New Jersey · Census place 72420
Tenafly borough, NJ
Quick answer
Tenafly borough has 15,252 residents, ranking #76 of 700 places in New Jersey. Median household income is $208,088, the median home is worth $974,300 and median gross rent runs $3,143 a month.
- Population
- 15,252Tenafly borough residents
- Median household income
- $208,088Past 12 months, inflation adjusted
- Median home value
- $974,300Owner-occupied units
- Median gross rent
- $3,143Rent plus utilities, monthly
- Median age
- 42.1 yrsAll residents
- Homeownership rate
- 72.2%Owner-occupied households
What the numbers mean in Tenafly borough
Housing cost measured against local earnings.
A household earning the Tenafly borough median would spend about 18.1% 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 4.7× the median household income; nationally that ratio sits near 4.5×. Poverty affects 3.7% of residents and 72.2% 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.
- South River borough 16,007
- Springdale CDP 15,672
- Princeton Meadows CDP 15,382
- Phillipsburg town 15,251
- Asbury Park city 15,239
- Metuchen borough 14,982
- Highland Park borough 14,981
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