New Jersey · Census place 25800
Garwood borough, NJ
Quick answer
Garwood borough has 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.
- 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
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
Compare with nearby places
Places of similar size in New Jersey.
- Northvale borough 4,782
- Cedar Knolls CDP 4,754
- Country Lake Estates CDP 4,700
- Mount Ephraim borough 4,648
- Panther Valley CDP 4,622
- Blackwood CDP 4,615
- Neptune City borough 4,607
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