Edgewater, NJ
Population 14,544 · New Jersey
About Edgewater, NJ
Edgewater is a mid-sized city located in New Jersey with a population of 14,544 residents according to the latest US Census Bureau American Community Survey data. The median household income is $137,847 per year, which is 83% above the national median of $75,149. The median age of 39.9 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Edgewater features a median home value of $723,400, which is 195% above the national median of $244,900. This places Edgewater in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $2,645, 127% above the national average of $1,163/month. Of the 7,601 total housing units, 41% are owner-occupied (2,876 units) and 59% are renter-occupied (4,133 units). The higher proportion of renters may reflect a transient population, younger demographics, or high housing costs relative to income.
Economy & Employment
The local economy in Edgewater shows an unemployment rate of 4.9%, which is near the national rate of 3.7%. The poverty rate stands at 6.2%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Edgewater have an average one-way commute time of 42 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
74.0% of Edgewater residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 0.9% White, 0.2% Hispanic or Latino, 3.6% Black or African American, and 5.9% Asian residents, with 53.1% of the population being foreign-born.
Cost of Living in Edgewater, NJ
Compared to national averages, Edgewater has a median household income of $137,847 (83% above the national median of $75,149). Home values average $723,400, which is 195% above the national median. Monthly rent at $2,645 is 127% above the US average of $1,163. Within New Jersey, Edgewater's income is 19% above the state average of $115,667, and home values are 54% above the state median of $469,644.
Why Live in Edgewater, NJ?
Edgewater offers a strong local economy with a median household income of $137,847, well above the national average, and a well-educated community where 74.0% of residents hold a bachelor’s degree or higher, and a low poverty rate of 6.2%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $723,400. However, Edgewater’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Edgewater has a population of 14,544 with a median age of 39.9 years. Compare Edgewater with other cities to see how it stacks up, or explore all cities in New Jersey.
Similar Cities Near Edgewater
Cities in New Jersey with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Moorestown-Lenola | 14,523 | $134,167 | $533,400 | Compare |
| Middlesex | 14,518 | $107,063 | $414,600 | Compare |
| Hopatcong | 14,470 | $114,057 | $318,600 | Compare |
| Short Hills | 14,398 | $250,001 | $1,621,200 | Compare |
| Ramsey | 14,722 | $164,767 | $665,700 | Compare |
| Hammonton | 14,746 | $83,044 | $324,200 | Compare |
| Bradley Gardens | 14,315 | $177,590 | $508,800 | Compare |
| Cherry Hill Mall | 14,827 | $117,535 | $313,000 | 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.
Compare Edgewater With Other Cities
Frequently Asked Questions about Edgewater
What is the population of Edgewater, NJ?
The population of Edgewater, NJ is 14,544 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in New Jersey.
What is the median household income in Edgewater?
The median household income in Edgewater, NJ is $137,847 per year, which is 83% above the national median of $75,149.
What is the median home value in Edgewater?
The median home value in Edgewater, NJ is $723,400, which is 195% above the national median of $244,900. A significant portion of residents rent their homes.
What is the average rent in Edgewater?
The median monthly rent in Edgewater, NJ is $2,645, which is 127% above the national average of $1,163/month.
What is the unemployment rate in Edgewater?
The unemployment rate in Edgewater, NJ is 4.9%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Edgewater, NJ a good place to live?
Edgewater offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 14,544 and a median age of 39.9, the city appeals to a broad range of residents.
How educated is Edgewater, NJ?
74.0% of residents in Edgewater aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Edgewater?
Key cost-of-living indicators for Edgewater, NJ: median home value is $723,400 (195% above national), median rent is $2,645/month, and median household income is $137,847. The home-value-to-income ratio is 5.2x, a moderate figure by national standards.
What is the poverty rate in Edgewater?
The poverty rate in Edgewater, NJ is 6.2%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Edgewater, NJ?
Edgewater's population is 0.9% White, 0.2% Hispanic or Latino, 3.6% Black or African American, 5.9% Asian, and 3.5% two or more races. 53.1% of residents are foreign-born.