Fanwood, NJ 07023 has a population of approximately 7,648 and experiences a population change rate of 6.61%. The population density is 5,707.5 / sq mi .
Fanwood, NJ 07023 has a population of approximately 7,648 and experiences a population change rate of 6.61%. The population density is 5,707.5 / sq mi .
The median household income for Fanwood, NJ 07023 is $178,311, with 2,670 households and an average household size of 2.86.
The median value of a home in Fanwood, NJ 07023 is $569,200 with an appreciation rate of 13.90%. 87.74% of housing in the state is owned while 10.28% is rented.
The cost of living in Fanwood, NJ 07023 is 162.4 %.
The unemployment rate in Fanwood, NJ 07023 is 3.30%, and recent job growth is at 2.95%. Future job growth is projected at 46.41%.
The sales tax rate in Fanwood, NJ 07023 is 6.63%, while the income tax rate is 5.53% .
School expenditures in Fanwood, NJ 07023 are $23,387, and the school ratio is 12.8:1.
The average high temperature in July is 86.4 degrees, with an average low temperature in January of 22.2 degrees. The average rainfall is approximately 49.9 inches per year, with 23.5 inches of snow per year.