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ZipNumbers

New Jersey · Census place 54870

Old Tappan borough, NJ

Quick answer

Old Tappan borough has 5,896 residents, ranking #264 of 700 places in New Jersey. Median household income is $199,250, the median home is worth $910,600 and median gross rent runs $3,241 a month.

Population
5,896Old Tappan borough residents
Median household income
$199,250Past 12 months, inflation adjusted
Median home value
$910,600Owner-occupied units
Median gross rent
$3,241Rent plus utilities, monthly
Median age
44.8 yrsAll residents
Homeownership rate
89.8%Owner-occupied households

What the numbers mean in Old Tappan borough

Housing cost measured against local earnings.

A household earning the Old Tappan borough median would spend about 19.5% 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 4.6× the median household income; nationally that ratio sits near 4.5×. Poverty affects 2.4% of residents and 89.8% of households own their home.

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

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