Midland Park, NJ
Population 6,996 · New Jersey
About Midland Park, NJ
Midland Park is a small town located in New Jersey with a population of 6,996 residents according to the latest US Census Bureau American Community Survey data. The median household income is $140,063 per year, which is 86% above the national median of $75,149. The median age of 42.7 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 Midland Park features a median home value of $586,200, which is 139% above the national median of $244,900. This places Midland Park in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,837, 58% above the national average of $1,163/month. Of the 3,112 total housing units, 70% are owner-occupied (2,086 units) and 30% are renter-occupied (915 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Midland Park shows an unemployment rate of 8.0%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 1.6%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Midland Park have an average one-way commute time of 27.7 minutes.
Education & Demographics
55.2% of Midland Park 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 0.3% White, 0.8% Hispanic or Latino, 4.1% Black or African American, and 5.2% Asian residents, with 8.1% of the population being foreign-born.
Cost of Living in Midland Park, NJ
Compared to national averages, Midland Park has a median household income of $140,063 (86% above the national median of $75,149). Home values average $586,200, which is 139% above the national median. Monthly rent at $1,837 is 58% above the US average of $1,163. Within New Jersey, Midland Park's income is 21% above the state average of $115,667, and home values are 25% above the state median of $469,644.
Why Live in Midland Park, NJ?
Midland Park offers a strong local economy with a median household income of $140,063, well above the national average, and a well-educated community where 55.2% of residents hold a bachelor’s degree or higher, and a low poverty rate of 1.6%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $586,200. However, Midland Park’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Midland Park has a population of 6,996 with a median age of 42.7 years. Compare Midland Park with other cities to see how it stacks up, or explore all cities in New Jersey.
Similar Cities Near Midland Park
Cities in New Jersey with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Milltown | 6,994 | $119,958 | $423,000 | Compare |
| Mountainside | 6,967 | $210,100 | $755,600 | Compare |
| Stratford | 6,965 | $100,735 | $238,200 | Compare |
| Linwood | 6,954 | $135,904 | $351,100 | Compare |
| Barrington | 7,047 | $84,334 | $244,400 | Compare |
| Lincroft | 6,901 | $168,945 | $719,000 | Compare |
| Keyport | 7,159 | $79,036 | $374,800 | Compare |
| Allendale | 6,820 | $156,992 | $764,600 | 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 Midland Park With Other Cities
Frequently Asked Questions about Midland Park
What is the population of Midland Park, NJ?
The population of Midland Park, NJ is 6,996 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in New Jersey.
What is the median household income in Midland Park?
The median household income in Midland Park, NJ is $140,063 per year, which is 86% above the national median of $75,149.
What is the median home value in Midland Park?
The median home value in Midland Park, NJ is $586,200, which is 139% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Midland Park?
The median monthly rent in Midland Park, NJ is $1,837, which is 58% above the national average of $1,163/month.
What is the unemployment rate in Midland Park?
The unemployment rate in Midland Park, NJ is 8.0%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Midland Park, NJ a good place to live?
Midland Park offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 6,996 and a median age of 42.7, the city appeals to a broad range of residents.
How educated is Midland Park, NJ?
55.2% of residents in Midland Park 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 Midland Park?
Key cost-of-living indicators for Midland Park, NJ: median home value is $586,200 (139% above national), median rent is $1,837/month, and median household income is $140,063. The home-value-to-income ratio is 4.2x, a moderate figure by national standards.
What is the poverty rate in Midland Park?
The poverty rate in Midland Park, NJ is 1.6%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Midland Park, NJ?
Midland Park's population is 0.3% White, 0.8% Hispanic or Latino, 4.1% Black or African American, 5.2% Asian, and 0.9% two or more races. 8.1% of residents are foreign-born.