Maywood, NJ
Population 10,042 · New Jersey
About Maywood, NJ
Maywood is a mid-sized city located in New Jersey with a population of 10,042 residents according to the latest US Census Bureau American Community Survey data. The median household income is $119,306 per year, which is 59% above the national median of $75,149. The median age of 45.6 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 Maywood features a median home value of $495,700, which is 102% above the national median of $244,900. This places Maywood in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,932, 66% above the national average of $1,163/month. Of the 3,908 total housing units, 69% are owner-occupied (2,625 units) and 31% are renter-occupied (1,189 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Maywood shows an unemployment rate of 7.3%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 2.8%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Maywood have an average one-way commute time of 29.5 minutes.
Education & Demographics
43.5% of Maywood residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 0.1% White, 0.2% Hispanic or Latino, 7.2% Black or African American, and 16.2% Asian residents, with 25.6% of the population being foreign-born.
Cost of Living in Maywood, NJ
Compared to national averages, Maywood has a median household income of $119,306 (59% above the national median of $75,149). Home values average $495,700, which is 102% above the national median. Monthly rent at $1,932 is 66% above the US average of $1,163. Within New Jersey, Maywood's income is 3% above the state average of $115,667, and home values are 6% above the state median of $469,644.
Why Live in Maywood, NJ?
Maywood offers a strong local economy with a median household income of $119,306, well above the national average, and a well-educated community where 43.5% of residents hold a bachelor’s degree or higher, and a low poverty rate of 2.8%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $495,700. However, Maywood’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Maywood has a population of 10,042 with a median age of 45.6 years. Compare Maywood with other cities to see how it stacks up, or explore all cities in New Jersey.
Similar Cities Near Maywood
Cities in New Jersey with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Brookdale | 10,044 | $150,489 | $527,200 | Compare |
| White Horse | 10,040 | $100,896 | $274,300 | Compare |
| Hillsdale | 10,086 | $169,862 | $656,800 | Compare |
| Waldwick | 10,090 | $155,526 | $576,200 | Compare |
| Woodbury | 9,992 | $74,769 | $207,900 | Compare |
| Wood-Ridge | 10,094 | $131,412 | $532,900 | Compare |
| Budd Lake | 10,106 | $113,036 | $437,200 | Compare |
| Kinnelon | 9,971 | $178,102 | $682,600 | 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 Maywood With Other Cities
Frequently Asked Questions about Maywood
What is the population of Maywood, NJ?
The population of Maywood, NJ is 10,042 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 Maywood?
The median household income in Maywood, NJ is $119,306 per year, which is 59% above the national median of $75,149.
What is the median home value in Maywood?
The median home value in Maywood, NJ is $495,700, which is 102% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Maywood?
The median monthly rent in Maywood, NJ is $1,932, which is 66% above the national average of $1,163/month.
What is the unemployment rate in Maywood?
The unemployment rate in Maywood, NJ is 7.3%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Maywood, NJ a good place to live?
Maywood offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 10,042 and a median age of 45.6, the city appeals to established professionals and retirees.
How educated is Maywood, NJ?
43.5% of residents in Maywood 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 Maywood?
Key cost-of-living indicators for Maywood, NJ: median home value is $495,700 (102% above national), median rent is $1,932/month, and median household income is $119,306. The home-value-to-income ratio is 4.2x, a moderate figure by national standards.
What is the poverty rate in Maywood?
The poverty rate in Maywood, NJ is 2.8%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Maywood, NJ?
Maywood's population is 0.1% White, 0.2% Hispanic or Latino, 7.2% Black or African American, 16.2% Asian, and 5.2% two or more races. 25.6% of residents are foreign-born.