Fairwoods, NJ
Comprehensive Demographic, Economic, and Housing Data Profile
Living in Fairwoods, NJ: Quick Facts & Overview
- Population: 17,610 residents (2,368 people per sq. mi.)
- Average House Price: $939,742
- Average Household Income: $172,708
Fairwoods, NJ is located in the state of New Jersey. It is home to about 17,610 people, with around 2,368 residents living in every square mile.
If you want to buy a house in Fairwoods, the average price is around $939,742. That makes local housing 80% higher than the New Jersey average of $522,239, and 205% higher than the national average of $308,592.
The average household in Fairwoods earns about $172,708 a year. This income is 42% higher than the average family in New Jersey ($122,052), and 119% higher than the national average ($78,686).
Population
17,610
Median Household Income
$172,708
Median Home Value
$939,742
Median Age
35.3 yrs
Household Income Brackets
Racial & Ethnic Demographics
Age Distribution
Educational Attainment
Economic & Labor Indicators
| Individual Median Income | $52,067 |
| Labor Force Participation | 65.7% |
| Unemployment Rate | 6.4% |
| Average Commute Time | 27.0 mins |
Housing & Community Metrics
| Home Ownership Rate | 64.0% |
| Median Rent | $2,251 |
| Rent Burdened (>30% Income) | 31.1% |
| Total Housing Units | 5,653 |
Additional Census & Housing Profile
Geographic Overview
| County | Morris |
| County FIPS | 34027 |
| Metro Area (CBSA) | New York-Newark-Jersey City, NY-NJ |
| Combined Area (CSA) | New York-Newark, NY-NJ-CT-PA |
| Population Density | 2,367.9/sq mi |
| Coordinates (lat/lng) | 40.7687, -74.4285 |
| Timezone | America/New_York |
| National Ranking | 4 |
| Incorporated | No |
Household Structure
| Average Family Size | 3.25 |
| Dual Income Families | 65.3% |
Marital Status
| Married | 47.9% |
| Never Married | 40.2% |
| Divorced | 7.9% |
| Widowed | 4.1% |
Gender
| Male | 47.8% |
| Female | 52.2% |
Health & Poverty
| Uninsured Rate (Health) | 3.3% |
| Poverty Rate | 3.2% |
Key Population Groups
| Veterans | 2.7% |
| Disabled Population | 6.4% |
| Limited English Proficiency | 3.2% |
All ZIP Codes in Fairwoods
| ZIP Code | Population | Median Household Income | Median Home Value |
|---|---|---|---|
| 07940 | 17,610 | $172,708 | $939,742 |
Nearby Cities
| City | Distance | Population |
|---|---|---|
| Madison, NJ | 0.9 miles | 16,447 |
| Florham Park, NJ | 1.8 miles | 13,564 |
| Green Village, NJ | 2.3 miles | 1,130 |
| Chatham, NJ | 2.9 miles | 11,102 |
| Morristown, NJ | 3.2 miles | 20,453 |
| Hanover, NJ | 3.5 miles | 14,769 |
| Whippany, NJ | 3.8 miles | 8,970 |
| Cedar Knolls, NJ | 3.8 miles | 4,882 |
| Morris, NJ | 3.9 miles | 23,424 |
| New Vernon, NJ | 3.9 miles | 743 |
| Harding, NJ | 4.2 miles | 3,896 |
| East Hanover, NJ | 4.9 miles | 11,152 |
| Summit, NJ | 5 miles | 22,705 |
| New Providence, NJ | 5 miles | 13,727 |
| Livingston, NJ | 5.3 miles | 31,488 |
| Morris Plains, NJ | 5.3 miles | 6,315 |
| Gillette, NJ | 5.6 miles | 2,833 |
| Short Hills, NJ | 5.7 miles | 14,923 |
| Troy Hills, NJ | 5.7 miles | 5,179 |
| Millburn, NJ | 5.8 miles | 22,145 |
| Parsippany-Troy Hills, NJ | 6.3 miles | 56,397 |
