Hoboken, NJ

Census Place

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2024 Population
58,668
US Senator
Cory Booker
Democratic Party
US Senator
Andy Kim
Democratic Party
2024 Poverty Rate
7.78%
9.01% 1-year increase
2024 Median Household Income
$180,579
2.05% 1-year growth
2024 Median Property Value
$895,100
2.64% 1-year growth
2024 Employed Population
39,670
0.273% 1-year growth

About

None of the households in Hoboken, NJ reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.

91.5% of the residents in Hoboken, NJ are U.S. citizens.

The largest universities in Hoboken, NJ are Stevens Institute of Technology (3,680 degrees awarded in 2023).

In 2024, the median property value in Hoboken, NJ was $895,100, and the homeownership rate was 33.8%.

Most people in Hoboken, NJ worked at home, and the average commute time was 36.8 minutes. The average car ownership in Hoboken, NJ was 1 car per household.

Population & Diversity

Hoboken, NJ is home to a population of 58.7k people, from which 91.5% are citizens. As of 2024, 17.7% of Hoboken, NJ residents were born outside of the country (10.4k people).

In 2024, there were 5.21 times more White (Non-Hispanic) residents (38.4k people) in Hoboken, NJ than any other race or ethnicity. There were 7.37k Asian (Non-Hispanic) and 4.06k Two Races Including Other (Hispanic) residents, the second and third most common ethnic groups.

Citizenship

91.5%
2024 Citizenship
90.7%
2023 Citizenship

As of 2024, 91.5% of Hoboken, NJ residents were US citizens, which is lower than the national average of 93.2%. In 2023, the percentage of US citizens in Hoboken, NJ was 90.7%, meaning that the rate of citizenship has been increasing.

The following chart shows US citizenship percentages in Hoboken, NJ compared to that of it's neighboring and parent geographies.

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Race and Ethnicity

The 3 largest ethnic groups in Hoboken, NJ
  1. White (Non-Hispanic)
    38.4k ± 1.19k
  2. Asian (Non-Hispanic)
    7.37k ± 1.15k
  3. Two Races Including Other (Hispanic)
    4.06k ± 679
13.4%
Hispanic Population
7.88k people

In 2024, there were 5.21 times more White (Non-Hispanic) residents (38.4k people) in Hoboken, NJ than any other race or ethnicity. There were 7.37k Asian (Non-Hispanic) and 4.06k Two Races Including Other (Hispanic) residents, the second and third most common ethnic groups.

13.4% of the people in Hoboken, NJ are hispanic (7.88k people).

The following chart shows the 8 races represented in Hoboken, NJ as a share of the total population.

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Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for New Jersey.
Most Common Origin
  1. India
    273,706 ± 12,653 people
  2. Dominican Republic
    205,965 ± 11,018 people
  3. Mexico
    107,667 ± 8,009 people

In 2023, the most common birthplace for the foreign-born residents of New Jersey was India, the natal country of 273,706 New Jersey residents, followed by Dominican Republic with 205,965 and Mexico with 107,667.

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Foreign-Born Population

17.7%
2024 Foreign-Born Population
10.4k people
19%
2023 Foreign-Born Population
11.1k people

As of 2024, 17.7% of Hoboken, NJ residents (10.4k people) were born outside of the United States, which is approximately the same as the national average of 14%. In 2023, the percentage of foreign-born citizens in Hoboken, NJ was 19%, meaning that the rate has been decreasing.

The following chart shows the percentage of foreign-born residents in Hoboken, NJ compared to that of it's neighboring and parent geographies.

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Veterans

Most Common Service Period
  1. Gulf War (2001-)
    211 ± 138
  2. Vietnam
    137 ± 83
  3. Gulf War (1990s)
    123 ± 87

Hoboken, NJ has a large population of military personnel who served in Gulf War (2001-), 1.54 times greater than any other conflict.

The chart shows the distribution of veterans by conflict in Hoboken, NJ.

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Economy

The economy of Hoboken, NJ employs 39.7k people. In 2024, the largest industries in Hoboken, NJ were Professional, Scientific, & Technical Services (8,759 people), Finance & Insurance (8,126 people), and Information (3,348 people), and the highest paying industries were Finance & Insurance ($171,461), Utilities ($162,623), and Finance & Insurance, & Real Estate & Rental & Leasing ($160,893).

Occupations

39.7k
2024 Value
± 1,670
0.273%
1 Year growth
± 5.94%

From 2023 to 2024, employment in Hoboken, NJ grew at a rate of 0.273%, from 39.6k employees to 39.7k employees.

The most common job groups, by number of people living in Hoboken, NJ, are Management Occupations (10,036 people), Business & Financial Operations Occupations (7,444 people), and Sales & Related Occupations (4,074 people). This chart illustrates the share breakdown of the primary jobs held by residents of Hoboken, NJ.

