Edgewater is a somewhat small borough located in the state of New Jersey. With a population of 12,343 people and two constituent neighborhoods, Edgewater is the 178th largest community in New Jersey.
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 95.87% of the workforce employed in white-collar jobs, well above the national average. Overall, Edgewater is a borough of professionals, managers and sales and office workers. There are especially a lot of people living in Edgewater who work in management occupations (21.72%), sales jobs (12.12%) and healthcare (11.43%).
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.
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.
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". Urban sophisticates are educated, wealthy, executives and professionals, who have urbane tastes in books, food, and travel, whether they actually live in a big city, or choose to reside in a small town. In big or medium-sized cities, urban sophisticates tend to frequent art institutions such as opera, symphonies, ballet, live theatre, and museums.
One downside of living in Edgewater, however, is that residents on average have to contend with a long commute, spending on average 41.90 minutes every day commuting to work. However, local public transit is widely used. For those who would prefer to avoid driving entirely and leave their car at home, it may be an option to use the transit instead.
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 72.16% 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 2010 was $63,972, which is wealthy relative to New Jersey and the nation. This equates to an annual income of $255,888 for a family of four. However, Edgewater contains both very wealthy and poor people as well.
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 13.22% of the borough’s residents. Important ancestries of people in Edgewater include Italian, German, Irish, Russian, Polish and English.
Edgewater also has a high percentage of its population that was born in another country: 41.63%.
The languages spoken by people in Edgewater are also diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in Edgewater is English. Other important languages spoken here include Korean, Spanish, Japanese and Chinese.
|NUMBER OF HOMES AND APARTMENTS||5,744|
|EDGEWATER HOME OWNERSHIP|
|% OWNER OCCUPIED||34.29%|
|% RENTER OCCUPIED||65.71%|
|TYPE OF EDGEWATER HOMES|
|SINGLE FAMILY DETACHED||7.01%|
|ROWHOUSES AND ATTACHED HOMES||7.04%|
|SMALL APARTMENT BUILDINGS||10.31%|
|COMPLEXES OR HIGH RISE APARTMENTS||75.64%|
|SIZE OF EDGEWATER HOMES|
|5 OR MORE BEDROOMS||0.70%|
|AGE OF EDGEWATER HOMES|
|NEWER HOMES (2000 OR LATER)||39.05%|
|ESTABLISHED, BUT NOT OLD HOMES (1970-1999)||40.57%|
|WELL-ESTABLISHED, OLD HOMES (1940-1969)||8.08%|
|HISTORIC (1939 OR BEFORE)||12.29%|
|EDGEWATER REAL ESTATE INFORMATION||DETAILS|
|MEDIAN HOME VALUE||$593,143|
|MEDIAN RENTAL PRICE||$2,352|
|HOME VALUE RANGE|
|$0 - $53,000||3.10%|
|$53,001 - $107,000||1.98%|
|$107,001 - $213,000||0.66%|
|$213,001 - $320,000||3.05%|
|$320,001 - $427,000||15.23%|
|$427,001 - $533,000||20.96%|
|$533,001 - $800,000||35.18%|
|$800,001 - $1,067,000||10.96%|
|PEOPLE OF EDGEWATER||DETAILS|
|UNDER 5 YEARS||7.18%|
|5 TO 17||13.62%|
|18 TO 24||2.32%|
|25 TO 34||21.01%|
|35 TO 54||34.78%|
|55 TO 64||9.16%|
|65 YEARS AND OVER||11.93%|
|EDUCATIONAL ATTAINMENT OF ADULTS|
|HIGH SCHOOL GRADUATES||95.42%|
|MEDIAN HOUSEHOLD INCOME||$99,609|
|PER CAPITA INCOME||$63,972|
|INDIVIDUALS BELOW POVERTY LEVEL||10.00%|
|INDUSTRIES PEOPLE WORK IN||Professional, scientific, and technical services (21.54%)
Information Technology (5.02%)
Real estate (3.02%)
|BLACK OR AFRICAN AMERICAN||8.22%|
|AMERICAN INDIAN AND ALASKA NATIVE||0.63%|
|NATIVE HAWAIIAN AND OTHER PACIFIC ISLANDERS||0.00%|
|SOME OTHER RACE ALONE||1.32%|
|TWO OR MORE RACES||3.38%|
|HISPANIC OR LATINO (OF ANY RACE)||13.22%|
|ETHNICITIES PRESENT||Italian (7.00%)
|LANGUAGES SPOKEN||English (53.07%)
Other Indo-European (1.46%)
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