Fanwood borough, New Jersey Population

Fanwood borough, New Jersey has a population of 7,861, with a median household income of $154,228.

Current population data for Fanwood borough.

7,861

👥

Population

7,861

💰

Median Income

$154,228

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Unemployment

1.90%

🏠

Housing Price

$621,114

🚨

Crime Rate

0.20

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Internet Speed

287.80 Mbps

Fanwood 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, Fanwood borough provides insight into regional population trends, income levels, and housing conditions.

Population Overview

Fanwood borough has a population of 7,861, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Fanwood borough is $154,228, which is above the state average. This reflects stronger earning potential and economic stability.

Housing Market

Housing prices in Fanwood borough average around $621,114, which is relatively high compared to other cities in New Jersey.

Employment and Safety

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

Fanwood 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 Fanwood borough

What is the population of Fanwood borough?

The population of Fanwood borough is approximately 7,861.

Is Fanwood borough a good place to live?

Fanwood 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 Fanwood borough?

The median household income in Fanwood borough is around $154,228.

How expensive is housing in Fanwood borough?

The average housing price in Fanwood borough is approximately $621,114.