Living in Tenafly, New Jersey
Cost of living, income, home prices, rent and demographics of Tenafly · Census data 2020–2024
Tenafly has 15,319 residents with a median age of 42.2. The median household income is $208,200 (101% higher than the New Jersey median), the median home value is $1,002,600, the median rent is $3,501/month.
Tenafly at a glance
- Population
- 15,319
- Median age
- 42.2State: 40.1
- Median household income
- $208,200State: $103,556
- Median home value
- $1,002,600State: $454,400
- Median rent
- $3,501/moState: $1,720
- Homeowners
- 71.7%
- Bachelor's degree or higher
- 78.7%
- Average commute
- 40 min
Is Tenafly a good place to live?
Pros: Median household income 101% higher than the New Jersey median; a poverty rate of 3.5%.
Cons: Home values 121% higher than the state median; an average commute of 40 minutes; unemployment of 6.8%.
The weather is best in May–June and August–September.
Cost of living in Tenafly
Housing is the biggest part of the cost of living. In Tenafly the median home value is $1,002,600, 201% higher than the U.S. median. Renters pay a median of $3,501 per month, which is 24% of household income. Homeowners with a mortgage pay $4,001 a month in housing costs.
Tenafly median household income
The median household income in Tenafly is $208,200 and the income per person is $104,694. 3.5% of residents live below the poverty line (New Jersey: 9.7%).
Housing in Tenafly: homes for sale and rent
- Housing units
- 5,420
- Owner-occupied
- 71.7%
- Renter-occupied
- 28.3%
- Vacant
- 3.6%Includes seasonal homes
- Median year built
- 1958
- Average household size
- 2.90
Tenafly demographics
- Population
- 15,319
- Median age
- 42.2
- Under 18
- 30.8%
- 65 and older
- 14.3%
- Households
- 5,227
- Foreign-born
- 41.1%
- Veterans
- 2.1%Adults 18+
Hispanic or Latino can be of any race. Population history of Tenafly ›
Education in Tenafly
78.7% of adults 25 and older in Tenafly have a bachelor's degree or higher (New Jersey: 43.6%), and 43.4% have a graduate or professional degree.
Jobs and commute in Tenafly
- Unemployment rate
- 6.8%State: 6.3%
- Average commute
- 40 minState: 31 min
- Work from home
- 29.6%
- Drive alone
- 52.1%
- Public transit
- 11.8%
- Walk to work
- 0%
- Homes with broadband
- 98.9%
Tenafly vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Tenafly | 15,319 | $208,200 | $1,002,600 | $3,501 |
| Cresskill | 9,174 | $170,376 | $811,400 | $2,599 |
| Englewood | 29,638 | $102,571 | $544,100 | $1,977 |
| Englewood Cliffs | 5,362 | $230,611 | $1,401,600 | $3,501 |
| Demarest | 4,911 | $208,036 | $1,114,600 | $3,501 |
| Bergenfield | 28,450 | $130,045 | $491,500 | $1,752 |
| Dumont | 18,279 | $126,071 | $497,400 | $1,787 |
| Teaneck | 41,876 | $144,075 | $546,100 | $1,832 |
| New Milford | 16,995 | $114,889 | $580,400 | $1,765 |
More for people moving to Tenafly
Tenafly ZIP code ›Weather and climate ›Living in Tenafly: FAQ
What is the median household income in Tenafly, NJ?
The median household income in Tenafly is $208,200, 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 Tenafly?
The median home value in Tenafly is $1,002,600, compared with $454,400 in New Jersey.
How much is rent in Tenafly?
The median gross rent in Tenafly is $3,501 per month, about 24% of household income.
Is Tenafly, NJ a good place to live?
Pluses: median household income 101% higher than the New Jersey median; a poverty rate of 3.5%. Minuses: home values 121% higher than the state median; an average commute of 40 minutes; unemployment of 6.8%.
What is the median age in Tenafly?
The median age in Tenafly is 42.2 years (New Jersey: 40.1).
How long is the commute in Tenafly?
The average commute to work in Tenafly is 40 minutes; 29.6% of workers work from home.
What is the unemployment rate in Tenafly?
The unemployment rate in Tenafly is 6.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Tenafly?
78.7% of adults in Tenafly 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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