Westwood borough, New Jersey Median Income

Westwood borough, New Jersey has a population of 11,818, with a median household income of $128,114.

Current median income data for Westwood borough.

$128,114

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Population

11,818

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Median Income

$128,114

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Unemployment

2.10%

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Housing Price

$521,114

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Crime Rate

0.20

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Internet Speed

288.70 Mbps

Westwood borough 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.

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

Population Overview

Westwood borough has a population of 11,818, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Westwood borough is $128,114, which is above the state average. This reflects stronger earning potential and economic stability.

Housing Market

Housing prices in Westwood borough average around $521,114, which is relatively high compared to other cities in New Jersey.

Employment and Safety

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

Westwood borough continues to play a role in shaping regional trends in New Jersey, particularly in terms of economic and demographic factors.

Frequently Asked Questions about Westwood borough

What is the population of Westwood borough?

The population of Westwood borough is approximately 11,818.

Is Westwood borough a good place to live?

Westwood 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 Westwood borough?

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

How expensive is housing in Westwood borough?

The average housing price in Westwood borough is approximately $521,114.