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Unemployment Insurance Claims

Data is only available at the state level. Showing data for New Jersey.

This chart shows weekly unemployment insurance claims in New Jersey (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

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Employment by Industries

39.7k
2024 Value
± 1,670
0.273%
1 Year growth
± 5.94%

From 2023 to 2024, employment in Hoboken, NJ grew at a rate of 0.273%, from 39.6k employees to 39.7k employees.

The most common employment sectors for those who live in Hoboken, NJ, are Professional, Scientific, & Technical Services (8,759 people), Finance & Insurance (8,126 people), and Information (3,348 people). This chart shows the share breakdown of the primary industries for residents of Hoboken, NJ, though some of these residents may live in Hoboken, NJ and work somewhere else. Census data is tagged to a residential address, not a work address.

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Median Earnings by Industry

$123,661
Median earning men ± $9,787
$99,544
Median earning women ± $5,206

The industries with the best median earnings for men in 2024 are Finance & Insurance, & Real Estate & Rental & Leasing ($175,625), Wholesale Trade ($149,107), and Information ($142,755).

The industries with the best median earnings for women in 2024 are Finance & Insurance, & Real Estate & Rental & Leasing ($144,063), Manufacturing ($129,602), and Retail Trade ($117,963).

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Employment by Industry Sector

Data is only available at the state level. Showing data for New Jersey.
Y-Axis
2.27%
Year-over-year growth
Employment change between February 2022 and February 2023

As of February 2023, there are 4.24M people employed in New Jersey. This represents a 2.27% increase in employment when compared to February 2022.

Right after the beginning of the COVID-19 pandemic, during April 2020, a general dip can be seen across industry sectors, resulting in an overall decline in employment by 16.5%.

The following chart shows monthly employment numbers for each industry sector in New Jersey.

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Education

In 2023, universities in Hoboken, NJ awarded 3,680 degrees. The student population of Hoboken, NJ in 2023 is skewed towards men, with 6,138 male students and 2,704 female students.

Most students graduating from Universities in Hoboken, NJ are White (977 and 50.5%), Asian (355 and 18.4%), Unknown (339 and 17.5%), and Hispanic or Latino (156 and 8.07%).

The largest universities in Hoboken, NJ by number of degrees awarded are Stevens Institute of Technology (3,680 and 100%).

The most popular majors in Hoboken, NJ are Computer Science (930 and 25.3%), Mechanical Engineering (311 and 8.45%), and Systems Engineering (279 and 7.58%).

The median tuition cost in Hoboken, NJ for private four year colleges is $58,680.

Applicants, Admissions & Enrolled

University
Measure

In 2023 in Hoboken, NJ, the percentage of applicants admitted was 43.4%, while the percentage of admitted who enrolled was 16.6%. The number of students enrolled in 2023 was 8,842 (69.4% men and 30.6% women).

The line chart  shows the evolution of the percentage of applicants admitted, admitted who enrolled or the number of students enrolled according to the option selected in the upper button.

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Enrollments by Gender and Races

Universities

In 2023 there were 8,842 students enrolled in Hoboken, NJ, 69.4% men and 30.6% women.

By race, the largest number of students enrolled was concentrated in Non-resident Alien with 3,225 records, of which 28.5% were women and 71.5% men.

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Concentrations

Most Common
  1. 728 degrees awarded
  2. 245 degrees awarded
  3. 164 degrees awarded

In 2023, the most common concentation for Masters Degree recipients in Hoboken, NJ was Computer Science with 728 degrees awarded.

This visualization illustrates the percentage of students graduating with a Masters Degree from schools in Hoboken, NJ according to their major.

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Universities

Gender
Race
Largest Universities by degrees awarded
3,680 degrees awarded

In 2023, the institution with the largest number of graduating students was Stevens Institute of Technology with 3,680 degrees awarded.

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Student Diversity

University

In 2023, 2,638 men were awarded degrees from institutions in Hoboken, NJ, which is 2.53 times more than the 1,042 female students who received degrees in the same year.

In 2023, the most common race/ethnicity group awarded degrees at institutions was White students. These 977 degrees mean that there were 2.75 times more degrees awarded to White students then the next closest race/ethnicity group, Asian, with 355 degrees awarded.

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Awarded Degrees over Time

The graph shows the evolution of awarded degrees by degrees. Under the paragraphs, the average number of awarded degrees by university in each degree is shown.

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Average Net Price by Sector

Universities

Private not-for-profit, 4-year or above ($58,680) is the sector with the highest median state tuition in 2023.

Private not-for-profit, 4-year or above ($2,272) is the sector with the highest median state fee in 2023.

