Fanwood borough, New Jersey
CityPopulation: 7,714 (2023 estimate)
Located in New Jersey , New Jersey
Census Bureau data for Fanwood borough from the American Community Survey. "Cities" in Census data include incorporated places, towns, villages, and census-designated places (CDPs) — all places where the Census collects community-level estimates.
Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).
Quick Facts — Fanwood borough
- What is the median household income in Fanwood borough?
- The median household income in Fanwood borough is $176,667 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
- What is the poverty rate in Fanwood borough?
- The poverty rate in Fanwood borough is 0.7% (U.S. Census Bureau ACS 2023).
- What is the median home value in Fanwood borough?
- $610,600 (U.S. Census Bureau ACS 2023).
- What is the average rent in Fanwood borough?
- The median gross rent in Fanwood borough is $2,368 per month (U.S. Census Bureau ACS 2023).
- What percentage of Fanwood borough residents have a college degree?
- 71.2% of adults in Fanwood borough hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
7,714
Median Income
$176,667
Median Home Value
$610,600
Poverty Rate
0.7%
Unemployment (ACS 2023)
2.8%
Median Age
42.0 yrs
Since 2019
Median Income:
+$28,762 (+19.4%)
Home Value:
+$142,800 (+30.5%)
Poverty Rate:
+0.2 pp (+40%)
Bachelor's+:
+4.5 pp (+6.7%)
Unemployment:
-4.0 pp (-58.8%)
Demographics
Total Population
7,714
Median Age
42.0
Female
51.7%
Race & Ethnicity
Hispanic or Latino 11.4%
White (non-Hisp.) 69.8%
Black 4.3%
Asian 8.3%
Two or More 11.3%
Other 1.0%
Asian Subgroups (% of total pop.)
Indian
5.0%
Chinese
1.4%
Filipino
0.8%
Korean
0.5%
Hispanic Subgroups (% of total pop.)
Puerto Rican
2.8%
Cuban
1.6%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Income & Poverty
Median Household Income
$176,667
±$36,944
+$75,617 vs. state
Per Capita Income
$215,366
Median Family Income
$203,007
Poverty Rate
0.7%
-6.3 pp vs. state
Child Poverty Rate
1.7%
Working-Age Poverty Rate
—
SNAP Recipients
1.2%
Social Security Income
—
Retirement Income
23.2%
Household Income Distribution
< $10k
1.8%
$10–15k
0.5%
$15–25k
3.8%
$25–35k
3.9%
$35–50k
3.2%
$50–75k
2.4%
$75–100k
6.2%
$100–150k
20.2%
$150–200k
14.0%
$200k+
44.0%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Housing
Total Housing Units
2,783
Owner-Occupied
86.5%
Renter-Occupied
13.5%
Vacancy Rate
0.3%
Median Home Value
$610,600
+$183,000 vs. state
Median Gross Rent
$2,368
Owner Cost Burden (30%+)
13.2%
Renter Cost Burden (30%+)
56.7%
Home Value Distribution
< $50k
0.9%
$50–100k
0.9%
$200–300k
1.2%
$300–500k
23.0%
$500k–$1M
70.2%
$1M+
3.9%
Gross Rent Distribution
$500–1k
5.4%
$1.5–2k
19.9%
$2–2.5k
33.5%
$2.5–3.5k
3.3%
$3.5k+
37.9%
Vehicle Availability
No vehicle
4.9%
1 vehicle
21.6%
2 vehicles
48.4%
3+
25.1%
Housing Type
Single-fam. det.
84.8%
Single-fam. att.
4.5%
2–4 units
1.8%
20+ units
5.5%
Mobile home
0.8%
Housing Age
Pre-1940
26.5%
1940–1969
7.5%
1970–1999
5.7%
2000–2009
5.1%
2010+
7.4%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Education
High School or Higher
97.5%
Bachelor's or Higher
71.2%
+28.3 pp vs. state
Graduate Degree
26.7%
Some College / Associate
10.4%
Less Than High School
1.2%
Enrolled in School
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Employment
Labor Force Participation
71.0%
Unemployment Rate
2.8%
-3.4 pp vs. state
Work from Home
24.7%
Self-Employed
3.6%
Government Workers
11.3%
Private For-Profit
85.1%
Industry
Prof. Services
23.4%
Edu/Health
20.6%
Finance
13.4%
Retail
9.4%
Construction
8.1%
Manufacturing
7.1%
Arts/Entmt.
5.1%
Transportation
4.0%
Information
3.4%
Wholesale
1.2%
Public Admin
0.7%
Occupation
Management
69.2%
Sales
16.8%
Food Prep
5.8%
Production
5.4%
Construction
2.8%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Commute
Median Travel Time
42.8 min
Drove Alone
58.5%
Carpool
3.8%
Public Transit
11.7%
Work from Home
24.7%
Walked
0.6%
Bicycle
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Households & Families
Total Households
2,776
Avg. Household Size
2.00
Avg. Family Size
—
Married-Couple Households
70.7%
Single-Mother Households
—
Single-Father Households
—
Living Alone
—
Households with Children
27.6%
Multigenerational
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Age Distribution
Under 5
4.6%
5–9
7.1%
10–14
8.2%
15–19
4.9%
20–24
5.9%
25–34
8.2%
35–44
14.7%
45–54
11.2%
55–64
13.6%
65–74
5.0%
75–84
9.0%
85+
3.9%
Under 18: 23.7%
Working age (18–64): 76.3%
65 and over: 16.6%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Social Characteristics
Immigration
Foreign Born
17.6%
Naturalized Citizen
65.8%
Speaks English Less Than Very Well
4.5%
Foreign-Born Origin
Asia
35.2%
Europe
35.1%
Latin America
29.3%
Veterans & Disability
Veteran
4.4%
With a Disability
6.7%
Cognitive Difficulty
—
Ambulatory Difficulty
—
Health Insurance
Insured
97.4%
Uninsured
2.6%
Employer Insurance
—
Medicaid
—
Medicare
—
Technology & Mobility
Broadband Internet
97.7%
Has a Computer
98.1%
Same House 1 Year Ago
89.2%
Moved from Abroad
0.7%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023