Living in Cedar Grove, New Jersey
Cost of living, income, home prices, rent and demographics of Cedar Grove · Census data 2020–2024
Cedar Grove has 13,475 residents with a median age of 42.2. The median household income is $151,263 (46% higher than the New Jersey median), the median home value is $634,000, the median rent is $1,896/month.
Cedar Grove at a glance
- Population
- 13,475
- Median age
- 42.2State: 40.1
- Median household income
- $151,263State: $103,556
- Median home value
- $634,000State: $454,400
- Median rent
- $1,896/moState: $1,720
- Homeowners
- 84.2%
- Bachelor's degree or higher
- 60.6%
- Average commute
- 34 min
Is Cedar Grove a good place to live?
Pros: Median household income 46% higher than the New Jersey median; a poverty rate of 4.1%.
Cons: Home values 40% higher than the state median; an average commute of 34 minutes; unemployment of 8.3%.
The weather is best in May–June and August–September.
Cost of living in Cedar Grove
Housing is the biggest part of the cost of living. In Cedar Grove the median home value is $634,000, 91% higher than the U.S. median. Renters pay a median of $1,896 per month, which is 26.9% of household income. Homeowners with a mortgage pay $3,417 a month in housing costs.
Cedar Grove median household income
The median household income in Cedar Grove is $151,263 and the income per person is $67,703. 4.1% of residents live below the poverty line (New Jersey: 9.7%).
Housing in Cedar Grove: homes for sale and rent
- Housing units
- 5,147
- Owner-occupied
- 84.2%
- Renter-occupied
- 15.8%
- Vacant
- 3.6%Includes seasonal homes
- Median year built
- 1959
- Average household size
- 2.58
Cedar Grove demographics
- Population
- 13,475
- Median age
- 42.2
- Under 18
- 21.5%
- 65 and older
- 23.2%
- Households
- 4,963
- Foreign-born
- 12.7%
- Veterans
- 3.2%Adults 18+
Hispanic or Latino can be of any race. Population history of Cedar Grove ›
Education in Cedar Grove
60.6% of adults 25 and older in Cedar Grove have a bachelor's degree or higher (New Jersey: 43.6%), and 25.3% have a graduate or professional degree.
Jobs and commute in Cedar Grove
- Unemployment rate
- 8.3%State: 6.3%
- Average commute
- 34 minState: 31 min
- Work from home
- 23.5%
- Drive alone
- 57.8%
- Public transit
- 10.3%
- Walk to work
- 0.5%
- Homes with broadband
- 95.9%
Cedar Grove vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Cedar Grove | 13,475 | $151,263 | $634,000 | $1,896 |
| Little Falls | 14,790 | $123,307 | $481,300 | $1,843 |
| Great Notch | 4,008 | $162,101 | $580,400 | $2,070 |
| North Caldwell | 6,656 | $208,245 | $904,500 | $3,329 |
| Verona | 14,545 | $161,843 | $608,400 | $2,130 |
| Upper Montclair | 12,457 | $250,001 | $989,000 | $2,237 |
| Singac | 4,207 | $104,519 | $427,400 | $2,073 |
| Montclair | 40,341 | $151,075 | $906,400 | $2,063 |
| Caldwell | 9,003 | $96,824 | $575,400 | $1,976 |
More for people moving to Cedar Grove
Cedar Grove ZIP code ›Weather and climate ›Living in Cedar Grove: FAQ
What is the median household income in Cedar Grove, NJ?
The median household income in Cedar Grove is $151,263, 46% 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 Cedar Grove?
The median home value in Cedar Grove is $634,000, compared with $454,400 in New Jersey.
How much is rent in Cedar Grove?
The median gross rent in Cedar Grove is $1,896 per month, about 26.9% of household income.
Is Cedar Grove, NJ a good place to live?
Pluses: median household income 46% higher than the New Jersey median; a poverty rate of 4.1%. Minuses: home values 40% higher than the state median; an average commute of 34 minutes; unemployment of 8.3%.
What is the median age in Cedar Grove?
The median age in Cedar Grove is 42.2 years (New Jersey: 40.1).
How long is the commute in Cedar Grove?
The average commute to work in Cedar Grove is 34 minutes; 23.5% of workers work from home.
What is the unemployment rate in Cedar Grove?
The unemployment rate in Cedar Grove is 8.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Cedar Grove?
60.6% of adults in Cedar Grove 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.
Last updated: