Living in Totowa, New Jersey
Cost of living, income, home prices, rent and demographics of Totowa · Census data 2020–2024
Totowa has 10,959 residents with a median age of 42. The median household income is $113,563 (10% higher than the New Jersey median), the median home value is $559,300, the median rent is $2,072/month.
Totowa at a glance
- Population
- 10,959
- Median age
- 42State: 40.1
- Median household income
- $113,563State: $103,556
- Median home value
- $559,300State: $454,400
- Median rent
- $2,072/moState: $1,720
- Homeowners
- 73.6%
- Bachelor's degree or higher
- 40.7%
- Average commute
- 25 min
Is Totowa a good place to live?
Pros: Median household income 10% higher than the New Jersey median; an average commute of 25 minutes; unemployment of 3%; a poverty rate of 4.1%.
Cons: Home values 23% higher than the state median.
The weather is best in May–June and August–September.
Cost of living in Totowa
Housing is the biggest part of the cost of living. In Totowa the median home value is $559,300, 68% higher than the U.S. median. Renters pay a median of $2,072 per month, which is 31.4% of household income. Homeowners with a mortgage pay $2,923 a month in housing costs.
Totowa median household income
The median household income in Totowa is $113,563 and the income per person is $46,964. 4.1% of residents live below the poverty line (New Jersey: 9.7%).
Housing in Totowa: homes for sale and rent
- Housing units
- 3,980
- Owner-occupied
- 73.6%
- Renter-occupied
- 26.4%
- Vacant
- 1.6%Includes seasonal homes
- Median year built
- 1958
- Average household size
- 2.76
Totowa demographics
- Population
- 10,959
- Median age
- 42
- Under 18
- 23.7%
- 65 and older
- 19.1%
- Households
- 3,916
- Foreign-born
- 22.5%
- Veterans
- 2.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Totowa ›
Education in Totowa
40.7% of adults 25 and older in Totowa have a bachelor's degree or higher (New Jersey: 43.6%), and 14.5% have a graduate or professional degree.
Jobs and commute in Totowa
- Unemployment rate
- 3%State: 6.3%
- Average commute
- 25 minState: 31 min
- Work from home
- 16%
- Drive alone
- 71.2%
- Public transit
- 1.9%
- Walk to work
- 0.3%
- Homes with broadband
- 95.5%
Totowa vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Totowa | 10,959 | $113,563 | $559,300 | $2,072 |
| Woodland Park | 13,355 | $98,845 | $497,600 | $1,839 |
| Singac | 4,207 | $104,519 | $427,400 | $2,073 |
| Little Falls | 14,790 | $123,307 | $481,300 | $1,843 |
| Great Notch | 4,008 | $162,101 | $580,400 | $2,070 |
| Preakness | 18,520 | $133,205 | $617,700 | $1,918 |
| Haledon | 8,980 | $95,870 | $396,400 | $1,750 |
| Packanack Lake | 6,321 | $213,103 | $601,000 | $3,501 |
| Paterson | 158,735 | $55,997 | $360,100 | $1,548 |
More for people moving to Totowa
Totowa ZIP code ›Weather and climate ›Living in Totowa: FAQ
What is the median household income in Totowa, NJ?
The median household income in Totowa is $113,563, 10% 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 Totowa?
The median home value in Totowa is $559,300, compared with $454,400 in New Jersey.
How much is rent in Totowa?
The median gross rent in Totowa is $2,072 per month, about 31.4% of household income.
Is Totowa, NJ a good place to live?
Pluses: median household income 10% higher than the New Jersey median; an average commute of 25 minutes; unemployment of 3%; a poverty rate of 4.1%. Minuses: home values 23% higher than the state median.
What is the median age in Totowa?
The median age in Totowa is 42 years (New Jersey: 40.1).
How long is the commute in Totowa?
The average commute to work in Totowa is 25 minutes; 16% of workers work from home.
What is the unemployment rate in Totowa?
The unemployment rate in Totowa is 3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Totowa?
40.7% of adults in Totowa 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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