Private not-for-profit, 4-year or above ($1,200) is the sector with the highest average net price of books and supplies.

The graph shows the average net price by sector and year.

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Housing & Living

The median property value in Hoboken, NJ was $895,100 in 2024, which is 2.69 times larger than the national average of $332,700. Between 2023 and 2024 the median property value increased from $872,100 to $895,100, a 2.64% increase. The homeownership rate in Hoboken, NJ is 33.8%, which is lower than the national average of 65.2%.

People in Hoboken, NJ have an average commute time of 36.8 minutes, and they worked at home. Car ownership in Hoboken, NJ is lower than the national average, with an average of 1 car per household.

Property

$895,100
Median Property Value 2024
±$24,891
$9,481
Median Property Taxes
±$684

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Hoboken, NJ the largest share of households pay taxes in the $3k+ range.

The chart underneath the paragraph shows the property taxes in Hoboken, NJ compared to it's parent and neighbor geographies.

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Rent vs Own

33.8%
Homeownership
2024
52.2%
Homeowners with Mortgage
2024

In 2024, 33.8% of the housing units in Hoboken, NJ were occupied by their owner. This percentage declined from the previous year's rate of 34.1%.

This chart shows the percentage of owner in Hoboken, NJ compared it's parent and neighboring geographies.

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Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.
$180,579
Median Household Income
± $10,044
28.1k
Number of Households
± 1,346

In 2024, the median household income of the 28.1k households in Hoboken, NJ grew to $180,579 from the previous year's value of $176,943.

The following chart displays the households in Hoboken, NJ distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $200k+ range.

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Wage Distribution

The closest comparable wage GINI for Hoboken, NJ is from New Jersey.
0.486
2023 Wage GINI in New Jersey
0.489
2022 Wage GINI in New Jersey

In 2023, the income inequality in New Jersey was 0.486 according to the GINI calculation of the wage distribution. Income inequality had a 0.709% decline from 2022 to 2023, which means that wage distribution grew somewhat more even. The GINI for New Jersey was higher than than the national average of 0.476. In other words, wages are distributed less evenly in New Jersey in comparison to the national average.

This chart shows the number of workers in New Jersey across various wage buckets compared to the national average.

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Commuter Transportation

Most Common Commute in 2024
  1. Worked At Home (36.7%)
  2. Public Transit (36.6%)
  3. Drove Alone (16.3%)

In 2024, 36.7% of workers in Hoboken, NJ worked at home, followed by those who used public transit to get to work (36.6%) and those who drove alone to work (16.3%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

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Commute Time

36.8 minutes
Average Travel Time

Using averages, employees in Hoboken, NJ have a longer commute time (36.8 minutes) than the normal US worker (26.4 minutes). Additionally, 1.6% of the workforce in Hoboken, NJ have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Hoboken, NJ compares to that of it's neighboring and parent geographies.

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Car Ownership

1 car
Average Number

The following chart displays the households in Hoboken, NJ distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Hoboken, NJ have 1 car.

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Poverty & Diversity

7.78% of the population for whom poverty status is determined in Hoboken, NJ (4.43k out of 57k people) live below the poverty line, a number that is lower than the national average of 12.5%. The largest demographic living in poverty are Males 18 - 24, followed by Males 25 - 34 and then Females 18 - 24.

The most common racial or ethnic group living below the poverty line in Hoboken, NJ is White, followed by Hispanic and Two Or More.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

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Health

96.8% of the population of Hoboken, NJ has health coverage, with 78.3% on employee plans, 5.66% on Medicaid, 5.17% on Medicare, 7.38% on non-group plans, and 0.269% on military or VA plans.

Primary care physicians in New Jersey see 1,279 patients per year on average, which represents a 0% change from the previous year (1,279 patients). Compare this to dentists who see 1157 patients per year, and mental health providers who see 320 patients per year.

By gender, of the total number of insured persons, 49.8% were men and 50.2% were women.

Health Care Diversity

In 2024, insured persons according to age ranges were distributed in 16.7% under 18 years, 44.1% between 18 and 34 years, 32.4% between 35 and 64 years, and 6.84% over 64 years.

By gender, of the total number of insured persons, 49.8% were men and 50.2% were women.

The following chart shows the number of people with health coverage by gender.

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Uninsured People

3.2%
Uninsured
78.3%
Employer Coverage
5.66%
Medicaid
5.17%
Medicare
7.38%
Non-Group
0.269%
Military or VA

Between 2023 and 2024, the percent of uninsured citizens in Hoboken, NJ grew by 2.39% from 3.12% to 3.2%.

The following chart shows how the percent of uninsured individuals in Hoboken, NJ changed over time compared with the percent of individuals enrolled in various types of health insurance.

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