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The total population of Avalon is estimated to be 1,459 with 730 males (50.03%) and 729 females (49.97%). There are 1 less females than males in Avalon.
The median household income in Avalon was $153,451 in 2021, which marked an an increase of 17,474(12.85%) from $135,977 in 2020. This income is 205.68% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Avalon sees its highest median household income among householders in the age group of 45 to 64 years old, at $171,595. Overall, the median household income for the borough of Avalon stands at $153,451.
In Avalon, the median income for all workers aged 15 years and older, regardless of work hours, was $100,564 for males and $35,709 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $145,383 for males and $90,578 for females.
In Avalon, population is primarily represented by White households, reporting a median income of $154,137.
In 2022, the population of Avalon was 1,218, a 0.98% decrease year-by-year from 2021. Previously, in 2021, Avalon's population was 1,230, a decline of 0.40% compared to a population of 1,235 in 2020.
The median age in Avalon, NJ is 65.7, as per 2021 ACS 5-Year Estimates. Of the total population, 4.06% were under the age of 15, 9.76% aged 15 to 29, 34.90% aged 30 to 64, 43.38% aged 65 to 84, and 7.91% were 85 years of age and older.
Racial distribution of Avalon population: 98.79% are White, 0.21% are Black or African American and 1% are multiracial.