Exchange Place, Jersey City, NJ demographics:
population, income, and more

Total population
866
-2.9% year-over-year change
Median household income
$188,878/yr
8.9% year-over-year change
Housing units
504
-2.3% year-over-year change

Exchange Place population

How many people live in Exchange Place

Exchange Place is home to 866 residents, according to the most recent Census data. Gender-wise, 49.5% of Exchange Place locals are male, and 50.6% are female.

Total population
866
-2.9% year-over-year change
Gender ratio
Male
49.5%
429
Female
50.6%
438
Value Percent YoY change
Male 429 49.5% -6.9%
Female 438 50.6% 1.9%
A higher population often means more rental variety and livelier areas. The gender balance—how many men live here compared to women—can reveal a lot about the community and the lifestyles of its residents. Use this info to get a sense of the area's pace and personality.

Age demographics

The median age in Exchange Place is 32, with the population distributed as follows: about 12.3% are children under 15, then 3.2% are in the 15 to 24 age group. Adults between 25 and 44 make up 63.9% of the population, while another 14.9% fall into the 45 to 64 bracket. Finally, around 5.6% are 65 or older.

Median age
32
Age breakdown
Under 15
12.3%
15 to 24
3.2%
25 to 44
63.9%
45 to 64
14.9%
Over 65
5.6%
Value Percent YoY change
Under 15 107 12.3% -0.9%
15 to 24 28 3.2% -20.0%
25 to 44 554 63.9% -1.4%
45 to 64 129 14.9% -8.5%
Over 65 49 5.6% 8.9%
The age composition helps you get insight into who lives in the area. A younger population might mean a more active, fast-paced vibe, while an older one could suggest a quieter, slower lifestyle. If there's a balanced makeup, you’re likely to find a variety of services, housing types, and community spaces that cater to different life stages.

Racial makeup

In Exchange Place, 55.2% of the population are US-born citizens, while 13.6% have gained naturalized citizenship. At the same time, 31.2% of residents are non-citizens. As for race, 37.8% of locals are Caucasian, 4.5% are African American and 39.3% have Asian roots. There’s also a share of 13.6% that includes residents with two or more races.

Citizenship
U.S.-born citizens
55.2%
Non-U.S.-born citizens
13.6%
Non-citizens
31.2%
Value Percent YoY change
U.S.-born citizens 478 55.2% 1.3%
Non-U.S.-born citizens 118 13.6% -20.8%
Non-citizens 270 31.2% -0.4%
Racial breakdown
White
37.8%
Black or African American
4.5%
American Indian and Alaska Native
0.2%
Asian
39.3%
Native Hawaiian and other Pacific Islander
0%
Two or more races
13.6%
Other
4.6%
Value Percent
White 327 37.8%
Black or African American 39 4.5%
American Indian and Alaska Native 2 0.2%
Asian 340 39.3%
Two or more races 118 13.6%
Other 40 4.6%

Households in Exchange Place

A peek inside Exchange Place households

Exchange Place has 469 households, with an average of 2 members in each. Of these, 42.4% are families, while the remaining 57.6% are made up of individuals living alone or with non-relatives, such as roommates.

Households stats

Total households
469
-2.7% year-over-year change
Average people per household
2
Non-family households
270
Family households
199
Value Percent YoY change
Non-family households 270 57.6% -5.3%
Family households 199 42.4% 1.0%
The mix between family and non-family households gives a glimpse into daily life. A higher percentage of families might mean more parks and schools, while more non-family setups can mean flexible housing and diverse living styles. For renters, this can signal what kinds of homes are common and can help you figure out if the area matches your lifestyle.

Housing in Exchange Place

The housing landscape of Exchange Place

Exchange Place's housing consists of 504 units, with 1.6% being detached single-family homes ideal for those wanting space. Attached options, including duplexes and townhouses, make up 3% and offer a more compact, shared living style.

Housing units
504
-2.3% year-over-year change
Housing types
Value Percent
1 unit, detached 8 1.6%
1 unit, attached 15 3%
2 units 20 4%
3 or 4 units 37 7.3%
5 to 9 units 31 6.1%
10 to 19 units 14 2.8%
20 to 49 units 24 4.8%
50 or more units 356 70.5%
Homes built since 2020
11
83.3% year-over-year change

The age of buildings in Exchange Place

In Exchange Place, the median construction year is 2006. About 16.1% of homes were built before the 1940s, with another 1.4% going up by 1949. Most development happened in the second half of the 20th century. Then, 14.9% of homes were added from 2000 to 2009, 41.3% between 2010 and 2019, and 2.2% are part of the newest wave of development.

