Avalon, NJ Overview

Avalon is a borough in Cape May County, on Seven Mile Island.  Avalon, has the motto "Cooler by a Mile", since it sticks out into the Atlantic Ocean about a mile farther than other barrier island resorts.  It also refers to the fact that Avalon occupies 4 miles of Seven Mile Island whereas neighboring Stone Harbor occupies 3.  It was ranked the 65th most expensive zip code in the United States by Forbes in 2007.  Avalon is one of the most affluent communities along the Jersey Shore and is home to some of the most expensive real estate on the east coast.  Beach activities and water sports prevail, from swimming to boating and fishing.  This resort town offers exquisite restaurants, exciting nightlife, and well developed retail amenities.  Although the year-round population in this community would rank it in the "small town" category, thousands of seasonal residents and visitors create a bustling scene in the warmer months.

Summary

Population Growth (since 2000)-31%
Population Density (ppl / mile)357.00
Household Size (ppl)1.925
Households w/ Children6%

Housing Stability

Annual Residential Turnover0%
5+ Years in Residency55%
Median Year in Residency6.54

Housing Inventory

Avalon, NJ Housing Inventory 956763,9693,969956763,969

Market Overview

110 listings with an estimated median price of $3,895,000

PriceCount
$0 - 100K1
$400K - 500K5
$500K - 600K5
$600K - 700K2
$700K - 800K2
$900K - 1M3
$1M - Max92
Property TypeCount
Single Family62
Condo40
Commercial3
Lots and Land4
Multi Family1

(Data as of 4/26/2024)

Population Demographics

The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.

Avalon, NJ Population Demographics

Total: 1,484

Households:771

Median Age: 65.03

Climate and Weather

The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.

Temperature (degrees F)

Avalon, NJ Temperature

Weather Risk

Avalon, NJ Weather Risk

Education

The Community Educational Index chart is based on the U.S. Census Bureau's Socioeconomic Status (SES) elements. Factors used in creating the index below are income, educational achievement, and occupation of persons within the selected ZIP code. Since this index is based on the population of an entire Zip code, it may not reflect the nature of an individual school.

Education Climate Index

Avalon, NJ Education Climate Index

Highest Education Level Attained

Avalon, NJ Highest Education Level Attained 2801935725331640628019357253316

Employment and Finance

Workforce

Avalon, NJ Workforce

Income by dollar range (Median Income: $85,326)

Avalon, NJ Income by dollar range 2812252030252222197656110703874813528

Fair Market Rents

The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).

Studio
$719
One Bedroom
$933
Two Bedroom
$1,133
Three Bedroom
$1,574
Four Bedroom
$1,942

Smoking Ban

The Smoking Ban data indicates whether an area has a smoking ban in place for workplaces, restaurants or bars. This information represents that of the search area and may not reflect that of the whole County or State.

Workplaces
Yes
Restaurants
Yes
Bars
Yes

Crime

The Crime Index compares the risk or probability of future occurrence of certain types of crime in this community as compared to the national average. The national average for each type of crime equals a score of 1.0, so a score of 2.0 would represent twice the risk as the national average, and a score of 0.50 would represent half the risk of the national average.

Avalon, NJ Crime

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