Edgewater is a medium-sized borough located in the state of New Jersey. With a population of 14,678 people and three associated neighborhoods, Edgewater is the 137th largest community in New Jersey. Edgewater has seen a significant amount of newer housing growth in recent years. Quite often, new home construction is the result of new residents moving in who are middle class or wealthier, attracted by jobs, a healthy local economy, or other amenities as they leave nearby or far away areas for greener pastures. This seems to be the case in Edgewater, where the median household income is $137,847.00. Housing costs in Edgewater 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.Edgewater is a decidedly white-collar borough, with fully 96.81% 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 management occupations (20.12%), business and financial occupations (16.73%), and sales jobs (12.34%). 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. Telecommuters are a relatively large percentage of the workforce: 25.38% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. 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. One downside of living in Edgewater, however, is that residents on average have to contend with a long commute, spending on average 39.51 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. In Edgewater, a lot of people use the bus to get to work every day though Edgewater is a relatively small borough. Those that ride the bus are primarily traveling out of town to good jobs in other cities.Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in Edgewater. 74.03% of adults here have a 4-year degree or graduate degree, whereas the national average for all cities and towns is just 21.84%. The per capita income in Edgewater in 2022 was $96,592, which is wealthy relative to New Jersey and the nation. This equates to an annual income of $386,368 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 Asian, followed by White. Edgewater also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 12.38% of the borough’s residents. Important ancestries of people in Edgewater include Irish, Italian, German, Russian, and English. In addition, Edgewater has a lot of people living here who were born outside of the US (53.07%). The most common language spoken in Edgewater is English. Other important languages spoken here include Korean and Spanish.
