Woodland Park borough, NJ Profile: Facts & Data

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Woodland Park borough, New Jersey - Basic Facts

The Borough of Woodland Park had a population of 12,457 as of July 1, 2019. Woodland Park borough ranks in the upper quartile for 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 Woodland Park borough is located at latitude 40.8905 and longitude -74.1946 in Passaic County. The formal boundaries for the Borough of Woodland Park encompass a land area of 2.93 sq. miles and a water area of 0.15 sq. miles.

The Borough of Woodland Park (GNIS ID: 885439) 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 Woodland Park borough: Borough of West Paterson.

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  1. Woodland Park borough 2019 Demographic Data
  2. Growth Rates for Woodland Park borough (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 - 2019 Demographics

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Woodland Park borough, NJ Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Woodland Park borough, NJ Housing Affordability Index is 85
State of New Jersey Housing Affordability Index is 91
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.

WEALTH INDEX

Woodland Park borough, NJ Wealth Index is 135
State of New Jersey Wealth Index is 148
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.

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POPULATION

Total Population 12,457 (100%)
Population in Households 12,366 (99.3%)
Population in Families 10,348 (83.1%)
Population in Group Quarters1 91 ( 0.7%)
Population Density 4,239
Diversity Index2 65
 

INCOME

Median Household Income $85,463
Average Household Income $109,258
Per Capita Income $42,613
Wealth Index4 135

HOUSING

Total Housing Units 5,140 (100%)
Owner Occupied HU 2,939 (57.2%)
Renter Occupied HU 1,918 (37.3%)
Vacant Housing Units 283 ( 5.5%)
Median Home Value $388,082
Housing Affordability Index3 85
 

HOUSEHOLDS

Total Households 4,857
Average Household Size 2.55
Family Households 3,361
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 race 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 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

2010-2019 2019-2024
Population 0.57% 0.46%
Households 0.51% 0.44%
Families 0.48% 0.42%
Median Household Income   2.31%
Per Capita Income   2.82%

Woodland Park borough, NJ - Peer Comparisons by Rank and Percentile

The table below compares Woodland Park borough to the other 545 incorporated cities, towns and CDPs in New Jersey by rank and percentile using July 1, 2019 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 # 103 81st
Population Density # 144 74th
Diversity Index # 131 76th
Median Household Income # 271 50th
Per Capita Income # 267 51st

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

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