Living in Great Notch, New Jersey

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

Great Notch has 4,008 residents with a median age of 50.4. The median household income is $162,101 (57% higher than the New Jersey median), the median home value is $580,400, the median rent is $2,070/month.

Great Notch at a glance

Population
4,008
Median age
50.4State: 40.1
Median household income
$162,101State: $103,556
Median home value
$580,400State: $454,400
Median rent
$2,070/moState: $1,720
Homeowners
77.3%
Bachelor's degree or higher
56%
Average commute
28 min

Is Great Notch a good place to live?

Pros: Median household income 57% higher than the New Jersey median; an average commute of 28 minutes; a poverty rate of 1.6%.

Cons: Home values 28% higher than the state median; unemployment of 10.8%.

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

Cost of living in Great Notch

Housing is the biggest part of the cost of living. In Great Notch the median home value is $580,400, 74% higher than the U.S. median. Renters pay a median of $2,070 per month, which is 24.8% of household income. Homeowners with a mortgage pay $3,483 a month in housing costs.

Median home value

Great Notch$580,400
New Jersey$454,400
United States$332,700

Median monthly rent

Great Notch$2,070
New Jersey$1,720
United States$1,413

Great Notch median household income

The median household income in Great Notch is $162,101 and the income per person is $81,025. 1.6% of residents live below the poverty line (New Jersey: 9.7%).

Median household income

Great Notch$162,101
New Jersey$103,556
United States$80,734

Housing in Great Notch: homes for sale and rent

Housing units
1,820
Owner-occupied
77.3%
Renter-occupied
22.7%
Vacant
2.7%Includes seasonal homes
Median year built
1960
Average household size
2.26

Great Notch demographics

Population
4,008
Median age
50.4
Under 18
15.6%
65 and older
20.9%
Households
1,771
Foreign-born
15.6%
Veterans
5.4%Adults 18+

Race and ethnicity

White76.3%
Hispanic or Latino10.4%
Black5.3%
Asian5.2%

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

Education in Great Notch

56% of adults 25 and older in Great Notch have a bachelor's degree or higher (New Jersey: 43.6%), and 23.4% have a graduate or professional degree.

Bachelor's degree or higher

Great Notch56%
New Jersey43.6%
United States35.7%

Jobs and commute in Great Notch

Unemployment rate
10.8%State: 6.3%
Average commute
28 minState: 31 min
Work from home
13.8%
Drive alone
76.2%
Public transit
5.7%
Walk to work
0.6%
Homes with broadband
95.4%

Great Notch vs nearby towns

TownPopulationMedian incomeHome valueRent
Great Notch4,008$162,101$580,400$2,070
Little Falls14,790$123,307$481,300$1,843
Cedar Grove13,475$151,263$634,000$1,896
Woodland Park13,355$98,845$497,600$1,839
Singac4,207$104,519$427,400$2,073
Upper Montclair12,457$250,001$989,000$2,237
Totowa10,959$113,563$559,300$2,072
Clifton89,379$98,237$461,900$1,711
North Caldwell6,656$208,245$904,500$3,329

More for people moving to Great Notch

Great Notch ZIP code ›Weather and climate ›

Living in Great Notch: FAQ

What is the median household income in Great Notch, NJ?

The median household income in Great Notch is $162,101, 57% 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 Great Notch?

The median home value in Great Notch is $580,400, compared with $454,400 in New Jersey.

How much is rent in Great Notch?

The median gross rent in Great Notch is $2,070 per month, about 24.8% of household income.

Is Great Notch, NJ a good place to live?

Pluses: median household income 57% higher than the New Jersey median; an average commute of 28 minutes; a poverty rate of 1.6%. Minuses: home values 28% higher than the state median; unemployment of 10.8%.

What is the median age in Great Notch?

The median age in Great Notch is 50.4 years (New Jersey: 40.1).

How long is the commute in Great Notch?

The average commute to work in Great Notch is 28 minutes; 13.8% of workers work from home.

What is the unemployment rate in Great Notch?

The unemployment rate in Great Notch is 10.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Great Notch?

56% of adults in Great Notch 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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