Edgewater, NJ
REAL ESTATE & DEMOGRAPHIC DATA






Edgewater profile


Living in Edgewater


Edgewater is a somewhat small borough located in the state of New Jersey. With a population of 14,336 people and three constituent neighborhoods, Edgewater is the 137th largest community in New Jersey. Much of the housing stock in Edgewater was built relatively recently. The construction of new real estate can often be taken as an indication that the local Edgewater economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in Edgewater, where the median household income is $130,267.00.

Edgewater home prices are not only among the most expensive in New Jersey, but Edgewater real estate also consistently ranks among the most expensive in America.

Edgewater is a decidedly white-collar borough, with fully 94.78% of the workforce employed in white-collar jobs, well above the national average. Overall, Edgewater is a borough of managers, professionals, and sales and office workers. There are especially a lot of people living in Edgewater who work in business and financial occupations (18.53%), management occupations (15.50%), and sales jobs (14.93%).

Also of interest is that Edgewater has more people living here who work in computers and math than 95% of the places in the US.

Of important note, Edgewater is also a borough of artists. Edgewater has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Edgewater’s character.

A relatively large number of people in Edgewater telecommute to their jobs. Overall, about 13.12% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.

Edgewater, while not large, also appears to be attractive to some younger, educated professionals, who help shape the character of the borough.

In addition to being popular with young singles, Edgewater is also home to many people who can be described as "urban sophisticates". While both of these categories describe educated professionals, urban sophisticates are quite a different demographic. Urban sophisticates are people who are both educated and wealthy, and thus tend to be older, richer, and more established than young professionals. "Urban sophisticates" is not just about being educated and well-off financially: it is a point of view and state of mind, one that you might call 'urbaneness'. But such people can and do regularly live in small towns, suburbs and rural areas, as well as in big cities. They read, support the arts and high-end shops, and love travel.

In Edgewater, however, the average commute to work is quite long. On average, people spend 40.47 minutes each day getting to work, which is significantly higher than the national average. One bright side is that local public transit is widely used, so it may be an option to avoid the headache of driving in the heavy traffic by leaving the car at home and taking transit.

Even though Edgewater 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.

Do you like to read, write and learn? If you move to Edgewater, you'll likely find that many of your neighbors like to as well. Edgewater is one of the more educated communities in America, with a full 75.28% of its adults having a college degree or even advanced degree, compared to a national average across all communities of 21.84%.

The per capita income in Edgewater in 2018 was $74,986, which is wealthy relative to New Jersey and the nation. This equates to an annual income of $299,944 for a family of four.

Edgewater is an extremely ethnically-diverse borough. The people who call Edgewater home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Edgewater residents report their race to be White, followed by Asian. Edgewater also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 14.49% of the borough’s residents. Important ancestries of people in Edgewater include Irish, German, Italian, Polish, and Russian.

Foreign born people are also an important part of Edgewater's cultural character, accounting for 48.97% of the borough’s population.

The most common language spoken in Edgewater is English. Other important languages spoken here include Korean and Spanish.


Real Estate in Popular Edgewater Neighborhoods

Zip Codes in Edgewater, NJ