Totowa, NJ
Population 10,919 · New Jersey
About Totowa, NJ
Totowa is a mid-sized city located in New Jersey with a population of 10,919 residents according to the latest US Census Bureau American Community Survey data. The median household income is $114,177 per year, which is 52% above the national median of $75,149. The median age of 43.1 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 Totowa features a median home value of $507,700, which is 107% above the national median of $244,900. This places Totowa in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,703, 46% above the national average of $1,163/month. Of the 4,002 total housing units, 76% are owner-occupied (2,962 units) and 24% are renter-occupied (930 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Totowa shows an unemployment rate of 4.5%, which is near the national rate of 3.7%. The poverty rate stands at 3.8%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Totowa have an average one-way commute time of 27.3 minutes.
Education & Demographics
37.9% of Totowa 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 1.6% White, 0.2% Hispanic or Latino, 3.8% Black or African American, and 16.9% Asian residents, with 20.8% of the population being foreign-born.
Cost of Living in Totowa, NJ
Compared to national averages, Totowa has a median household income of $114,177 (52% above the national median of $75,149). Home values average $507,700, which is 107% above the national median. Monthly rent at $1,703 is 46% above the US average of $1,163. Within New Jersey, Totowa's income is 1% below the state average of $115,667, and home values are 8% above the state median of $469,644.
Why Live in Totowa, NJ?
Totowa offers a strong local economy with a median household income of $114,177, well above the national average, and a well-educated community where 37.9% of residents hold a bachelor’s degree or higher, and a low poverty rate of 3.8%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $507,700. However, Totowa’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Totowa has a population of 10,919 with a median age of 43.1 years. Compare Totowa with other cities to see how it stacks up, or explore all cities in New Jersey.
Similar Cities Near Totowa
Cities in New Jersey with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Lincoln Park | 10,901 | $119,000 | $419,500 | Compare |
| Little Ferry | 10,942 | $79,476 | $388,500 | Compare |
| Manville | 10,870 | $93,872 | $321,100 | Compare |
| Oak Ridge | 10,860 | $118,718 | $417,300 | Compare |
| McKee City | 10,843 | $81,667 | $232,000 | Compare |
| Beachwood | 11,002 | $102,043 | $307,500 | Compare |
| Pompton Lakes | 11,010 | $119,038 | $411,100 | Compare |
| Franklin Lakes | 11,011 | $230,987 | $1,217,500 | 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 Totowa With Other Cities
Frequently Asked Questions about Totowa
What is the population of Totowa, NJ?
The population of Totowa, NJ is 10,919 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 Totowa?
The median household income in Totowa, NJ is $114,177 per year, which is 52% above the national median of $75,149.
What is the median home value in Totowa?
The median home value in Totowa, NJ is $507,700, which is 107% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Totowa?
The median monthly rent in Totowa, NJ is $1,703, which is 46% above the national average of $1,163/month.
What is the unemployment rate in Totowa?
The unemployment rate in Totowa, NJ is 4.5%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Totowa, NJ a good place to live?
Totowa offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 10,919 and a median age of 43.1, the city appeals to a broad range of residents.
How educated is Totowa, NJ?
37.9% of residents in Totowa 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 Totowa?
Key cost-of-living indicators for Totowa, NJ: median home value is $507,700 (107% above national), median rent is $1,703/month, and median household income is $114,177. The home-value-to-income ratio is 4.4x, a moderate figure by national standards.
What is the poverty rate in Totowa?
The poverty rate in Totowa, NJ is 3.8%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Totowa, NJ?
Totowa's population is 1.6% White, 0.2% Hispanic or Latino, 3.8% Black or African American, 16.9% Asian, and 6.9% two or more races. 20.8% of residents are foreign-born.