Caldwell

Population: 8,898
Median household income: $101,196
Median home value: $563,000

Located in Essex County, New Jersey, Caldwell is a community with a population of 8,898. At $101,196, its median household income sits above Essex County's $76,712.

From 2019 to 2023, Caldwell's population grew 11.7% from 7,969 to 8,898, while its median home value rose 20.6% from $466,700 to $563,000.

White (non-Hispanic) residents are the largest group, 66.8% of the population. 65.5% of workers drive to work alone.

Demographics

ACS 2019–2023

Population: 8,898
Median age: 38.5 yrs
Median household income: $101,196
Median home value: $563,000
Median gross rent: $1,937
Housing units: 3,874
Homeownership rate: 45.4%
Bachelor's degree or higher: 58.3%
Unemployment rate: 4.0%

Trends

ACS 5-year · 2019–2023

Population

7,9698,898

Median household income

$96,806$101,196

Median home value

$466,700$563,000

Median gross rent

$1,512$1,937

Year	Population	Median household income	Median home value	Median gross rent
2019	7,969	$96,806	$466,700	$1,512
2020	7,970	$105,102	$464,300	$1,641
2021	8,800	$107,596	$460,800	$1,766
2022	8,897	$117,879	$558,400	$1,868
2023	8,898	$101,196	$563,000	$1,937

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 56.5%

5 to 1712.2%

18 to 2410.5%

25 to 3414.6%

35 to 4413.5%

45 to 5411.2%

55 to 6412.5%

65 to 7410.5%

75 and over8.5%

	Count	Share
Under 5	575	6.5%
5 to 17	1,084	12.2%
18 to 24	934	10.5%
25 to 34	1,303	14.6%
35 to 44	1,201	13.5%
45 to 54	993	11.2%
55 to 64	1,115	12.5%
65 to 74	936	10.5%
75 and over	757	8.5%

Race & ethnicity

	Count	Share
White (non-Hispanic)	5,946	66.8%
Black or African American	419	4.7%
American Indian & Alaska Native	27	0.3%
Asian	1,120	12.6%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	32	0.4%
Two or more races	105	1.2%
Hispanic or Latino (any race)	1,249	14.0%

Educational attainment (age 25+)

No high school diploma3.2%

High school graduate18.9%

Some college or associate's19.6%

Bachelor's degree31.4%

Graduate or professional degree26.9%

	Count	Share
No high school diploma	204	3.2%
High school graduate	1,192	18.9%
Some college or associate's	1,235	19.6%
Bachelor's degree	1,979	31.4%
Graduate or professional degree	1,695	26.9%

Commute to work

Mean travel time to work: 29 min

Drove alone65.5%

Carpooled4.8%

Public transit4.8%

Walked4.1%

Bicycle0.2%

Worked from home19.7%

Other means0.9%

How workers get to work

	Count	Share
Drove alone	3,230	65.5%
Carpooled	237	4.8%
Public transit	239	4.8%
Walked	200	4.1%
Bicycle	11	0.2%
Worked from home	969	19.7%
Other means	43	0.9%

Travel time

	Count	Share
Under 15 min	896	22.6%
15 to 29 min	1,369	34.6%
30 to 44 min	862	21.8%
45 to 59 min	364	9.2%
60+ min	469	11.8%

Households

Average household size: 2.18
Poverty rate: 5.9% (488 of 8,319)

	Count	Share
Family households	2,167	57.1%
Nonfamily households	1,630	42.9%

Housing

Median year structure built: 1958

Occupancy

	Count	Share
Occupied	3,797	98.0%
Vacant	77	2.0%

Tenure (of occupied units)

	Count	Share
Owner-occupied	1,722	45.4%
Renter-occupied	2,075	54.6%

1-unit, detached31.6%

1-unit, attached7.4%

2 to 4 units18.4%

5 to 19 units16.7%

20 or more units25.4%

Mobile home & other0.4%

Units in structure

	Count	Share
1-unit, detached	1,226	31.6%
1-unit, attached	288	7.4%
2 to 4 units	714	18.4%
5 to 19 units	647	16.7%
20 or more units	983	25.4%
Mobile home & other	16	0.4%

Geography

Place GEOID: 3409250
Type (LSAD): 21
Land area: 1.18 sq mi
Water area: 0 sq mi
Center point: 40.8392, -74.2770