What is the median household income in Fairfield Township (Essex County), NJ?
The median household income in Fairfield Township (Essex County), NJ is $115,980 (±$14,772) a year (2020–2024 American Community Survey).
Paying the median gross rent of $2,656 a month would take about $106,200 a year at the common guideline of spending no more than 30% of income on rent.
In Fairfield Township (Essex County), the median household income went from $122,364 in 2015–2019 to $115,980 in 2020–2024 (−5.2%).
Prices (CPI-U) rose 22.7% over the same years, so it fell after inflation as well.
Figures last updated on .
- Median household income
- $115,980 (±$14,772)
- Median renter income
- $82,793 (±$52,916)
- Income to afford median rent
- about $106,200
Income in Fairfield Township (Essex County) against Essex County, its state and the nation
| Fairfield Township (Essex County) | Essex County | New Jersey | United States | |
|---|---|---|---|---|
| Median household income | $115,980 (±$14,772) | $80,789 (±$1,638) | $103,556 (±$513) | $80,734 |
| Median renter household income | $82,793 (±$52,916) | $51,273 (±$1,337) | $62,674 (±$718) | $52,966 |
| Median owner household income | $135,878 (±$23,702) | $148,058 (±$3,829) | $133,477 (±$624) | $100,009 |
| Median gross rent | $2,656 (±$563) | $1,531 (±$19) | $1,720 (±$7) | $1,413 |
In Fairfield Township (Essex County), median household income is higher than in Essex County ($80,789).
It is not measurably different from New Jersey ($103,556).
It is higher than the national figure ($80,734).
In Essex County, Fairfield Township (Essex County) ranks 15 of 22 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 253 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 Fairfield Township (Essex County)
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 $2,656 a month ($31,872 a year) needs an income of about $106,200 a year.
The median renting household in Fairfield Township (Essex County) earns $82,793 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 | $122,364 (±$15,831) | $115,980 (±$14,772) | −5.2% | Down after inflation |
| Median gross rent | $1,916 (±$701) | $2,656 (±$563) | +38.6% | No measurable change after inflation |
| Median home value | $519,900 (±$44,467) | $688,500 (±$61,019) | +32.4% | 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 Fairfield Township (Essex County)
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Fairfield Township (Essex County) | — | $115,980 (±$14,772) | — |
| Pine Brook | 2.2 mi | $126,488 (±$26,048) | Not measurably different |
| West Caldwell Township | 2.5 mi | $158,467 (±$5,065) | Higher |
| North Caldwell Borough | 2.6 mi | $208,245 (±$53,210) | Higher |
| Lincoln Park Borough | 2.8 mi | $123,397 (±$15,269) | Not measurably different |
| Singac | 3.2 mi | $104,519 (±$45,043) | Not measurably different |
| Caldwell Borough | 3.3 mi | $96,824 (±$19,947) | Not measurably different |
| Montville Township | 3.5 mi | $169,083 (±$22,872) | Higher |
| Towaco | 3.7 mi | $205,636 (±$67,452) | Higher |
Nearby places with a measurably higher figure: West Caldwell Township, NJ ($158,467), North Caldwell Borough, NJ ($208,245), Montville Township, NJ ($169,083).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Essex County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 9 | Verona Township | $161,843 (±$15,990) |
| 10 | West Caldwell Township | $158,467 (±$5,065) |
| 11 | Cedar Grove Township | $151,263 (±$17,925) |
| 12 | Montclair Township | $151,075 (±$8,190) |
| 13 | West Orange Township | $129,753 (±$14,240) |
| 14 | Nutley Township | $119,734 (±$8,548) |
| 15 | Fairfield Township (Essex County) | $115,980 (±$14,772) |
| 16 | Bloomfield Township | $103,604 (±$6,314) |
| 17 | Caldwell Borough | $96,824 (±$19,947) |
| 18 | Belleville Township | $90,140 (±$6,004) |
| 19 | Irvington Township | $61,609 (±$5,386) |
| 20 | East Orange | $60,830 (±$3,867) |
| 21 | Orange | $52,847 (±$7,109) |
Showing 13 of 22 places in Essex 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 Fairfield Township (Essex County)
What is the median household income in Fairfield Township (Essex County)?
The median household income in Fairfield Township (Essex County) is $115,980 (±$14,772) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Fairfield Township (Essex County)?
About $106,200 a year, if rent is to stay at or below 30% of income at the median gross rent of $2,656 a month.
Have incomes in Fairfield Township (Essex County) kept up with inflation?
In Fairfield Township (Essex County), the median household income went from $122,364 in 2015–2019 to $115,980 in 2020–2024 (−5.2%).
Prices (CPI-U) rose 22.7% over the same years, so it fell after inflation as well.
What do renters earn in Fairfield Township (Essex County)?
The median renting household in Fairfield Township (Essex County), NJ earns $82,793 (±$52,916) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Fairfield township, Essex County, New Jersey
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Fairfield township, Essex County, New Jersey
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Fairfield township, Essex County, New Jersey
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Fairfield township, Essex County, New Jersey
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Fairfield township, Essex County, New Jersey
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Fairfield township, Essex 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 Fairfield township, Essex County, New Jersey (county subdivision:22385, in state:34 county:013).
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
- Housing in Fairfield Township (Essex County) at a glance
- Median rent in Fairfield Township (Essex County)
- Rent by bedrooms in Fairfield Township (Essex County)
- Rent burden in Fairfield Township (Essex County)
- Renters and owners in Fairfield Township (Essex County)
- Home values in Fairfield Township (Essex County)
- Homeowner costs in Fairfield Township (Essex County)
- Property taxes in Fairfield Township (Essex County)
- Types of homes in Fairfield Township (Essex County)
- Age of homes in Fairfield Township (Essex County)
- Heating fuel in Fairfield Township (Essex County)
- Commute and cars in Fairfield Township (Essex County)
- Crime reported to police in Fairfield Township (Essex County)
- Population growth in Fairfield Township (Essex County)
- How long people stay in Fairfield Township (Essex County)
- New Jersey landlord and tenant rules
- Housing across Essex County
- New Jersey places ranked by median household income
- Housing data for every place in New Jersey