What is the median household income in Edgewater Borough, NJ?
The median household income in Edgewater Borough, NJ is $124,050 (±$8,202) a year (2020–2024 American Community Survey).
Paying the median gross rent of $2,579 a month would take about $103,200 a year at the common guideline of spending no more than 30% of income on rent.
In Edgewater Borough, the median household income went from $127,221 in 2015–2019 to $124,050 in 2020–2024 (−2.5%).
Prices (CPI-U) rose 22.7% over the same years, so it fell after inflation as well.
Figures last updated on .
- Median household income
- $124,050 (±$8,202)
- Median renter income
- $102,008 (±$17,533)
- Income to afford median rent
- about $103,200
Income in Edgewater Borough against Bergen County, its state and the nation
| Edgewater Borough | Bergen County | New Jersey | United States | |
|---|---|---|---|---|
| Median household income | $124,050 (±$8,202) | $124,884 (±$1,735) | $103,556 (±$513) | $80,734 |
| Median renter household income | $102,008 (±$17,533) | $74,953 (±$1,923) | $62,674 (±$718) | $52,966 |
| Median owner household income | $193,264 (±$43,818) | $160,914 (±$2,251) | $133,477 (±$624) | $100,009 |
| Median gross rent | $2,579 (±$176) | $1,914 (±$21) | $1,720 (±$7) | $1,413 |
In Edgewater Borough, median household income is not measurably different from Bergen County ($124,884).
It is also higher than in New Jersey ($103,556).
It is higher than the national figure ($80,734).
In Bergen County, Edgewater Borough ranks 44 of 69 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 212 of 561.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How much you need to earn to rent in Edgewater Borough
Many landlords and housing programs use 30% of gross income as the most a household should spend on rent.
At that guideline, the median gross rent of $2,579 a month ($30,948 a year) needs an income of about $103,200 a year.
The median renting household in Edgewater Borough earns $102,008 a year, less than that.
This is arithmetic on the published medians, not a rule any landlord must follow; screening criteria vary and some places limit how income may be weighed.
Income against housing costs since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median household income | $127,221 (±$11,308) | $124,050 (±$8,202) | −2.5% | Down after inflation |
| Median gross rent | $2,506 (±$144) | $2,579 (±$176) | +2.9% | Down after inflation |
| Median home value | $600,600 (±$46,953) | $715,700 (±$69,942) | +19.2% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median household income in places near Edgewater Borough
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Edgewater Borough | — | $124,050 (±$8,202) | — |
| Cliffside Park Borough | 0.8 mi | $93,452 (±$13,809) | Lower |
| Fairview Borough | 1.5 mi | $63,606 (±$7,719) | Lower |
| Fort Lee Borough | 1.8 mi | $107,274 (±$6,993) | Lower |
| Palisades Park Borough | 2.0 mi | $94,743 (±$9,430) | Lower |
| Ridgefield Borough | 2.2 mi | $118,059 (±$15,801) | Not measurably different |
| Guttenberg Town | 2.7 mi | $75,683 (±$12,277) | Lower |
| Leonia Borough | 2.8 mi | $129,665 (±$17,147) | Not measurably different |
| Ridgefield Park Village | 3.2 mi | $100,718 (±$10,842) | Lower |
Nearby places with a measurably lower figure: Cliffside Park Borough, NJ ($93,452), Fairview Borough, NJ ($63,606), Fort Lee Borough, NJ ($107,274).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Bergen County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 38 | Mahwah Township | $131,327 (±$12,015) |
| 39 | Bergenfield Borough | $130,045 (±$9,993) |
| 40 | Leonia Borough | $129,665 (±$17,147) |
| 41 | Saddle Brook Township | $129,073 (±$11,371) |
| 42 | Northvale Borough | $127,625 (±$25,637) |
| 43 | Dumont Borough | $126,071 (±$13,465) |
| 44 | Edgewater Borough | $124,050 (±$8,202) |
| 45 | Hasbrouck Heights Borough | $123,734 (±$15,602) |
| 46 | Ridgefield Borough | $118,059 (±$15,801) |
| 47 | Maywood Borough | $117,912 (±$15,612) |
| 48 | Carlstadt Borough | $115,444 (±$38,476) |
| 49 | New Milford Borough | $114,889 (±$13,127) |
| 50 | Lyndhurst Township | $111,711 (±$11,189) |
Showing 13 of 69 places in Bergen County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Edgewater Borough
What is the median household income in Edgewater Borough?
The median household income in Edgewater Borough is $124,050 (±$8,202) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Edgewater Borough?
About $103,200 a year, if rent is to stay at or below 30% of income at the median gross rent of $2,579 a month.
Have incomes in Edgewater Borough kept up with inflation?
In Edgewater Borough, the median household income went from $127,221 in 2015–2019 to $124,050 in 2020–2024 (−2.5%).
Prices (CPI-U) rose 22.7% over the same years, so it fell after inflation as well.
What do renters earn in Edgewater Borough?
The median renting household in Edgewater Borough, NJ earns $102,008 (±$17,533) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Edgewater borough, Bergen County, New Jersey
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Edgewater borough, Bergen County, New Jersey
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Edgewater borough, Bergen County, New Jersey
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Edgewater borough, Bergen County, New Jersey
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Edgewater borough, Bergen County, New Jersey
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Edgewater borough, Bergen County, New Jersey
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Edgewater borough, Bergen County, New Jersey (county subdivision:20020, in state:34 county:003).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
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- Median rent in Edgewater Borough
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- Renters and owners in Edgewater Borough
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- Homeowner costs in Edgewater Borough
- Property taxes in Edgewater Borough
- Types of homes in Edgewater Borough
- Bedrooms in Edgewater Borough
- Age of homes in Edgewater Borough
- Vacancy rate in Edgewater Borough
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- Crime reported to police in Edgewater Borough
- Population growth in Edgewater Borough
- How long people stay in Edgewater Borough
- Crowding and facilities in Edgewater Borough
- Fair Market Rent in Edgewater Borough
- Local landlord and tenant rules in Edgewater Borough
- New Jersey landlord and tenant rules
- Housing across Bergen County
- New Jersey places ranked by median household income
- Housing data for every place in New Jersey