Lebanon is a very small borough located in the state of New Jersey. With a population of 1,670 people and two associated neighborhoods, Lebanon is the 445th largest community in New Jersey. Much of the housing stock in Lebanon was built relatively recently. The construction of new real estate can often be taken as an indication that the local Lebanon economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in Lebanon, where the median household income is $106,389.00. Housing costs in Lebanon are among some of the highest in the nation, although real estate prices here don't compare to real estate prices in the most expensive communities in New Jersey.Lebanon is a decidedly white-collar borough, with fully 88.33% of the workforce employed in white-collar jobs, well above the national average. Overall, Lebanon is a borough of professionals, managers, and sales and office workers. There are especially a lot of people living in Lebanon who work in healthcare (16.50%), management occupations (11.94%), and computer science and math (11.12%). Also of interest is that Lebanon has more people living here who work in computers and math than 95% of the places in the US. One interesting thing about the economy is that relatively large numbers of people worked from their home: 26.08% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes. In Lebanon, however, the average commute to work is quite long. On average, people spend 34.65 minutes each day getting to work, which is significantly higher than the national average. If knowledge is power, Lebanon is a pretty powerful place. 57.46% of the adults in Lebanon have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns. The per capita income in Lebanon in 2022 was $63,113, which is upper middle income relative to New Jersey, and wealthy relative to the rest of the US. This equates to an annual income of $252,452 for a family of four. However, Lebanon contains both very wealthy and poor people as well. Lebanon is a somewhat ethnically-diverse borough. The people who call Lebanon home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Lebanon residents report their race to be White, followed by Asian. Important ancestries of people in Lebanon include Ukrainian, Irish, Italian, German, and Polish. Lebanon also has a high percentage of its population that was born in another country: 27.68%. The most common language spoken in Lebanon is English. Other important languages spoken here include Langs. of India and Slavic languages.
