City profile · New Jersey · Census ACS 2023

Preakness, NJ

Population, income, housing, safety, climate and schools for Preakness - drawn straight from Census ACS, FBI UCR, NOAA, NCES, HUD and FEMA, refreshed on the 2024–2025 release cycle.

18,538
Residents
$133,168
Median income
$603,200
Median home
$2,324
Median rent (state)

Preakness - the verdict

Measured against every US city with at least 1,000 residents, Preakness lands in the 91st percentile for household income. Source: Census ACS.

91st
percentile, household income
89th
percentile, home value
89th
percentile, median rent
📝 How we sourced this

Population, income, and housing-cost figures come from the U.S. Census Bureau American Community Survey 5-year estimates (B-series tables). Crime data uses FBI UCR; climate uses NOAA Climate Normals; school counts come from NCES Common Core of Data; permits use the Census Building Permits Survey (BPS). See our methodology page for the full ETL pipeline and OMB / FIPS join keys.

Data Snapshot: Preakness, NJ

New Jersey's Preakness is a small town, with 18,538 residents per the latest Census Bureau ACS figures. Median household income here is $133,168 per year, placing it in the top quartile of U.S. cities for household income, with a poverty rate of 1.6%. Preakness's housing stock carries a median value of $603,200, and the median resident age is 41.1 years. Educational attainment runs 58.4% of adults with a bachelor's degree or higher. Separately, 64.4% of working-age residents are in the labor force.

New Jersey carries a cost-of-living premium: the state registers 108.8 on a 100-equals-national-average index (Well Above Average) per BEA Regional Price Parities 2024. A typical two-bedroom carries a HUD Fair Market Rent of $2,324 per month statewide. Monthly utility costs average around $275 across New Jersey, per EIA 2023 residential energy estimates. FEMA's National Risk Index rates natural-hazard exposure at 95.8 out of 100 (Very High).

Population

18,538 residents

Census ACS 2023 - New Jersey

Median Household Income

$133,168 /yr

Poverty 1.6%

Cost of Living Index (state)

108.8 (US=100)

Well Above Average - BEA RPP 2024, New Jersey average

How does Preakness compare to other US cities?

Preakness measured against every US city with 1,000+ residents, computed live from the same Census and FBI data shown throughout this page.

Household income 91% higher than other cities
Home value 89% pricier than other cities
Median rent 89% pricier than other cities

"Safer than" reflects total crime rate from FBI UCR; the others use Census ACS estimates.

How we calculate these percentiles & ranks

For each metric we count every US city with population 1,000+ and a non-null value, then compute what share of them fall below Preakness's value: round(cities-below ÷ total × 100). Safety is inverted (percentile = share of cities with a higher crime rate) so a higher number always means safer. The in-state rank narrows that same crime-rate comparison to only the cities PlainCities tracks in New Jersey, breaking ties alphabetically. See the methodology page for the full source-to-figure lineage.

91stIncome percentile

91st percentile nationally for median household income. Source: Census ACS 2023 / FBI UCR 2023.

How Preakness's home value compares nationally

Median home value vs. every US city (population 1,000+)

