Living in Elmwood Park, New Jersey
Cost of living, income, home prices, rent and demographics of Elmwood Park · Census data 2020–2024
Elmwood Park has 21,412 residents with a median age of 39.9. The median household income is $101,740 (about the same as the New Jersey median), the median home value is $483,700, the median rent is $2,074/month.
Elmwood Park at a glance
- Population
- 21,412
- Median age
- 39.9State: 40.1
- Median household income
- $101,740State: $103,556
- Median home value
- $483,700State: $454,400
- Median rent
- $2,074/moState: $1,720
- Homeowners
- 57.5%
- Bachelor's degree or higher
- 35.1%
- Average commute
- 27 min
Is Elmwood Park a good place to live?
Pros: An average commute of 27 minutes.
Cons: Median household income about the same as the New Jersey median; home values 6% higher than the state median; unemployment of 7.4%; a poverty rate of 11.6%.
The weather is best in May–June and August–September.
Cost of living in Elmwood Park
Housing is the biggest part of the cost of living. In Elmwood Park the median home value is $483,700, 45% higher than the U.S. median. Renters pay a median of $2,074 per month, which is 29.9% of household income. Homeowners with a mortgage pay $3,088 a month in housing costs.
Elmwood Park median household income
The median household income in Elmwood Park is $101,740 and the income per person is $43,773. 11.6% of residents live below the poverty line (New Jersey: 9.7%).
Housing in Elmwood Park: homes for sale and rent
- Housing units
- 7,765
- Owner-occupied
- 57.5%
- Renter-occupied
- 42.5%
- Vacant
- 3.9%Includes seasonal homes
- Median year built
- 1958
- Average household size
- 2.86
Elmwood Park demographics
- Population
- 21,412
- Median age
- 39.9
- Under 18
- 19.6%
- 65 and older
- 18.5%
- Households
- 7,462
- Foreign-born
- 34.4%
- Veterans
- 2.4%Adults 18+
Hispanic or Latino can be of any race. Population history of Elmwood Park ›
Education in Elmwood Park
35.1% of adults 25 and older in Elmwood Park have a bachelor's degree or higher (New Jersey: 43.6%), and 12.5% have a graduate or professional degree.
Jobs and commute in Elmwood Park
- Unemployment rate
- 7.4%State: 6.3%
- Average commute
- 27 minState: 31 min
- Work from home
- 8.5%
- Drive alone
- 68%
- Public transit
- 6.9%
- Walk to work
- 3.4%
- Homes with broadband
- 91%
Elmwood Park vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Elmwood Park | 21,412 | $101,740 | $483,700 | $2,074 |
| Saddle Brook | 14,419 | $129,073 | $503,400 | $2,064 |
| Garfield | 32,783 | $79,700 | $475,500 | $1,688 |
| Fair Lawn | 35,610 | $144,574 | $564,700 | $1,917 |
| Rochelle Park | 5,869 | $110,380 | $498,500 | $1,819 |
| Paterson | 158,735 | $55,997 | $360,100 | $1,548 |
| Lodi | 26,082 | $89,305 | $475,000 | $1,714 |
| Maywood | 10,093 | $117,912 | $533,500 | $1,854 |
| Passaic | 70,002 | $55,371 | $429,900 | $1,465 |
More for people moving to Elmwood Park
Elmwood Park ZIP code ›Weather and climate ›Living in Elmwood Park: FAQ
What is the median household income in Elmwood Park, NJ?
The median household income in Elmwood Park is $101,740, about the same as 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 Elmwood Park?
The median home value in Elmwood Park is $483,700, compared with $454,400 in New Jersey.
How much is rent in Elmwood Park?
The median gross rent in Elmwood Park is $2,074 per month, about 29.9% of household income.
Is Elmwood Park, NJ a good place to live?
Pluses: an average commute of 27 minutes. Minuses: median household income about the same as the New Jersey median; home values 6% higher than the state median; unemployment of 7.4%; a poverty rate of 11.6%.
What is the median age in Elmwood Park?
The median age in Elmwood Park is 39.9 years (New Jersey: 40.1).
How long is the commute in Elmwood Park?
The average commute to work in Elmwood Park is 27 minutes; 8.5% of workers work from home.
What is the unemployment rate in Elmwood Park?
The unemployment rate in Elmwood Park is 7.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Elmwood Park?
35.1% of adults in Elmwood Park 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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