Kenilworth borough, New Jersey Median Income

Kenilworth borough, New Jersey has a population of 8,174, with a median household income of $111,228.

Current median income data for Kenilworth borough.

$111,228

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Population

8,174

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Median Income

$111,228

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Unemployment

2.60%

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Housing Price

$476,114

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Crime Rate

0.30

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Internet Speed

277.10 Mbps

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

Population Overview

Kenilworth borough has a population of 8,174, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Kenilworth borough is $111,228, which is above the state average. This reflects stronger earning potential and economic stability.

Housing Market

The average housing price in Kenilworth borough is about $476,114, making it relatively affordable compared to many cities in New Jersey.

Employment and Safety

The unemployment rate in Kenilworth borough is 2.60%, which is lower than the state average, indicating a relatively strong job market. Kenilworth 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, Kenilworth borough shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

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

Frequently Asked Questions about Kenilworth borough

What is the population of Kenilworth borough?

The population of Kenilworth borough is approximately 8,174.

Is Kenilworth borough a good place to live?

Kenilworth 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 Kenilworth borough?

The median household income in Kenilworth borough is around $111,228.

How expensive is housing in Kenilworth borough?

The average housing price in Kenilworth borough is approximately $476,114.