Caldwell, NJ
Population 8,898 · New Jersey
About Caldwell, NJ
Caldwell is a small community in New Jersey with a population of 8,898 residents. The median household income is $101,196 per year, which is above the national average. The median age in Caldwell is 38.5 years.
Housing in Caldwell has a median home value of $563,000 and median monthly rent of $1,937. Of the 3,874 total housing units, renting is more common than owning, with 1,722 owner-occupied and 2,075 renter-occupied units.
The unemployment rate in Caldwell is 4.0% and the poverty rate is 5.9%. 58.3% of residents hold a bachelor's degree or higher. The average commute time is 29.3 minutes.
Cost of Living in Caldwell, NJ
Compared to national averages, Caldwell has a median household income of $101,196 (35% above the national median of $75,149). Home values average $563,000, which is 130% above the national median. Monthly rent at $1,937 is 67% above the US average of $1,163. Within New Jersey, Caldwell's income is 13% below the state average of $115,667, and home values are 20% above the state median of $469,644.
Why Live in Caldwell, NJ?
Caldwell offers a strong local economy with a median household income of $101,196, well above the national average, and a well-educated community where 58.3% of residents hold a bachelor’s degree or higher, and a low poverty rate of 5.9%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $563,000. However, Caldwell’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Caldwell has a population of 8,898 with a median age of 38.5 years. Compare Caldwell with other cities to see how it stacks up, or explore all cities in New Jersey.
Similar Cities Near Caldwell
Cities in New Jersey with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Clayton | 8,867 | $89,375 | $244,800 | Compare |
| Whippany | 8,862 | $153,725 | $612,500 | Compare |
| Haledon | 8,936 | $94,178 | $347,700 | Compare |
| Flanders | 8,949 | $149,769 | $492,600 | Compare |
| Pitman | 8,834 | $96,199 | $258,400 | Compare |
| Boonton | 8,803 | $100,417 | $475,300 | Compare |
| Madison Park | 8,798 | $76,396 | $386,200 | Compare |
| North Haledon | 8,757 | $131,810 | $517,200 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in New Jersey
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Caldwell
What is the population of Caldwell, NJ?
The population of Caldwell, NJ is 8,898 according to the latest Census data.
What is the median household income in Caldwell?
The median household income in Caldwell, NJ is $101,196 per year.
What is the median home value in Caldwell?
The median home value in Caldwell, NJ is $563,000.
What is the average rent in Caldwell?
The median monthly rent in Caldwell, NJ is $1,937.
What is the unemployment rate in Caldwell?
The unemployment rate in Caldwell, NJ is 4.0%.