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Fanwood, NJ

Full City Profile · New Jersey · Union County County

3.9 /5.0
B+ Good
7,714 Population 5,757/sq mi density
$176,667 Median Income $71,378 per capita
$610,600 Home Value $773,071 Zillow
$2,368 Median Rent 39.0% income on rent
55°F Avg Temperature 275 sunny days/yr
26 Violent Crime/100K 324 property/100K
B+
Overall
3.9 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$176,667 median income, 2.0% unemployment
A+
Affordability
4.7 / 5.0
$610,600 home value, $2,368/mo rent
F
Safety
1.0 / 5.0
26 violent crimes/100K
A+
Education
5.0 / 5.0
71.2% bachelor's degree or higher

Income Overview

Median Household Income
$176,667
135% above
US avg: $75,149
Per Capita Income
$71,378
83% above
US avg: $39,052
Unemployment Rate
2.0%
44% below
US avg: 3.6%
Poverty Rate
0.7%
94% below
US avg: 12.4%

Income Comparison: Fanwood vs. U.S. Average

Each bar shows Fanwood’s value as a percentage of the national average (100% line = U.S. avg)

Median Household
US: $75,149
$176,667
235%
Per Capita
US: $39,052
$71,378
183%
IRS Avg AGI
US: $72,000
$109,188
152%
Avg Weekly Wage
US: $1,432
$1,622
113%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,622
13% above US avg ($1,432)
Mean Commute Time
43 min
55% above US avg (28 min)
Work From Home
24.7%
63% above US avg (15.2%)
Drive Alone
58.5%
20% below US avg (73.2%)
Public Transit
11.7%
134% above US avg (5.0%)
County GDP
$51,947M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 58.5%
Public Transit 11.7%
Work From Home 24.7%
Other 5.1%
Average commute time
43 minutes
US avg: 28 min

Business Landscape

Total Establishments
16,571
Restaurants
1,317
Healthcare
1,591
Retail
1,861
Manufacturing
523

Tax & Financial

IRS Avg Adjusted Gross Income
$109,188
52% above US avg ($72,000)
Avg Property Tax
$13,532
287% 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$176,667
Per Capita Income$71,378
IRS Avg Adjusted Gross Income$109,188
Avg Weekly Wage$1,622
County GDP$51,947M

Hardship Indicators

Unemployment Rate2.0%
Poverty Rate0.7%
Gini Coefficient0.487
Cost of Living Index108.8

Commute

Mean Commute43 minutes
Drive Alone58.5%
Public Transit11.7%
Work From Home24.7%

Businesses

Total Establishments16,571
Restaurants1,317
Healthcare1,591
Retail1,861
Manufacturing523

Tax

IRS Avg AGI$109,188
Avg Property Tax$13,532