Cranford township, New Jersey Median Income

Cranford township, New Jersey has a population of 24,781, with a median household income of $138,114.

Current median income data for Cranford township.

$138,114

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Population

24,781

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Median Income

$138,114

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Unemployment

2.10%

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Housing Price

$582,114

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Crime Rate

0.30

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Internet Speed

288.40 Mbps

Cranford township is a small local community located in New Jersey. The city has a population that is above 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.

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

Population Overview

Cranford township has a population of 24,781, which is higher than the state average. This indicates a relatively larger urban presence within New Jersey.

Income and Economy

The median household income in Cranford township is $138,114, which is above the state average. This reflects stronger earning potential and economic stability.

Housing Market

Housing prices in Cranford township average around $582,114, which is relatively high compared to other cities in New Jersey.

Employment and Safety

The unemployment rate in Cranford township is 2.10%, which is lower than the state average, indicating a relatively strong job market. Cranford 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, Cranford township shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

As part of New Jersey, Cranford township contributes to the broader economic and social landscape, offering insights into regional development.

Frequently Asked Questions about Cranford township

What is the population of Cranford township?

The population of Cranford township is approximately 24,781.

Is Cranford township a good place to live?

Cranford 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 Cranford township?

The median household income in Cranford township is around $138,114.

How expensive is housing in Cranford township?

The average housing price in Cranford township is approximately $582,114.