Living in Beachwood, New Jersey
Cost of living, income, home prices, rent and demographics of Beachwood · Census data 2020–2024
Beachwood has 11,088 residents with a median age of 42.5. The median household income is $106,858 (3% higher than the New Jersey median), the median home value is $352,600, the median rent is $2,335/month.
Beachwood at a glance
- Population
- 11,088
- Median age
- 42.5State: 40.1
- Median household income
- $106,858State: $103,556
- Median home value
- $352,600State: $454,400
- Median rent
- $2,335/moState: $1,720
- Homeowners
- 92.5%
- Bachelor's degree or higher
- 27.5%
- Average commute
- 31 min
Is Beachwood a good place to live?
Pros: Median household income 3% higher than the New Jersey median; home values 22% lower than the state median; unemployment of 3.1%; a poverty rate of 4.5%.
Cons: An average commute of 31 minutes.
The weather is best in May–June and August–September.
Cost of living in Beachwood
Housing is the biggest part of the cost of living. In Beachwood the median home value is $352,600, 6% higher than the U.S. median. Renters pay a median of $2,335 per month, which is 42.1% of household income. Homeowners with a mortgage pay $2,157 a month in housing costs.
Beachwood median household income
The median household income in Beachwood is $106,858 and the income per person is $49,332. 4.5% of residents live below the poverty line (New Jersey: 9.7%).
Housing in Beachwood: homes for sale and rent
- Housing units
- 4,258
- Owner-occupied
- 92.5%
- Renter-occupied
- 7.5%
- Vacant
- 6%Includes seasonal homes
- Median year built
- 1976
- Average household size
- 2.76
Beachwood demographics
- Population
- 11,088
- Median age
- 42.5
- Under 18
- 19.3%
- 65 and older
- 19.7%
- Households
- 4,003
- Foreign-born
- 8.8%
- Veterans
- 7.3%Adults 18+
Hispanic or Latino can be of any race. Population history of Beachwood ›
Education in Beachwood
27.5% of adults 25 and older in Beachwood have a bachelor's degree or higher (New Jersey: 43.6%), and 8.9% have a graduate or professional degree.
Jobs and commute in Beachwood
- Unemployment rate
- 3.1%State: 6.3%
- Average commute
- 31 minState: 31 min
- Work from home
- 7.5%
- Drive alone
- 83.3%
- Public transit
- 1.1%
- Walk to work
- 0.2%
- Homes with broadband
- 93.9%
Beachwood vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Beachwood | 11,088 | $106,858 | $352,600 | $2,335 |
| South Toms River | 3,716 | $103,503 | $299,700 | $2,063 |
| Berkeley | 44,634 | $66,008 | $310,000 | $1,683 |
| Pine Beach | 2,306 | $142,920 | $457,800 | $1,563 |
| Holiday City South | 4,270 | $51,660 | $266,700 | $1,821 |
| Holiday Heights | 2,121 | $58,297 | $338,900 | — |
| Silver Ridge | 1,279 | $32,293 | $226,500 | $1,375 |
| Island Heights | 1,720 | $109,231 | $546,800 | $1,750 |
| Ocean Gate | 1,599 | $69,397 | $358,000 | $1,604 |
More for people moving to Beachwood
Beachwood ZIP code ›Weather and climate ›Living in Beachwood: FAQ
What is the median household income in Beachwood, NJ?
The median household income in Beachwood is $106,858, 3% higher than the New Jersey median of $103,556 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Beachwood?
The median home value in Beachwood is $352,600, compared with $454,400 in New Jersey.
How much is rent in Beachwood?
The median gross rent in Beachwood is $2,335 per month, about 42.1% of household income.
Is Beachwood, NJ a good place to live?
Pluses: median household income 3% higher than the New Jersey median; home values 22% lower than the state median; unemployment of 3.1%; a poverty rate of 4.5%. Minuses: an average commute of 31 minutes.
What is the median age in Beachwood?
The median age in Beachwood is 42.5 years (New Jersey: 40.1).
How long is the commute in Beachwood?
The average commute to work in Beachwood is 31 minutes; 7.5% of workers work from home.
What is the unemployment rate in Beachwood?
The unemployment rate in Beachwood is 3.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Beachwood?
27.5% of adults in Beachwood have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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