New Jersey · Census place 20020
Edgewater borough, NJ
Quick answer
Edgewater borough has 14,544 residents, ranking #86 of 700 places in New Jersey. Median household income is $137,847, the median home is worth $723,400 and median gross rent runs $2,645 a month.
- Population
- 14,544Edgewater borough residents
- Median household income
- $137,847Past 12 months, inflation adjusted
- Median home value
- $723,400Owner-occupied units
- Median gross rent
- $2,645Rent plus utilities, monthly
- Median age
- 39.9 yrsAll residents
- Homeownership rate
- 41%Owner-occupied households
What the numbers mean in Edgewater borough
Housing cost measured against local earnings.
A household earning the Edgewater borough median would spend about 23% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 5.2× the median household income; nationally that ratio sits near 4.5×. Poverty affects 6.2% of residents and 41% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in New Jersey.
- Cherry Hill Mall CDP 14,827
- Hammonton town 14,746
- Ramsey borough 14,722
- Moorestown-Lenola CDP 14,523
- Middlesex borough 14,518
- Hopatcong borough 14,470
- Short Hills CDP 14,398
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