Bernardsville borough, New Jersey Median Income

Bernardsville borough, New Jersey has a population of 7,618, with a median household income of $169,114.

Current median income data for Bernardsville borough.

$169,114

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Population

7,618

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Median Income

$169,114

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Unemployment

1.90%

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Housing Price

$861,228

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Crime Rate

0.20

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Internet Speed

289.70 Mbps

Bernardsville 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.

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

Population Overview

Bernardsville borough has a population of 7,618, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Bernardsville borough is $169,114, which is above the state average. This reflects stronger earning potential and economic stability.

Housing Market

Housing prices in Bernardsville borough average around $861,228, which is relatively high compared to other cities in New Jersey.

Employment and Safety

The unemployment rate in Bernardsville borough is 1.90%, which is lower than the state average, indicating a relatively strong job market. Bernardsville 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, Bernardsville borough shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

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

Frequently Asked Questions about Bernardsville borough

What is the population of Bernardsville borough?

The population of Bernardsville borough is approximately 7,618.

Is Bernardsville borough a good place to live?

Bernardsville 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 Bernardsville borough?

The median household income in Bernardsville borough is around $169,114.

How expensive is housing in Bernardsville borough?

The average housing price in Bernardsville borough is approximately $861,228.