North Caldwell, NJ
Population 6,622 · New Jersey
About North Caldwell, NJ
North Caldwell is a small town located in New Jersey with a population of 6,622 residents according to the latest US Census Bureau American Community Survey data. The median household income is $203,140 per year, which is 170% above the national median of $75,149. The median age of 46.2 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 North Caldwell features a median home value of $906,100, which is 270% above the national median of $244,900. This places North Caldwell in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $3,250, 179% above the national average of $1,163/month. Of the 2,353 total housing units, 96% are owner-occupied (2,132 units) and 4% are renter-occupied (88 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in North Caldwell shows an unemployment rate of 6.3%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 1.8%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in North Caldwell have an average one-way commute time of 27.9 minutes.
Education & Demographics
77.0% of North Caldwell 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 0.2% White, 1.0% Hispanic or Latino, 3.0% Black or African American, and 3.0% Asian residents, with 14.8% of the population being foreign-born.
How North Caldwell Ranks in New Jersey
Cost of Living in North Caldwell, NJ
Compared to national averages, North Caldwell has a median household income of $203,140 (170% above the national median of $75,149). Home values average $906,100, which is 270% above the national median. Monthly rent at $3,250 is 179% above the US average of $1,163. Within New Jersey, North Caldwell's income is 76% above the state average of $115,667, and home values are 93% above the state median of $469,644.
Why Live in North Caldwell, NJ?
North Caldwell offers a strong local economy with a median household income of $203,140, well above the national average, and a well-educated community where 77.0% of residents hold a bachelor’s degree or higher, and a low poverty rate of 1.8%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $906,100. However, North Caldwell’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
North Caldwell has a population of 6,622 with a median age of 46.2 years. Compare North Caldwell with other cities to see how it stacks up, or explore all cities in New Jersey.
Similar Cities Near North Caldwell
Cities in New Jersey with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Strathmore | 6,593 | $155,048 | $503,600 | Compare |
| Rockaway | 6,589 | $100,028 | $427,800 | Compare |
| Green Knoll | 6,664 | $156,630 | $581,600 | Compare |
| Heathcote | 6,689 | $127,391 | $563,500 | Compare |
| Ramblewood | 6,542 | $110,130 | $376,900 | Compare |
| Belle Mead | 6,772 | $219,215 | $777,600 | Compare |
| Watchung | 6,429 | $166,536 | $833,300 | 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 North Caldwell With Other Cities
Frequently Asked Questions about North Caldwell
What is the population of North Caldwell, NJ?
The population of North Caldwell, NJ is 6,622 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 North Caldwell?
The median household income in North Caldwell, NJ is $203,140 per year, which is 170% above the national median of $75,149.
What is the median home value in North Caldwell?
The median home value in North Caldwell, NJ is $906,100, which is 270% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in North Caldwell?
The median monthly rent in North Caldwell, NJ is $3,250, which is 179% above the national average of $1,163/month.
What is the unemployment rate in North Caldwell?
The unemployment rate in North Caldwell, NJ is 6.3%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is North Caldwell, NJ a good place to live?
North Caldwell offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 6,622 and a median age of 46.2, the city appeals to established professionals and retirees.
How educated is North Caldwell, NJ?
77.0% of residents in North Caldwell 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 North Caldwell?
Key cost-of-living indicators for North Caldwell, NJ: median home value is $906,100 (270% above national), median rent is $3,250/month, and median household income is $203,140. The home-value-to-income ratio is 4.5x, a moderate figure by national standards.
What is the poverty rate in North Caldwell?
The poverty rate in North Caldwell, NJ is 1.8%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is North Caldwell, NJ?
North Caldwell's population is 0.2% White, 1.0% Hispanic or Latino, 3.0% Black or African American, 3.0% Asian, and 2.3% two or more races. 14.8% of residents are foreign-born.