Living in Waldwick, New Jersey

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

Waldwick has 10,164 residents with a median age of 40.5. The median household income is $177,962 (72% higher than the New Jersey median), the median home value is $588,500, the median rent is $3,446/month.

Waldwick at a glance

Population
10,164
Median age
40.5State: 40.1
Median household income
$177,962State: $103,556
Median home value
$588,500State: $454,400
Median rent
$3,446/moState: $1,720
Homeowners
87.9%
Bachelor's degree or higher
59.5%
Average commute
27 min

Is Waldwick a good place to live?

Pros: Median household income 72% higher than the New Jersey median; an average commute of 27 minutes; unemployment of 2.2%; a poverty rate of 1.4%.

Cons: Home values 30% higher than the state median.

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

Cost of living in Waldwick

Housing is the biggest part of the cost of living. In Waldwick the median home value is $588,500, 77% higher than the U.S. median. Renters pay a median of $3,446 per month, which is 27.6% of household income. Homeowners with a mortgage pay $3,337 a month in housing costs.

Median home value

Waldwick$588,500
New Jersey$454,400
United States$332,700

Median monthly rent

Waldwick$3,446
New Jersey$1,720
United States$1,413

Waldwick median household income

The median household income in Waldwick is $177,962 and the income per person is $66,817. 1.4% of residents live below the poverty line (New Jersey: 9.7%).

Median household income

Waldwick$177,962
New Jersey$103,556
United States$80,734

Housing in Waldwick: homes for sale and rent

Housing units
3,490
Owner-occupied
87.9%
Renter-occupied
12.1%
Vacant
1.6%Includes seasonal homes
Median year built
1956
Average household size
2.96

Waldwick demographics

Population
10,164
Median age
40.5
Under 18
24.8%
65 and older
16.7%
Households
3,433
Foreign-born
15.1%
Veterans
4.6%Adults 18+

Race and ethnicity

White79.4%
Hispanic or Latino16.5%
Black0.9%
Asian6.9%

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

Education in Waldwick

59.5% of adults 25 and older in Waldwick have a bachelor's degree or higher (New Jersey: 43.6%), and 20% have a graduate or professional degree.

Bachelor's degree or higher

Waldwick59.5%
New Jersey43.6%
United States35.7%

Jobs and commute in Waldwick

Unemployment rate
2.2%State: 6.3%
Average commute
27 minState: 31 min
Work from home
19%
Drive alone
67.3%
Public transit
6.7%
Walk to work
1.8%
Homes with broadband
97.8%

Waldwick vs nearby towns

TownPopulationMedian incomeHome valueRent
Waldwick10,164$177,962$588,500$3,446
Allendale6,865$160,162$782,700$2,590
Midland Park7,019$146,841$607,200$1,853
Ho-Ho-Kus4,270$250,001$1,092,500$2,857
Saddle River3,389$212,143$2,000,001$2,211
Ridgewood26,308$208,211$891,200$2,499
Wyckoff17,050$203,988$925,700$2,567
Woodcliff Lake6,152$213,981$946,400$1,888
Ramsey14,805$160,996$697,300$2,245

More for people moving to Waldwick

Waldwick ZIP code ›Weather and climate ›

Living in Waldwick: FAQ

What is the median household income in Waldwick, NJ?

The median household income in Waldwick is $177,962, 72% 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 Waldwick?

The median home value in Waldwick is $588,500, compared with $454,400 in New Jersey.

How much is rent in Waldwick?

The median gross rent in Waldwick is $3,446 per month, about 27.6% of household income.

Is Waldwick, NJ a good place to live?

Pluses: median household income 72% higher than the New Jersey median; an average commute of 27 minutes; unemployment of 2.2%; a poverty rate of 1.4%. Minuses: home values 30% higher than the state median.

What is the median age in Waldwick?

The median age in Waldwick is 40.5 years (New Jersey: 40.1).

How long is the commute in Waldwick?

The average commute to work in Waldwick is 27 minutes; 19% of workers work from home.

What is the unemployment rate in Waldwick?

The unemployment rate in Waldwick is 2.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Waldwick?

59.5% of adults in Waldwick 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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