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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 Rate2.8%
Poverty Rate3.4%
Gini Coefficient0.549
Cost of Living Index108.8

Commute

Mean Commute29 minutes
Drive Alone65.5%
Public Transit4.9%
Work From Home19.7%

Businesses

Total Establishments23,692
Restaurants1,759
Healthcare2,593
Retail2,565
Manufacturing603

Tax

IRS Avg AGI$112,115
Avg Property Tax$16,276