Construction year breakdown by decade
Value Percent YoY change
Built in 1939 or earlier 81 16.1% -6.9%
Built between 1940 and 1949 7 1.4% -22.2%
Built between 1950 and 1959 12 2.4% 20.0%
Built between 1960 and 1969 16 3.2% -11.1%
Built between 1970 and 1979 20 4% -4.8%
Built between 1980 and 1989 20 4% -4.8%
Built between 1990 and 1999 54 10.7% -14.3%
Built between 2000 and 2009 75 14.9% 5.6%
Built between 2010 and 2019 208 41.3% -0.9%
Built in 2020 or later 11 2.2% 83.3%
As a renter, knowing when homes were built helps you understand the potential condition and design of rental units. Newer builds may have more contemporary layouts, while older homes can offer character or larger lots, depending on the area.

Exchange Place occupancy rates

Out of the 469 occupied housing units in Exchange Place, 16.4% are owner-occupied, while 83.6% are lived in by tenants. Meanwhile, 6.9% of all homes on the local market sit vacant.

Occupied housing units
469
-2.7% year-over-year change
Occupancy breakdown
Renter occupied
392
Owner occupied
77
Value Percent YoY
change
Renter occupied 392 83.6% -3.5%
Owner occupied 77 16.4% 1.3%
Unoccupied housing units
6.9%
Unoccupied housing units refer to homes that are currently without residents—whether they're waiting for renters or owners, used seasonally, or simply unclaimed. A higher share of empty homes may mean more housing availability, while a low number can reflect a tighter market with more competition. This, along with the renter-vs.-owner mix, helps paint a clearer picture of what types of housing and services are likely to be available in the area.

Exchange Place housing costs

Housing costs in Exchange Place come to a median of $3,542 per month, while tenants specifically pay a median gross rent of $3,297.

Median housing costs per month
$3,542/month
This figure sums up typical monthly housing costs for all households in the area. If you own, it includes mortgage payments in addition to property taxes, insurance and HOA fees. If you rent, it accounts for rent plus extras like utilities. It’s useful for seeing how local living expenses stack up compared to other places.
Median gross rent in Exchange Place
$3,297/month
Gross rent gives a more complete look at what renters actually pay, including not just base rent, but also utilities and fees. It’s a key number for evaluating rental affordability in your area of interest and understanding how it compares to nearby locations.

Education in Exchange Place

Exchange Place education at a glance

About 6% of the population in Exchange Place went to high school, while 5.3% pursued college studies. Another 1.7% earned an associate degree and 39.8% hold a bachelor’s. Meanwhile, 45.2% went even further, earning a master’s or doctorate.

Education level
Value Percent YoY change
No high school 15 2% -6.2%
High school diploma 45 6% -13.5%
College diploma 40 5.3% 5.3%
Associate degree 13 1.7% 8.3%
Bachelor's degree 300 39.8% -7.4%
Graduate degree 340 45.2% 1.2%
A community’s education mix can offer insights into the local economy and housing market. Higher levels of education often align with more job opportunities and stable incomes, which can increase demand for homes and influence both rent prices and rental availability.

Income in Exchange Place

How much people earn in Exchange Place

The average annual household income in Exchange Place was $208,524 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +3.2% change from the previous year. At the same time, the median income stood at $188,878, reflecting a +8.9% shift over the same period.

Average household income in Exchange Place
$208,524/year
3.2% year-over-year change
Median household income in Exchange Place
$188,878/year
8.9% year-over-year change

Exchange Place income by age

In Exchange Place, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $225,209. Those with someone between 45 and 64 in charge, often well established professionally, earn $186,970 overall. Younger households, where the main provider is under 25 and just starting out, report a median income of $69,762, while those led by someone over 65, many of whom may be retired, have about $39,663 in earnings. Overall, 94.5% of the locals in this community live above the poverty line.

