Folsom, NJ

Census Place

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2024 Population
1,773
US Senator
Cory Booker
Democratic Party
US Senator
Andy Kim
Democratic Party
2024 Median Age
43.2
0.461% 1-year decrease
2024 Poverty Rate
7.27%
15.7% 1-year increase
2024 Median Household Income
$110,227
2.33% 1-year decline
2024 Median Property Value
$273,700
10.4% 1-year growth
2024 Employed Population
956
4.03% 1-year growth

About

None of the households in Folsom, 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.

97.9% of the residents in Folsom, NJ are U.S. citizens.

In 2024, the median property value in Folsom, NJ was $273,700, and the homeownership rate was 93.1%.

Most people in Folsom, NJ drove alone to work, and the average commute time was 33.5 minutes. The average car ownership in Folsom, NJ was 2 cars per household.

United StatesNew JerseyAtlantic County, NJAtlantic City-Hammonton, NJAtlantic County (Outside Somers Point City)--West to Hammonton Town PUMA, NJ

Population & Diversity

Folsom, NJ is home to a population of 1.77k people, from which 97.9% are citizens. As of 2024, 4.17% of Folsom, NJ residents were born outside of the country (74 people).

In 2024, there were 12.9 times more White (Non-Hispanic) residents (1.38k people) in Folsom, NJ than any other race or ethnicity. There were 107 Other (Hispanic) and 94 Two Races Including Other (Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

97.9%
2024 Citizenship
98.4%
2023 Citizenship

As of 2024, 97.9% of Folsom, NJ residents were US citizens, which is higher than the national average of 93.2%. In 2023, the percentage of US citizens in Folsom, NJ was 98.4%, meaning that the rate of citizenship has been decreasing.

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

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Diversity

Race and Ethnicity

The 3 largest ethnic groups in Folsom, NJ
  1. White (Non-Hispanic)
    1.38k ± 201
  2. Other (Hispanic)
    107 ± 81
  3. Two Races Including Other (Hispanic)
    94 ± 54
11.9%
Hispanic Population
211 people

In 2024, there were 12.9 times more White (Non-Hispanic) residents (1.38k people) in Folsom, NJ than any other race or ethnicity. There were 107 Other (Hispanic) and 94 Two Races Including Other (Hispanic) residents, the second and third most common ethnic groups.

11.9% of the people in Folsom, NJ are hispanic (211 people).

The following chart shows the 8 races represented in Folsom, 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

4.17%
2024 Foreign-Born Population
74 people
2.54%
2023 Foreign-Born Population
44 people

As of 2024, 4.17% of Folsom, NJ residents (74 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 Folsom, NJ was 2.54%, meaning that the rate has been increasing.

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

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Military

Veterans

Most Common Service Period
  1. Vietnam
    34 ± 24
  2. Gulf War (2001-)
    27 ± 25
  3. Gulf War (1990s)
    6 ± 18

Folsom, NJ has a large population of military personnel who served in Vietnam, 1.26 times greater than any other conflict.

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

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Economy

The economy of Folsom, NJ employs 956 people. In 2024, the largest industries in Folsom, NJ were Educational Services (140 people), Construction (138 people), and Retail Trade (110 people), and the highest paying industries were Professional, Scientific, & Technical Services ($137,000), Public Administration ($83,750), and Educational Services ($79,167).

Employment

Occupations

956
2024 Value
± 132
4.03%
1 Year growth
± 19.4%

From 2023 to 2024, employment in Folsom, NJ grew at a rate of 4.03%, from 919 employees to 956 employees.

The most common job groups, by number of people living in Folsom, NJ, are Sales & Related Occupations (121 people), Education Instruction, & Library Occupations (84 people), and Management Occupations (77 people). This chart illustrates the share breakdown of the primary jobs held by residents of Folsom, 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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Industries

Employment by Industries

956
2024 Value
± 132
4.03%
1 Year growth
± 19.4%

From 2023 to 2024, employment in Folsom, NJ grew at a rate of 4.03%, from 919 employees to 956 employees.

