CensusEasy
CITY · 2020 ACS

Preakness

New Jersey · 18,487 residents · 5.674 sq mi
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The short version

Preakness is significantly wealthier than the US average, with a median household income of $120,380. Population has declined 3% since 2021. 60% of adults hold a bachelor's degree or higher, well above the national rate of 33%. Median home value is $489,900. With a median age of 45.6, the population is older than the US median of 38.8. Households here earn about 41% more than the New Jersey median.

At a glance
Wealthier
above the US median
US median: $66,278
Older
median age 45.6
US median: 38.8
More educated
60% hold a bachelor's degree
US average: 33%
Stable housing
home values roughly flat, inflation adjusted
US median home: $265,253
Section 01

Population & growth

18,487
−3%vs 2021
vs 19,083 in 2021
2020 – 2024
3,258 / sq mi
−3%vs 2021
vs 3,363 / sq mi in 2021
US average: 280
45.6
+9%vs 2021
vs 41.7 in 2021
US average: 38.8
Population, 20202024
18K19K19K19K19K20202024Preakness
202419K
20202024
Section 02

Income & economy

$120,380
Unchangedinflation adjusted, since 2021
vs $125,633 in 2021
US average: $66,278
2020 – 2024
$57,652
−3%vs 2021
vs $59,394 in 2021
US average: $35,364
Households earning $100K+
69.1%
−2.5 ptsvs 2021
vs 71.6% in 2021
US average: 43.9%
3.4%
+0.2 ptsvs 2021
vs 3.2% in 2021
US average: 12.8%
Workforce by industry, 2020
Other services12.2%
US avg: 6.6%
Public administration10.3%
US avg: 4.7%
Information8.4%
US avg: 11.1%
Retail trade7.2%
US avg: 10%
Finance & insurance5.2%
US avg: 5.5%
Professional, scientific, technical4.3%
US avg: 4.7%
Arts, entertainment, food4.1%
US avg: 2%
Wholesale trade3.5%
US avg: 6.7%
Transportation & warehousing3.1%
US avg: 2.5%
Education & health services0.8%
US avg: 0.8%
Agriculture, forestry, fishing0%
US avg: 1.7%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.5%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

$489,900
+1%inflation adjusted, since 2021
vs $506,900 in 2021
US average: $265,253
2020 – 2024
$1,637
−4%inflation adjusted, since 2021
vs $1,793 in 2021
US average: $1,124
69.4%
+0.3 ptsvs 2021
vs 69.1% in 2021
30.6% rent
4.1
+1%vs 2021
vs 4.0 in 2021
2020 – 2024
RELATED:See current rent listings in Preakness on RentDataNow
Section 04

Race & ethnicity

2021
White, non-Hispanic73.6%(14,047)
Black1.4%(272)
Hispanic / Latino11.7%(2,241)
Asian12.2%(2,336)
Other1%(187)
Diversity Score53.6%(10,235)
2020
White, non-Hispanic72.8%(13,467)
Black1.9%(357)
Hispanic / Latino11.6%(2,136)
Asian10.9%(2,006)
Other1.1%(211)
Diversity Score53.1%(9,812)
53
−1%vs 2021
vs 54 in 2021
2020 – 2024
Section 05

Education

59.6%
+0.1 ptsvs 2021
vs 59.5% in 2021
US average: 32.9%
High school or higher
94.9%
−1.6 ptsvs 2021
vs 96.5% in 2021
US average: 88.5%
25.0%
+0.3 ptsvs 2021
vs 24.7% in 2021
US average: 12.7%
Section 06

Commute & transportation

33.4 min
+7%vs 2021
vs 31.2 min in 2021
US average: 26.9
76.4%
−1.4 ptsvs 2021
vs 77.8% in 2021
US average: 75.1%
6.2%
+1.6 ptsvs 2021
vs 4.6% in 2021
US average: 8.4%
Section 07

Work & employment

2.1%
−1.3 ptsvs 2021
vs 3.4% in 2021
US average: 5.4%
65.2%
−0.5 ptsvs 2021
vs 65.7% in 2021
US average: 63.4%
63.0%
+3.3 ptsvs 2021
vs 59.7% in 2021
US average: 39.3%
Section 08

People & community

49.0%
−0.7 ptsvs 2021
vs 49.7% in 2021
51.0%
+0.7 ptsvs 2021
vs 50.3% in 2021
24.2%
+4.0 ptsvs 2021
vs 20.2% in 2021
US average: 13.5%
3.2%
−1.0 ptsvs 2021
vs 4.2% in 2021
US average: 8.8%
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Frequently asked

How many people live in Preakness, New Jersey?

Preakness, New Jersey has about 18,487 residents according to the 2020 American Community Survey.

What is the median household income in Preakness, New Jersey?

The typical household in Preakness, New Jersey earns about $120,380 a year. Half of households make more than that, and half make less.

Is Preakness, New Jersey expensive?

In Preakness, New Jersey, the median home is worth about $489,900, and the typical rent is about $1,637 a month.

How educated are people in Preakness, New Jersey?

About 59.6% of adults age 25 and over in Preakness, New Jersey hold a bachelor's degree or higher.

What is the poverty rate in Preakness, New Jersey?

About 3.4% of people in Preakness, New Jersey live below the federal poverty line.

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

How we source and harmonize this data →