Lodi borough, New Jersey Unemployment

Lodi borough, New Jersey has a population of 25,184, with a median household income of $82,114.

Current unemployment data for Lodi borough.

3.60%

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Population

25,184

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Median Income

$82,114

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Unemployment

3.60%

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Housing Price

$388,228

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Crime Rate

0.50

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Internet Speed

288.40 Mbps

Lodi borough is a smaller urban community located in New Jersey. The city has a population that is above 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.

Lodi borough, located in New Jersey, is a city that reflects important demographic and economic patterns within the region.

Population Overview

Lodi borough has a population of 25,184, which is higher than the state average. This indicates a relatively larger urban presence within New Jersey.

Income and Economy

The median household income in Lodi borough is $82,114, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Lodi borough is about $388,228, making it relatively affordable compared to many cities in New Jersey.

Employment and Safety

The unemployment rate in Lodi borough is 3.60%, slightly above the state average, suggesting moderate employment conditions. Crime rates in Lodi borough are higher than the state average, which may be a factor for residents to consider.

City Comparison

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

Overall, Lodi borough offers a balanced mix of economic conditions, population trends, and housing opportunities within New Jersey.

Frequently Asked Questions about Lodi borough

What is the population of Lodi borough?

The population of Lodi borough is approximately 25,184.

Is Lodi borough a good place to live?

Lodi 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 Lodi borough?

The median household income in Lodi borough is around $82,114.

How expensive is housing in Lodi borough?

The average housing price in Lodi borough is approximately $388,228.