Living in Edison, New Jersey

Cost of living, income, home prices, rent and demographics of Edison · Census data 2020–2024

Edison has 108,164 residents with a median age of 39.9. The median household income is $125,145 (21% higher than the New Jersey median), the median home value is $496,900, the median rent is $1,974/month.

Edison at a glance

Population
108,164
Median age
39.9State: 40.1
Median household income
$125,145State: $103,556
Median home value
$496,900State: $454,400
Median rent
$1,974/moState: $1,720
Homeowners
60.6%
Bachelor's degree or higher
58.4%
Average commute
34 min

Is Edison a good place to live?

Pros: Median household income 21% higher than the New Jersey median; unemployment of 6.2%; a poverty rate of 4.7%.

Cons: Home values 9% higher than the state median; an average commute of 34 minutes.

The weather is best in May–June and August–September.

Cost of living in Edison

Housing is the biggest part of the cost of living. In Edison the median home value is $496,900, 49% higher than the U.S. median. Renters pay a median of $1,974 per month, which is 24.7% of household income. Homeowners with a mortgage pay $3,184 a month in housing costs.

Median home value

Edison$496,900
New Jersey$454,400
United States$332,700

Median monthly rent

Edison$1,974
New Jersey$1,720
United States$1,413

Edison median household income

The median household income in Edison is $125,145 and the income per person is $55,237. 4.7% of residents live below the poverty line (New Jersey: 9.7%).

Median household income

Edison$125,145
New Jersey$103,556
United States$80,734

Housing in Edison: homes for sale and rent

Housing units
39,225
Owner-occupied
60.6%
Renter-occupied
39.4%
Vacant
2.9%Includes seasonal homes
Median year built
1975
Average household size
2.81

Edison demographics

Population
108,164
Median age
39.9
Under 18
23.6%
65 and older
15.9%
Households
38,098
Foreign-born
47.7%
Veterans
2.4%Adults 18+

Race and ethnicity

White25.9%
Hispanic or Latino11.2%
Black8.2%
Asian52.8%

Hispanic or Latino can be of any race. Population history of Edison ›

Education in Edison

58.4% of adults 25 and older in Edison have a bachelor's degree or higher (New Jersey: 43.6%), and 26.5% have a graduate or professional degree.

Bachelor's degree or higher

Edison58.4%
New Jersey43.6%
United States35.7%

Jobs and commute in Edison

Unemployment rate
6.2%State: 6.3%
Average commute
34 minState: 31 min
Work from home
24.2%
Drive alone
56.6%
Public transit
8.3%
Walk to work
0.9%
Homes with broadband
94.8%

Edison vs nearby towns

TownPopulationMedian incomeHome valueRent
Edison108,164$125,145$496,900$1,974
Metuchen15,144$158,052$604,300$2,078
Fords12,771$115,861$438,000$1,913
Sayreville45,838$99,979$444,100$1,711
Hopelawn3,496$113,242$372,100$1,272
Menlo Park Terrace3,062$110,278$427,400$1,971
South Amboy9,989$91,997$379,700$1,707
Highland Park15,121$104,694$471,700$1,873
Perth Amboy55,855$61,977$370,600$1,688

More for people moving to Edison

Edison ZIP code ›Weather and climate ›

Living in Edison: FAQ

What is the median household income in Edison, NJ?

The median household income in Edison is $125,145, 21% 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 Edison?

The median home value in Edison is $496,900, compared with $454,400 in New Jersey.

How much is rent in Edison?

The median gross rent in Edison is $1,974 per month, about 24.7% of household income.

Is Edison, NJ a good place to live?

Pluses: median household income 21% higher than the New Jersey median; unemployment of 6.2%; a poverty rate of 4.7%. Minuses: home values 9% higher than the state median; an average commute of 34 minutes.

What is the median age in Edison?

The median age in Edison is 39.9 years (New Jersey: 40.1).

How long is the commute in Edison?

The average commute to work in Edison is 34 minutes; 24.2% of workers work from home.

What is the unemployment rate in Edison?

The unemployment rate in Edison is 6.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Edison?

58.4% of adults in Edison 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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