Waldwick, NJ
Population 10,090 · New Jersey
About Waldwick, NJ
Waldwick is a mid-sized city located in New Jersey with a population of 10,090 residents according to the latest US Census Bureau American Community Survey data. The median household income is $155,526 per year, which is 107% above the national median of $75,149. The median age of 39.5 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Waldwick features a median home value of $576,200, which is 135% above the national median of $244,900. This places Waldwick in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $3,189, 174% above the national average of $1,163/month. Of the 3,486 total housing units, 88% are owner-occupied (3,019 units) and 12% are renter-occupied (415 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Waldwick shows an unemployment rate of 2.7%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 2.2%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Waldwick have an average one-way commute time of 27.6 minutes.
Education & Demographics
57.1% of Waldwick 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, 1.1% Hispanic or Latino, 2.6% Black or African American, and 13.2% Asian residents, with 16.7% of the population being foreign-born.
Cost of Living in Waldwick, NJ
Compared to national averages, Waldwick has a median household income of $155,526 (107% above the national median of $75,149). Home values average $576,200, which is 135% above the national median. Monthly rent at $3,189 is 174% above the US average of $1,163. Within New Jersey, Waldwick's income is 34% above the state average of $115,667, and home values are 23% above the state median of $469,644.
Why Live in Waldwick, NJ?
Waldwick offers a strong local economy with a median household income of $155,526, well above the national average, and a strong job market with an unemployment rate of just 2.7%, and a well-educated community where 57.1% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 2.2%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $576,200. However, Waldwick’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Waldwick has a population of 10,090 with a median age of 39.5 years. Compare Waldwick with other cities to see how it stacks up, or explore all cities in New Jersey.
Similar Cities Near Waldwick
Cities in New Jersey with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Hillsdale | 10,086 | $169,862 | $656,800 | Compare |
| Wood-Ridge | 10,094 | $131,412 | $532,900 | Compare |
| Budd Lake | 10,106 | $113,036 | $437,200 | Compare |
| Brookdale | 10,044 | $150,489 | $527,200 | Compare |
| Maywood | 10,042 | $119,306 | $495,700 | Compare |
| White Horse | 10,040 | $100,896 | $274,300 | Compare |
| Hackettstown | 10,143 | $91,250 | $337,100 | Compare |
| East Rutherford | 10,154 | $91,789 | $453,500 | 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 Waldwick With Other Cities
Frequently Asked Questions about Waldwick
What is the population of Waldwick, NJ?
The population of Waldwick, NJ is 10,090 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 Waldwick?
The median household income in Waldwick, NJ is $155,526 per year, which is 107% above the national median of $75,149.
What is the median home value in Waldwick?
The median home value in Waldwick, NJ is $576,200, which is 135% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Waldwick?
The median monthly rent in Waldwick, NJ is $3,189, which is 174% above the national average of $1,163/month.
What is the unemployment rate in Waldwick?
The unemployment rate in Waldwick, NJ is 2.7%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Waldwick, NJ a good place to live?
Waldwick offers above-average incomes, a competitive housing market, and a strong job market. With a population of 10,090 and a median age of 39.5, the city appeals to a broad range of residents.
How educated is Waldwick, NJ?
57.1% of residents in Waldwick 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 Waldwick?
Key cost-of-living indicators for Waldwick, NJ: median home value is $576,200 (135% above national), median rent is $3,189/month, and median household income is $155,526. The home-value-to-income ratio is 3.7x, a moderate figure by national standards.
What is the poverty rate in Waldwick?
The poverty rate in Waldwick, NJ is 2.2%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Waldwick, NJ?
Waldwick's population is 0.2% White, 1.1% Hispanic or Latino, 2.6% Black or African American, 13.2% Asian, and 0.9% two or more races. 16.7% of residents are foreign-born.