Last updated: 2024 BLS data · Page refreshed:
Fanwood has a population of 7,799 with a median age of 43.4. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 7,799 |
| Median Age | 43.4 |
| White | 73.6% |
| Black or African American | 4.5% |
| Asian | 6.9% |
| Hispanic or Latino | 11.2% |
| Other / Two or More Races | 3.8% |
The median household income in Fanwood is $195,529, which is 142.6% above the national median of $80,610. The per capita income is $72,810. The poverty rate is 1.0%.
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In Fanwood, 96.9% of residents age 25+ have a high school diploma or higher, and 73.0% hold a bachelor's degree or higher (28.2% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 96.9% |
| Bachelor's Degree or Higher | 73.0% |
| Graduate or Professional Degree | 28.2% |
The median home value in Fanwood is $635,200, above the national median of $303,400. The median monthly rent is $2,446. The homeownership rate is 84.9%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $635,200 |
| Median Monthly Rent | $2,446 |
| Homeownership Rate | 84.9% |
| Vacancy Rate | 2.2% |
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