Garwood, NJ Profile: Facts & Data


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Garwood, New Jersey - Basic Facts

The Borough of Garwood had a population of 4,504 as of July 1, 2020. Garwood ranks in the upper quartile for Population Density when compared to the other cities, towns and Census Designated Places (CDPs) in New Jersey. See peer rankings below.

The primary coordinate point for Garwood is located at latitude 40.6518 and longitude -74.3229 in Union County. The formal boundaries for the Borough of Garwood encompass a land area of 0.66 sq. miles and a water area of 0 sq. miles. Union County is in the Eastern time zone (GMT -5). The elevation is 82 feet.

The Borough of Garwood (GNIS ID: 885229) 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.


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


Total Population 4,504 (100%)
Population in Households 4,504 (100.0%)
Population in Families 3,566 (79.2%)
Population in Group Quarters1 0
Population Density 6,925
Diversity Index2 39


Median Household Income $92,669
Average Household Income $119,476
% of Income for Mortgage4 18%
Per Capita Income $50,029
Wealth Index5 122


Total HU (Housing Units) 1,965 (100%)
Owner Occupied HU 1,102 (56.1%)
Renter Occupied HU 784 (39.9%)
Vacant Housing Units 79 ( 4.0%)
Median Home Value $394,553
Average Home Value $469,351
Housing Affordability Index3 105


Total Households 1,886
Average Household Size 2.39
Family Households 1,182
Average Family Size 3
  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.


2010-2020 2020-2025
Population 0.62% 0.44%
Households 0.58% 0.39%
Families 0.54% 0.39%
Median Household Income   1.99%
Per Capita Income   2.12%
Owner Occupied HU   0.87%


Garwood, NJ - Peer Comparisons by Rank and Percentile

The table below compares Garwood 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 # 280 49th
Population Density # 63 89th
Median Household Income # 234 57th
Housing Affordability Index # 161 30th
Per Capita Income # 192 65th
Diversity Index # 303 45th

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

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