Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 42.7 yrs |
|---|---|
| Avg HH Size | 2.28 |
| Below Poverty | 9.2% ▼ 8% below avg |
| College Grads | 52.5% ▲ 36% above avg |
| Unemployment | 6.0% ▲ 22% above avg |
| HS Graduate | 963 (28.6%) |
| Some College | 209 (6.2%) |
| Associates | 424 (12.6%) |
| Bachelors | 303 (9%) |
| Graduate Degree | 1,463 (43.5%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $100,948 ▲ 32% above avg |
|---|---|
| Median Home Value | $509,800 ▲ 83% above avg |
| Home/Income Ratio | 5.1x (nat avg ~3.5x) |
| Median Rent | $1,603/mo |
| Total Housing Units | 2,093 |
| Vacant Units | 39 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Garwood is a city in New Jersey, located in Union County. The city spans 1 ZIP code and is home to approximately 4,688 residents. It is a middle-aged city, with a median age of 42.7 years.
Economically, Garwood is a upper-middle-income community. The median household income of $100,948 is above the national average. Approximately 9.2% of residents live below the poverty line. The unemployment rate is 6.0%, above the national average.
The real estate market in Garwood is a premium housing market. Median home values stand at $509,800, which is significantly above the national average. Renters typically pay around $1,603 per month.
The population of Garwood is well-educated. 52.5% of adults hold a bachelor's degree or higher — above the national average. The community is majority White (69.45%).
Garwood, NJ offers residents above-average earning potential within New Jersey.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 07027 | 4,688 | $100,948 | $509,800 | $1,603 | 6.0% | 52.5% | 54.8% |