What is the population of Garwood borough?

Garwood borough has 4,688 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #309 of 700 in New Jersey.

What is the median household income in Garwood borough?

Median household income in Garwood borough is $100,948 a year, 28.5% above the national figure of $78,538.

How much does it cost to rent or buy in Garwood borough?

Median gross rent is $1,603 a month and the median home value is $509,800, so rent absorbs about 19.1% of median household income.

Is Garwood borough affordable compared with the rest of the US?

Homes cost about 5.1× the local median income here versus roughly 3.9× nationally, so Garwood borough is less affordable to buy in than the typical US market, and rent takes 19.1% of median income against the 30% cost-burden line.

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New Jersey · Census place 25800

Garwood, NJ population, income and ZIP codes

Quick answer

The population of the city of Garwood, New Jersey (Garwood, NJ — Census place “Garwood borough”) is 4,688 residents, ranking #309 of 700 places in New Jersey. Median household income is $100,948, the median home is worth $509,800 and median gross rent runs $1,603 a month. Looking for the Garwood New Jersey ZIP code list? 1 ZIP codes serve Garwood, NJ: 07027.

Population: 4,688Garwood borough residents
Median household income: $100,948Past 12 months, inflation adjusted
Median home value: $509,800Owner-occupied units
Median gross rent: $1,603Rent plus utilities, monthly
Median age: 42.7 yrsAll residents
Homeownership rate: 54.8%Owner-occupied households

Garwood ZIP codes (New Jersey)

Census ZCTAs whose delivery area overlaps Garwood.

The Garwood NJ ZIP code list below covers 1 ZIP code. Open any one for its population, income, housing and rent profile.

07027

What the numbers mean in Garwood borough

Housing cost measured against local earnings.

A household earning the Garwood borough median would spend about 19.1% 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 5.1× the median household income; nationally that ratio sits near 4.5×. Poverty affects 9.2% of residents and 54.8% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

Garwood borough, NJ in context

How this area compares with national benchmarks.

Garwood borough is a small town in New Jersey, with 4,688 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #309 of 700 ranked by population — larger than 55% of them. The median age here is 42.7 years against 39.1 nationally, a slightly older profile than the country as a whole. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.

Households in Garwood borough earn a median of $100,948 a year, 28.5% above the national figure of $78,538 and 6% below the $106,926 median for the 543 New Jersey cities we cover. Household income here is measured before tax and pooled across everyone at the address, which is why it reads higher than typical individual earnings in the same area. Poverty reaches 9.2% of residents here, below the 12.4% national rate.

The typical owner-occupied home in Garwood borough is valued at $509,800, 68% above the national figure and 24% above the $412,500 peer median, while median gross rent runs $1,603 a month, 14% above the national figure, or roughly $19,236 across a full year. A household on the local median income would put about 19.1% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is cheap relative to what people here earn. The home-price-to-income ratio works out to 5.1×, against roughly 3.9× nationally, so buying is harder here than in the average US market. 54.8% of occupied homes are owner-occupied versus 65% nationally, so the market leans more heavily on renters. Rent is reported gross — contract rent plus tenant-paid utilities — which is why it runs above the advertised price on a listing for the same unit.

Every value on this page is published directly by the Census for this area — nothing is modelled or interpolated. Small-area estimates still carry wider margins of error than state or national figures, so check the linked ACS tables before relying on them for lending, appraisal or legal work.

Compare with nearby places

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Frequently asked questions

Common questions about this area.

What is the population of Garwood borough?: Garwood borough has 4,688 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #309 of 700 in New Jersey.
What is the median household income in Garwood borough?: Median household income in Garwood borough is $100,948 a year, 28.5% above the national figure of $78,538.
How much does it cost to rent or buy in Garwood borough?: Median gross rent is $1,603 a month and the median home value is $509,800, so rent absorbs about 19.1% of median household income.
Is Garwood borough affordable compared with the rest of the US?: Homes cost about 5.1× the local median income here versus roughly 3.9× nationally, so Garwood borough is less affordable to buy in than the typical US market, and rent takes 19.1% of median income against the 30% cost-burden line.
How current is this Garwood borough data?: All figures come from the US Census Bureau American Community Survey 2019-2023 ACS 5-year five-year estimates. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.