Midland Park, NJ Profile: Facts & Data

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Midland Park, New Jersey - Basic Facts

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The Borough of Midland Park had a population of 7,057 as of July 1, 2022. Midland Park ranks in the upper quartile for Population Density when compared to the other cities, towns and Census Designated Places (CDPs) in New Jersey. See peer rankings below.

The primary coordinate point for Midland Park is located at latitude 40.9893 and longitude -74.1407 in Bergen County. The formal boundaries for the Borough of Midland Park encompass a land area of 1.55 sq. miles and a water area of 0.01 sq. miles. Bergen County is in the Eastern time zone (GMT -5). The elevation is 262 feet.

The Borough of Midland Park has a C5 Census Class Code which indicates an active incorporated place that is independent of any county subdivision and serves as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Alternate Unofficial Names for Midland Park: Midlandpark.

Jump to... (On This Page!)
  1. Midland Park 2022 Demographic Data
  2. Growth Rates for Midland Park (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. New Jersey Research Tools (Easy Tools & Current Data)
  3. New Jersey Data Comparison Tool - 2022 Demographics
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Midland Park, NJ Data & Demographics (As of July 1, 2022)

POPULATION

Total Population 7,057 (100%)
Population in Households 7,031 (99.6%)
Population in Families 6,016 (85.2%)
Population in Group Quarters1 26 ( 0.4%)
Population Density 4,493
Diversity Index2 42
 
 

INCOME

Median Household Income $134,562
Average Household Income $172,885
% of Income for Mortgage4 22%
Per Capita Income $68,185
Wealth Index5 206
 

HOUSING

Total HU (Housing Units) 2,927 (100%)
Owner Occupied HU 1,954 (66.8%)
Renter Occupied HU 829 (28.3%)
Vacant Housing Units 144 ( 4.9%)
Median Home Value $558,296
Average Home Value $561,963
Housing Affordability Index3 93
 

HOUSEHOLDS

Total Households 2,783
Average Household Size 2.53
Family Households 1,903
Average Family Size 3.00
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2020-2022 2022-2027
Population 0.27% 0.27%
Households 0.53% 0.32%
Families   0.26%
Median Household Income   1.99%
Per Capita Income   2.42%
Owner Occupied HU   0.40%

Midland Park, NJ - Peer Comparisons by Rank and Percentile

The table below compares Midland Park to the other 701 incorporated cities, towns and CDPs in New Jersey by rank and percentile using July 1, 2022 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 230 67th
Population Density # 144 80th
Median Household Income # 156 78th
Housing Affordability Index # 214 31st
Per Capita Income # 163 77th
Diversity Index # 457 35th

Additional comparisons and rankings can be made with a VERY EASY TO USE New Jersey Census Data Comparison Tool.

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