean
0.8%
Vietnamese
0.2%
Japanese
0.2%
Hispanic Subgroups (% of total pop.)
Puerto Rican
5.2%
Mexican
1.3%
Cuban
0.7%

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

Income & Poverty

Median Household Income $176,943 ±$7,527
+$75,893 vs. state
Per Capita Income $242,700
Median Family Income $248,523
Poverty Rate 1.9%
-5.1 pp vs. state
Child Poverty Rate 3.1%
Working-Age Poverty Rate
SNAP Recipients 4.7%
Social Security Income
Retirement Income 9.6%
Household Income Distribution
< $10k
3.4%
$10–15k
2.8%
$15–25k
2.9%
$25–35k
2.7%
$35–50k
4.2%
$50–75k
5.9%
$75–100k
5.8%
$100–150k
14.2%
$150–200k
14.3%
$200k+
43.8%

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

Housing

Total Housing Units 29,985
Owner-Occupied 34.1%
Renter-Occupied 65.9%
Vacancy Rate 7.8%
Median Home Value $872,100
+$444,500 vs. state
Median Gross Rent $2,819
Owner Cost Burden (30%+) 18.3%
Renter Cost Burden (30%+) 22.1%
Home Value Distribution
< $50k
0.5%
$100–200k
0.2%
$200–300k
1.4%
$300–500k
9.6%
$500k–$1M
53.7%
$1M+
34.2%
Gross Rent Distribution
< $500
6.7%
$500–1k
5.2%
$1–1.5k
7.6%
$1.5–2k
10.9%
$2–2.5k
12.1%
$2.5–3.5k
11.8%
$3.5k+
45.7%
Vehicle Availability
No vehicle
33.6%
1 vehicle
56.2%
2 vehicles
8.6%
3+
1.5%
Housing Type
Single-fam. det.
1.4%
Single-fam. att.
3.1%
2–4 units
2.8%
5–19 units
20.5%
20+ units
47.5%
Housing Age
Pre-1940
33.2%
1940–1969
3.1%
1970–1999
6.2%
2000–2009
20.8%
2010+
10.2%

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

Education

High School or Higher 97.0%
Bachelor's or Higher 83.1%
+40.2 pp vs. state
Graduate Degree 33.0%
Some College / Associate 5.1%
Less Than High School 1.7%
Enrolled in School

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

Employment

Labor Force Participation 82.0%
Unemployment Rate 3.4%
-2.8 pp vs. state
Work from Home 34.2%
Self-Employed 3.4%
Government Workers 6.5%
Private For-Profit 89.9%
Industry
Prof. Services
25.5%
Finance
23.2%
Edu/Health
14.9%
Information
7.5%
Manufacturing
7.1%
Retail
6.5%
Arts/Entmt.
4.1%
Construction
2.6%
Wholesale
2.5%
Transportation
2.1%
Public Admin
1.7%
Agriculture
0.1%
Occupation
Management
74.2%
Sales
17.2%
Food Prep
4.2%
Production
3.5%
Construction
1.0%

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

Commute

Median Travel Time 37.3 min
Drove Alone 16.9%
Carpool 1.4%
Public Transit 37.6%
Work from Home 34.2%
Walked 7.9%
Bicycle

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

Households & Families

Total Households 27,654
Avg. Household Size 2.00
Avg. Family Size
Married-Couple Households 35.3%
Single-Mother Households
Single-Father Households
Living Alone
Households with Children 15.9%
Multigenerational

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

Age Distribution

Under 5
7.3%
5–9
4.0%
10–14
2.4%
15–19
3.9%
20–24
7.2%
25–34
35.4%
35–44
17.7%
45–54
9.4%
55–64
4.3%
65–74
2.5%
75–84
3.5%
85+
1.4%
Under 18: 15.0% Working age (18–64): 85.0% 65 and over: 5.8%

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

Social Characteristics

Immigration

Foreign Born 19.1%
Naturalized Citizen 51.3%
Speaks English Less Than Very Well 5.1%
Foreign-Born Origin
Asia
45.8%
Europe
27.0%
Latin America
18.6%
Africa
4.0%

Veterans & Disability

Veteran 1.0%
With a Disability 4.6%
Cognitive Difficulty
Ambulatory Difficulty

Health Insurance

Insured 96.9%
Uninsured 3.1%
Employer Insurance
Medicaid
Medicare

Technology & Mobility

Broadband Internet 95.7%
Has a Computer 96.9%
Same House 1 Year Ago 80.7%
Moved from Abroad 1.3%

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

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