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Northvale, NJ Profile: Facts & Data

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Northvale, New Jersey - Basic Facts

The Borough of Northvale had a population of 4,926 as of July 1, 2020.

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 elevation is 39 feet.

The Borough of Northvale (GNIS ID: 885327) 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 Northvale: Neuvy, Northvalle Neuvy.

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Northvale, NJ Data & Demographics (As of July 1, 2020)

POPULATION

Total Population 4,926 (100%)
Population in Households 4,732 (96.1%)
Population in Families 4,313 (87.6%)
Population in Group Quarters1 194 ( 3.9%)
Population Density 3,894
Diversity Index2 57
 
 

INCOME

Median Household Income $111,415
Average Household Income $140,781
% of Income for Mortgage4 18%
Per Capita Income $45,099
Wealth Index5 203
 

HOUSING

Total HU (Housing Units) 1,699 (100%)
Owner Occupied HU 1,331 (78.3%)
Renter Occupied HU 317 (18.7%)
Vacant Housing Units 52 ( 3.1%)
Median Home Value $477,334
Average Home Value $586,908
Housing Affordability Index3 106
 

HOUSEHOLDS

Total Households 1,647
Average Household Size 2.87
Family Households 1,336
Average Family Size 3
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

 2010-2020 2020-2025
Population 0.63% 0.42%
Households 0.56% 0.4%
Families 0.57% 0.4%
Median Household Income   2.17%
Per Capita Income   2.46%
Owner Occupied HU   0.61%

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Northvale, NJ - Peer Comparisons by Rank and Percentile

The table below compares Northvale to the other 545 incorporated cities, towns and CDPs in New Jersey by rank and percentile using July 1, 2020 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 # 262 52nd
Population Density # 163 70th
Median Household Income # 134 76th
Housing Affordability Index # 167 31st
Per Capita Income # 246 55th
Diversity Index # 181 67th

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

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