Victory Lakes, NJ

Census Place

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2023 Population
1,403
6.13% 1-year growth
US Senator
Cory Booker
Democratic Party
US Senator
Andy Kim
Democratic Party
2023 Median Age
45.5
0.438% 1-year decrease
2023 Poverty Rate
11.9%
69.5% 1-year increase
2023 Median Household Income
$97,273
2.59% 1-year growth
2023 Median Property Value
$228,000
9.35% 1-year growth
2023 Employed Population
718
5.43% 1-year growth

About

In 2023, Victory Lakes, NJ had a population of 1.4k people with a median age of 45.5 and a median household income of $97,273. Between 2022 and 2023 the population of Victory Lakes, NJ grew from 1,322 to 1,403, a 6.13% increase and its median household income grew from $94,821 to $97,273, a 2.59% increase.

The 5 largest ethnic groups in Victory Lakes, NJ are White (Non-Hispanic) (91.2%), Black or African American (Non-Hispanic) (5.2%), White (Hispanic) (2.49%), Two Races Including Other (Hispanic) (1.07%), and Asian (Non-Hispanic) (0.0713%).

None of the households in Victory Lakes, 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.

100% of the residents in Victory Lakes, NJ are U.S. citizens.

In 2023, the median property value in Victory Lakes, NJ was $228,000, and the homeownership rate was 92.6%.

Most people in Victory Lakes, NJ drove alone to work, and the average commute time was 31.4 minutes. The average car ownership in Victory Lakes, NJ was 2 cars per household.

United StatesNew JerseyGloucester County, NJPhiladelphia-Camden-Wilmington, PA-NJ-DE-MDGloucester County (South & West)--Glassboro Borough PUMA, NJ

Population & Diversity

Victory Lakes, NJ is home to a population of 1.4k people, from which 100% are citizens. As of 2023, 0% of Victory Lakes, NJ residents were born outside of the country (0 people).

In 2023, there were 17.5 times more White (Non-Hispanic) residents (1.28k people) in Victory Lakes, NJ than any other race or ethnicity. There were 73 Black or African American (Non-Hispanic) and 35 White (Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

100%
2023 Citizenship
97.9%
2022 Citizenship

As of 2023, 100% of Victory Lakes, NJ residents were US citizens, which is higher than the national average of 93.4%. In 2022, the percentage of US citizens in Victory Lakes, NJ was 97.9%, meaning that the rate of citizenship has been increasing.

The following chart shows US citizenship percentages in Victory Lakes, 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 Victory Lakes, NJ
  1. White (Non-Hispanic)
    1.28k ± 446
  2. Black or African American (Non-Hispanic)
    73 ± 116
  3. White (Hispanic)
    35 ± 52
3.56%
Hispanic Population
50 people

In 2023, there were 17.5 times more White (Non-Hispanic) residents (1.28k people) in Victory Lakes, NJ than any other race or ethnicity. There were 73 Black or African American (Non-Hispanic) and 35 White (Hispanic) residents, the second and third most common ethnic groups.

3.56% of the people in Victory Lakes, NJ are hispanic (50 people).

The following chart shows the 8 races represented in Victory Lakes, 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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Military

Veterans

Most Common Service Period
  1. Gulf War (1990s)
    28 ± 35
  2. Vietnam
    0 ± 24
  3. Korea
    0 ± 20

Victory Lakes, NJ has a large population of military personnel who served in Gulf War (1990s), NaNy times greater than any other conflict.

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Economy

The economy of Victory Lakes, NJ employs 718 people. In 2023, the largest industries in Victory Lakes, NJ were Educational Services (125 people), Retail Trade (108 people), and Manufacturing (103 people), and the highest paying industries were Professional, Scientific, & Technical Services ($108,163), Professional, Scientific, & Management, & Administrative & Waste Management Services ($107,781), and Manufacturing ($84,570).

Employment

Occupations

718
2023 Value
± 238
5.43%
1 Year growth
± 45.3%

From 2022 to 2023, employment in Victory Lakes, NJ grew at a rate of 5.43%, from 681 employees to 718 employees.

The most common job groups, by number of people living in Victory Lakes, NJ, are Sales & Related Occupations (88 people), Office & Administrative Support Occupations (87 people), and Architecture & Engineering Occupations (84 people). This chart illustrates the share breakdown of the primary jobs held by residents of Victory Lakes, 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

718
2023 Value
± 238
5.43%
1 Year growth
± 45.3%

From 2022 to 2023, employment in Victory Lakes, NJ grew at a rate of 5.43%, from 681 employees to 718 employees.

