Gibbsboro borough, New Jersey Median Income

Gibbsboro borough, New Jersey has a population of 2,181, with a median household income of $128,228.

Current median income data for Gibbsboro borough.

$128,228

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Population

2,181

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Median Income

$128,228

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Unemployment

2.10%

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Housing Price

$521,114

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Crime Rate

0.30

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Internet Speed

244.80 Mbps

Gibbsboro borough is a small local community located in New Jersey. The city has a population that is below the average city population in New Jersey, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Gibbsboro borough is a notable city in New Jersey, offering a mix of population dynamics, economic indicators, and housing trends.

Population Overview

Gibbsboro borough has a population of 2,181, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Gibbsboro borough is $128,228, which is above the state average. This reflects stronger earning potential and economic stability.

Housing Market

Housing prices in Gibbsboro borough average around $521,114, which is relatively high compared to other cities in New Jersey.

Employment and Safety

The unemployment rate in Gibbsboro borough is 2.10%, which is lower than the state average, indicating a relatively strong job market. Gibbsboro borough has a lower crime rate than the state average, contributing to a relatively safer living environment.

City Comparison

Compared to other cities in New Jersey, Gibbsboro borough shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Gibbsboro borough continues to play a role in shaping regional trends in New Jersey, particularly in terms of economic and demographic factors.

Frequently Asked Questions about Gibbsboro borough

What is the population of Gibbsboro borough?

The population of Gibbsboro borough is approximately 2,181.

Is Gibbsboro borough a good place to live?

Gibbsboro borough offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Gibbsboro borough?

The median household income in Gibbsboro borough is around $128,228.

How expensive is housing in Gibbsboro borough?

The average housing price in Gibbsboro borough is approximately $521,114.