Fanwood, NJ Community Information

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Community Information for 07023*

Population

7,179

Median Age

39.35

Median Household Income

$105,350

Households with Children

40.80%

Median Travel Time to Work

30.7 minutes

*Based on zipcode 07023 at the center of this area.


Real Estate Market Information

Median Home Sale Price 

$430,000

Annual Turnover Rate 

8.04%

In current residence 5+ years

57.69%

Median years in residence

7.08

Homes Owned

87.49%

Homes Rented

6.07%

Homes Vacant

6.45%


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Community Age Profile

Community

Transportation

Transportation

Education Levels

Education Levels

Occupation

Occupation

Community

Total Population: 7,179
Total Male Population: 3,454
Total Female Population: 3,725
Population change since 1990: 2
Population change since 2000: NA
Median age: 39.35
Percent of households with children: 40.80%
Local sales tax: 7%
Personal crime risk: 60
Recycling likelihood index: 104

Transportation

Median travel time to work: 30.7
Transportation to work:
Public: 11%
Drive/Carpool: 83%
Walk/bike/other: 2%
Work at home: 4%


Education Levels

Less than 9th Grade: 1.61%
Some high school: 2.25%
High school graduate: 17.64%
Some college: 17.01%
Associate degree: 6.35%
Bachelor's degree: 38.02%
Graduate Degree: 17.11%

Occupation

Agriculture, forestry, and fishing: 2.33%
Mining: 0.00%
Contstruction: 1.16%
Manufacturing: 8.55%
Transportation and communications: 4.32%
Wholesale trade: 0.75%
Retail trade: 23.17%
Finance, insurance and real estate: 8.64%
Sevices: 37.79%
Public administration: 11.63%
Unclassified: 1.66%


Income

Average household income: $119,217
Income change since 1990: 73
Income change since 2000: 22

Climate

Avg. January high/low temp: 39 / 22
Avg. July high/low temp: 87 / 63
Annual precipitation: 50
Air pollution index: 98


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