New Jersey · Census place 77600
Watchung borough, NJ
Quick answer
Watchung borough has 6,429 residents, ranking #242 of 700 places in New Jersey. Median household income is $166,536, the median home is worth $833,300 and median gross rent runs $2,571 a month.
- Population
- 6,429Watchung borough residents
- Median household income
- $166,536Past 12 months, inflation adjusted
- Median home value
- $833,300Owner-occupied units
- Median gross rent
- $2,571Rent plus utilities, monthly
- Median age
- 46.4 yrsAll residents
- Homeownership rate
- 87.4%Owner-occupied households
What the numbers mean in Watchung borough
Housing cost measured against local earnings.
A household earning the Watchung borough median would spend about 18.5% 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 5.0× the median household income; nationally that ratio sits near 4.5×. Poverty affects 2.1% of residents and 87.4% 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.
- Strathmore CDP 6,593
- Rockaway borough 6,589
- Ramblewood CDP 6,542
- Ramtown CDP 6,410
- Carlstadt borough 6,343
- Leisure Village CDP 6,307
- Prospect Park borough 6,286
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