New Jersey · Metropolitan Area
Towaco is a small city in New Jersey with a population of 5,627. Residents earn $197,696 per year, which is 163% above the national average.
Based on current data, Towaco receives an overall livability score of 4.9 out of 5.0, earning a grade of A+. Key strengths include above-average household incomes, low unemployment, a highly educated population, a low poverty rate. Areas to be aware of include high housing costs. Towaco stands out as an excellent place to live, with strong marks across most quality-of-life indicators.
The median household income in Towaco is $197,696, which is significantly higher than the national average — 163% above $75,149. This places Towaco among higher-income communities. The job market is very strong with unemployment at just 1.9%. Only 2.2% of residents live below the poverty line, well below the national rate of 12.4%. Workers commute an average of 34 minutes.
The median home value in Towaco is $690,900, making it a premium housing market at 145% above the U.S. median of $281,900. Renters pay a median of $2,726 per month, significantly above the national average of $1,163. A price-to-income ratio of 3.5x indicates a reasonably affordable housing market.
Towaco is a highly educated community — 73.0% of adults hold a bachelor's degree or higher, well above the national average of 33.7%. 99.7% have completed high school. Local schools score 6.2/10 in standardized testing, reflecting strong academic performance.
Towaco experiences four distinct seasons with an average temperature of 52°F. Winters average 29°F in January while summers reach 75°F in July. Annual precipitation totals 49.2 inches. Air quality is rated Good with a median AQI of 39.
| English Only | 80.0% |
| 2% above US avg | |
| Spanish | 20.0% |
| 49% above US avg |
| Median HH Income | $197,696 |
| 163% above US avg | |
| Per Capita Income | $90,740 |
| Avg Weekly Wage | $1,699 |
| IRS Avg AGI | $112,115 |
| Unemployment | 1.9% |
| 47% below US avg | |
| Poverty Rate | 2.2% |
| 82% below US avg | |
| Establishments (County) | 23,692 |
| County GDP | $76,180M |
| Restaurants | 1,759 |
| Healthcare | 2,593 |
| Retail | 2,565 |
| Manufacturing | 603 |
| Property Tax (IRS) | $16,276 |
| 365% above US avg | |
| Effective Tax Rate | 2.36% |
| Commute Time | 33.5 min |
| Drive Alone | 69.0% |
| Public Transit | 5.7% |
| Work from Home | 22.5% |
| Census Median | $690,900 |
| 145% above US avg | |
| Median List Price | $756,950 |
| Median List Price | $756,950 |
| $/Sq Ft | $0 |
| Homes Sold | 1 |
| Sale-to-List Ratio | 94.8% |
| Price Drops | 0.0% |
| Inventory | 14 |
| Census Median Rent | $2,726 |
| 134% above US avg | |
| Rent Burden | 38.0% |
| Studio | $1,599 |
| 1 Bedroom | $1,759 |
| 2 Bedrooms | $2,132 |
| 3 Bedrooms | $2,658 |
| 4 Bedrooms | $3,005 |
| Owner-Occupied | 94.9% |
| Avg Tax (IRS) | $16,276 |
| 365% above US avg | |
| Effective Rate | 2.36% |
| Obesity | 20.2% |
| 37% below US avg | |
| Diabetes | 6.4% |
| Heart Disease | 3.6% |
| High Blood Pressure | 24.7% |
| Asthma | 8.1% |
| COPD | 2.9% |
| Stroke | 1.9% |
| Binge Drinking | 19.9% |
| Physical Inactivity | 15.3% |
| Depression | 15.3% |
| Mental Distress | 12.9% |
| Physical Distress | 8.2% |
| Insurance Rate | 95.3% |
| Checkup Rate | 76.6% |
| Premature Death | 8,341/100K |
| Food Environment | 8.9/10 |
| Exercise Access | 99.5% |
| Healthcare Facilities | 2,593 |
| Fatal Crashes (County/yr) | 51 |
| Annual Average | 51.8°F |
| 4% below US avg | |
| January Average | 29°F (-2°C) |
| July Average | 75°F (24°C) |
| Annual Rainfall | 49.2 inches |
| 29% above US avg |
| AQI Median | 39.0 |
| Rating | Good |
| Elevation | 262 ft (80 m) |
| Area | 6.0 sq mi (15.5 km²) |
| Population Density | 938/sq mi |
| Coordinates | 40.9269°N, 74.3424°W |
| County FIPS | 34013 |
Winner: Democrat by 44.9 points
| Bachelor's Degree+ | 73.0% |
| 117% above US avg | |
| High School+ | 99.7% |
| School Test Score | 6.24 |
| RUCC Code 1 | Metro — 1 million+ |
| Population Density | 938/sq mi |
| Total Area | 6.0 sq mi |
| Broadband Access | 95.1% |
| EV Charging Stations | 1 |
| Alt Fuel Stations | 1 |
| Public Libraries | 34 |
| Healthcare Facilities | 2,593 |
| Restaurants | 1,759 |
| Retail Stores | 2,565 |
| Fatal Crashes (County/yr) | 51 |
| Avg Commute | 33.5 min |
| Drive Alone | 69.0% |
| Public Transit | 5.7% |
| Work from Home | 22.5% |