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CITY

Richwood

New Jersey · 3,197 residents · 8.858 sq mi
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The short version

Richwood is significantly wealthier than the US average, with a median household income of $216,196. Population has declined 7% since 2023. 70% of adults hold a bachelor's degree or higher, well above the national rate of 36%. Median home value is $594,100. Poverty is rare here, at 4.2% of residents. It ranks in the top 1% of US cities for household income.

At a glance
Wealthier
above the US median
US median: $82,259
Mid-age
median age 38.8
US median: 38.9
More educated
70% hold a bachelor's degree
US average: 36%
Stable housing
home values roughly flat, inflation adjusted
US median home: $376,019
Section 01

Population & growth

3,197
−7%since 2023
from 3,453 in 2023
2010 – 2024
361 / sq mi
−7%since 2023
from 390 / sq mi in 2023
US average: 281
38.8
−1%since 2023
from 39.0 in 2023
US average: 38.9
Population, 20102024
3K3K3K4K4K201020202024Richwood
20243K
201020202024
Section 02

Income & economy

$216,196
+2%inflation adjusted, since 2023
from $206,685 in 2023
US average: $82,259
2010 – 2024
$88,225
+33%since 2023
from $66,325 in 2023
US average: $44,673
Households earning $100K+
95.1%
+2.3 ptssince 2023
from 92.8% in 2023
US average: 53.3%
4.2%
Unchangedsince 2023
from 4.2% in 2023
US average: 12.5%
0.421
+24%since 2023
from 0.339 in 2023
US average: 0.476
Workforce by industry, 2024
Information10.7%
US avg: 10.8%
Other services8.5%
US avg: 6.7%
Retail trade7.4%
US avg: 9.9%
Public administration6%
US avg: 4.8%
Finance & insurance4.1%
US avg: 5.9%
Professional, scientific, technical4.1%
US avg: 5.1%
Wholesale trade3.4%
US avg: 6.9%
Arts, entertainment, food3.2%
US avg: 1.9%
Agriculture, forestry, fishing0%
US avg: 1.6%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
Transportation & warehousing0%
US avg: 2.2%
Education & health services0%
US avg: 0.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

$594,100
+2%inflation adjusted, since 2023
from $566,000 in 2023
US average: $376,019
2010 – 2024
96.0%
+0.5 ptssince 2023
from 95.5% in 2023
4.0% rent
11.6%
−1.8 ptssince 2023
from 13.4% in 2023
US average: 10.0%
27.8%
+2.0 ptssince 2023
from 25.8% in 2023
US average: 22.9%
38.5%
+5.9 ptssince 2023
from 32.6% in 2023
US average: 47.4%
2.7
Unchangedsince 2023
from 2.7 in 2023
2010 – 2024
RELATED:See current rent listings in Richwood on RentDataNow
Section 04

Race & ethnicity

2023
White, non-Hispanic93.1%(3,216)
Black0%(0)
Hispanic / Latino4%(139)
Asian0%(0)
Other2.8%(98)
Diversity Score16.3%(562)
2024
White, non-Hispanic91.2%(2,915)
Black0%(0)
Hispanic / Latino5%(161)
Asian0%(0)
Other3.8%(121)
Diversity Score20.6%(658)
21
+27%since 2023
from 16 in 2023
2010 – 2024
Section 05

Education

69.9%
+2.4 ptssince 2023
from 67.5% in 2023
US average: 35.6%
High school or higher
98.3%
Unchangedsince 2023
from 98.3% in 2023
US average: 89.6%
21.5%
−6.5 ptssince 2023
from 28.0% in 2023
US average: 14.0%
Section 06

Commute & transportation

26.0 min
+2%since 2023
from 25.5 min in 2023
US average: 26.5
71.0%
+0.3 ptssince 2023
from 70.7% in 2023
US average: 68.9%
4.5%
−0.7 ptssince 2023
from 5.2% in 2023
US average: 8.5%
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 3.2%
23.0%
+0.6 ptssince 2023
from 22.4% in 2023
US average: 15.0%
0.9%
−0.1 ptssince 2023
from 1.0% in 2023
US average: 2.4%
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 0.4%
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 8.3%
Section 07

Work & employment

1.3%
−3.2 ptssince 2023
from 4.5% in 2023
US average: 5.2%
68.6%
+4.3 ptssince 2023
from 64.3% in 2023
US average: 63.5%
19.1%
+3.0 ptssince 2023
from 16.1% in 2023
US average: 13.1%
63.1%
+2.3 ptssince 2023
from 60.8% in 2023
US average: 42.5%
Section 08

People & community

46.4%
−4.5 ptssince 2023
from 50.9% in 2023
53.6%
+4.5 ptssince 2023
from 49.1% in 2023
1.2%
+1.2 ptssince 2023
from 0.0% in 2023
US average: 14.1%
4.5%
−0.4 ptssince 2023
from 4.9% in 2023
US average: 6.2%
9.5%
−0.2 ptssince 2023
from 9.7% in 2023
US average: 13.3%
0.4%
−0.1 ptssince 2023
from 0.5% in 2023
US average: 8.4%
97.3%
−0.2 ptssince 2023
from 97.5% in 2023
US average: 91.0%
96.1%
−1.9 ptssince 2023
from 98.0% in 2023
US average: 77.7%
1.4%
+0.4 ptssince 2023
from 0.9% in 2023
US average: 13.6%
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Frequently asked

How many people live in Richwood, New Jersey?

Richwood, New Jersey has about 3,197 residents according to the 2024 American Community Survey.

What is the median household income in Richwood, New Jersey?

The typical household in Richwood, New Jersey earns about $216,196 a year. Half of households make more than that, and half make less.

Is Richwood, New Jersey expensive?

In Richwood, New Jersey, the median home is worth about $594,100.

How educated are people in Richwood, New Jersey?

About 69.9% of adults age 25 and over in Richwood, New Jersey hold a bachelor's degree or higher.

What is the poverty rate in Richwood, New Jersey?

About 4.2% of people in Richwood, New Jersey live below the federal poverty line.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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