Rutherford borough, New Jersey Median Income

Rutherford borough, New Jersey has a population of 18,418, with a median household income of $128,114.

Current median income data for Rutherford borough.

$128,114

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Population

18,418

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Median Income

$128,114

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Unemployment

2.20%

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Housing Price

$688,228

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Crime Rate

0.20

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Internet Speed

290.40 Mbps

Rutherford borough 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.

Rutherford borough is a notable city in New Jersey, offering a mix of population dynamics, economic indicators, and housing trends.

Population Overview

Rutherford borough has a population of 18,418, 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 Rutherford borough is $128,114, which is above the state average. This reflects stronger earning potential and economic stability.

Housing Market

Housing prices in Rutherford borough average around $688,228, which is relatively high compared to other cities in New Jersey.

Employment and Safety

The unemployment rate in Rutherford borough is 2.20%, which is lower than the state average, indicating a relatively strong job market. Rutherford borough 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, Rutherford borough shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Overall, Rutherford borough offers a balanced mix of economic conditions, population trends, and housing opportunities within New Jersey.

Frequently Asked Questions about Rutherford borough

What is the population of Rutherford borough?

The population of Rutherford borough is approximately 18,418.

Is Rutherford borough a good place to live?

Rutherford borough 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 Rutherford borough?

The median household income in Rutherford borough is around $128,114.

How expensive is housing in Rutherford borough?

The average housing price in Rutherford borough is approximately $688,228.