Washington township, New Jersey Median Income

Washington township, New Jersey has a population of 48,818, with a median household income of $118,114.

Current median income data for Washington township.

$118,114

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Population

48,818

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Median Income

$118,114

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Unemployment

2.30%

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Housing Price

$421,114

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Crime Rate

0.20

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Internet Speed

278.40 Mbps

Washington township is a smaller urban community located in New Jersey. The city has a population that is above 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.

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

Population Overview

Washington township has a population of 48,818, which is higher than the state average. This indicates a relatively larger urban presence within New Jersey.

Income and Economy

The median household income in Washington township is $118,114, which is above the state average. This reflects stronger earning potential and economic stability.

Housing Market

The average housing price in Washington township is about $421,114, making it relatively affordable compared to many cities in New Jersey.

Employment and Safety

The unemployment rate in Washington township is 2.30%, which is lower than the state average, indicating a relatively strong job market. Washington township 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, Washington township shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

As part of New Jersey, Washington township contributes to the broader economic and social landscape, offering insights into regional development.

Frequently Asked Questions about Washington township

What is the population of Washington township?

The population of Washington township is approximately 48,818.

Is Washington township a good place to live?

Washington township 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 Washington township?

The median household income in Washington township is around $118,114.

How expensive is housing in Washington township?

The average housing price in Washington township is approximately $421,114.