Northfield, NJ
Population 8,427 · New Jersey
About Northfield, NJ
Northfield is a small town located in New Jersey with a population of 8,427 residents according to the latest US Census Bureau American Community Survey data. The median household income is $104,042 per year, which is 38% above the national median of $75,149. The median age of 44.7 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 Northfield features a median home value of $275,900, which is 13% above the national median of $244,900. This positions Northfield in a moderately priced market relative to the rest of the country. Median monthly rent is $1,554, 34% above the national average of $1,163/month. Of the 3,447 total housing units, 88% are owner-occupied (2,897 units) and 12% are renter-occupied (402 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Northfield shows an unemployment rate of 2.8%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 4.4%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Northfield have an average one-way commute time of 22.1 minutes.
Education & Demographics
45.9% of Northfield 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 1.3% White, 0.5% Hispanic or Latino, 3.4% Black or African American, and 6.6% Asian residents, with 14.7% of the population being foreign-born.
Cost of Living in Northfield, NJ
Compared to national averages, Northfield has a median household income of $104,042 (38% above the national median of $75,149). Home values average $275,900, which is 13% above the national median. Monthly rent at $1,554 is 34% above the US average of $1,163. Within New Jersey, Northfield's income is 10% below the state average of $115,667, and home values are 41% below the state median of $469,644.
Why Live in Northfield, NJ?
Northfield offers a strong local economy with a median household income of $104,042, well above the national average, and a strong job market with an unemployment rate of just 2.8%, and a well-educated community where 45.9% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 4.4%, better than the national average, and short commute times averaging just 22.1 minutes.
Northfield has a population of 8,427 with a median age of 44.7 years. Compare Northfield with other cities to see how it stacks up, or explore all cities in New Jersey.
Similar Cities Near Northfield
Cities in New Jersey with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Upper Saddle River | 8,354 | $246,719 | $1,101,800 | Compare |
| Kenilworth | 8,339 | $126,295 | $521,100 | Compare |
| Newton | 8,336 | $73,679 | $282,300 | Compare |
| Twin Rivers | 8,315 | $98,831 | $273,900 | Compare |
| Closter | 8,544 | $187,500 | $820,100 | Compare |
| Runnemede | 8,310 | $100,366 | $217,500 | Compare |
| West Long Branch | 8,576 | $123,661 | $631,300 | Compare |
| Dayton | 8,241 | $141,308 | $471,700 | 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 Northfield With Other Cities
Frequently Asked Questions about Northfield
What is the population of Northfield, NJ?
The population of Northfield, NJ is 8,427 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 Northfield?
The median household income in Northfield, NJ is $104,042 per year, which is 38% above the national median of $75,149.
What is the median home value in Northfield?
The median home value in Northfield, NJ is $275,900, which is 13% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Northfield?
The median monthly rent in Northfield, NJ is $1,554, which is 34% above the national average of $1,163/month.
What is the unemployment rate in Northfield?
The unemployment rate in Northfield, NJ is 2.8%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Northfield, NJ a good place to live?
Northfield offers above-average incomes, a competitive housing market, and a strong job market. With a population of 8,427 and a median age of 44.7, the city appeals to a broad range of residents.
How educated is Northfield, NJ?
45.9% of residents in Northfield 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 Northfield?
Key cost-of-living indicators for Northfield, NJ: median home value is $275,900 (13% above national), median rent is $1,554/month, and median household income is $104,042. The home-value-to-income ratio is 2.7x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Northfield?
The poverty rate in Northfield, NJ is 4.4%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Northfield, NJ?
Northfield's population is 1.3% White, 0.5% Hispanic or Latino, 3.4% Black or African American, 6.6% Asian, and 2.8% two or more races. 14.7% of residents are foreign-born.