HomeNew JerseyGloucester CountyThorofare CDP
Thorofare CDP, New Jersey: commercial real estate data.
Thorofare CDP is a Census CDP of 2,348 people across 3.35 square miles of land, in Gloucester County. Median household income is $88,438, 73.5 percent of occupied homes are owned, and the SBA record carries 1 7(a) approvals to borrowers here worth $350,000.
66 sourced place values · tier FULL · 7 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Thorofare
What Thorofare is
- Census place typeCDP
- Land area3.35 sq mi
- Water area0.81 sq mi
- Population per square mile of land700
- County holding the largest share of its areaGloucester County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Thorofare
How many people live in Thorofare
- Population2,348
- Median age59.6
- Population under 18235 plus or minus 84
- Share under 1810.0 percent plus or minus 3.1
- Population 65 and over909
- Share 65 and over38.7 percent
- Households1,253
- Family households602 plus or minus 143
- Share of households that are families48.0 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Thorofare
Income and work in Thorofare
- Median household income$88,438 plus or minus $29,480
- Per capita income$53,895
- Civilian labor force1,099 plus or minus 273
- Employed1,080 plus or minus 277
- Unemployed19 plus or minus 23
- Unemployment rate1.7 percent plus or minus 2.0
- Adults 25 and over2,010
- Adults 25 and over with a high school diploma or higher93.2 percent plus or minus 20.7
- Adults 25 and over with a bachelor degree or higher26.0 percent plus or minus 5.4
- Adults 25 and over with a graduate degree13.2 percent plus or minus 4.6
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Thorofare
Housing in Thorofare
- Housing units1,295
- Occupied units1,253
- Vacant units42 plus or minus 39
- Vacancy rate3.2 percent plus or minus 3.0
- Owner occupied921
- Renter occupied332 plus or minus 113
- Ownership rate73.5 percent
- Median owner-occupied home value$282,600
- Median gross rent, monthly$1,915
- Annual rent as a share of median income26.0 percent plus or minus 9.0
- Single family units892
- Share single family68.9 percent
- Units in buildings of two or more391 plus or minus 128
- Share in buildings of two or more30.2 percent plus or minus 8.9
- Mobile homes12 plus or minus 18
- Median year structure built1998
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Thorofare
How Thorofare gets to work
- Workers 16 and over who commute1,017 plus or minus 268
- Commuting under 15 minutes232 plus or minus 133
- Share commuting under 15 minutes22.8 percent plus or minus 11.6
- Commuting 30 minutes or more454 plus or minus 143
- Share commuting 30 minutes or more44.6 percent
- Drove alone80.2 percent
- Carpooled5.5 percent plus or minus 4.0
- Public transport3.5 percent plus or minus 5.5
- Walked1.3 percent plus or minus 1.9
- Worked from home5.8 percent plus or minus 3.5
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Thorofare
SBA loans in Thorofare (7(a))
- Approvals1
- Gross approval$350,000
- Average approval$350,000
- Median approval$350,000
- Ninetieth percentile approval$350,000
- Largest approval$350,000
- Jobs supported7
- Jobs per approval7.0
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises0.0 percent
- Distinct lenders1
- Distinct industries by NAICS1
A charge-off rate is not published here. only 0 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Gloucester County, not Thorofare
Gloucester County context, not Thorofare figures
These are Gloucester County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Thorofare measurements.
- Establishments in Gloucester County6,298
- Employment at those establishments, Gloucester County107,864
- Covered employment, Gloucester County124,439
- Average annual pay, Gloucester County$58,070
- Average weekly wage, Gloucester County$1,117
- Housing units permitted, Gloucester County899
- Of those, single family, Gloucester County787
- County product, 2024, Gloucester County$19,111,129,000
- County product change over the prior year, Gloucester County4.7 percent
- Average income of an arriving household, Gloucester County$77,914
Every figure in this section is published for Gloucester County as a whole and is not a measurement of Thorofare. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Thorofare questions, answered from the record.
How many people live in Thorofare, New Jersey?
2,348, in 1,253 households. Thorofare CDP covers 3.35 square miles of land, which is 700 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Thorofare in?
Gloucester County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Thorofare?
$88,438. The median owner-occupied home is valued at $282,600. Median gross rent is $1,915 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Thorofare businesses?
1 7(a) approvals totalling $350,000, across 1 lenders, median approval $350,000. These count approvals to borrowers whose address is in Thorofare, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Thorofare borrowers get paid back?
No rate is published for Thorofare. only 0 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Thorofare figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Gloucester County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Thorofare.
Is zoning published for Thorofare?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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