Caldwell, NJ
Full City Profile · New Jersey · Essex County County
3.6
/5.0
B+
Good
8,898
Population
7,541/sq mi density
$101,196
Median Income
$61,910 per capita
$563,000
Home Value
$706,559 Zillow
$1,937
Median Rent
30.2% income on rent
53°F
Avg Temperature
275 sunny days/yr
88
Violent Crime/100K
718 property/100K
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.9 / 5.0
$101,196 median income, 2.8% unemployment
B+
Affordability
3.5 / 5.0
$563,000 home value, $1,937/mo rent
F
Safety
1.0 / 5.0
88 violent crimes/100K
A+
Education
5.0 / 5.0
58.3% bachelor's degree or higher
Income Overview
Median Household Income
$101,196
35% above
US avg: $75,149
Per Capita Income
$61,910
59% above
US avg: $39,052
Unemployment Rate
2.8%
22% below
US avg: 3.6%
Poverty Rate
3.4%
73% below
US avg: 12.4%
Income Comparison: Caldwell vs. U.S. Average
Each bar shows Caldwell’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$101,196
135%
Per Capita
US: $39,052
$61,910
159%
IRS Avg AGI
US: $72,000
$112,115
156%
Avg Weekly Wage
US: $1,432
$1,699
119%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,699
19% above US avg ($1,432)
Mean Commute Time
29 min
6% above US avg (28 min)
Work From Home
19.7%
30% above US avg (15.2%)
Drive Alone
65.5%
10% below US avg (73.2%)
Public Transit
4.9%
3% below US avg (5.0%)
County GDP
$76,180M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
65.5%
Public Transit
4.9%
Work From Home
19.7%
Other
9.9%
Average commute time
29 minutes
US avg: 28 min
Business Landscape
Total Establishments
23,692
Restaurants
1,759
Healthcare
2,593
Retail
2,565
Manufacturing
603
Tax & Financial
IRS Avg Adjusted Gross Income
$112,115
56% above US avg ($72,000)
Avg Property Tax
$16,276
365% above US avg ($3,500)
Cost of Living Index
108.8
Above national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $101,196 |
| Per Capita Income | $61,910 |
| IRS Avg Adjusted Gross Income | $112,115 |
| Avg Weekly Wage | $1,699 |
| County GDP | $76,180M |
Hardship Indicators
| Unemployment Rate | 2.8% |
| Poverty Rate | 3.4% |
| Gini Coefficient | 0.549 |
| Cost of Living Index | 108.8 |
Commute
| Mean Commute | 29 minutes |
| Drive Alone | 65.5% |
| Public Transit | 4.9% |
| Work From Home | 19.7% |
Businesses
| Total Establishments | 23,692 |
| Restaurants | 1,759 |
| Healthcare | 2,593 |
| Retail | 2,565 |
| Manufacturing | 603 |
Tax
| IRS Avg AGI | $112,115 |
| Avg Property Tax | $16,276 |
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