Towaco, NJ

Full City Profile · New Jersey · Essex County County

3.9 /5.0

B+ Good

5,627 Population 938/sq mi density

$197,696 Median Income $90,740 per capita

$690,900 Home Value $526,351 Zillow

$2,726 Median Rent 38.0% income on rent

52°F Avg Temperature 275 sunny days/yr

57 Violent Crime/100K 669 property/100K

B+

Overall

3.9 / 5.0

Good overall score based on economy, affordability, safety and education

A+

Economy

5.0 / 5.0

$197,696 median income, 1.9% unemployment

A+

Affordability

4.7 / 5.0

$690,900 home value, $2,726/mo rent

Safety

1.0 / 5.0

57 violent crimes/100K

A+

Education

5.0 / 5.0

73.0% bachelor's degree or higher

Change Over Time (2021–2023)

Population Change

-2.2%

5,756 → 5,627

over 2 years

Annual Pop. Growth

-1.13%

Compound annual growth rate

Median Income Change

+38.2%

$143,102 → $197,696

nominal, not inflation-adjusted

Annual Income Growth

+17.54%

Compound annual growth rate

Population Over Time

Total population for Towaco across each available Census ACS release.

Median Household Income Over Time

Median household income reported by U.S. Census ACS. Values are nominal (not adjusted for inflation).

Projected 2030

Simple projections extrapolating the 2021–2023 compound annual growth rate forward. These are mathematical extensions of recent trends, not forecasts — real outcomes depend on migration, policy and economic shifts.

Projected Population 2030

5,197

-430 from 2023 (5,627)

Projected Median Income 2030

$612,770

+$415,074 from 2023 ($197,696)

Year-by-Year Detail

Year	Population	YoY %	Median Income	YoY %
2021	5,756	—	$143,102	—
2023	5,627	-2.2%	$197,696	+38.2%

Source: U.S. Census ACS 5-Year Estimates (Data Commons). Home value and rent are not yet available historically.