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AREA INFORMATION

07848 (Lafayette, NJ)

Explore the real estate in 07848 (Lafayette, NJ)

Area Highlights

07848 (Lafayette, NJ) residents have a median age of 48.3 years old, with employment highest in the education and administrative support industries.

3,923 Population

The population has increased by 1.9% since the year 2010.

1,365 Households

$109,151 /yr
Median Household Income

$415,000
Median Home Sale Price

30m Median Commute Time

Most people in this area drive to work.

Area Map

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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

48.3 Median Age

Average Household Size

2.7
persons per
household

66.9%

Married Households

Community Population By Education

Bachelors Degree 29%
High School Graduate 28%
Graduate Degree 15%
Some College 12%
Some High School 8%
Associates Degree 7%
Of the total people surveyed, the most prevalent educational attainment level is Bachelors Degree, representing 28.87% 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)
26.4% of households have children

Area Schools

PK-8
3.4 MILES
C+
Lafayette Township 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

$109,151 /yr
Median Household Income
$415,000
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 Over $200k representing 20.96% of the households.

Transportation to Work

  • Drive 85%
  • Work from Home 13%
  • Walk or Bike 0%
  • Public Transit 0%

Occupancy by Type

Owned 1,230 86%
Rented 134 9%
Vacant 61 4%

White vs Blue Collar Jobs







White Collar 82%
Blue Collar 18%

Employment

Employees by Industry

Employees by Occupation

Demographics

Community Population By Age

The median age for this area is 48.3 years old. The smallest percentage group is 55-64 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 86%
Hispanic 8%
Other 2%
Black 2%
Asian 2%
Native American <1%
The most prevalent ethnicity is White at 86%, followed by Hispanic at 8%, Other at 2%, and Black at 2%.

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

84° July
Hottest Average Month
17° 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
17°
35°
Feb
18°
37°
Mar
26°
47°
Apr
36°
59°
May
46°
71°
Jun
54°
79°
Jul
59°
84°
Aug
58°
82°
Sep
50°
75°
Oct
39°
64°
Nov
31°
51°
Dec
21°
39°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

Listings in the Area

$129,900
For sale
2 beds • 1 baths • 653 sqft

59 Fieldstone Drive
Lafayette, NJ 07848

$950,000
For sale
5 acres

216 Rt15
Lafayette Twp., NJ 07848

$149,900
For sale
2 beds • 2 baths • 800 sqft

26 Deerfield Drive
Lafayette, NJ 07848

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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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