Folsom, NJ

Full City Profile · New Jersey · Atlantic County County

4.1 /5.0
A Great
1,732 Population 210/sq mi density
$112,857 Median Income $51,377 per capita
$247,900 Home Value $363,676 Zillow
$1,701 Median Rent 51.0% income on rent
55°F Avg Temperature
A
Overall
4.1 / 5.0
Strong
B+
Economy
3.9 / 5.0
$112,857 median income, 9.1% unemployment
A+
Affordability
5.0 / 5.0
$247,900 home value, $1,701/mo rent
B
Education
3.4 / 5.0
29.7% bachelor's degree or higher

Folsom, NJ

At a Glance

Median Income
$112,857
50% above
$51,377 per capita
Home Value
$247,900
12% below
Zillow: $363,676
Median Rent
$1,701/mo
46% above
51.0% of income on rent
Bachelor's Degree+
29.7%
12% below
90.6% high school+
Unemployment
9.1%
153% above
3.0% poverty rate
Obesity Rate
28.8%
10% below
13.1% smoking rate
Avg Temperature
55°F

How Folsom Compares to the U.S. Average

Each bar shows Folsom's value as a percentage of the national average (100% = U.S. avg)

Income
150%
Home Value
88%
Rent
146%
Poverty
24%
Bachelor's
88%
Unemployment
253%
Thin vertical line = U.S. national average (100%)

Is Folsom a Good Place to Live?

A
4.1 / 5.0 - Great
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Folsom residents earn a median household income of $112,857 , which is 50% above the national average of $75,149. Per capita income is $51,377. The unemployment rate stands at 9.1% (153% above the U.S. rate of 3.6%). 3.0% of residents live below the poverty line. The area is home to 7,268 business establishments, including 830 restaurants.

Housing & Cost of Living

The median home value in Folsom is $247,900 , 12% below the national median of $281,900. Zillow estimates the typical home at $363,676. Median rent is $1,701/month, with 51.0% of renters spending more than 30% of income on housing. The cost of living index is 108.8 (100 = national average). The median home was built in 1971.

Education

29.7% of adults in Folsom hold a bachelor's degree or higher (12% below the national average). 90.6% have completed high school. Local schools score 5.6/10 in standardized testing.

Climate & Weather

Folsom has an average annual temperature of 55°F (13°C). Winters average 33°F in January while summers reach 77°F in July. Annual precipitation totals 47.5 inches. Air quality is rated Good with a median AQI of 35.

Data Overview

People

Population1,732
Median Age43.4 yrs
Density210/mi²
Male / Female51% / 49%
Foreign Born2.5%
Veterans7.0%

Economy

B+
Median Income$112,857
Per Capita$51,377
Unemployment9.1%
Poverty3.0%
County GDP$19,423M
Avg Weekly Wage$1,139

Housing

A+
Home Value$247,900
Rent$1,701
Ownership92.3%
Zillow$363,676
Housing Units662
Rent Burden51.0%

Health

Obesity28.8%
Diabetes8.2%
Smoking13.1%
Heart Disease4.9%
Premature Death10,072/100K

Climate

Avg Temp55°F
Rain47.5 in/yr
AQI35 (Good)
Elevation67 ft

Education

B
Bachelor's+29.7%
High School+90.6%
Graduate+10.8%
School Score5.6/10

Community

2024 VoteR 51% / D 48%
Commute35 min
Broadband90.6%
Internet Speed111 Mbps
EV Stations4
Libraries15

Did You Know?

Folsom was founded in 1906.
The median home in Folsom was built in 1971.
The nearest airport is Atlantic City International (17 miles).
The Gini coefficient (income inequality) is 0.478 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Moderate" by FEMA.
13.2% of the population has a disability.
Average internet download speed is 111 Mbps.
There are 830 restaurants in the area.
The county recorded 34 fatal vehicle crashes.