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AREA INFORMATION

08518 (Florence, NJ)

Explore the real estate in 08518 (Florence, NJ)

Area Highlights

08518 (Florence, NJ) residents have a median age of 38.8 years old, with employment highest in the transportation and production occupations industries.

4,992 Population

The population has increased by 1% since the year 2010.

2,091 Households

$84,452 /yr
Median Household Income

$350,000
Median Home Sale Price

30m Median Commute Time

Most people in this area drive to work.

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Median Age

Median age is the age that divides a population into two numerically equally sized groups; that is, half the people are younger than this age and half are older. It is a single index that summarizes the age distribution of a population.

LEGEND

  • 61+ years old
  • 51 to 60 years old
  • 41 to 50 years old
  • 31 to 40 years old
  • 21 to 30 years old
  • 11 to 20 years old
  • 0 to 10 years old

Median Home Price

The median sale price measures the “middle” price of homes that sold, meaning that half of the homes sold for a higher price and half sold for less.

LEGEND

  • $2,000,000+
  • $1,000,000 to $2,000,000
  • $800,000 to $1,000,000
  • $600,000 to $800,000
  • $400,000 to $600,000
  • $200,000 to $400,000
  • $0 to $200,000

Median Household Income

The median household income is the income amount that divides a population into two equal groups, half having a household income above that amount, and half having a household income below that amount.

LEGEND

  • $500,000+ per year
  • $250,000 to $500,000 per year
  • $150,000 to $250,000 per year
  • $100,000 to $150,000 per year
  • $75,000 to $100,000 per year
  • $50,000 to $75,000 per year
  • $0 to $50,000 per year

Family & Education

38.8 Median Age

Average Household Size

2.4
persons per
household

40.7%

Married Households

Community Population By Education

High School Graduate 35%
Some College 24%
Bachelors Degree 17%
Some High School 13%
Graduate Degree 6%
Associates Degree 6%
Of the total people surveyed, the most prevalent educational attainment level is High School Graduate, representing 34.63% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
33% of households have children

Area Schools

4-8
0.7 MILES
D
Florence Riverfront School

Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area.

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Economics

$84,452 /yr
Median Household Income
$350,000
Median Sales Price
30 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $50-74,999k representing 17.41% of the households.

Transportation to Work

  • Drive 88%
  • Work from Home 5%
  • Public Transit 4%
  • Walk or Bike 2%

Occupancy by Type

Owned 1,150 51%
Rented 941 42%
Vacant 159 7%

White vs Blue Collar Jobs







White Collar 62%
Blue Collar 38%

Employment

Employees by Industry

Employees by Occupation

Demographics

Community Population By Age

The median age for this area is 38.8 years old. The smallest percentage group is 45-54 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 63%
Black 16%
Hispanic 8%
Asian 8%
Other 3%
Native American <1%
The most prevalent ethnicity is White at 63%, followed by Black at 16%, Hispanic at 8%, and Asian at 8%.

Crime & Pollution

Crime vs National Average

This location’s average annual crime rates compared to the national average. Index score (100=National Average)

Pollution vs National Average

This location’s average annual pollution rates compared to the national average. Index score (100=National Average)

Weather

86° July
Hottest Average Month
24° January
Coldest Average Month

Severe Weather

This location’s average annual severe weather events compared to the national average. Index score (100=National Average)

Average Temperature by Month

Low (°F)
High (°F)
Jan
24°
40°
Feb
25°
43°
Mar
32°
52°
Apr
41°
63°
May
51°
73°
Jun
60°
82°
Jul
66°
86°
Aug
64°
84°
Sep
57°
78°
Oct
46°
67°
Nov
37°
55°
Dec
28°
44°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

Listings in the Area

$379,000
For sale
3 beds • 2 baths • 1 half baths • 1,944 sqft

201 Kramer Ct
Florence Twp., NJ 08518

$299,000
For sale
3 beds • 1 baths • 1,152 sqft

208 Woodlawn Avenue
Florence, NJ 08518

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Data powered by Attom Data Solutions. Copyright© 2024. Information deemed reliable but not guaranteed.

* Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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