Living in Tewksbury, New Jersey

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

Tewksbury has 5,893 residents with a median age of 57. The median household income is $192,576 (86% higher than the New Jersey median), the median home value is $795,400, the median rent is $3,501/month.

Tewksbury at a glance

Population
5,893
Median age
57State: 40.1
Median household income
$192,576State: $103,556
Median home value
$795,400State: $454,400
Median rent
$3,501/moState: $1,720
Homeowners
95.8%
Bachelor's degree or higher
65.9%
Average commute
41 min

Is Tewksbury a good place to live?

Pros: Median household income 86% higher than the New Jersey median; unemployment of 2.9%; a poverty rate of 3.1%.

Cons: Home values 75% higher than the state median; an average commute of 41 minutes.

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

Cost of living in Tewksbury

Housing is the biggest part of the cost of living. In Tewksbury the median home value is $795,400, 139% higher than the U.S. median. Renters pay a median of $3,501 per month, which is 51% of household income. Homeowners with a mortgage pay $4,001 a month in housing costs.

Median home value

Tewksbury$795,400
New Jersey$454,400
United States$332,700

Median monthly rent

Tewksbury$3,501
New Jersey$1,720
United States$1,413

Tewksbury median household income

The median household income in Tewksbury is $192,576 and the income per person is $106,007. 3.1% of residents live below the poverty line (New Jersey: 9.7%).

Median household income

Tewksbury$192,576
New Jersey$103,556
United States$80,734

Housing in Tewksbury: homes for sale and rent

Housing units
2,338
Owner-occupied
95.8%
Renter-occupied
4.2%
Vacant
2%Includes seasonal homes
Median year built
1978
Average household size
2.57

Tewksbury demographics

Population
5,893
Median age
57
Under 18
18.4%
65 and older
30.4%
Households
2,292
Foreign-born
11%
Veterans
9.1%Adults 18+

Race and ethnicity

White79.3%
Hispanic or Latino8%
Black7.7%
Asian4.1%

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

Education in Tewksbury

65.9% of adults 25 and older in Tewksbury have a bachelor's degree or higher (New Jersey: 43.6%), and 35.2% have a graduate or professional degree.

Bachelor's degree or higher

Tewksbury65.9%
New Jersey43.6%
United States35.7%

Jobs and commute in Tewksbury

Unemployment rate
2.9%State: 6.3%
Average commute
41 minState: 31 min
Work from home
26.4%
Drive alone
66.4%
Public transit
2.7%
Walk to work
0%
Homes with broadband
96.1%

Tewksbury vs nearby towns

TownPopulationMedian incomeHome valueRent
Tewksbury5,893$192,576$795,400$3,501
Pottersville245$171,801$680,100—
Califon930$128,194$431,600$1,781
Lamington362$154,511$989,100—
Lebanon1,675$110,104$374,400$2,171
White House Station3,963$110,483$454,400$1,931
Bedminster8,283$123,709$448,500$2,294
High Bridge3,580$112,467$336,500$1,831
Long Valley1,720$133,229$461,900$1,655

More for people moving to Tewksbury

Tewksbury ZIP code ›Weather and climate ›

Living in Tewksbury: FAQ

What is the median household income in Tewksbury, NJ?

The median household income in Tewksbury is $192,576, 86% 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 Tewksbury?

The median home value in Tewksbury is $795,400, compared with $454,400 in New Jersey.

How much is rent in Tewksbury?

The median gross rent in Tewksbury is $3,501 per month, about 51% of household income.

Is Tewksbury, NJ a good place to live?

Pluses: median household income 86% higher than the New Jersey median; unemployment of 2.9%; a poverty rate of 3.1%. Minuses: home values 75% higher than the state median; an average commute of 41 minutes.

What is the median age in Tewksbury?

The median age in Tewksbury is 57 years (New Jersey: 40.1).

How long is the commute in Tewksbury?

The average commute to work in Tewksbury is 41 minutes; 26.4% of workers work from home.

What is the unemployment rate in Tewksbury?

The unemployment rate in Tewksbury is 2.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Tewksbury?

65.9% of adults in Tewksbury 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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