Living in River Vale, New Jersey

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

River Vale has 10,058 residents with a median age of 44.6. The median household income is $213,666 (106% higher than the New Jersey median), the median home value is $775,000, the median rent is $1,455/month.

River Vale at a glance

Population
10,058
Median age
44.6State: 40.1
Median household income
$213,666State: $103,556
Median home value
$775,000State: $454,400
Median rent
$1,455/moState: $1,720
Homeowners
90%
Bachelor's degree or higher
71.9%
Average commute
39 min

Is River Vale a good place to live?

Pros: Median household income 106% higher than the New Jersey median; unemployment of 3.6%; a poverty rate of 1.8%.

Cons: Home values 71% higher than the state median; an average commute of 39 minutes.

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

Cost of living in River Vale

Housing is the biggest part of the cost of living. In River Vale the median home value is $775,000, 133% higher than the U.S. median. Renters pay a median of $1,455 per month, which is 21.2% of household income. Homeowners with a mortgage pay $4,001 a month in housing costs.

Median home value

River Vale$775,000
New Jersey$454,400
United States$332,700

Median monthly rent

River Vale$1,455
New Jersey$1,720
United States$1,413

River Vale median household income

The median household income in River Vale is $213,666 and the income per person is $90,033. 1.8% of residents live below the poverty line (New Jersey: 9.7%).

Median household income

River Vale$213,666
New Jersey$103,556
United States$80,734

Housing in River Vale: homes for sale and rent

Housing units
3,547
Owner-occupied
90%
Renter-occupied
10%
Vacant
0.7%Includes seasonal homes
Median year built
1971
Average household size
2.85

River Vale demographics

Population
10,058
Median age
44.6
Under 18
24.7%
65 and older
19%
Households
3,521
Foreign-born
15.9%
Veterans
2.8%Adults 18+

Race and ethnicity

White71.8%
Hispanic or Latino8.3%
Black1.4%
Asian14.7%

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

Education in River Vale

71.9% of adults 25 and older in River Vale have a bachelor's degree or higher (New Jersey: 43.6%), and 32.8% have a graduate or professional degree.

Bachelor's degree or higher

River Vale71.9%
New Jersey43.6%
United States35.7%

Jobs and commute in River Vale

Unemployment rate
3.6%State: 6.3%
Average commute
39 minState: 31 min
Work from home
27%
Drive alone
53.6%
Public transit
13.4%
Walk to work
1.8%
Homes with broadband
97%

River Vale vs nearby towns

TownPopulationMedian incomeHome valueRent
River Vale10,058$213,666$775,000$1,455
Old Tappan6,008$205,385$951,300$3,501
Hillsdale10,144$186,688$677,500$1,764
Harrington Park4,954$180,500$776,900$1,414
Westwood11,283$165,781$606,400$2,458
Park Ridge9,406$171,029$706,200$2,257
Emerson7,305$155,536$645,200$1,887
Woodcliff Lake6,152$213,981$946,400$1,888
Tappan6,687$174,286$644,200$2,299

More for people moving to River Vale

River Vale ZIP code ›Weather and climate ›

Living in River Vale: FAQ

What is the median household income in River Vale, NJ?

The median household income in River Vale is $213,666, 106% 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 Vale?

The median home value in River Vale is $775,000, compared with $454,400 in New Jersey.

How much is rent in River Vale?

The median gross rent in River Vale is $1,455 per month, about 21.2% of household income.

Is River Vale, NJ a good place to live?

Pluses: median household income 106% higher than the New Jersey median; unemployment of 3.6%; a poverty rate of 1.8%. Minuses: home values 71% higher than the state median; an average commute of 39 minutes.

What is the median age in River Vale?

The median age in River Vale is 44.6 years (New Jersey: 40.1).

How long is the commute in River Vale?

The average commute to work in River Vale is 39 minutes; 27% of workers work from home.

What is the unemployment rate in River Vale?

The unemployment rate in River Vale is 3.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is River Vale?

71.9% of adults in River Vale 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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