Lodi New Jersey is a borough in Bergen County, New Jersey, United States. As of the 2000 United States Census, the borough population was 23,971. The borough of Lodi is governed under the 1923 Municipal Manager Law.Lodi is taken from the Italian city of Lodi. Lodi was incorporated as a borough on December 22, 1894.
Lodi is a subburb of New York City. Many residents who live in Lodi commute to New York City via New Jersey trains and buses. Lodi has afford able real estate prices and with lower mortgage rates Lodi is even more affordable. The town’s excellent schools attracts young families. In fact current mortgage rates on 30 year home jumbo loans are under 5.00%. You can use a mortgage calculator with taxes here mortgagecalculatorwithtaxes.biz to figure out how much home you can buy.
The median income for a household in the borough was $43,421, and the median income for a family was $51,959. The per capita income for the borough was $21,667. About 5.3% of families and 8.0% of the population were below the poverty line, including 9.9% of those under age 18 and 9.8% of those age 65 or over.