Caldwell is a somewhat small borough located in the state of New Jersey. With a population of 7,970 people and five constituent neighborhoods, Caldwell is the 250th largest community in New Jersey.
Housing costs in Caldwell are among some of the highest in the nation, although real estate prices here don't compare to real estate prices in the most expensive communities in New Jersey.
Caldwell is a decidedly white-collar borough, with fully 91.72% of the workforce employed in white-collar jobs, well above the national average. Overall, Caldwell is a borough of managers, sales and office workers, and professionals. There are especially a lot of people living in Caldwell who work in management occupations (16.34%), sales jobs (13.05%), and office and administrative support (12.49%).
Also of interest is that Caldwell has more people living here who work in computers and math than 95% of the places in the US.
For a small borough, there is also a high proportion of single, often educated, people living in Caldwell. This is not typical for smaller communities in America, and adds a feeling of vibrancy to Caldwell.
Even though Caldwell is a smaller borough, it has many people who hop on public transportation – mostly the bus for their daily commute to work. Typically, these people are commuting to good jobs in the surrounding cities.
If knowledge is power, Caldwell is a pretty powerful place. 51.20% of the adults in Caldwell have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
The per capita income in Caldwell in 2010 was $45,413, which is upper middle income relative to New Jersey, and wealthy relative to the rest of the US. This equates to an annual income of $181,652 for a family of four. However, Caldwell contains both very wealthy and poor people as well.
Caldwell is a very ethnically-diverse borough. The people who call Caldwell home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Caldwell residents report their race to be White, followed by Asian. Caldwell also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 12.35% of the borough’s residents. Important ancestries of people in Caldwell include Italian, Irish, German, English, and Polish.
The most common language spoken in Caldwell is English. Other important languages spoken here include Spanish and Italian.