Living in Midland Park, New Jersey

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

Midland Park has 7,019 residents with a median age of 41.8. The median household income is $146,841 (42% higher than the New Jersey median), the median home value is $607,200, the median rent is $1,853/month.

Midland Park at a glance

Population
7,019
Median age
41.8State: 40.1
Median household income
$146,841State: $103,556
Median home value
$607,200State: $454,400
Median rent
$1,853/moState: $1,720
Homeowners
72.6%
Bachelor's degree or higher
57.5%
Average commute
28 min

Is Midland Park a good place to live?

Pros: Median household income 42% higher than the New Jersey median; an average commute of 28 minutes; a poverty rate of 2.8%.

Cons: Home values 34% higher than the state median; unemployment of 7.2%.

The weather is best in June to September.

Cost of living in Midland Park

Housing is the biggest part of the cost of living. In Midland Park the median home value is $607,200, 83% higher than the U.S. median. Renters pay a median of $1,853 per month, which is 22.3% of household income. Homeowners with a mortgage pay $3,205 a month in housing costs.

Median home value

Midland Park$607,200
New Jersey$454,400
United States$332,700

Median monthly rent

Midland Park$1,853
New Jersey$1,720
United States$1,413

Midland Park median household income

The median household income in Midland Park is $146,841 and the income per person is $72,739. 2.8% of residents live below the poverty line (New Jersey: 9.7%).

Median household income

Midland Park$146,841
New Jersey$103,556
United States$80,734

Housing in Midland Park: homes for sale and rent

Housing units
3,040
Owner-occupied
72.6%
Renter-occupied
27.4%
Vacant
4%Includes seasonal homes
Median year built
1953
Average household size
2.40

Midland Park demographics

Population
7,019
Median age
41.8
Under 18
18.8%
65 and older
22.4%
Households
2,917
Foreign-born
8.4%
Veterans
5.6%Adults 18+

Race and ethnicity

White86%
Hispanic or Latino11.1%
Black1.2%
Asian2.7%

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

Education in Midland Park

57.5% of adults 25 and older in Midland Park have a bachelor's degree or higher (New Jersey: 43.6%), and 20.4% have a graduate or professional degree.

Bachelor's degree or higher

Midland Park57.5%
New Jersey43.6%
United States35.7%

Jobs and commute in Midland Park

Unemployment rate
7.2%State: 6.3%
Average commute
28 minState: 31 min
Work from home
20%
Drive alone
68.7%
Public transit
3.9%
Walk to work
1.7%
Homes with broadband
92.8%

Midland Park vs nearby towns

TownPopulationMedian incomeHome valueRent
Midland Park7,019$146,841$607,200$1,853
Wyckoff17,050$203,988$925,700$2,567
Waldwick10,164$177,962$588,500$3,446
Ridgewood26,308$208,211$891,200$2,499
Ho-Ho-Kus4,270$250,001$1,092,500$2,857
Allendale6,865$160,162$782,700$2,590
Glen Rock12,154$215,096$856,900$1,930
Hawthorne19,628$110,237$533,700$1,830
Saddle River3,389$212,143$2,000,001$2,211

More for people moving to Midland Park

Midland Park ZIP code ›Weather and climate ›

Living in Midland Park: FAQ

What is the median household income in Midland Park, NJ?

The median household income in Midland Park is $146,841, 42% 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 Midland Park?

The median home value in Midland Park is $607,200, compared with $454,400 in New Jersey.

How much is rent in Midland Park?

The median gross rent in Midland Park is $1,853 per month, about 22.3% of household income.

Is Midland Park, NJ a good place to live?

Pluses: median household income 42% higher than the New Jersey median; an average commute of 28 minutes; a poverty rate of 2.8%. Minuses: home values 34% higher than the state median; unemployment of 7.2%.

What is the median age in Midland Park?

The median age in Midland Park is 41.8 years (New Jersey: 40.1).

How long is the commute in Midland Park?

The average commute to work in Midland Park is 28 minutes; 20% of workers work from home.

What is the unemployment rate in Midland Park?

The unemployment rate in Midland Park is 7.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Midland Park?

57.5% of adults in Midland 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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