Living in Caldwell, New Jersey
Cost of living, income, home prices, rent and demographics of Caldwell · Census data 2020–2024
Caldwell has 9,003 residents with a median age of 37.2. The median household income is $96,824 (7% lower than the New Jersey median), the median home value is $575,400, the median rent is $1,976/month.
Caldwell at a glance
- Population
- 9,003
- Median age
- 37.2State: 40.1
- Median household income
- $96,824State: $103,556
- Median home value
- $575,400State: $454,400
- Median rent
- $1,976/moState: $1,720
- Homeowners
- 41.9%
- Bachelor's degree or higher
- 56.9%
- Average commute
- 30 min
Is Caldwell a good place to live?
Pros: An average commute of 30 minutes; unemployment of 4.4%; a poverty rate of 8%.
Cons: Median household income 7% lower than the New Jersey median; home values 27% higher than the state median.
The weather is best in May–June and August–September.
Cost of living in Caldwell
Housing is the biggest part of the cost of living. In Caldwell the median home value is $575,400, 73% higher than the U.S. median. Renters pay a median of $1,976 per month, which is 31.4% of household income. Homeowners with a mortgage pay $3,626 a month in housing costs.
Caldwell median household income
The median household income in Caldwell is $96,824 and the income per person is $59,805. 8% of residents live below the poverty line (New Jersey: 9.7%).
Housing in Caldwell: homes for sale and rent
- Housing units
- 3,926
- Owner-occupied
- 41.9%
- Renter-occupied
- 58.1%
- Vacant
- 3.2%Includes seasonal homes
- Median year built
- 1959
- Average household size
- 2.22
Caldwell demographics
- Population
- 9,003
- Median age
- 37.2
- Under 18
- 20%
- 65 and older
- 18.7%
- Households
- 3,799
- Foreign-born
- 21.7%
- Veterans
- 2.2%Adults 18+
Hispanic or Latino can be of any race. Population history of Caldwell ›
Education in Caldwell
56.9% of adults 25 and older in Caldwell have a bachelor's degree or higher (New Jersey: 43.6%), and 25.2% have a graduate or professional degree.
Jobs and commute in Caldwell
- Unemployment rate
- 4.4%State: 6.3%
- Average commute
- 30 minState: 31 min
- Work from home
- 19.8%
- Drive alone
- 59.9%
- Public transit
- 6.7%
- Walk to work
- 2.7%
- Homes with broadband
- 89.5%
Caldwell vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Caldwell | 9,003 | $96,824 | $575,400 | $1,976 |
| Essex Fells | 2,361 | $250,001 | $1,083,000 | $3,501 |
| West Caldwell | 10,995 | $158,467 | $659,100 | $1,877 |
| Verona | 14,545 | $161,843 | $608,400 | $2,130 |
| North Caldwell | 6,656 | $208,245 | $904,500 | $3,329 |
| Roseland | 6,268 | $164,458 | $665,700 | $3,297 |
| Pleasantdale | 2,145 | $144,281 | $579,800 | — |
| Cedar Grove | 13,475 | $151,263 | $634,000 | $1,896 |
| Fairfield | 7,824 | $115,980 | $688,500 | $2,656 |
More for people moving to Caldwell
Caldwell ZIP code ›Weather and climate ›Living in Caldwell: FAQ
What is the median household income in Caldwell, NJ?
The median household income in Caldwell is $96,824, 7% lower 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 Caldwell?
The median home value in Caldwell is $575,400, compared with $454,400 in New Jersey.
How much is rent in Caldwell?
The median gross rent in Caldwell is $1,976 per month, about 31.4% of household income.
Is Caldwell, NJ a good place to live?
Pluses: an average commute of 30 minutes; unemployment of 4.4%; a poverty rate of 8%. Minuses: median household income 7% lower than the New Jersey median; home values 27% higher than the state median.
What is the median age in Caldwell?
The median age in Caldwell is 37.2 years (New Jersey: 40.1).
How long is the commute in Caldwell?
The average commute to work in Caldwell is 30 minutes; 19.8% of workers work from home.
What is the unemployment rate in Caldwell?
The unemployment rate in Caldwell is 4.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Caldwell?
56.9% of adults in Caldwell 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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