Living in Bernardsville, New Jersey
Cost of living, income, home prices, rent and demographics of Bernardsville · Census data 2020–2024
Bernardsville has 7,916 residents with a median age of 40. The median household income is $236,115 (128% higher than the New Jersey median), the median home value is $793,800, the median rent is $2,297/month.
Bernardsville at a glance
- Population
- 7,916
- Median age
- 40State: 40.1
- Median household income
- $236,115State: $103,556
- Median home value
- $793,800State: $454,400
- Median rent
- $2,297/moState: $1,720
- Homeowners
- 94.6%
- Bachelor's degree or higher
- 72.9%
- Average commute
- 28 min
Is Bernardsville a good place to live?
Pros: Median household income 128% higher than the New Jersey median; an average commute of 28 minutes; unemployment of 4.3%; a poverty rate of 1.1%.
Cons: Home values 75% higher than the state median.
The weather is best in June to September.
Cost of living in Bernardsville
Housing is the biggest part of the cost of living. In Bernardsville the median home value is $793,800, 139% higher than the U.S. median. Renters pay a median of $2,297 per month, which is 28.1% of household income. Homeowners with a mortgage pay $4,001 a month in housing costs.
Bernardsville median household income
The median household income in Bernardsville is $236,115 and the income per person is $114,810. 1.1% of residents live below the poverty line (New Jersey: 9.7%).
Housing in Bernardsville: homes for sale and rent
- Housing units
- 2,826
- Owner-occupied
- 94.6%
- Renter-occupied
- 5.4%
- Vacant
- 4.8%Includes seasonal homes
- Median year built
- 1960
- Average household size
- 2.94
Bernardsville demographics
- Population
- 7,916
- Median age
- 40
- Under 18
- 25.2%
- 65 and older
- 19.1%
- Households
- 2,689
- Foreign-born
- 13.5%
- Veterans
- 2.1%Adults 18+
Hispanic or Latino can be of any race. Population history of Bernardsville ›
Education in Bernardsville
72.9% of adults 25 and older in Bernardsville have a bachelor's degree or higher (New Jersey: 43.6%), and 30.9% have a graduate or professional degree.
Jobs and commute in Bernardsville
- Unemployment rate
- 4.3%State: 6.3%
- Average commute
- 28 minState: 31 min
- Work from home
- 27.7%
- Drive alone
- 60.9%
- Public transit
- 3.7%
- Walk to work
- 2.9%
- Homes with broadband
- 98.6%
Bernardsville vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Bernardsville | 7,916 | $236,115 | $793,800 | $2,297 |
| Basking Ridge | 7,917 | $188,295 | $851,200 | $546 |
| Mendham | 4,973 | $211,944 | $819,800 | $3,501 |
| Far Hills | 948 | $143,250 | $792,100 | $1,554 |
| Peapack and Gladstone | 2,571 | $202,578 | $868,800 | $1,820 |
| Bernards | 28,114 | $194,107 | $814,800 | $2,476 |
| Lyons | 5,187 | $250,001 | $1,037,400 | — |
| Brookside | 1,465 | $250,001 | $885,100 | $3,501 |
| Liberty Corner | 2,325 | $241,480 | $1,187,500 | $3,501 |
More for people moving to Bernardsville
Bernardsville ZIP code ›Weather and climate ›Living in Bernardsville: FAQ
What is the median household income in Bernardsville, NJ?
The median household income in Bernardsville is $236,115, 128% 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 Bernardsville?
The median home value in Bernardsville is $793,800, compared with $454,400 in New Jersey.
How much is rent in Bernardsville?
The median gross rent in Bernardsville is $2,297 per month, about 28.1% of household income.
Is Bernardsville, NJ a good place to live?
Pluses: median household income 128% higher than the New Jersey median; an average commute of 28 minutes; unemployment of 4.3%; a poverty rate of 1.1%. Minuses: home values 75% higher than the state median.
What is the median age in Bernardsville?
The median age in Bernardsville is 40 years (New Jersey: 40.1).
How long is the commute in Bernardsville?
The average commute to work in Bernardsville is 28 minutes; 27.7% of workers work from home.
What is the unemployment rate in Bernardsville?
The unemployment rate in Bernardsville is 4.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Bernardsville?
72.9% of adults in Bernardsville 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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