Cedar Grove township, New Jersey Housing

Cedar Grove township, New Jersey has a population of 13,712, with a median household income of $138,441.

Current housing data for Cedar Grove township.

$612,114

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Population

13,712

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Median Income

$138,441

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Unemployment

2.10%

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Housing Price

$612,114

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Crime Rate

0.30

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Internet Speed

284.10 Mbps

Cedar Grove township is a small local community located in New Jersey. The city has a population that is below the average city population in New Jersey, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Cedar Grove township, located in New Jersey, is a city that reflects important demographic and economic patterns within the region.

Population Overview

Cedar Grove township has a population of 13,712, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Cedar Grove township is $138,441, which is above the state average. This reflects stronger earning potential and economic stability.

Housing Market

Housing prices in Cedar Grove township average around $612,114, which is relatively high compared to other cities in New Jersey.

Employment and Safety

The unemployment rate in Cedar Grove township is 2.10%, which is lower than the state average, indicating a relatively strong job market. Cedar Grove township has a lower crime rate than the state average, contributing to a relatively safer living environment.

City Comparison

Compared to other cities in New Jersey, Cedar Grove township shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Overall, Cedar Grove township offers a balanced mix of economic conditions, population trends, and housing opportunities within New Jersey.

Frequently Asked Questions about Cedar Grove township

What is the population of Cedar Grove township?

The population of Cedar Grove township is approximately 13,712.

Is Cedar Grove township a good place to live?

Cedar Grove township offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Cedar Grove township?

The median household income in Cedar Grove township is around $138,441.

How expensive is housing in Cedar Grove township?

The average housing price in Cedar Grove township is approximately $612,114.