Living in Edgewater, New Jersey
Cost of living, income, home prices, rent and demographics of Edgewater · Census data 2020–2024
Edgewater has 14,759 residents with a median age of 40.6. The median household income is $124,050 (20% higher than the New Jersey median), the median home value is $715,700, the median rent is $2,579/month.
Edgewater at a glance
- Population
- 14,759
- Median age
- 40.6State: 40.1
- Median household income
- $124,050State: $103,556
- Median home value
- $715,700State: $454,400
- Median rent
- $2,579/moState: $1,720
- Homeowners
- 39.8%
- Bachelor's degree or higher
- 72.7%
- Average commute
- 38 min
Is Edgewater a good place to live?
Pros: Median household income 20% higher than the New Jersey median; a poverty rate of 7.7%.
Cons: Home values 58% higher than the state median; an average commute of 38 minutes; unemployment of 8%.
The weather is best in May–June and August–September.
Cost of living in Edgewater
Housing is the biggest part of the cost of living. In Edgewater the median home value is $715,700, 115% higher than the U.S. median. Renters pay a median of $2,579 per month, which is 31.3% of household income. Homeowners with a mortgage pay $3,935 a month in housing costs.
Edgewater median household income
The median household income in Edgewater is $124,050 and the income per person is $84,598. 7.7% of residents live below the poverty line (New Jersey: 9.7%).
Housing in Edgewater: homes for sale and rent
- Housing units
- 7,872
- Owner-occupied
- 39.8%
- Renter-occupied
- 60.2%
- Vacant
- 8.3%Includes seasonal homes
- Median year built
- 1992
- Average household size
- 2.04
Edgewater demographics
- Population
- 14,759
- Median age
- 40.6
- Under 18
- 16.4%
- 65 and older
- 14.4%
- Households
- 7,217
- Foreign-born
- 49.6%
- Veterans
- 1.9%Adults 18+
Hispanic or Latino can be of any race. Population history of Edgewater ›
Education in Edgewater
72.7% of adults 25 and older in Edgewater have a bachelor's degree or higher (New Jersey: 43.6%), and 30.9% have a graduate or professional degree.
Jobs and commute in Edgewater
- Unemployment rate
- 8%State: 6.3%
- Average commute
- 38 minState: 31 min
- Work from home
- 30.4%
- Drive alone
- 38.2%
- Public transit
- 23%
- Walk to work
- 3.3%
- Homes with broadband
- 92.5%
Edgewater vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Edgewater | 14,759 | $124,050 | $715,700 | $2,579 |
| Cliffside Park | 25,781 | $93,452 | $588,200 | $1,837 |
| Fairview | 15,099 | $63,606 | $511,400 | $1,694 |
| Fort Lee | 40,067 | $107,274 | $448,000 | $2,270 |
| Palisades Park | 20,290 | $94,743 | $719,600 | $2,009 |
| Ridgefield | 11,498 | $118,059 | $646,200 | $2,095 |
| Guttenberg | 11,754 | $75,683 | $379,000 | $1,677 |
| Leonia | 9,336 | $129,665 | $672,900 | $2,073 |
| Ridgefield Park | 13,235 | $100,718 | $496,700 | $1,731 |
More for people moving to Edgewater
Edgewater ZIP code ›Weather and climate ›Living in Edgewater: FAQ
What is the median household income in Edgewater, NJ?
The median household income in Edgewater is $124,050, 20% 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 Edgewater?
The median home value in Edgewater is $715,700, compared with $454,400 in New Jersey.
How much is rent in Edgewater?
The median gross rent in Edgewater is $2,579 per month, about 31.3% of household income.
Is Edgewater, NJ a good place to live?
Pluses: median household income 20% higher than the New Jersey median; a poverty rate of 7.7%. Minuses: home values 58% higher than the state median; an average commute of 38 minutes; unemployment of 8%.
What is the median age in Edgewater?
The median age in Edgewater is 40.6 years (New Jersey: 40.1).
How long is the commute in Edgewater?
The average commute to work in Edgewater is 38 minutes; 30.4% of workers work from home.
What is the unemployment rate in Edgewater?
The unemployment rate in Edgewater is 8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Edgewater?
72.7% of adults in Edgewater 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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