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Folsom, NJ

Full City Profile · New Jersey · Atlantic County County

3.4 /5.0
B Good
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 293 sunny days/yr
115 Violent Crime/100K 1,047 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.4 / 5.0
$112,857 median income, 6.3% unemployment
A+
Affordability
5.0 / 5.0
$247,900 home value, $1,701/mo rent
F
Safety
1.0 / 5.0
115 violent crimes/100K
B
Education
3.4 / 5.0
29.7% bachelor's degree or higher

Income Overview

Median Household Income
$112,857
50% above
US avg: $75,149
Per Capita Income
$51,377
32% above
US avg: $39,052
Unemployment Rate
6.3%
75% above
US avg: 3.6%
Poverty Rate
3.0%
76% below
US avg: 12.4%

Income Comparison: Folsom vs. U.S. Average

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

Median Household
US: $75,149
$112,857
150%
Per Capita
US: $39,052
$51,377
132%
IRS Avg AGI
US: $72,000
$70,837
98%
Avg Weekly Wage
US: $1,432
$1,139
80%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,139
20% below US avg ($1,432)
Mean Commute Time
35 min
25% above US avg (28 min)
Work From Home
7.9%
48% below US avg (15.2%)
Drive Alone
82.9%
13% above US avg (73.2%)
Public Transit
0.9%
82% below US avg (5.0%)
County GDP
$19,423M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 82.9%
Public Transit 0.9%
Work From Home 7.9%
Other 8.3%
Average commute time
35 minutes
US avg: 28 min

Business Landscape

Total Establishments
7,268
Restaurants
830
Healthcare
802
Retail
1,005
Manufacturing
120

Tax & Financial

IRS Avg Adjusted Gross Income
$70,837
2% below US avg ($72,000)
Avg Property Tax
$8,412
140% above US avg ($3,500)
Cost of Living Index
108.8
Above national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$112,857
Per Capita Income$51,377
IRS Avg Adjusted Gross Income$70,837
Avg Weekly Wage$1,139
County GDP$19,423M

Hardship Indicators

Unemployment Rate6.3%
Poverty Rate3.0%
Gini Coefficient0.478
Cost of Living Index108.8

Commute

Mean Commute35 minutes
Drive Alone82.9%
Public Transit0.9%
Work From Home7.9%

Businesses

Total Establishments7,268
Restaurants830
Healthcare802
Retail1,005
Manufacturing120

Tax

IRS Avg AGI$70,837
Avg Property Tax$8,412