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Preakness CDP, New Jersey

City

Population: 18,538 (2023 estimate)

Located in New Jersey , New Jersey

Census Bureau data for Preakness CDP 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 — Preakness CDP

What is the median household income in Preakness CDP?
The median household income in Preakness CDP is $133,168 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
What is the poverty rate in Preakness CDP?
The poverty rate in Preakness CDP is 1.6% (U.S. Census Bureau ACS 2023).
What is the median home value in Preakness CDP?
$603,200 (U.S. Census Bureau ACS 2023).
What is the average rent in Preakness CDP?
The median gross rent in Preakness CDP is $1,946 per month (U.S. Census Bureau ACS 2023).
What percentage of Preakness CDP residents have a college degree?
58.4% of adults in Preakness CDP hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
18,538
Median Income
$133,168
Median Home Value
$603,200
Poverty Rate
1.6%
Unemployment (ACS 2023)
4.6%
Median Age
41.0 yrs

Demographics

Total Population 18,538
Median Age 41.0
Female 49.8%
Race & Ethnicity
Hispanic or Latino 13.4% White (non-Hisp.) 71.3% Black 2.6% Asian 11.4% Two or More 5.7% Other 5.3%
Asian Subgroups (% of total pop.)
Indian
6.2%
Chinese
1.6%
Korean
1.3%
Filipino
0.8%
Japanese
0.3%
Vietnamese
0.1%
Hispanic Subgroups (% of total pop.)
Puerto Rican
2.2%
Cuban
1.7%

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

Income & Poverty

Median Household Income $133,168 ±$19,296
+$32,118 vs. state
Per Capita Income $178,012
Median Family Income $168,801
Poverty Rate 1.6%
-5.4 pp vs. state
Child Poverty Rate 1.7%
Working-Age Poverty Rate —
SNAP Recipients 5.9%
Social Security Income —
Retirement Income 27.7%
Household Income Distribution
< $10k
4.5%
$10–15k
2.3%
$15–25k
3.4%
$25–35k
6.7%
$35–50k
4.7%
$50–75k
8.4%
$75–100k
8.7%
$100–150k
17.3%
$150–200k
15.3%
$200k+
28.6%

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

Housing

Total Housing Units 6,906
Owner-Occupied 70.0%
Renter-Occupied 30.0%
Vacancy Rate 2.5%
Median Home Value $603,200
+$175,600 vs. state
Median Gross Rent $1,946
Owner Cost Burden (30%+) 22.0%
Renter Cost Burden (30%+) 39.1%
Home Value Distribution
< $50k
0.6%
$50–100k
0.2%
$100–200k
0.2%
$200–300k
7.4%
$300–500k
18.9%
$500k–$1M
70.3%
$1M+
1.5%
Gross Rent Distribution
< $500
9.4%
$500–1k
6.3%
$1–1.5k
10.5%
$1.5–2k
26.7%
$2–2.5k
30.9%
$2.5–3.5k
8.1%
$3.5k+
8.1%
Vehicle Availability
No vehicle
6.2%
1 vehicle
32.0%
2 vehicles
38.1%
3+
23.7%
Housing Type
Single-fam. det.
55.2%
Single-fam. att.
6.6%
2–4 units
2.9%
5–19 units
5.1%
20+ units
17.4%
Housing Age
Pre-1940
2.6%
1940–1969
2.2%
1970–1999
7.8%
2000–2009
6.5%
2010+
1.8%

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

Education

High School or Higher 96.6%
Bachelor's or Higher 58.4%
+15.5 pp vs. state
Graduate Degree 25.1%
Some College / Associate 12.6%
Less Than High School 1.9%
Enrolled in School —

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

Employment

Labor Force Participation 67.5%
Unemployment Rate 4.6%
-1.6 pp vs. state
Work from Home 12.4%
Self-Employed 4.8%
Government Workers 18.1%
Private For-Profit 76.6%
Industry
Edu/Health
30.9%
Prof. Services
14.7%
Retail
10.1%
Finance
10.0%
Manufacturing
6.9%
Transportation
6.2%
Arts/Entmt.
4.0%
Construction
3.7%
Public Admin
3.7%
Wholesale
3.4%
Information
2.2%
Occupation
Management
61.2%
Sales
19.9%
Food Prep
9.6%
Production
5.7%
Construction
3.6%

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

Commute

Median Travel Time 31.1 min
Drove Alone 72.1%
Carpool 7.7%
Public Transit 6.8%
Work from Home 12.4%
Walked 0.8%
Bicycle —

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

Households & Families

Total Households 6,732
Avg. Household Size 2.00
Avg. Family Size —
Married-Couple Households 60.2%
Single-Mother Households —
Single-Father Households —
Living Alone —
Households with Children 28.7%
Multigenerational —

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

Age Distribution

Under 5
6.1%
5–9
7.3%
10–14
5.6%
15–19
6.8%
20–24
5.5%
25–34
11.4%
35–44
12.2%
45–54
11.8%
55–64
6.6%
65–74
8.1%
75–84
8.3%
85+
7.2%
Under 18: 23.4% Working age (18–64): 76.6% 65 and over: 18.7%

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

Social Characteristics

Immigration

Foreign Born 22.0%
Naturalized Citizen 74.4%
Speaks English Less Than Very Well 10.2%
Foreign-Born Origin
Asia
44.7%
Latin America
23.7%
Europe
23.7%
Africa
7.8%

Veterans & Disability

Veteran 3.3%
With a Disability 7.1%
Cognitive Difficulty —
Ambulatory Difficulty —

Health Insurance

Insured 96.4%
Uninsured 3.6%
Employer Insurance —
Medicaid —
Medicare —

Technology & Mobility

Broadband Internet 93.4%
Has a Computer 95.8%
Same House 1 Year Ago 93.4%
Moved from Abroad 0.2%

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

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Trends 2017–2023

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