Living in Greenwich, New Jersey

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

Greenwich has 4,984 residents with a median age of 46.2. The median household income is $92,128 (11% lower than the New Jersey median), the median home value is $251,100, the median rent is $1,297/month.

Greenwich at a glance

Population
4,984
Median age
46.2State: 40.1
Median household income
$92,128State: $103,556
Median home value
$251,100State: $454,400
Median rent
$1,297/moState: $1,720
Homeowners
90.6%
Bachelor's degree or higher
27.2%
Average commute
30 min

Is Greenwich a good place to live?

Pros: Home values 45% lower than the state median; an average commute of 30 minutes; unemployment of 3.2%; a poverty rate of 5.7%.

Cons: Median household income 11% lower than the New Jersey median.

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

Cost of living in Greenwich

Housing is the biggest part of the cost of living. In Greenwich the median home value is $251,100, 25% lower than the U.S. median. Renters pay a median of $1,297 per month, which is 26.6% of household income. Homeowners with a mortgage pay $1,923 a month in housing costs.

Median home value

Greenwich$251,100
New Jersey$454,400
United States$332,700

Median monthly rent

Greenwich$1,297
New Jersey$1,720
United States$1,413

Greenwich median household income

The median household income in Greenwich is $92,128 and the income per person is $47,069. 5.7% of residents live below the poverty line (New Jersey: 9.7%).

Median household income

Greenwich$92,128
New Jersey$103,556
United States$80,734

Housing in Greenwich: homes for sale and rent

Housing units
2,089
Owner-occupied
90.6%
Renter-occupied
9.4%
Vacant
2.2%Includes seasonal homes
Median year built
1962
Average household size
2.43

Greenwich demographics

Population
4,984
Median age
46.2
Under 18
18.8%
65 and older
24.6%
Households
2,043
Foreign-born
4.2%
Veterans
7.1%Adults 18+

Race and ethnicity

White82.5%
Hispanic or Latino10.8%
Black5.8%
Asian0.6%

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

Education in Greenwich

27.2% of adults 25 and older in Greenwich have a bachelor's degree or higher (New Jersey: 43.6%), and 10.5% have a graduate or professional degree.

Bachelor's degree or higher

Greenwich27.2%
New Jersey43.6%
United States35.7%

Jobs and commute in Greenwich

Unemployment rate
3.2%State: 6.3%
Average commute
30 minState: 31 min
Work from home
13.9%
Drive alone
80%
Public transit
2.1%
Walk to work
0.7%
Homes with broadband
94.2%

Greenwich vs nearby towns

TownPopulationMedian incomeHome valueRent
Greenwich4,984$92,128$251,100$1,297
Gibbstown3,685$91,250$249,100$1,391
Eddystone2,562$51,953$127,200$1,329
Paulsboro6,248$64,239$202,700$976
Tinicum3,980$53,451$207,400$1,351
Ridley Park7,261$93,594$281,700$1,350
Norwood5,934$96,134$235,000$1,409
Prospect Park6,417$63,077$244,600$1,183
Folcroft6,772$61,306$171,500$1,329

More for people moving to Greenwich

Greenwich ZIP code ›Weather and climate ›

Living in Greenwich: FAQ

What is the median household income in Greenwich, NJ?

The median household income in Greenwich is $92,128, 11% lower 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 Greenwich?

The median home value in Greenwich is $251,100, compared with $454,400 in New Jersey.

How much is rent in Greenwich?

The median gross rent in Greenwich is $1,297 per month, about 26.6% of household income.

Is Greenwich, NJ a good place to live?

Pluses: home values 45% lower than the state median; an average commute of 30 minutes; unemployment of 3.2%; a poverty rate of 5.7%. Minuses: median household income 11% lower than the New Jersey median.

What is the median age in Greenwich?

The median age in Greenwich is 46.2 years (New Jersey: 40.1).

How long is the commute in Greenwich?

The average commute to work in Greenwich is 30 minutes; 13.9% of workers work from home.

What is the unemployment rate in Greenwich?

The unemployment rate in Greenwich is 3.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Greenwich?

27.2% of adults in Greenwich 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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