Living in North Caldwell, New Jersey

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

North Caldwell has 6,656 residents with a median age of 43.6. The median household income is $208,245 (101% higher than the New Jersey median), the median home value is $904,500, the median rent is $3,329/month.

North Caldwell at a glance

Population
6,656
Median age
43.6State: 40.1
Median household income
$208,245State: $103,556
Median home value
$904,500State: $454,400
Median rent
$3,329/moState: $1,720
Homeowners
97.9%
Bachelor's degree or higher
80.6%
Average commute
30 min

Is North Caldwell a good place to live?

Pros: Median household income 101% higher than the New Jersey median; an average commute of 30 minutes; unemployment of 6%; a poverty rate of 1.7%.

Cons: Home values 99% higher than the state median.

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

Cost of living in North Caldwell

Housing is the biggest part of the cost of living. In North Caldwell the median home value is $904,500, 172% higher than the U.S. median. Renters pay a median of $3,329 per month, which is 39% of household income. Homeowners with a mortgage pay $4,001 a month in housing costs.

Median home value

North Caldwell$904,500
New Jersey$454,400
United States$332,700

Median monthly rent

North Caldwell$3,329
New Jersey$1,720
United States$1,413

North Caldwell median household income

The median household income in North Caldwell is $208,245 and the income per person is $94,255. 1.7% of residents live below the poverty line (New Jersey: 9.7%).

Median household income

North Caldwell$208,245
New Jersey$103,556
United States$80,734

Housing in North Caldwell: homes for sale and rent

Housing units
2,293
Owner-occupied
97.9%
Renter-occupied
2.1%
Vacant
4.3%Includes seasonal homes
Median year built
1965
Average household size
3.03

North Caldwell demographics

Population
6,656
Median age
43.6
Under 18
24.1%
65 and older
19.7%
Households
2,194
Foreign-born
11.7%
Veterans
1.7%Adults 18+

Race and ethnicity

White80.5%
Hispanic or Latino4.7%
Black2.5%
Asian9.4%

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

Education in North Caldwell

80.6% of adults 25 and older in North Caldwell have a bachelor's degree or higher (New Jersey: 43.6%), and 49.5% have a graduate or professional degree.

Bachelor's degree or higher

North Caldwell80.6%
New Jersey43.6%
United States35.7%

Jobs and commute in North Caldwell

Unemployment rate
6%State: 6.3%
Average commute
30 minState: 31 min
Work from home
30.6%
Drive alone
57.4%
Public transit
7%
Walk to work
0%
Homes with broadband
98.6%

North Caldwell vs nearby towns

TownPopulationMedian incomeHome valueRent
North Caldwell6,656$208,245$904,500$3,329
Cedar Grove13,475$151,263$634,000$1,896
Singac4,207$104,519$427,400$2,073
Caldwell9,003$96,824$575,400$1,976
West Caldwell10,995$158,467$659,100$1,877
Verona14,545$161,843$608,400$2,130
Little Falls14,790$123,307$481,300$1,843
Fairfield7,824$115,980$688,500$2,656
Essex Fells2,361$250,001$1,083,000$3,501

More for people moving to North Caldwell

North Caldwell ZIP code ›Weather and climate ›

Living in North Caldwell: FAQ

What is the median household income in North Caldwell, NJ?

The median household income in North Caldwell is $208,245, 101% 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 North Caldwell?

The median home value in North Caldwell is $904,500, compared with $454,400 in New Jersey.

How much is rent in North Caldwell?

The median gross rent in North Caldwell is $3,329 per month, about 39% of household income.

Is North Caldwell, NJ a good place to live?

Pluses: median household income 101% higher than the New Jersey median; an average commute of 30 minutes; unemployment of 6%; a poverty rate of 1.7%. Minuses: home values 99% higher than the state median.

What is the median age in North Caldwell?

The median age in North Caldwell is 43.6 years (New Jersey: 40.1).

How long is the commute in North Caldwell?

The average commute to work in North Caldwell is 30 minutes; 30.6% of workers work from home.

What is the unemployment rate in North Caldwell?

The unemployment rate in North Caldwell is 6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is North Caldwell?

80.6% of adults in North Caldwell 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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