Hoboken, NJ Facts, Population, Income, Demographics, Economy

Population (male): 27,529

Population (female): 27,602

Median Rent: Median gross rent in 2017: $2,129.

Cost of Living: March 2019 cost of living index in Hoboken: 129.8 (high, U.S. average is 100)

Poverty (breakdown): (5.6% for White Non-Hispanic residents, 34.0% for Black residents, 30.1% for Hispanic or Latino residents, 100.0% for Native Hawaiian and other Pacific Islander residents, 10.8% for other race residents, 21.6% for two or more races residents)

Ancestries: Ancestries: Italian (17.5%), Irish (12.0%), German (5.1%), English (2.6%), American (2.5%), Polish (2.3%).

Elevation: 5 feet

Land Area: 1.28 square miles.

Zip Codes: 07030, 07086

In 1630, Michael Reyniersz Pauw, a burgemeester (mayor) of Amsterdam and a director of the Dutch West India Company, received a land grant as patroon on the condition that he would plant a colony of not fewer than fifty persons within four years on the west bank of what had been named the North River. Three Lenape sold the land that was to become Hoboken (and part of Jersey City) for 80 fathoms (146m) of wampum, 20 fathoms (37m) of cloth, 12 kettles, six guns, two blankets, one double kettle and half a barrel of beer. These transactions, variously dated as July 12, 1630 and November 22, 1630, represent the earliest known conveyance for the area. Pauw (whose Latinized name is Pavonia) failed to settle the land, and he was obliged to sell his holdings back to the Company in 1633.