| Berkeley Heights, NJ | 6.4 miles | 13,426 |
| Long Hill, NJ | 6.6 miles | 8,652 |
| Parsippany, NJ | 6.7 miles | 21,345 |
| Mountainside, NJ | 7 miles | 7,049 |
| Stirling, NJ | 7.1 miles | 2,599 |
| Springfield, NJ | 7.2 miles | 17,171 |
| Roseland, NJ | 7.2 miles | 6,268 |
| Brookside, NJ | 7.4 miles | 1,465 |
| Springfield, NJ | 7.4 miles | 1,304 |
| Rainbow Lakes, NJ | 7.5 miles | 1,375 |
| Mount Tabor, NJ | 7.5 miles | 1,184 |
| Millington, NJ | 7.9 miles | 3,220 |
| Basking Ridge, NJ | 8 miles | 7,917 |
| Pine Brook, NJ | 8.1 miles | 5,961 |
| Lake Hiawatha, NJ | 8.2 miles | 11,018 |
| Vauxhall, NJ | 8.4 miles | 6,157 |
| Mountain Lakes, NJ | 8.5 miles | 4,585 |
| Maplewood, NJ | 8.6 miles | 25,613 |
| Pleasantdale, NJ | 8.6 miles | 2,145 |
| Watchung, NJ | 8.7 miles | 6,485 |
| Mendham, NJ | 8.7 miles | 6,018 |
| West Orange, NJ | 8.8 miles | 48,585 |
| West Caldwell, NJ | 8.8 miles | 10,995 |
| Lyons, NJ | 8.8 miles | 5,187 |
| Essex Fells, NJ | 8.8 miles | 2,361 |
| South Orange Village, NJ | 8.9 miles | 18,474 |
| Denville, NJ | 8.9 miles | 17,205 |
| Bernardsville, NJ | 9 miles | 7,916 |
| Fanwood, NJ | 9.1 miles | 7,799 |
| Westfield, NJ | 9.2 miles | 31,111 |
| Caldwell, NJ | 9.3 miles | 9,003 |
| Randolph, NJ | 9.5 miles | 26,604 |
| Boonton, NJ | 9.5 miles | 8,854 |
| Kenilworth, NJ | 9.6 miles | 8,401 |
| Victory Gardens, NJ | 9.6 miles | 1,759 |
| Union, NJ | 9.7 miles | 61,071 |
| Bernards, NJ | 9.7 miles | 28,114 |
| Union, NJ | 9.7 miles | 2,774 |
| Connecticut Farms, NJ | 9.7 miles | 516 |
| Scotch Plains, NJ | 9.8 miles | 24,843 |
| Garwood, NJ | 9.8 miles | 4,885 |
| Llewellyn Park, NJ | 9.9 miles | 560 |
| City of Orange, NJ | 10.1 miles | 34,281 |
| Cranford, NJ | 10.1 miles | 24,074 |
| North Plainfield, NJ | 10.2 miles | 22,809 |
| Fairfield, NJ | 10.2 miles | 7,824 |
| Cranford, NJ | 10.2 miles | 1,937 |
| Warren, NJ | 10.4 miles | 16,186 |
| Plainfield, NJ | 10.6 miles | 55,236 |
| Montville, NJ | 10.6 miles | 22,876 |
| Dover, NJ | 10.6 miles | 18,563 |
| Verona, NJ | 10.6 miles | 14,545 |
| Irvington, NJ | 10.7 miles | 60,867 |
| Liberty Corner, NJ | 10.7 miles | 2,325 |
| Roselle Park, NJ | 11.1 miles | 14,093 |
| North Caldwell, NJ | 11.1 miles | 6,656 |
| East Orange, NJ | 11.3 miles | 70,090 |
| Hillside, NJ | 11.6 miles | 22,349 |
| White Meadow Lake, NJ | 11.6 miles | 8,842 |
| Towaco, NJ | 11.7 miles | 5,612 |
| Mine Hill, NJ | 11.7 miles | 4,048 |
| Far Hills, NJ | 11.7 miles | 948 |
| Green Brook, NJ | 11.8 miles | 7,028 |
| Winfield, NJ | 11.8 miles | 1,479 |
| Roselle, NJ | 11.9 miles | 22,646 |
| Clark, NJ | 11.9 miles | 15,622 |
| Montclair, NJ | 12 miles | 40,341 |
| Watsessing, NJ | 12 miles | 8,232 |
| Glen Ridge, NJ | 12 miles | 7,943 |
| Kean University, NJ | 12 miles | 1,362 |
| Cedar Grove, NJ | 12.1 miles | 13,475 |
| Wharton, NJ | 12.1 miles | 7,318 |
| Mount Hope, NJ | 12.1 miles | 3,120 |
| Ampere North, NJ | 12.4 miles | 5,029 |
| Peapack and Gladstone, NJ | 12.4 miles | 2,571 |
| Dunellen, NJ | 12.5 miles | 7,911 |
| Lincoln Park, NJ | 12.6 miles | 10,957 |
| Singac, NJ | 12.6 miles | 4,207 |
| Hibernia, NJ | 12.6 miles | 115 |