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CITY

Lower Berkshire Valley

New Jersey · 449 residents · 1.009 sq mi
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The short version

Population has fallen 16% since 2023, a loss of 83 residents. Median home value is $492,200. With a median age of 50.1, the population is older than the US median of 38.9. Poverty is rare here, at 1.3% of residents.

At a glance
Older
median age 50.1
US median: 38.9
Average education
35% hold a bachelor's degree
US average: 36%
Stable housing
home values roughly flat, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
449
−16%since 2023
from 532 in 2023
2020 – 2024
Population density
445 / sq mi
−16%since 2023
from 527 / sq mi in 2023
US average: 281
Median age
50.1
−5%since 2023
from 52.8 in 2023
US average: 38.9
Population, 2020 – 2024
43248353358363420202024Lower Berkshire Valley
2024449
20202024
Section 02

Income & economy

Per capita income
$71,159
+16%since 2023
from $61,394 in 2023
US average: $44,673
Households earning $100K+
69.9%
−13.5 ptssince 2023
from 83.4% in 2023
US average: 53.3%
Poverty rate
1.3%
−5.1 ptssince 2023
from 6.4% in 2023
US average: 12.5%
Income inequality (Gini)
0.424
+10%since 2023
from 0.386 in 2023
US average: 0.476
Workforce by industry, 2024
Retail trade23%
US avg: 9.9%
Information18.7%
US avg: 10.8%
Wholesale trade13%
US avg: 6.9%
Finance & insurance10%
US avg: 5.9%
Professional, scientific, technical10%
US avg: 5.1%
Agriculture, forestry, fishing0%
US avg: 1.6%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
Transportation & warehousing0%
US avg: 2.2%
Education & health services0%
US avg: 0.9%
Arts, entertainment, food0%
US avg: 1.9%
Other services0%
US avg: 6.7%
Public administration0%
US avg: 4.8%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$492,200
+22%inflation adjusted, since 2023
from $392,000 in 2023
US average: $376,019
2020 – 2024
Owner-occupied
93.5%
+2.2 ptssince 2023
from 91.2% in 2023
6.5% rent
Vacancy rate
13.1%
−0.8 ptssince 2023
from 13.9% in 2023
US average: 10.0%
Owner cost-burdened
27.3%
−15.0 ptssince 2023
from 42.2% in 2023
US average: 22.9%
Renter cost-burdened
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 47.4%
RELATED:See current rent listings in Lower Berkshire Valley on RentDataNow
Section 04

Race & ethnicity

2023
White, non-Hispanic66.5%(354)
Black11.3%(60)
Hispanic / Latino6%(32)
Asian3.8%(20)
Other12.4%(66)
Diversity Score65.5%(349)
2024
White, non-Hispanic82.6%(371)
Black5.8%(26)
Hispanic / Latino7.8%(35)
Asian0%(0)
Other3.8%(17)
Diversity Score38.3%(172)
Diversity Score
38
−42%since 2023
from 66 in 2023
2020 – 2024
Section 05

Education

Bachelor's degree or higher
35.1%
−10.6 ptssince 2023
from 45.6% in 2023
US average: 35.6%
High school or higher
97.3%
−0.9 ptssince 2023
from 98.1% in 2023
US average: 89.6%
Graduate degree
15.2%
+10.5 ptssince 2023
from 4.7% in 2023
US average: 14.0%
Section 06

Commute & transportation

Average commute
34.6 min
−37%since 2023
from 54.6 min in 2023
US average: 26.5
Drive alone to work
66.5%
−2.7 ptssince 2023
from 69.2% in 2023
US average: 68.9%
Carpooled to work
18.8%
+4.0 ptssince 2023
from 14.7% in 2023
US average: 8.5%
Public transit
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 3.2%
Worked from home
14.7%
−1.4 ptssince 2023
from 16.1% in 2023
US average: 15.0%
Walked to work
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 2.4%
Biked to work
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 0.4%
No vehicle available
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 8.3%
Section 07

Work & employment

Unemployment rate
7.3%
+1.6 ptssince 2023
from 5.7% in 2023
US average: 5.2%
Labor force participation
64.2%
−0.5 ptssince 2023
from 64.8% in 2023
US average: 63.5%
Self-employed
13.9%
+8.9 ptssince 2023
from 5.0% in 2023
US average: 13.1%
Management & professional
49.1%
+8.5 ptssince 2023
from 40.6% in 2023
US average: 42.5%
Section 08

People & community

Male
55.2%
+4.7 ptssince 2023
from 50.6% in 2023
Female
44.8%
−4.7 ptssince 2023
from 49.4% in 2023
Foreign born
11.6%
+10.1 ptssince 2023
from 1.5% in 2023
US average: 14.1%
Veterans
7.4%
+2.0 ptssince 2023
from 5.4% in 2023
US average: 6.2%
With a disability
11.6%
−9.6 ptssince 2023
from 21.2% in 2023
US average: 13.3%
Uninsured
14.5%
+6.8 ptssince 2023
from 7.7% in 2023
US average: 8.4%
Broadband at home
100.0%
Unchangedsince 2023
from 100.0% in 2023
US average: 91.0%
English only at home
86.6%
−13.4 ptssince 2023
from 100.0% in 2023
US average: 77.7%
Spanish at home
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 13.6%
Drill deeper

Places similar to Lower Berkshire Valley

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Pop 420
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Compare Lower Berkshire Valley to nearby cities

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Frequently asked

How many people live in Lower Berkshire Valley, New Jersey?

Lower Berkshire Valley, New Jersey has about 449 residents according to the 2024 American Community Survey.

Is Lower Berkshire Valley, New Jersey expensive?

In Lower Berkshire Valley, New Jersey, the median home is worth about $492,200.

How educated are people in Lower Berkshire Valley, New Jersey?

About 35.1% of adults age 25 and over in Lower Berkshire Valley, New Jersey hold a bachelor's degree or higher.

What is the poverty rate in Lower Berkshire Valley, New Jersey?

About 1.3% of people in Lower Berkshire Valley, New Jersey live below the federal poverty line.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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