CensusEasy
CITY · 2020 ACS

Richwood

New Jersey · 3,577 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 $169,773. Population has declined 9% since 2019. 56% of adults hold a bachelor's degree or higher, well above the national rate of 33%. Median home value is $405,500. Poverty is rare here, at 2.5% of residents. Households here earn about 99% more than the New Jersey median.

At a glance
Wealthier
above the US median
US median: $66,278
Mid-age
median age 39.1
US median: 38.8
More educated
56% hold a bachelor's degree
US average: 33%
Stable housing
home values roughly flat, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
3,577
−9%since 2019
from 3,925 in 2019
2010 – 2024
Population density
404 / sq mi
−9%since 2019
from 443 / sq mi in 2019
US average: 280
Median age
39.1
−2%since 2019
from 39.7 in 2019
US average: 38.8
Population, 2010 – 2024
3K3K3K4K4K201020202024Richwood
20243K
201020202024
Section 02

Income & economy

Median household income
$169,773
+1%inflation adjusted, since 2019
from $166,450 in 2019
US average: $66,278
2010 – 2024
Per capita income
$54,087
−1%since 2019
from $54,448 in 2019
US average: $35,364
Households earning $100K+
87.8%
−2.9 ptssince 2019
from 90.7% in 2019
US average: 43.9%
Poverty rate
2.5%
+2.0 ptssince 2019
from 0.5% in 2019
US average: 12.8%
Workforce by industry, 2020
Finance & insurance9.9%
US avg: 5.5%
Professional, scientific, technical9.9%
US avg: 4.7%
Other services7.5%
US avg: 6.6%
Retail trade6.7%
US avg: 10%
Public administration6.2%
US avg: 4.7%
Wholesale trade6%
US avg: 6.7%
Information3.5%
US avg: 11.1%
Agriculture, forestry, fishing1.5%
US avg: 1.7%
Construction1.5%
US avg: 1.2%
Transportation & warehousing1.5%
US avg: 2.5%
Arts, entertainment, food0.9%
US avg: 2%
Manufacturing0%
US avg: 0.5%
Education & health services0%
US avg: 0.8%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$405,500
+4%inflation adjusted, since 2019
from $385,300 in 2019
US average: $265,253
2010 – 2024
Owner-occupied
94.6%
−3.4 ptssince 2019
from 98.1% in 2019
5.4% rent
Afford Score
2.4
+3%since 2019
from 2.3 in 2019
2010 – 2024
RELATED:See current rent listings in Richwood on RentDataNow
Section 04

Race & ethnicity

2019
White, non-Hispanic95.7%(3,756)
Black1.6%(62)
Hispanic / Latino2.1%(82)
Asian0.4%(17)
Other0.2%(8)
Diversity Score10.4%(410)
2020
White, non-Hispanic84%(3,003)
Black3.6%(128)
Hispanic / Latino4%(144)
Asian4.7%(169)
Other0.2%(7)
Diversity Score29.7%(1,061)
Diversity Score
30
+184%since 2019
from 10 in 2019
2010 – 2024
Section 05

Education

Bachelor's degree or higher
55.7%
−0.2 ptssince 2019
from 55.9% in 2019
US average: 32.9%
High school or higher
95.8%
−1.4 ptssince 2019
from 97.1% in 2019
US average: 88.5%
Graduate degree
35.6%
+3.9 ptssince 2019
from 31.7% in 2019
US average: 12.7%
Section 06

Commute & transportation

Average commute
32.7 min
+11%since 2019
from 29.4 min in 2019
US average: 26.9
Drive alone to work
92.0%
+2.5 ptssince 2019
from 89.5% in 2019
US average: 75.1%
No vehicle available
8.3%
+2.8 ptssince 2019
from 5.4% in 2019
US average: 8.4%
Section 07

Work & employment

Unemployment rate
4.4%
+1.9 ptssince 2019
from 2.5% in 2019
US average: 5.4%
Labor force participation
72.1%
−4.4 ptssince 2019
from 76.5% in 2019
US average: 63.4%
Management & professional
62.7%
−5.3 ptssince 2019
from 68.0% in 2019
US average: 39.3%
Section 08

People & community

Male
59.9%
+7.1 ptssince 2019
from 52.8% in 2019
Female
40.1%
−7.1 ptssince 2019
from 47.2% in 2019
Foreign born
4.2%
−0.9 ptssince 2019
from 5.1% in 2019
US average: 13.5%
Uninsured
1.3%
Unchangedsince 2019
from 1.3% in 2019
US average: 8.8%
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Frequently asked

How many people live in Richwood, New Jersey?

Richwood, New Jersey has about 3,577 residents according to the 2020 American Community Survey.

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

The typical household in Richwood, New Jersey earns about $169,773 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 $405,500.

How educated are people in Richwood, New Jersey?

About 55.7% 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 2.5% 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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