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Rockaway, NJ Profile: Facts & Data

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Rockaway, New Jersey - Basic Facts

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The Borough of Rockaway had a population of 6,268 as of July 1, 2021.

The primary coordinate point for Rockaway is located at latitude 40.9012 and longitude -74.5143 in Morris County. The formal boundaries for the Borough of Rockaway encompass a land area of 2.07 sq. miles and a water area of 0.05 sq. miles. Morris County is in the Eastern time zone (GMT -5). The elevation is 561 feet.

The Borough of Rockaway 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.


Jump to... (On This Page!)
  1. Rockaway 2021 Demographic Data
  2. Growth Rates for Rockaway (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 - 2021 Demographics
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Rockaway, NJ Data & Demographics (As of July 1, 2021)

POPULATION

Total Population 6,268 (100%)
Population in Households 6,259 (99.9%)
Population in Families 5,154 (82.2%)
Population in Group Quarters1 9 ( 0.1%)
Population Density 3,022
Diversity Index2 58
 
 

INCOME

Median Household Income $93,569
Average Household Income $115,213
% of Income for Mortgage4 16%
Per Capita Income $44,026
Wealth Index5 129
 

HOUSING

Total HU (Housing Units) 2,547 (100%)
Owner Occupied HU 1,535 (60.3%)
Renter Occupied HU 860 (33.8%)
Vacant Housing Units 152 ( 6.0%)
Median Home Value $360,279
Average Home Value $374,560
Housing Affordability Index3 107
 

HOUSEHOLDS

Total Households 2,395
Average Household Size 2.61
Family Households 1,617
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

 2010-2021 2021-2026
Population -0.24% -0.16%
Households -0.18% -0.13%
Families -0.22% -0.14%
Median Household Income   1.78%
Per Capita Income   2.39%
Owner Occupied HU   0.48%

Rockaway, NJ - Peer Comparisons by Rank and Percentile

The table below compares Rockaway to the other 545 incorporated cities, towns and CDPs in New Jersey by rank and percentile using July 1, 2021 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 # 221 60th
Population Density # 225 59th
Median Household Income # 239 56th
Housing Affordability Index # 179 33rd
Per Capita Income # 287 48th
Diversity Index # 182 66th

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

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