Living in Old Tappan, New Jersey

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

Old Tappan has 6,008 residents with a median age of 44.4. The median household income is $205,385 (98% higher than the New Jersey median), the median home value is $951,300, the median rent is $3,501/month.

Old Tappan at a glance

Population
6,008
Median age
44.4State: 40.1
Median household income
$205,385State: $103,556
Median home value
$951,300State: $454,400
Median rent
$3,501/moState: $1,720
Homeowners
94.1%
Bachelor's degree or higher
76.9%
Average commute
34 min

Is Old Tappan a good place to live?

Pros: Median household income 98% higher than the New Jersey median; unemployment of 2.2%; a poverty rate of 2.3%.

Cons: Home values 109% higher than the state median; an average commute of 34 minutes.

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

Cost of living in Old Tappan

Housing is the biggest part of the cost of living. In Old Tappan the median home value is $951,300, 186% higher than the U.S. median. Renters pay a median of $3,501 per month, which is 24.2% of household income. Homeowners with a mortgage pay $4,001 a month in housing costs.

Median home value

Old Tappan$951,300
New Jersey$454,400
United States$332,700

Median monthly rent

Old Tappan$3,501
New Jersey$1,720
United States$1,413

Old Tappan median household income

The median household income in Old Tappan is $205,385 and the income per person is $78,124. 2.3% of residents live below the poverty line (New Jersey: 9.7%).

Median household income

Old Tappan$205,385
New Jersey$103,556
United States$80,734

Housing in Old Tappan: homes for sale and rent

Housing units
2,044
Owner-occupied
94.1%
Renter-occupied
5.9%
Vacant
5.2%Includes seasonal homes
Median year built
1986
Average household size
3.10

Old Tappan demographics

Population
6,008
Median age
44.4
Under 18
23.8%
65 and older
21.7%
Households
1,938
Foreign-born
29.6%
Veterans
3.5%Adults 18+

Race and ethnicity

White50.7%
Hispanic or Latino4.5%
Black3.2%
Asian41.1%

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

Education in Old Tappan

76.9% of adults 25 and older in Old Tappan have a bachelor's degree or higher (New Jersey: 43.6%), and 31.5% have a graduate or professional degree.

Bachelor's degree or higher

Old Tappan76.9%
New Jersey43.6%
United States35.7%

Jobs and commute in Old Tappan

Unemployment rate
2.2%State: 6.3%
Average commute
34 minState: 31 min
Work from home
19.5%
Drive alone
60.5%
Public transit
5.9%
Walk to work
5.2%
Homes with broadband
96.3%

Old Tappan vs nearby towns

TownPopulationMedian incomeHome valueRent
Old Tappan6,008$205,385$951,300$3,501
River Vale10,058$213,666$775,000$1,455
Tappan6,687$174,286$644,200$2,299
Northvale4,829$127,625$592,400$1,932
Harrington Park4,954$180,500$776,900$1,414
Sparkill1,483$250,001$653,900—
Orangeburg4,529$106,906$646,400$1,292
Pearl River16,155$145,063$608,200$1,973
Norwood5,724$178,311$709,100$2,094

More for people moving to Old Tappan

Old Tappan ZIP code ›Weather and climate ›

Living in Old Tappan: FAQ

What is the median household income in Old Tappan, NJ?

The median household income in Old Tappan is $205,385, 98% 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 Old Tappan?

The median home value in Old Tappan is $951,300, compared with $454,400 in New Jersey.

How much is rent in Old Tappan?

The median gross rent in Old Tappan is $3,501 per month, about 24.2% of household income.

Is Old Tappan, NJ a good place to live?

Pluses: median household income 98% higher than the New Jersey median; unemployment of 2.2%; a poverty rate of 2.3%. Minuses: home values 109% higher than the state median; an average commute of 34 minutes.

What is the median age in Old Tappan?

The median age in Old Tappan is 44.4 years (New Jersey: 40.1).

How long is the commute in Old Tappan?

The average commute to work in Old Tappan is 34 minutes; 19.5% of workers work from home.

What is the unemployment rate in Old Tappan?

The unemployment rate in Old Tappan is 2.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Old Tappan?

76.9% of adults in Old Tappan 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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