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 Rate | 2.0% |
| Poverty Rate | 0.7% |
| Gini Coefficient | 0.487 |
| Cost of Living Index | 108.8 |
Commute
| Mean Commute | 43 minutes |
| Drive Alone | 58.5% |
| Public Transit | 11.7% |
| Work From Home | 24.7% |
Businesses
| Total Establishments | 16,571 |
| Restaurants | 1,317 |
| Healthcare | 1,591 |
| Retail | 1,861 |
| Manufacturing | 523 |
Tax
| IRS Avg AGI | $109,188 |
| Avg Property Tax | $13,532 |
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