$603,200 11th percentile more affordable than 11% of 15,600 US cities

$0–$25,000: 5 US cities (0%). Below this entry. $25,000–$50,000: 54 US cities (0%). Below this entry. $50,000–$75,000: 352 US cities (2%). Below this entry. $75,000–$100,000: 1,086 US cities (7%). Below this entry. $100,000–$125,000: 1,516 US cities (10%). Below this entry. $125,000–$150,000: 1,170 US cities (8%). Below this entry. $150,000–$175,000: 1,278 US cities (8%). Below this entry. $175,000–$200,000: 1,229 US cities (8%). Below this entry. $200,000–$225,000: 1,035 US cities (7%). Below this entry. $225,000–$250,000: 976 US cities (6%). Below this entry. $250,000–$275,000: 754 US cities (5%). Below this entry. $275,000–$300,000: 712 US cities (5%). Below this entry. $300,000–$325,000: 521 US cities (3%). Below this entry. $325,000–$350,000: 526 US cities (3%). Below this entry. $350,000–$375,000: 465 US cities (3%). Below this entry. $375,000–$400,000: 393 US cities (3%). Below this entry. $400,000–$425,000: 317 US cities (2%). Below this entry. $425,000–$450,000: 300 US cities (2%). Below this entry. $450,000–$475,000: 307 US cities (2%). Below this entry. $475,000–$500,000: 250 US cities (2%). Below this entry. $500,000–$525,000: 160 US cities (1%). Below this entry. $525,000–$550,000: 156 US cities (1%). Below this entry. $550,000–$575,000: 172 US cities (1%). Below this entry. $575,000–$600,000: 172 US cities (1%). Below this entry. $600,000–$625,000: 163 US cities (1%). This entry sits in this band. $625,000–$650,000: 167 US cities (1%). Above this entry. $650,000–$675,000: 135 US cities (1%). Above this entry. $675,000–$700,000: 101 US cities (1%). Above this entry. $700,000–$725,000: 95 US cities (1%). Above this entry. $725,000–$750,000: 71 US cities (0%). Above this entry. $750,000–$775,000: 65 US cities (0%). Above this entry. $775,000–$800,000: 70 US cities (0%). Above this entry. $800,000–$825,000: 57 US cities (0%). Above this entry. $825,000–$850,000: 67 US cities (0%). Above this entry. $850,000–$875,000: 60 US cities (0%). Above this entry. $875,000–$900,000: 58 US cities (0%). Above this entry. $900,000–$925,000: 47 US cities (0%). Above this entry. $925,000–$950,000: 37 US cities (0%). Above this entry. $950,000–$975,000: 31 US cities (0%). Above this entry. $975,000–$1,000,000: 470 US cities (3%). Above this entry. $1,000,000–$1,025,000: 0 US cities (0%). Above this entry. Preakness $0 $1,025,000 every US city, bucketed by value

Each bar is a $25K-wide band; taller bars hold more US cities. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Census Bureau ACS 5-Year Estimates · 2023

Income distribution context

Household income distribution - Preakness, NJ Preakness, NJ's reported median household income shown against the U.S. national quintile-share pattern (not Preakness, NJ-specific quintile data). The Lorenz curve traces the national cumulative income share against cumulative population share, perfect equality is the diagonal; observed inequality bows below. $ Household Income Distribution Preakness, NJ median $133,168/yr, vs. U.S. national quintile pattern QUINTILE SHARE OF AGGREGATE INCOME Lowest 20% 3.4% Second 20% 9.2% Middle 20% 15.1% Fourth 20% 23.2% Top 20% 49.1% LORENZ CURVE cumulative income vs. population 100% 0% 100% pop. 0%
Preakness, NJ's median household income (Census ACS 5-year estimate) plotted against the U.S. national income-quintile distribution pattern for context; the quintile shares and Lorenz curve are national figures, not computed specifically for Preakness, NJ. Diagonal = perfect equality.

Key socioeconomic indicators

Bachelor's degree or higher (adults 25+) 58.4%

Census ACS S1501, educational attainment

Poverty rate (households below FPL) 1.6%

Census ACS S1701, poverty status

Labor force participation (adults 16+) 64.4%

Census ACS S2301, share of working-age residents in the labor force

Population
18,538
Median Income
$133,168
Median Home Value
$603,200
Median Age
41.1
Poverty Rate
1.6%
Labor force participation
64.4%
Bachelor's Degree+
58.4%

Commute Patterns

How workers travel to work, Census ACS 2023

Drive Alone
72.1%
Carpool
7.7%
Public Transit
6.8%
Walk
0.8%
Work from Home
12.4%

Based on 9,414 workers 16 and over.

Monthly Utility Costs

State-average estimates for New Jersey - EIA 2023 residential energy data

Electricity
$120
avg/month
Natural Gas
$95
avg/month
Water & Sewer
$60
avg/month
Total Utilities
$275
estimated/month

Estimates reflect New Jersey state averages. Actual costs vary by home size, usage, and local rates. Source: U.S. Energy Information Administration (EIA) 2023.

Living Costs & Risk

Cost of living is a New Jersey state average from BEA; rent and hazard risk are county-level figures from HUD and FEMA for the county Preakness sits in

Cost of Living Index
108.8
Well Above Average
US average = 100 · BEA RPP 2024
Typical 2-BR Rent
$2,324/mo
HUD Fair Market Rent
County-level FMR estimate
Natural Hazard Risk
95.8 / 100
Very High
FEMA NRI composite score (county)

Similar Cities in New Jersey

Dover
18,420 people
Ocean Acres
18,689 people
Rutherford
18,748 people
Colonia
18,294 people
Dumont
18,072 people
Iselin
19,151 people

Cities of a Similar Size Nationwide

Population-matched peers from other states, closest to Preakness's 18,538 residents (Census ACS 5-Year 2023).

Westerly, RI
18,528 people
Coronado, CA
18,558 people
Ocean Springs, MS
18,561 people
Franklin Farm, VA
18,509 people
Bensenville, IL
18,576 people
Arcata, CA
18,578 people

Cities with a Similar Household Income Nationwide

Median-household-income-matched peers from other states, closest to Preakness's $133,168 (Census ACS 5-Year 2023, table B19013).

Laurys Station, PA
$133,173 median income
Lake Point, UT
$133,175 median income
Old Miakka, FL
$133,193 median income
Fish Hawk, FL
$133,142 median income
Allen, MD
$133,201 median income
Wedgewood, MI
$133,125 median income

Race & Ethnicity Composition

Race and ethnicity - Preakness, NJ Race categories sum to one hundred percent per Census methodology. Hispanic or Latino is shown separately as an ethnicity overlay; it cuts across all race categories per OMB Directive 15. Race & Ethnicity Composition Preakness, NJ - Census ACS, OMB race + ethnicity categories RACE, sums to 100% 75.1% 11.4% ETHNICITY, Hispanic or Latino (any race) 13.4% White 75.1% Black or African American 2.6% Asian 11.4% American Indian 0.0% Native Hawaiian 0.0% Some other race 5.3% Two or more races 5.7% Per OMB Directive 15: Hispanic/Latino ethnicity is reported separately from the race categories.
Race categories sum to 100%. Hispanic or Latino ethnicity is reported separately and cuts across race per Census/OMB methodology.

City-level race and ethnicity, Census ACS 5-year 2023 (tables B02001, B03001), OMB Directive 15 categories.

How Preakness compares to nearby New Jersey cities

Population + median household income, sourced from Census Bureau ACS 5-year B01001 (population) and B19013 (median household income).

City Population Median Household Income
Preakness (this city) 18,538 $133,168
Dover 18,420 $70,519
Ocean Acres 18,689 $117,739
Rutherford 18,748 $136,069
Census ACS 5-year FIPS NJ OMB Bulletin 23-01

What do people ask about Preakness, NJ?

What is the population of Preakness, NJ? +

18,538 people live in Preakness, NJ according to U.S. Census Bureau ACS 2023 estimates.

What is the median household income in Preakness, NJ? +

Median annual household income in Preakness runs $133,168, based on Census ACS 2023 data.

What is the cost of living in Preakness? +

BEA does not publish a city-level cost-of-living figure for Preakness; the closest available measure is the New Jersey state average, a cost of living index of 108.8 (U.S. average = 100), rated "Well Above Average" based on BEA Regional Price Parities 2024 data. Costs within New Jersey vary by metro area.

What is the median home value in Preakness, NJ? +

Preakness's median home value sits at $603,200, according to Census ACS 2023 estimates.

Source: U.S. Census Bureau ACS 5-Year 2023, Census ACS B08301/B08136, U.S. Energy Information Administration (EIA) 2023, BEA Regional Price Parities 2024, HUD Fair Market Rents 2026, FEMA National Risk Index.

Read our methodology - how this data is sourced, computed, and verified.

Primary sources: Census ACS, FBI UCR, NOAA Climate Normals, NCES.

Citation & verification links Data sourced from the U.S. Census Bureau. See our methodology for details. Retrieved and formatted by PlainCities Editorial

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Every figure on PlainCities is rendered directly from Census ACS source data, no number is typed in by an editor. This page draws directly on Census ACS source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.