United States › New Jersey › Towaco CITY · 2020 ACS
Towaco New Jersey · 5,624 residents · 6.00 sq mi
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The short version
With 5,624 people, Towaco is a city in New Jersey. This is an unusually credentialed place: 65% of adults have a four-year degree. Owners hold 92% of the housing stock. Renters pay $2,653 a month at the median. The typical home is worth $486,600. The median age is 44.3, about 5 years above the US median.
At a glance
Wealthier
above the US median
US median: $66,278
Older
median age 44.3
US median: 38.8
More educated
65% 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 vs 41.9 in 2021
US average: 38.8
Age distribution, 2020
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Section 02
Income & economy $91,063
−33%inflation adjusted, since 2021
vs $143,102 in 2021
US average: $66,278
vs $63,471 in 2021
US average: $35,364
Households earning $100K+
vs 66.9% in 2021
US average: 43.9%
vs 3.7% in 2021
US average: 12.8%
Workforce by industry, 2020
Public administration 9.2%
Transportation & warehousing 4.6%
Professional, scientific, technical 3.2%
Arts, entertainment, food 1.5%
Agriculture, forestry, fishing 0%
Education & health services 0%
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$486,600
−1%inflation adjusted, since 2021
vs $515,000 in 2021
US average: $265,253
$2,653
+68%inflation adjusted, since 2021
vs $1,650 in 2021
US average: $1,124
vs 98.1% in 2021
8.4% rent
vs 2.96 people in 2021
US average: 2.61
vs 3.6 in 2021
Years of local income it takes to buy a local home, on a scale of about 0 to 15. Lower is more affordable.
Section 04
Race & ethnicity 2021
White, non-Hispanic 79.2%(4,556)
Hispanic / Latino 10.2%(589)
2020
White, non-Hispanic 72.7%(4,090)
Hispanic / Latino 8.4%(471)
No data for the years selected.
Section 04 · Origins
Detailed origins & ancestry Ancestry
+ 17 more ancestry groups with data vs 69.3% in 2021
US average: 32.9%
High school or higher
vs 98.6% in 2021
US average: 88.5%
vs 27.8% in 2021
US average: 12.7%
Section 06
Commute & transportation vs 30.4 min in 2021
US average: 26.9
vs 76.6% in 2021
US average: 75.1%
vs 0.0% in 2021
US average: 8.4%
Section 07
Work & employment vs 4.3% in 2021
US average: 5.4%
vs 64.7% in 2021
US average: 63.4%
Women 20-64 in the labor force
US average: 73.3%
vs 57.6% in 2021
US average: 39.3%
Section 08
People & community vs 16.3% in 2021
US average: 13.5%
vs 4.7% in 2021
US average: 8.8%
Computer in household
US average: 91.9%
Marital status (2024)
SHARE WITHIN EACH SEX · POPULATION 15 AND OVER · 2024
Section 09
Health coverage vs 4.7% in 2021
US average: 8.8%
Direct-purchase
US average: 13.7%
VA health care
US average: 2.3%
Any private
US average: 68.1%
Any public
US average: 35.2%
Shares are "alone or in combination": a person with both Medicare and Medicaid counts in each, so categories overlap and do not sum to 100%.
Section 09 · Service history
Veterans Veterans by period of service, 2020
Gulf War (2001 or later) 11.5%(22)
Gulf War (1990s) 14.7%(28)
Share of the 191 veterans here. A veteran who served across eras counts in each, so shares can total more than 100%. Peacetime-only service is included in the total but not shown as an era.
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Drill deeper
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Frequently asked
How many people live in Towaco, New Jersey? Towaco, New Jersey has about 5,624 residents according to the 2020 American Community Survey.
What is the median household income in Towaco, New Jersey? The typical household in Towaco, New Jersey earns about $91,063 a year. Half of households make more than that, and half make less.
Is Towaco, New Jersey expensive? In Towaco, New Jersey, the median home is worth about $486,600, and the typical rent is about $2,653 a month.
How educated are people in Towaco, New Jersey? About 65.1% of adults age 25 and over in Towaco, New Jersey hold a bachelor's degree or higher.
What is the poverty rate in Towaco, New Jersey? About 2.6% of people in Towaco, New Jersey live below the federal poverty line.
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