Tenafly is a somewhat small borough located in the state of New Jersey. With a population of 14,453 people and two constituent neighborhoods, Tenafly is the 136th largest community in New Jersey.
Tenafly home prices are not only among the most expensive in New Jersey, but Tenafly real estate also consistently ranks among the most expensive in America.
Tenafly is a decidedly white-collar borough, with fully 94.20% of the workforce employed in white-collar jobs, well above the national average. Overall, Tenafly is a borough of professionals, managers, and sales and office workers. There are especially a lot of people living in Tenafly who work in management occupations (20.63%), healthcare (14.24%), and business and financial occupations (12.09%).
Of important note, Tenafly is also a borough of artists. Tenafly has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Tenafly’s character.
Also of interest is that Tenafly 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: 8.51% 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, Tenafly 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.
Because of many things, Tenafly is a great place for families with children to consider. First of all, many other families with children live here, making Tenafly a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The borough’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Tenafly has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Tenafly’s overall crime rate is lower than average for the country.
One downside of living in Tenafly, however, is that residents on average have to contend with a long commute, spending on average 39.94 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.
Despite being a small borough, Tenafly 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.
Do you like to read, write and learn? If you move to Tenafly, you'll likely find that many of your neighbors like to as well. Tenafly is one of the more educated communities in America, with a full 81.66% 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 Tenafly in 2018 was $72,874, which is wealthy relative to New Jersey and the nation. This equates to an annual income of $291,496 for a family of four.
Tenafly is an extremely ethnically-diverse borough. The people who call Tenafly home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Tenafly residents report their race to be White, followed by Asian. Important ancestries of people in Tenafly include Irish, Italian, English, German, and Eastern European.
In addition, Tenafly has a lot of people living here who were born outside of the US (35.01%).
The most common language spoken in Tenafly is English. Other important languages spoken here include Korean and Spanish.