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Lawrenceville, NJ

Full City Profile · New Jersey · Mercer County County

3.8 /5.0
B+ Good
3,947 Population 3,795/sq mi density
$118,482 Median Income $66,539 per capita
$413,600 Home Value $659,773 Zillow
$2,250 Median Rent 42.6% income on rent
53°F Avg Temperature 275 sunny days/yr
77 Violent Crime/100K 540 property/100K
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.3 / 5.0
$118,482 median income, 6.4% unemployment
A+
Affordability
4.7 / 5.0
$413,600 home value, $2,250/mo rent
F
Safety
1.0 / 5.0
77 violent crimes/100K
A+
Education
5.0 / 5.0
72.0% bachelor's degree or higher

Housing Overview

Median Home Value
$413,600
47% above
US avg: $281,900
Median Rent
$2,250/mo
93% above
US avg: $1,163/mo
Homeownership Rate
85.4%
31% above US avg (65.4%)
Total Housing Units
1,791
Median year built: 1983

Home Value by Source

Census Median
$413,600
Zillow (ZHVI)
$659,773
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

85.4%
Owner-Occupied
14.6%
Renter-Occupied
85%
15%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,599/mo
1 Bedroom
$1,759/mo
2 Bedroom
$2,132/mo
3 Bedroom
$2,658/mo
4 Bedroom
$3,005/mo
Census median rent: $2,250/mo

Affordability & Housing Stock

Rent Burden
42.6%
of renters spending 30%+ of income on housing
37% above US avg (31.0%)
Median Year Built
1983
Average age of housing stock: 43 years
Homeownership Rate
85.4%

Complete Housing Data

Home Values

Census Median Value$413,600
Zillow Home Value (ZHVI)$659,773

Rent

Census Median Rent$2,250
FMR Studio$1,599
FMR 1-Bedroom$1,759
FMR 2-Bedroom$2,132
FMR 3-Bedroom$2,658
FMR 4-Bedroom$3,005

Market

Ownership & Stock

Owner-Occupied85.4%
Renter-Occupied14.6%
Homeownership Rate85.4%
Total Housing Units1,791
Median Year Built1983
Rent Burden42.6%