Towaco is a very small town located in the state of New Jersey. With a population of 5,020 people and just one neighborhood, Towaco is the 324th largest community in New Jersey.
Real Estate Prices
Towaco home prices are not only among the most expensive in New Jersey, but Towaco real estate also consistently ranks among the most expensive in America.
Occupations and Workforce
Towaco is a decidedly white-collar town, with fully 91.68% of the workforce employed in white-collar jobs, well above the national average. Overall, Towaco is a town of sales and office workers, managers and professionals. There are especially a lot of people living in Towaco who work in sales jobs (17.69%), management occupations (15.90%) and office and administrative support (14.12%).
Also of interest is that Towaco 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: 7.75% 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.
Setting & Lifestyle
Overall, Towaco’s crime rate is one of the lowest in the nation, which makes a great place to live if safety is an important concern.
One downside of living in Towaco is that it can take a long time to commute to work. In Towaco, the average commute to work is 30.27 minutes, which is quite a bit higher than the national average. On the other hand, local public transit is widely used in the town, so leaving the car at home and taking transit is often a viable alternative.
Despite being a small town, Towaco 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.