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Oldwick, NJ Profile: Facts & Data

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Oldwick, New Jersey - Basic Facts

The Oldwick CDP(1) had a population of 436 as of July 1, 2022. Oldwick ranks in the lower quartile for Population Density and Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in New Jersey. See peer rankings below.

The primary coordinate point for Oldwick is located at latitude 40.6726 and longitude -74.7474 in Hunterdon County. Hunterdon County is in the Eastern time zone (GMT -5). The elevation is 226 feet.

It also has a Functional Status Code of ""

The Oldwick Census Designated Place is located within Township of Tewksbury, a minor civil division (MCD) of Hunterdon County.

Alternate Unofficial Names for Oldwick: New Germantown, Old Wick, Smithfield.

  1. A Census Designated Place (CDP) is a statistical counterpart to a self-governing (incorporated) place such as a city, town, or village. A CDP is not a legal entity and has no governmental functions.

Jump to... (On This Page!)
  1. Oldwick 2022 Demographic Data
  2. Growth Rates for Oldwick (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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Oldwick, NJ Data & Demographics (As of July 1, 2022)

POPULATION

Total Population 436 (100%)
Population in Households 433 (99.3%)
Population in Families 377 (86.5%)
Population in Group Quarters1 3 ( 0.7%)
Population Density 242
Diversity Index2 33
 
 

INCOME

Median Household Income $131,015
Average Household Income $195,316
% of Income for Mortgage4 26%
Per Capita Income $81,590
Wealth Index5 303
 

HOUSING

Total HU (Housing Units) 218 (100%)
Owner Occupied HU 176 (80.7%)
Renter Occupied HU 14 ( 6.4%)
Vacant Housing Units 28 (12.8%)
Median Home Value $646,684
Average Home Value $700,706
Housing Affordability Index3 99
 

HOUSEHOLDS

Total Households 190
Average Household Size 2.28
Family Households 140
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 -0.90% -0.14%
Households -0.46% 0.00%
Families   0.00%
Median Household Income   1.45%
Per Capita Income   2.98%
Owner Occupied HU   0.11%

Oldwick, NJ - Peer Comparisons by Rank and Percentile

The table below compares Oldwick 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 # 624 11th
Population Density # 649 8th
Median Household Income # 164 77th
Housing Affordability Index # 271 39th
Per Capita Income # 81 89th
Diversity Index # 559 21st

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

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