Greentree, NJ
Population 11,024 · New Jersey
About Greentree, NJ
Greentree is a mid-sized city located in New Jersey with a population of 11,024 residents according to the latest US Census Bureau American Community Survey data. The median household income is $144,426 per year, which is 92% above the national median of $75,149. The median age of 45.1 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Greentree features a median home value of $419,800, which is 71% above the national median of $244,900. This places Greentree in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $2,269, 95% above the national average of $1,163/month. Of the 4,414 total housing units, 81% are owner-occupied (3,386 units) and 19% are renter-occupied (803 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Greentree shows an unemployment rate of 5.1%, which is near the national rate of 3.7%. The poverty rate stands at 4.8%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Greentree have an average one-way commute time of 29.8 minutes.
Education & Demographics
72.1% of Greentree 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 0.0% White, 0.5% Hispanic or Latino, 1.8% Black or African American, and 3.2% Asian residents, with 20.1% of the population being foreign-born.
Cost of Living in Greentree, NJ
Compared to national averages, Greentree has a median household income of $144,426 (92% above the national median of $75,149). Home values average $419,800, which is 71% above the national median. Monthly rent at $2,269 is 95% above the US average of $1,163. Within New Jersey, Greentree's income is 25% above the state average of $115,667, and home values are 11% below the state median of $469,644.
Why Live in Greentree, NJ?
Greentree offers a strong local economy with a median household income of $144,426, well above the national average, and a well-educated community where 72.1% of residents hold a bachelor’s degree or higher, and a low poverty rate of 4.8%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $419,800. However, Greentree’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Greentree has a population of 11,024 with a median age of 45.1 years. Compare Greentree with other cities to see how it stacks up, or explore all cities in New Jersey.
Similar Cities Near Greentree
Cities in New Jersey with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Franklin Lakes | 11,011 | $230,987 | $1,217,500 | Compare |
| Pompton Lakes | 11,010 | $119,038 | $411,100 | Compare |
| Beachwood | 11,002 | $102,043 | $307,500 | Compare |
| Little Ferry | 10,942 | $79,476 | $388,500 | Compare |
| Totowa | 10,919 | $114,177 | $507,700 | Compare |
| Lincoln Park | 10,901 | $119,000 | $419,500 | Compare |
| Wanaque | 11,162 | $112,326 | $366,400 | Compare |
| Manville | 10,870 | $93,872 | $321,100 | 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 Greentree With Other Cities
Frequently Asked Questions about Greentree
What is the population of Greentree, NJ?
The population of Greentree, NJ is 11,024 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 Greentree?
The median household income in Greentree, NJ is $144,426 per year, which is 92% above the national median of $75,149.
What is the median home value in Greentree?
The median home value in Greentree, NJ is $419,800, which is 71% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Greentree?
The median monthly rent in Greentree, NJ is $2,269, which is 95% above the national average of $1,163/month.
What is the unemployment rate in Greentree?
The unemployment rate in Greentree, NJ is 5.1%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Greentree, NJ a good place to live?
Greentree offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 11,024 and a median age of 45.1, the city appeals to established professionals and retirees.
How educated is Greentree, NJ?
72.1% of residents in Greentree 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 Greentree?
Key cost-of-living indicators for Greentree, NJ: median home value is $419,800 (71% above national), median rent is $2,269/month, and median household income is $144,426. The home-value-to-income ratio is 2.9x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Greentree?
The poverty rate in Greentree, NJ is 4.8%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Greentree, NJ?
Greentree's population is 0.0% White, 0.5% Hispanic or Latino, 1.8% Black or African American, 3.2% Asian, and 5.0% two or more races. 20.1% of residents are foreign-born.