River Edge is a somewhat small borough located in the state of New Jersey. With a population of 11,579 people and two constituent neighborhoods, River Edge is the 180th largest community in New Jersey.
Housing costs in River Edge 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.
River Edge is a decidedly white-collar borough, with fully 91.00% of the workforce employed in white-collar jobs, well above the national average. Overall, River Edge is a borough of professionals, sales and office workers and managers. There are especially a lot of people living in River Edge who work in office and administrative support (12.39%), management occupations (12.31%) and sales jobs (11.41%).
Of important note, River Edge is also a borough of artists. River Edge has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape River Edge’s character.
Also of interest is that River Edge has more people living here who work in computers and math than 95% of the places in the US.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 7.72% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. 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.
In addition, River Edge is home to many people who could be described as "urban sophisticates". 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.
River Edge is a good choice for families with children because of several factors. Many other families with children live here, making it a place where both parents and children are more likely to develop social ties with other families. The borough’s good public school district and large population of college-educated adults provide an environment conducive to academic success. Many people own their own single-family homes, providing areas for children to play and stability in the community. Finally, River Edge’s overall crime rate ranks among the lowest in the country, making it one of the safest places to raise a family.
One downside of living in River Edge is that it can take a long time to commute to work. In River Edge, the average commute to work is 32.73 minutes, which is quite a bit higher than the national average. On the other hand, local public transit is widely used in the borough, so leaving the car at home and taking transit is often a viable alternative.
Despite being a small borough, River Edge has a lot of people using the bus to get to and from work every day. Most of these people on the bus are using it to get to good jobs in other cities.
If knowledge is power, River Edge is a pretty powerful place. 55.48% of the adults in River Edge 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 River Edge in 2010 was $44,503, 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 $178,012 for a family of four.
River Edge is a very ethnically-diverse borough. The people who call River Edge home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of River Edge residents report their race to be White, followed by Asian. Important ancestries of people in River Edge include Italian, Irish, German, Polish, Russian and English.
Foreign born people are also an important part of River Edge's cultural character, accounting for 27.88% of the borough’s population.
The languages spoken by people in River Edge 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 River Edge is English. Other important languages spoken here include Korean, Spanish, Chinese and Tagalog.
|RIVER EDGE INFORMATION||DETAILS|
|NUMBER OF HOMES AND APARTMENTS||4,009|
|RIVER EDGE HOME OWNERSHIP|
|% OWNER OCCUPIED||73.99%|
|% RENTER OCCUPIED||26.01%|
|TYPE OF RIVER EDGE HOMES|
|SINGLE FAMILY DETACHED||74.75%|
|ROWHOUSES AND ATTACHED HOMES||2.29%|
|SMALL APARTMENT BUILDINGS||15.62%|
|COMPLEXES OR HIGH RISE APARTMENTS||7.34%|
|SIZE OF RIVER EDGE HOMES|
|5 OR MORE BEDROOMS||6.25%|
|AGE OF RIVER EDGE HOMES|
|NEWER HOMES (2000 OR LATER)||2.63%|
|ESTABLISHED, BUT NOT OLD HOMES (1970-1999)||8.76%|
|WELL-ESTABLISHED, OLD HOMES (1940-1969)||59.96%|
|HISTORIC (1939 OR BEFORE)||28.65%|
|RIVER EDGE REAL ESTATE INFORMATION||DETAILS|
|MEDIAN HOME VALUE||$486,248|
|MEDIAN RENTAL PRICE||$1,620|
|HOME VALUE RANGE|
|$0 - $53,000||2.66%|
|$53,001 - $107,000||0.00%|
|$107,001 - $213,000||0.54%|
|$213,001 - $320,000||4.95%|
|$320,001 - $427,000||18.55%|
|$427,001 - $533,000||41.99%|
|$533,001 - $800,000||26.09%|
|$800,001 - $1,067,000||3.50%|
|PEOPLE OF RIVER EDGE||DETAILS|
|UNDER 5 YEARS||4.87%|
|5 TO 17||18.99%|
|18 TO 24||7.64%|
|25 TO 34||7.89%|
|35 TO 54||35.32%|
|55 TO 64||9.95%|
|65 YEARS AND OVER||15.34%|
|EDUCATIONAL ATTAINMENT OF ADULTS|
|HIGH SCHOOL GRADUATES||95.19%|
|MEDIAN HOUSEHOLD INCOME||$104,250|
|PER CAPITA INCOME||$44,503|
|INDIVIDUALS BELOW POVERTY LEVEL||1.21%|
|INDUSTRIES PEOPLE WORK IN||Healthcare (14.40%)
Professional, scientific, and technical services (10.07%)
Public Service (5.20%)
Information Technology (4.77%)
|BLACK OR AFRICAN AMERICAN||1.11%|
|AMERICAN INDIAN AND ALASKA NATIVE||0.08%|
|NATIVE HAWAIIAN AND OTHER PACIFIC ISLANDERS||0.00%|
|SOME OTHER RACE ALONE||3.00%|
|TWO OR MORE RACES||1.02%|
|HISPANIC OR LATINO (OF ANY RACE)||9.61%|
|ETHNICITIES PRESENT||Italian (19.79%)
|LANGUAGES SPOKEN||English (64.72%)
Other Asian languages (1.61%)
Get matched with a pre-screened, customer-rated real estate agent and receive up to $2,000 or more when you buy or sell.
Get the Ultimate Agent…
We screen Real Estate Professionals according to rigorous sales and service benchmarks, and we constantly survey our customers to make sure that Brokers in our elite network are meeting your highest standards. We guarantee it.†
…Plus a Cash Award
How much cash could I get?
Select an option below. You'll hear from us within 1 business hour.
Copyright © 2000-2016 Location Inc®. All the trademarks displayed on this page are the property of Location, Inc®. The NeighborhoodScout® search engine is covered under US Patents No. 7,043,501 and 7,680,859. Our nationally-comparable school ratings are covered under US Patent No. 8,376,755. Other US patent applications are currently pending.