Living in Greenwich, New Jersey

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

Greenwich has 5,512 residents with a median age of 40.1. The median household income is $169,079 (63% higher than the New Jersey median), the median home value is $474,900, the median rent is $2,411/month.

Greenwich at a glance

Population
5,512
Median age
40.1State: 40.1
Median household income
$169,079State: $103,556
Median home value
$474,900State: $454,400
Median rent
$2,411/moState: $1,720
Homeowners
96.8%
Bachelor's degree or higher
54.4%
Average commute
42 min

Is Greenwich a good place to live?

Pros: Median household income 63% higher than the New Jersey median; unemployment of 4.8%; a poverty rate of 3%.

Cons: Home values 5% higher than the state median; an average commute of 42 minutes.

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 $474,900, 43% higher than the U.S. median. Renters pay a median of $2,411 per month, which is 24.5% of household income. Homeowners with a mortgage pay $2,950 a month in housing costs.

Median home value

Greenwich$474,900
New Jersey$454,400
United States$332,700

Median monthly rent

Greenwich$2,411
New Jersey$1,720
United States$1,413

Greenwich median household income

The median household income in Greenwich is $169,079 and the income per person is $60,502. 3% of residents live below the poverty line (New Jersey: 9.7%).

Median household income

Greenwich$169,079
New Jersey$103,556
United States$80,734

Housing in Greenwich: homes for sale and rent

Housing units
1,758
Owner-occupied
96.8%
Renter-occupied
3.2%
Vacant
0.6%Includes seasonal homes
Median year built
1994
Average household size
3.14

Greenwich demographics

Population
5,512
Median age
40.1
Under 18
27.8%
65 and older
11.1%
Households
1,748
Foreign-born
10.5%
Veterans
3.3%Adults 18+

Race and ethnicity

White70%
Hispanic or Latino10.7%
Black8.7%
Asian8.7%

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

Education in Greenwich

54.4% of adults 25 and older in Greenwich have a bachelor's degree or higher (New Jersey: 43.6%), and 18.2% have a graduate or professional degree.

Bachelor's degree or higher

Greenwich54.4%
New Jersey43.6%
United States35.7%

Jobs and commute in Greenwich

Unemployment rate
4.8%State: 6.3%
Average commute
42 minState: 31 min
Work from home
19.3%
Drive alone
73.5%
Public transit
1.2%
Walk to work
0%
Homes with broadband
93.5%

Greenwich vs nearby towns

TownPopulationMedian incomeHome valueRent
Greenwich5,512$169,079$474,900$2,411
Stewartsville710$161,985$469,500—
Upper Stewartsville128$250,001$405,600—
Lopatcong Overlook453$73,299$254,600—
Upper Pohatcong1,876$103,444$280,300$1,606
Alpha2,436$90,333$261,500$1,362
Bloomsbury841$92,500$348,200$1,500
Lopatcong9,321$91,114$358,400$1,582
Phillipsburg15,299$68,324$193,200$1,167

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 $169,079, 63% 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 Greenwich?

The median home value in Greenwich is $474,900, compared with $454,400 in New Jersey.

How much is rent in Greenwich?

The median gross rent in Greenwich is $2,411 per month, about 24.5% of household income.

Is Greenwich, NJ a good place to live?

Pluses: median household income 63% higher than the New Jersey median; unemployment of 4.8%; a poverty rate of 3%. Minuses: home values 5% higher than the state median; an average commute of 42 minutes.

What is the median age in Greenwich?

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

How long is the commute in Greenwich?

The average commute to work in Greenwich is 42 minutes; 19.3% of workers work from home.

What is the unemployment rate in Greenwich?

The unemployment rate in Greenwich is 4.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Greenwich?

54.4% 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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