Income breakdown by age
Value YoY change
Under 25 $69,762 -1.5%
25 - 44 $225,209 10.3%
45 - 64 $186,970 11.3%
Over 65 $39,663 22.5%
Above poverty level
805
Below poverty level
47
Value Percent YoY
change
Above poverty level 805 94.5% -2.2%
Below poverty level 47 5.5% -7.8%

Employment in Exchange Place

Workforce and job types in Exchange Place

96.9% of the working population are employed in professional or administrative positions, while 3.1% are in hands-on or service-based jobs. Also, 4.8% run their own businesses, 84% are employed by private companies, and 4.8% work in the public sector.

Workforce demographics

White collar
623
Blue collar
20
Value Percent YoY change
White collar 623 96.9% -2.7%
Blue collar 20 3.1% -4.8%
Employer type
Self employees
4.8%
Private companies
84%
Governmental workers
4.8%
Not for profit companies
6.4%
Value Percent YoY change
Self employees 31 4.8% 3.3%
Private companies 539 84% -3.6%
Governmental workers 31 4.8% -3.1%
Not for profit companies 41 6.4% 5.1%

Transportation in Exchange Place

How people get around in Exchange Place

Commuting methods vary: 54% of residents travel by personal vehicle and 21.4% prefer to walk, while the remaining share relies on public transit or on two wheelers to get from A to B.

Means of transportation
Value Percent YoY change
Car 68 54% -17.1%
Taxicab 2 1.6% 0.0%
Bus or trolleybus 5 4% 0.0%
Railroad 14 11.1% -12.5%
Ferryboat 4 3.2% -60.0%
Bicycle 6 4.8% 100.0%
Walk 27 21.4% -28.9%
Understanding how locals get to work can help you plan your own routine. High car usage might mean you’ll need a vehicle, while strong public transit or walkability could save you the hassle. Commute times also play a big role in quality of life—shorter trips can give you more time for the things you enjoy.

What is the median and average household income in Exchange Place by zipcode?

Zipcode Population Number of households Median income Average income
07302 56,220 28,824 $175,077 $223,346
07311 1,714 1,054 $202,679 $241,726

Explore more communities

FAQs about Exchange Place demographics 

What is the total population of Exchange Place?

Exchange Place has a total population of 866 residents, according to the latest release from the U.S. Census Bureau: the 2019-2023 American Community Survey (ACS) 5-year estimates. This figure changed by -2.9% compared to a year ago.

What is the gender ratio in Exchange Place?

The gender ratio in Exchange Place is as follows:
  • 49.5% males (429 residents)
  • 50.6% females (438 residents)

What is the median age in Exchange Place?

The median age in Exchange Place is 32.

What is the age distribution of the population in Exchange Place?

The age distribution in Exchange Place is as follows:
  • Under 15: 12.3% (107 residents)
  • Ages 15-24: 3.2% (28 residents)
  • Ages 25-44: 63.9% (554 residents)
  • Ages 45-64: 14.9% (129 residents)
  • Over 65: 5.6% (49 residents)

What is the racial and ethnic makeup of Exchange Place?

The racial and ethnic makeup of Exchange Place is as follows:
  • White: 37.8% (327 residents)
  • Black or African American: 4.5% (39 residents)
  • American Indian and Alaska Native: 0.2% (2 residents)
  • Asian: 39.3% (340 residents)
  • Native Hawaiian and Other Pacific Islander: 0% ( residents)
  • Two or More Races: 13.6% (118 residents)
  • Other: 4.6% (40 residents)

What percentage of the population in Exchange Place are U.S.-born citizens?

U.S.-born citizens represent 55.2% of the population in Exchange Place.

How many housing units are there in Exchange Place?

There are 504 housing units in Exchange Place, reflecting a -2.3% change compared to the previous year, according to the latest data from the U.S. Census Bureau.

How many households are in Exchange Place and what is the average household size?

Exchange Place has a total of 469 households, with an average of 2 people in each.

What is the median household income in Exchange Place?

Exchange Place has a median household income of $188,878, representing a +8.9% shift from the previous year, according to the U.S. Census Bureau.

What is the job market overview for Exchange Place?

Here’s a detailed breakdown of the local job market:

Job types:
  • White-collar workers: 96.9% (623 residents)
  • Blue-collar workers: 3.1% (20 residents)

Places of employment:
  • Self-employed: 4.8% (31 residents)
  • Private companies: 84% (539 residents)
  • Governmental workers: 4.8% (31 residents)
  • Not-for-profit companies: 6.4% (41 residents)

Data source & methodology

The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.

The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.

No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.

Page last updated: September 2025