Living in Demarest, New Jersey
Cost of living, income, home prices, rent and demographics of Demarest · Census data 2020–2024
Demarest has 4,911 residents with a median age of 46.1. The median household income is $208,036 (101% higher than the New Jersey median), the median home value is $1,114,600, the median rent is $3,501/month.
Demarest at a glance
- Population
- 4,911
- Median age
- 46.1State: 40.1
- Median household income
- $208,036State: $103,556
- Median home value
- $1,114,600State: $454,400
- Median rent
- $3,501/moState: $1,720
- Homeowners
- 94.3%
- Bachelor's degree or higher
- 75.9%
- Average commute
- 43 min
Is Demarest a good place to live?
Pros: Median household income 101% higher than the New Jersey median; a poverty rate of 1.1%.
Cons: Home values 145% higher than the state median; an average commute of 43 minutes; unemployment of 7.1%.
The weather is best in May–June and August–September.
Cost of living in Demarest
Housing is the biggest part of the cost of living. In Demarest the median home value is $1,114,600, 235% higher than the U.S. median. Renters pay a median of $3,501 per month, which is 47.2% of household income. Homeowners with a mortgage pay $4,001 a month in housing costs.
Demarest median household income
The median household income in Demarest is $208,036 and the income per person is $115,608. 1.1% of residents live below the poverty line (New Jersey: 9.7%).
Housing in Demarest: homes for sale and rent
- Housing units
- 1,748
- Owner-occupied
- 94.3%
- Renter-occupied
- 5.7%
- Vacant
- 4.3%Includes seasonal homes
- Median year built
- 1967
- Average household size
- 2.93
Demarest demographics
- Population
- 4,911
- Median age
- 46.1
- Under 18
- 27.3%
- 65 and older
- 17.3%
- Households
- 1,672
- Foreign-born
- 24.4%
- Veterans
- 1.9%Adults 18+
Hispanic or Latino can be of any race. Population history of Demarest ›
Education in Demarest
75.9% of adults 25 and older in Demarest have a bachelor's degree or higher (New Jersey: 43.6%), and 41.2% have a graduate or professional degree.
Jobs and commute in Demarest
- Unemployment rate
- 7.1%State: 6.3%
- Average commute
- 43 minState: 31 min
- Work from home
- 25.8%
- Drive alone
- 55.8%
- Public transit
- 6.7%
- Walk to work
- 0%
- Homes with broadband
- 97.8%
Demarest vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Demarest | 4,911 | $208,036 | $1,114,600 | $3,501 |
| Cresskill | 9,174 | $170,376 | $811,400 | $2,599 |
| Closter | 8,606 | $190,469 | $871,300 | $2,721 |
| Dumont | 18,279 | $126,071 | $497,400 | $1,787 |
| Alpine | 1,588 | $246,944 | $2,000,001 | $2,750 |
| Haworth | 3,363 | $236,765 | $845,300 | $3,501 |
| Norwood | 5,724 | $178,311 | $709,100 | $2,094 |
| Tenafly | 15,319 | $208,200 | $1,002,600 | $3,501 |
| Harrington Park | 4,954 | $180,500 | $776,900 | $1,414 |
More for people moving to Demarest
Demarest ZIP code ›Weather and climate ›Living in Demarest: FAQ
What is the median household income in Demarest, NJ?
The median household income in Demarest is $208,036, 101% 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 Demarest?
The median home value in Demarest is $1,114,600, compared with $454,400 in New Jersey.
How much is rent in Demarest?
The median gross rent in Demarest is $3,501 per month, about 47.2% of household income.
Is Demarest, NJ a good place to live?
Pluses: median household income 101% higher than the New Jersey median; a poverty rate of 1.1%. Minuses: home values 145% higher than the state median; an average commute of 43 minutes; unemployment of 7.1%.
What is the median age in Demarest?
The median age in Demarest is 46.1 years (New Jersey: 40.1).
How long is the commute in Demarest?
The average commute to work in Demarest is 43 minutes; 25.8% of workers work from home.
What is the unemployment rate in Demarest?
The unemployment rate in Demarest is 7.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Demarest?
75.9% of adults in Demarest 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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