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Fort Lee Apartment Features
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For SaleFort Lee, NJ Homes for Sale
Living In Fort Lee, NJ
Fort Lee is a small city in New Jersey with just under 37,000 residents. Retirees are commonplace, as they make up 24% of the population compared to 14% nationally, while young adults figure less prominently in the demographics. Overall, the city's residents, at an average age of just under 45, skew older than most cities in New Jersey. Renters tend to be in the minority in the area, and 58% of residents own their homes. Relatively high rent costs may play a role, as the average rent of $1,582 a month is substantially higher than the state average of $1,272.
Fort Lee has a high concentration of residents older than 25 with advanced degrees compared to the national average (7%), as 14% have earned a Master's or a Doctorate. Furthermore, 28% have earned a Bachelor's degree, which also outpaces the national average. Many Fort Lee residents work in one of three industries: retail, healthcare, and scientific. Combined, these industries account for 21% of the city's workforce. Meanwhile, looking at job function, 11% of the city's population works in management, which ranks as the top profession in the city. Fort Lee workers earn an average annual income of about $91K, slightly more than the New Jersey average. Fort Lee's average income also compares favorably to the national average of $73,345.
Averaging about 42 minutes, the commute time for Fort Lee residents is slower than the state average of about 34 minutes. Driving is the prevailing way to get to work, chosen by 29% of workers, while public transit is used by just 12% of the population. Few residents (2%) walk to work, though the number exceeds the national average.
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