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Jersey City, New Jersey Mortgage and Housing Information

Population: 240,055
Data Source:US Census Bureau. All figures are from year 2000 unless otherwise noted.

Value of Houses and Condos

A comparison of the average prices of homes in Jersey City, New Jersey and the U.S.
U.S.New JerseyJersey City
Median home value
in year 2006
$185,200$366,600$359,100

Monthly Owner Costs

Median owner costs for owner-occupied houses and condos in year 2006
U.S.New JerseyJersey City
With a mortgage$1,402$2,130$2,156
Without a mortgage$399$787$844

Ownership of Houses and Condos

Types of mortgages for owner-occupied Houses and Condos in Jersey City (2006)
Mortgage TypeNumber of Houses and CondosPercent of total
Without a mortgage6,54522.2%
First Mortgage Only17,95360.8%
Second Mortgage and/or Home Equity Loan5,03517.0%
Total29,533100%

Tenancy in Jersey City

How many people in Jersey City live in their own home? How many rent their home? Data for houses and condos, from 2006.
Owner-occupied homes29,533
Renter-occupied homes60,487
Homes for sale1,580
Homes for rent3,547
Total102,579

Age of Jersey City Residents

Median age for males and females (2000).
Males 31
Females 33

Income

Median earnings for the 12 months preceding 2006, residents over 16 years with earnings
U.S.New JerseyJersey City
Median Earnings$27,239$35,468$30,194
Median Earnings, Males$32,396$42,180$32,161
Median Earnings, Females$22,097$28,588$26,490

Males earn $5,671 (21.4%) more than Females in Jersey City.

Commuting in Jersey City

Means of transportation to work, workers over 16 years old.
Means of TransportNumber of People
Car, solo36,639
Carpooled13,393
Public Transit39,835
Bicycle247
Walking8,079
Other Means746
Total, Commuted98,939
Worked from home1,811
Total100,750

Time Spent Commuting in Jersey City

Time spent commuting in Jersey City
Time spent in minutesNumber of People
Less than 51,233
5-94,219
10-148,633
15-1911,908
20-2413,211
25-294,811
30-3418,585
35-392,939
40-445,043
45-5913,609
60-8910,520
Over 904,228

Education

Level of higher education for people over 25 years in Jersey City (2006).
LevelNumber of MalesPercent of MalesNumber of FemalesPercent of Females
Some College11,09714.1%13,07816.7%
Associate Degree3,3894.3%3,4154.4%
Bachelor's Degree18,51823.6%16,75221.4%
Master's Degree7,2189.2%6,1827.9%
Professional Degree1,3771.8%1,6382.1%
Doctorate Degree1,3801.8%4630.6%
Total (at least some college)42,97954.8%41,52849.6%
Total over 2578,442100%83,700100%

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