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The work force participation rate in Folsom is 63.9%, with an unemployment rate of 7%. For those of you in the labor force, the average commute time is 32.3 minutes. 4.5% of Folsom’s community have a grad degree, and 18.1% posses a bachelors degree. For everyone without a college degree, 29.5% have some college, 39.7% have a high school diploma, and just 8.1% have an education significantly less than twelfth grade. 2.6% are not included in health insurance.
The typical household size in Folsom, NJ is 3.36 residential members, with 92.3% being the owner of their very own homes. The mean home value is $179980. For individuals paying rent, they pay on average $1256 per month. 52.2% of families have two incomes, and a median household income of $76429. Median individual income is $35000. 9.5% of citizens live at or beneath the poverty line, and 15.7% are handicapped. 6.9% of residents are ex-members associated with armed forces of the United States.
Folsom, NJ is located in Atlantic county, and has a residents of 1775, and exists within the more Philadelphia-Reading-Camden, PA-NJ-DE-MD metropolitan region. The median age is 43.8, with 10.8% regarding the populace under ten years old, 12.1% are between 10-19 many years of age, 12.3% of citizens in their 20’s, 10.2% in their 30's, 13.7% in their 40’s, 15.3% in their 50’s, 13.3% in their 60’s, 7.2% in their 70’s, and 5.1% age 80 or older. 53.4% of citizens are male, 46.6% female. 53.6% of inhabitants are reported as married married, with 10.1% divorced and 30.4% never wedded. The % of people confirmed as widowed is 6%.