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Folsom, New Jersey Demographics & Population 2026

Very AffordableHome value to income ratio of 2.5x is exceptionally low

During the 2020–2024 ACS period, Folsom, New Jersey had a total population of 1,773, the 482nd largest borough in New Jersey, with a median household income of $110,227, which is 6% higher than the state average. The poverty rate is 7.3%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Folsom Quick Facts

Population 1,773
Median Household Income $110,227
Median Home Value $273,700
Poverty Rate 7.3%
Unemployment Rate 8.3%
Median Age 43.2 years
Homeownership Rate 93.0%
Affordability Ratio 2.5x
Bachelor's Degree or Higher 29.4%
High School Graduation Rate 91.9%
Diversity Index 38/100
Population 1,773 482nd of 700
Median Income $110,227 average
Poverty Rate 7.3% 42% lower than national
Median Home Value $273,700 bottom 20%

How Folsom Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population1,7321,773+2.4%
Median household income$112,857$110,227-2.3%
Median home value$247,900$273,700+10.4%

How Folsom Compares

Economy & Housing

Household Income Distribution

Under $25K 9.7%
$25K-$50K 9.1%
$50K-$100K 28.5%
$100K+ 52.7%
Detailed income brackets
Under $10K
3.0%
$10K-$15K
0.4%
$15K-$20K
0.3%
$20K-$25K
5.9%
$25K-$30K
1.7%
$30K-$35K
1.8%
$35K-$40K
0.0%
$40K-$45K
1.2%
$45K-$50K
4.4%
$50K-$60K
4.1%
$60K-$75K
8.9%
$75K-$100K
15.6%
$100K-$125K
14.8%
$125K-$150K
8.8%
$150K-$200K
11.0%
$200K+
18.1%

Employment

8.3% Unemployment Rate State: 6.3%|National: 5.2%
69.3% Labor Force Participation

Housing Overview

Owner 93.0%
Renter 7.0%
Affordability Index Very Affordable
2.5x home value to income ratio
Median gross rent $1,705/mo 18.6% of median household income annually

People & Demographics

Diversity Index

38out of 100
Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 66 | National average: 61

Education

Folsom Rankings in New Jersey

#482 Population of 700
#315 Median Income of 662
#504 Education of 699
#552 Home Value of 678

Other Cities in Atlantic County

CityPopulationMedian IncomePovertyHome Value
Atlantic City 38,632 $41,028 32.3% $207,400
Pleasantville 20,712 $53,661 25.1% $194,100
Hammonton 14,840 $78,087 9.6% $349,800
McKee City 10,731 $68,133 10.2% $218,100
Somers Point 10,515 $71,062 9.2% $309,200
Smithville 9,545 $77,579 9.8% $279,200
Ventnor City 9,265 $68,671 10.1% $363,000
Absecon 9,170 $73,676 7.9% $286,300
Northfield 8,456 $111,599 4.6% $316,200
Pomona 7,995 $99,118 11.1% $279,000

Cities Similar to Folsom

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Mickleton1,786$113,463$371,30054.0%1.6%
Island Heights1,720$109,231$546,80050.2%1.5%
Lebanon1,675$110,104$374,40060.0%4.7%
Malaga1,693$107,553$236,30018.8%5.4%
Kingston1,670$110,813$475,90067.2%2.4%

Population Overview

Folsom is a small community located in New Jersey, within Atlantic County. The total population is 1,773. It ranks as the 482nd most populous out of 700 Census-designated places in New Jersey.

Age Demographics

The median age in Folsom is 43.2 years. This is 8% higher than the state median of 40.1 years.

Economy, Income & Housing

The median household income in Folsom is $110,227. This is 6% higher than the state median of $103,556. It is also 37% higher than the national median of $80,734. The poverty rate stands at 7.3%. This is 25% lower than the state poverty rate of 9.7%. The unemployment rate is 8.3%. This is 32% higher than the state rate of 6.3%. The median home value is $273,700. Housing costs are 40% lower than the state median of $454,400. With a home-value-to-income ratio of just 2.5x, Folsom is one of the most affordable housing markets in the area. 93.0% of occupied housing units are owner-occupied. This homeownership rate is 46% higher than the state average of 63.8%.

Race & Ethnicity

The largest racial or ethnic group in Folsom is White (non-Hispanic), making up 77.6% of the population. Hispanic or Latino residents account for 11.9%. The White (non-Hispanic) population is significantly higher than the state average (77.6% vs 50.9%). The Black or African American population (2.8%) is well below the state average of 12.2%. The Asian population (0.3%) is well below the state average of 10.1%.

Education

29.4% of residents aged 25 and older hold a bachelor's degree or higher. This is 33% lower than the state rate of 43.6%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 91.9%.

Data Sources & Methodology

All demographic data for Folsom, New Jersey is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against New Jersey state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 700 Census-designated places in New Jersey. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Folsom, New Jersey?

Folsom, New Jersey has a population of 1,773 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Folsom, NJ?

The median household income in Folsom is $110,227, which is 37% higher than the national median of $80,734.

What is the poverty rate in Folsom, NJ?

The poverty rate in Folsom is 7.3%. This means approximately 128 residents live below the federal poverty line.

What is the racial makeup of Folsom, New Jersey?

Folsom's population is 77.6% White, 2.8% Black, 11.9% Hispanic/Latino, and 0.3% Asian.

What is the median home value in Folsom, NJ?

The median home value in Folsom is $273,700. The home-value-to-income ratio is 2.5x.

How educated is Folsom, New Jersey?

29.4% of adults (25+) in Folsom hold a bachelor's degree or higher, and 13.0% hold a graduate or professional degree.