Cedar Knolls, NJ Profile: Facts & Data

The primary coordinate point for Cedar Knolls is located at latitude 40.822 and longitude -74.4488 in Morris County. Morris County is in the Eastern time zone (GMT -5).

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.

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

POPULATION
Total Population	4,011 (100%)
Population in Households	3,969 (99.0%)
Population in Families	3,280 (81.8%)
Population in Group Quarters¹	42 ( 1.0%)
Population Density	1,951
Diversity Index²	56


INCOME
Median Household Income	$141,386
Average Household Income	$184,552
% of Income for Mortgage⁴	25%
Per Capita Income	$76,763
Wealth Index⁵	223
Socioeconomic Status Index⁶	High (67.4)

HOUSING
Total HU (Housing Units)	1,736 (100%)
Owner Occupied HU	1,172 (67.5%)
Renter Occupied HU	496 (28.6%)
Vacant Housing Units	68 ( 3.9%)
Median Home Value	$593,168
Average Home Value	$618,494
Housing Affordability Index³	89

HOUSEHOLDS
Total Households	1,668
Average Household Size	2.38
Family Households	1,070
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.

Cedar Knolls, NJ - Peer Comparisons by Rank and Percentile

The table below compares Cedar Knolls 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.

GROWTH RATE / YEAR	2020-2023	2023-2028
Population	-0.54%	-0.54%
Households	0.06%	-0.19%
Families		-0.28%
Median Household Income		1.91%
Per Capita Income		2.50%
Owner Occupied HU		0.02%

Variable Description	Rank	Percentile
Total Population	# 337	52nd
Population Density	# 377	46th
Median Household Income	# 134	81st
Housing Affordability Index	# 413	59th
Per Capita Income	# 114	84th
Diversity Index	# 308	57th

Cedar Knolls, NJ Profile: Facts & Data

Cedar Knolls, New Jersey - Basic Facts

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

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Cedar Knolls, NJ - Peer Comparisons by Rank and Percentile

Cedar Knolls, NJ - Most Popular Things to Do

Use HTL Address Research for a New Jersey Address and get...

Quick & Easy Ways to...

New Jersey Census Data Comparison Tool

Morris County