The most common employment sectors for those who live in Victory Lakes, NJ, are Educational Services (125 people), Retail Trade (108 people), and Manufacturing (103 people). This chart shows the share breakdown of the primary industries for residents of Victory Lakes, NJ, though some of these residents may live in Victory Lakes, 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

$87,214
Median earning men ± $5,073
$47,308
Median earning women ± $59,480

The industries with the best median earnings for men in 2023 are Professional, Scientific, & Management, & Administrative & Waste Management Services ($108,112), Manufacturing ($84,961), and Retail Trade ($11,500).

The industries with the best median earnings for women in 2023 are Educational Services, & Health Care & Social Assistance ($58,304), Retail Trade ($6,397), and Public Administration ($N/A).

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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

Completions

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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Working Population

Educational Pyramid

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

In 2023, 1.22% of men over 25 years of age had not completed any academic degree (no schooling), while 1.18% of women were in the same situation.

This visualization shows the gender distribution of the population according to the academic level reached.

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Educational Attainment

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

The most common educational levels obtained by the working population in 2023 were High School or Equivalent (1.91M), Bachelors Degree (1.8M), and Some college (1.26M).

This visualization illustrates the percentage distribution of the population according to the highest educational level reached. You can filter the data by race by using the selector above.

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Housing & Living

The median property value in Victory Lakes, NJ was $228,000 in 2023, which is 0.751 times smaller than the national average of $303,400. Between 2022 and 2023 the median property value increased from $208,500 to $228,000, a 9.35% increase. The homeownership rate in Victory Lakes, NJ is 92.6%, which is higher than the national average of 65%.

People in Victory Lakes, NJ have an average commute time of 31.4 minutes, and they drove alone to work. Car ownership in Victory Lakes, NJ is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$228,000
Median Property Value 2023
±$25,710
$563
Median Property Taxes
±$203

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

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

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Rent vs Own

92.6%
Homeownership
2023
56.4%
Homeowners with Mortgage
2023

In 2023, 92.6% of the housing units in Victory Lakes, NJ were occupied by their owner. This percentage declined from the previous year's rate of 95.6%.

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

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Equity

Income by Location

Use the dropdown to filter by race/ethnicity.
Race/Ethnicity

The following map shows all of the places in Victory Lakes, NJ colored by their Median Household Income (Total).

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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.
$97,273
Median Household Income
± $38,979
608
Number of Households
± 201

In 2023, the median household income of the 608 households in Victory Lakes, NJ grew to $97,273 from the previous year's value of $94,821.

The following chart displays the households in Victory Lakes, 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 $60k - $75k range.

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Wage Distribution

The closest comparable wage GINI for Victory Lakes, 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 2023
  1. Drove Alone (85%)
  2. Carpooled (11.7%)
  3. Worked At Home (1.81%)

In 2023, 85% of workers in Victory Lakes, NJ drove alone to work, followed by those who carpooled to work (11.7%) and those who worked at home (1.81%).

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

31.4 minutes
Average Travel Time

Using averages, employees in Victory Lakes, NJ have a longer commute time (31.4 minutes) than the normal US worker (26.6 minutes). Additionally, 0% of the workforce in Victory Lakes, NJ have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Victory Lakes, 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 Victory Lakes, NJ distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Victory Lakes, NJ have 2 cars.

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Poverty

Poverty & Diversity

11.9% of the population for whom poverty status is determined in Victory Lakes, NJ (165 out of 1.39k people) live below the poverty line, a number that is lower than the national average of 12.4%. The largest demographic living in poverty are Females 25 - 34, followed by Females 18 - 24 and then Females 45 - 54.

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

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

94.7% of the population of Victory Lakes, NJ has health coverage, with 63.9% on employee plans, 12.4% on Medicaid, 11.9% on Medicare, 6.37% on non-group plans, and 0% on military or VA plans.

Primary care physicians in New Jersey see 1,279 patients per year on average, which represents a 8.3% increase from the previous year (1,181 patients). Compare this to dentists who see 1157 patients per year, and mental health providers who see 343 patients per year.

By gender, of the total number of insured persons, 53.4% were men and 46.6% were women.

Coverage

Health Care Diversity

In 2023, insured persons according to age ranges were distributed in 23% under 18 years, 15.3% between 18 and 34 years, 45.9% between 35 and 64 years, and 15.7% over 64 years.

By gender, of the total number of insured persons, 53.4% were men and 46.6% were women.

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

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Uninsured People

5.29%
Uninsured
63.9%
Employer Coverage
12.4%
Medicaid
11.9%
Medicare
6.37%
Non-Group
0%
Military or VA

Between 2022 and 2023, the percent of uninsured citizens in Victory Lakes, NJ grew by 2.52% from 5.16% to 5.29%.

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

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