Beachwood borough, New Jersey Median Income

Beachwood borough, New Jersey has a population of 11,214, with a median household income of $93,228.

Current median income data for Beachwood borough.

$93,228

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Population

11,214

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Median Income

$93,228

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Unemployment

3.00%

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Housing Price

$392,114

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Crime Rate

0.50

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Internet Speed

244.60 Mbps

Beachwood 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.

Situated in New Jersey, Beachwood borough provides insight into regional population trends, income levels, and housing conditions.

Population Overview

Beachwood borough has a population of 11,214, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Beachwood borough is $93,228, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Beachwood borough is about $392,114, making it relatively affordable compared to many cities in New Jersey.

Employment and Safety

The unemployment rate in Beachwood borough is 3.00%, slightly above the state average, suggesting moderate employment conditions. Crime rates in Beachwood borough are higher than the state average, which may be a factor for residents to consider.

City Comparison

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

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

Frequently Asked Questions about Beachwood borough

What is the population of Beachwood borough?

The population of Beachwood borough is approximately 11,214.

Is Beachwood borough a good place to live?

Beachwood 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 Beachwood borough?

The median household income in Beachwood borough is around $93,228.

How expensive is housing in Beachwood borough?

The average housing price in Beachwood borough is approximately $392,114.