The most common employment sectors for those who live in Folsom, NJ, are Educational Services (140 people), Construction (138 people), and Retail Trade (110 people). This chart shows the share breakdown of the primary industries for residents of Folsom, NJ, though some of these residents may live in Folsom, 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

$61,688
Median earning men ± $11,596
$50,625
Median earning women ± $8,181

The industries with the best median earnings for men in 2024 are Public Administration ($82,813), Manufacturing ($79,479), and Educational Services, & Health Care & Social Assistance ($79,167).

The industries with the best median earnings for women in 2024 are Public Administration ($135,375), Professional, Scientific, & Management, & Administrative & Waste Management Services ($72,885), and Educational Services, & Health Care & Social Assistance ($65,893).

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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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Housing & Living

The median property value in Folsom, NJ was $273,700 in 2024, which is 0.823 times smaller than the national average of $332,700. Between 2023 and 2024 the median property value increased from $247,900 to $273,700, a 10.4% increase. The homeownership rate in Folsom, NJ is 93.1%, which is higher than the national average of 65.2%.

People in Folsom, NJ have an average commute time of 33.5 minutes, and they drove alone to work. Car ownership in Folsom, NJ is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$273,700
Median Property Value 2024
±$14,172
$616
Median Property Taxes
±$83

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 Folsom, NJ the largest share of households pay taxes in the $3k+ range.

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

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Rent vs Own

93.1%
Homeownership
2024
63.3%
Homeowners with Mortgage
2024

In 2024, 93.1% of the housing units in Folsom, NJ were occupied by their owner. This percentage grew from the previous year's rate of 92.3%.

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

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Equity

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.
$110,227
Median Household Income
± $17,522
662
Number of Households
± 95

In 2024, the median household income of the 662 households in Folsom, NJ declined from $110,227 from the previous year's value of $112,857.

The following chart displays the households in Folsom, 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 Folsom, 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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Transportation

Commuter Transportation

Most Common Commute in 2024
  1. Drove Alone (81.5%)
  2. Carpooled (9.96%)
  3. Worked At Home (8.55%)

In 2024, 81.5% of workers in Folsom, NJ drove alone to work, followed by those who carpooled to work (9.96%) and those who worked at home (8.55%).

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

33.5 minutes
Average Travel Time

Using averages, employees in Folsom, NJ have a longer commute time (33.5 minutes) than the normal US worker (26.4 minutes). Additionally, 3.67% of the workforce in Folsom, NJ have "super commutes" in excess of 90 minutes.

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

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Car Ownership

2 cars
Average Number

The following chart displays the households in Folsom, NJ distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Folsom, NJ have 2 cars.

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Poverty

Poverty & Diversity

7.27% of the population for whom poverty status is determined in Folsom, NJ (128 out of 1.76k 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 35 - 44, followed by Females 5 and then Females 35 - 44.

The most common racial or ethnic group living below the poverty line in Folsom, NJ is Other, followed by Hispanic and White.

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

93.6% of the population of Folsom, NJ has health coverage, with 53.2% on employee plans, 12.1% on Medicaid, 14% on Medicare, 13.4% on non-group plans, and 0.846% 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, 49.9% were men and 50.1% were women.

Coverage

Health Care Diversity

In 2024, insured persons according to age ranges were distributed in 20.8% under 18 years, 20% between 18 and 34 years, 41.1% between 35 and 64 years, and 18.2% over 64 years.

By gender, of the total number of insured persons, 49.9% were men and 50.1% were women.

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

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Uninsured People

6.43%
Uninsured
53.2%
Employer Coverage
12.1%
Medicaid
14%
Medicare
13.4%
Non-Group
0.846%
Military or VA

Between 2023 and 2024, the percent of uninsured citizens in Folsom, NJ grew by 10.3% from 5.83% to 6.43%.

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

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