Oaklyn is a small town in New Jersey with a population of approximately 4,000. Young professionals can expect to fit right in, as they account for an above-average percentage of the population. Most residents own their homes in Oaklyn, and 31% of residents rent. With a relatively low average rent of $1,008 a month in the town, renting remains an affordable option, particularly compared to other cities in New Jersey. Each month, renters in Oaklyn will pay around $264 less compared to the state average.
Averaging about 29 minutes, the commute time for Oaklyn residents is shorter than the New Jersey average of about 34 minutes. Driving a car or truck is the prevailing mode of getting to work, selected by 48% of workers, while public transit is used by just 4% of the town. Few residents walk to work.
There are three primary industries in Oaklyn: healthcare, education, and retail. Combined, these industries make up 24% of the workforce in the town. Meanwhile, in terms of job function, 12% of the town's population works in sales, which ranks as the top profession in the town. Oaklyn workers earn an average annual income of nearly $76,000, about $10,000 less than the state average. However, Oaklyn's average income is fairly average compared to the national level of $73,345. Compared to the national average (21%), Oaklyn has a relatively large percentage of residents over the age of 25 who have earned a Bachelor's, Master's, Professional, or Doctoral degree (26%).