Living in River Edge, New Jersey
Cost of living, income, home prices, rent and demographics of River Edge · Census data 2020–2024
River Edge has 12,091 residents with a median age of 43.6. The median household income is $159,028 (54% higher than the New Jersey median), the median home value is $660,300, the median rent is $1,879/month.
River Edge at a glance
- Population
- 12,091
- Median age
- 43.6State: 40.1
- Median household income
- $159,028State: $103,556
- Median home value
- $660,300State: $454,400
- Median rent
- $1,879/moState: $1,720
- Homeowners
- 76.2%
- Bachelor's degree or higher
- 66.8%
- Average commute
- 35 min
Is River Edge a good place to live?
Pros: Median household income 54% higher than the New Jersey median; unemployment of 4.7%; a poverty rate of 4.4%.
Cons: Home values 45% higher than the state median; an average commute of 35 minutes.
The weather is best in May–June and August–September.
Cost of living in River Edge
Housing is the biggest part of the cost of living. In River Edge the median home value is $660,300, 98% higher than the U.S. median. Renters pay a median of $1,879 per month, which is 31.7% of household income. Homeowners with a mortgage pay $3,832 a month in housing costs.
River Edge median household income
The median household income in River Edge is $159,028 and the income per person is $75,927. 4.4% of residents live below the poverty line (New Jersey: 9.7%).
Housing in River Edge: homes for sale and rent
- Housing units
- 4,590
- Owner-occupied
- 76.2%
- Renter-occupied
- 23.8%
- Vacant
- 1.9%Includes seasonal homes
- Median year built
- 1954
- Average household size
- 2.68
River Edge demographics
- Population
- 12,091
- Median age
- 43.6
- Under 18
- 21.6%
- 65 and older
- 16.6%
- Households
- 4,503
- Foreign-born
- 27.1%
- Veterans
- 4.7%Adults 18+
Hispanic or Latino can be of any race. Population history of River Edge ›
Education in River Edge
66.8% of adults 25 and older in River Edge have a bachelor's degree or higher (New Jersey: 43.6%), and 25.5% have a graduate or professional degree.
Jobs and commute in River Edge
- Unemployment rate
- 4.7%State: 6.3%
- Average commute
- 35 minState: 31 min
- Work from home
- 21.4%
- Drive alone
- 58.2%
- Public transit
- 12.1%
- Walk to work
- 0%
- Homes with broadband
- 98.4%
River Edge vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| River Edge | 12,091 | $159,028 | $660,300 | $1,879 |
| New Milford | 16,995 | $114,889 | $580,400 | $1,765 |
| Oradell | 8,235 | $221,322 | $737,800 | $2,305 |
| Maywood | 10,093 | $117,912 | $533,500 | $1,854 |
| Bergenfield | 28,450 | $130,045 | $491,500 | $1,752 |
| Paramus | 26,568 | $144,349 | $813,900 | $3,032 |
| Rochelle Park | 5,869 | $110,380 | $498,500 | $1,819 |
| Hackensack | 46,057 | $84,277 | $393,700 | $1,911 |
| Dumont | 18,279 | $126,071 | $497,400 | $1,787 |
More for people moving to River Edge
River Edge ZIP code ›Weather and climate ›Living in River Edge: FAQ
What is the median household income in River Edge, NJ?
The median household income in River Edge is $159,028, 54% 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 River Edge?
The median home value in River Edge is $660,300, compared with $454,400 in New Jersey.
How much is rent in River Edge?
The median gross rent in River Edge is $1,879 per month, about 31.7% of household income.
Is River Edge, NJ a good place to live?
Pluses: median household income 54% higher than the New Jersey median; unemployment of 4.7%; a poverty rate of 4.4%. Minuses: home values 45% higher than the state median; an average commute of 35 minutes.
What is the median age in River Edge?
The median age in River Edge is 43.6 years (New Jersey: 40.1).
How long is the commute in River Edge?
The average commute to work in River Edge is 35 minutes; 21.4% of workers work from home.
What is the unemployment rate in River Edge?
The unemployment rate in River Edge is 4.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is River Edge?
66.8% of adults in River Edge 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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