Lawrenceville, NJ
Full City Profile · New Jersey · Mercer County County
4.5
/5.0
A+
Excellent
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
54°F
Avg Temperature
A+
Overall
4.5 / 5.0
Strong
B+
Economy
3.9 / 5.0
$118,482 median income, 9.1% unemployment
A+
Affordability
4.7 / 5.0
$413,600 home value, $2,250/mo rent
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
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-Occupied | 85.4% |
| Renter-Occupied | 14.6% |
| Homeownership Rate | 85.4% |
| Total Housing Units | 1,791 |
| Median Year Built | 1983 |
| Rent Burden | 42.6% |