Northvale, NJ Profile: Facts & Data

Northvale, New Jersey - Basic Facts

The Borough of Northvale had a population of 4,673 as of July 1, 2023.

The primary coordinate point for Northvale is located at latitude 41.0065 and longitude -73.949 in Bergen County. The formal boundaries for the Borough of Northvale encompass a land area of 1.29 sq. miles and a water area of 0 sq. miles. Bergen County is in the Eastern time zone (GMT -5).

The Borough of Northvale 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.

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Northvale, NJ Data & Demographics (As of July 1, 2023)

POPULATION
Total Population	4,673 (100%)
Population in Households	4,662 (99.8%)
Population in Families	4,196 (89.8%)
Population in Group Quarters¹	11 ( 0.2%)
Population Density	3,694
Diversity Index²	66


INCOME
Median Household Income	$120,567
Average Household Income	$166,135
% of Income for Mortgage⁴	30%
Per Capita Income	$59,200
Wealth Index⁵	196
Socioeconomic Status Index⁶	Moderate (62.6)

HOUSING
Total HU (Housing Units)	1,721 (100%)
Owner Occupied HU	1,404 (81.6%)
Renter Occupied HU	261 (15.2%)
Vacant Housing Units	56 ( 3.3%)
Median Home Value	$594,992
Average Home Value	$680,146
Housing Affordability Index³	70

HOUSEHOLDS
Total Households	1,665
Average Household Size	2.80
Family Households	1,307
Average Family Size	3.00

HOUSING

Total HU (Housing Units)

1,721 (100%)

Owner Occupied HU

1,404 (81.6%)

Renter Occupied HU

261 (15.2%)

Vacant Housing Units

56 ( 3.3%)

Median Home Value

$594,992

Average Home Value

$680,146

Housing Affordability Index³

HOUSEHOLDS

Total Households

1,665

Average Household Size

2.80

Family Households

1,307

Average Family Size

3.00

NOTES

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.
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.
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.
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).
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.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR	2020-2023	2023-2028
Population	-0.57%	-0.24%
Households	0.45%	0.01%
Families		0.03%
Median Household Income		2.63%
Per Capita Income		2.78%
Owner Occupied HU		0.21%

GROWTH RATE / YEAR

2020-2023

2023-2028

Population

-0.57%

-0.24%

Households

0.45%

0.01%

Families

0.03%

Median Household Income

2.63%

Per Capita Income

2.78%

Owner Occupied HU

0.21%

Northvale, NJ - Peer Comparisons by Rank and Percentile

The table below compares Northvale to the other 700 incorporated cities, towns and CDPs in New Jersey by rank and percentile using July 1, 2023 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	# 307	56th
Population Density	# 210	70th
Median Household Income	# 193	73rd
Housing Affordability Index	# 194	28th
Per Capita Income	# 258	63rd
Diversity Index	# 204	71st

Variable Description

Rank

Percentile

Total Population

# 307

56th

Population Density

# 210

70th

Median Household Income

# 193

73rd

Housing Affordability Index

# 194

28th

Per Capita Income

# 258

63rd

Diversity Index

# 204

71st

New Jersey Census Data Comparison Tool

Northvale, NJ Profile: Facts & Data

Northvale, New Jersey - Basic Facts

Northvale, NJ Data & Demographics (As of July 1, 2023)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Northvale, NJ - Peer Comparisons by Rank and Percentile

Northvale, NJ - Most Popular Things to Do

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