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Caldwell borough, New Jersey Demographics & Population 2026

As of 2026, Caldwell borough, New Jersey has a total population of 8,898, the 181st largest city in New Jersey, with a median household income of $101,196, which is about average than the state average. The poverty rate is 5.9%.

Caldwell borough Quick Facts

Population 8,898
Median Household Income $101,196
Median Home Value $563,000
Poverty Rate 5.9%
Unemployment Rate 4.0%
Median Age 38.5 years
Homeownership Rate 45.4%
Affordability Ratio 5.6x
Bachelor's Degree or Higher 58.3%
High School Graduation Rate 96.8%
Diversity Index 52/100
Population 8,898 181st of 700
Median Income $101,196 average
Poverty Rate 5.9% 53% lower national
Median Home Value $563,000 top 30%

How Caldwell borough Compares

Economy & Housing

Employment

4.0% Unemployment Rate State: 6.2% | National: 5.2%
70.0% Labor Force Participation

Housing Overview

Owner 45.4%
Renter 54.6%
Affordability Index Expensive
5.6x home value to income ratio

People & Demographics

Diversity Index

52out of 100
Moderate Diversity

Moderate diversity with one or two groups making up the majority.

State average: 65 | National average: 60

Education

Caldwell borough Rankings in New Jersey

#181 Population of 700
#374 Median Income of 700
#186 Education of 700
#177 Home Value of 700

Other Cities in Essex County

CityPopulationMedian IncomePovertyHome Value
Newark city 307,188 $48,416 24.7% $337,800
East Orange city 69,183 $59,872 17.6% $315,500
Glen Ridge borough 7,827 $248,016 1.0% $730,600
North Caldwell borough 6,622 $203,140 1.8% $906,100
Roseland borough 6,211 $160,644 2.3% $640,600
Essex Fells borough 2,320 $250,001 0.4% $976,300

Cities Similar to Caldwell borough

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Boonton town8,803$100,417$475,30048.6%7.5%
Pitman borough8,834$96,199$258,40043.3%4.6%
Haledon borough8,936$94,178$347,70023.3%9.3%
Bogota borough9,110$107,321$443,40034.3%5.6%
Clayton borough8,867$89,375$244,80021.6%7.0%

Population Overview

Caldwell borough is a small city located in New Jersey, within Essex County. The total population is 8,898. It ranks as the 181st most populous out of 700 cities and towns in New Jersey.

Age Demographics

The median age in Caldwell borough is 38.5 years. This is 4% lower than the state median of 40.1 years.

Economy, Income & Housing

The median household income in Caldwell borough is $101,196. This is about average than the state median of $101,050. Compared to the national median of $78,538, household income here is 29% higher. The poverty rate stands at 5.9%. This is 40% lower than the state poverty rate of 9.8%. The unemployment rate is 4.0%. This is 34% lower than the state rate of 6.2%. The median home value is $563,000. Housing costs are 32% higher than the state median of $427,600. The home-value-to-income ratio is 5.6x. 45.4% of occupied housing units are owner-occupied. This homeownership rate is 29% lower than the state average of 63.7%.

Race & Ethnicity

The largest racial or ethnic group in Caldwell borough is White (non-Hispanic), making up 66.8% of the population. Hispanic or Latino residents account for 14.0%. The Black or African American population (4.7%) is well below the state average of 12.3%.

Education

58.3% of residents aged 25 and older hold a bachelor's degree or higher. This is 36% higher than the state rate of 42.9%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 96.8%. Notably, 26.9% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Caldwell borough, New Jersey is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against New Jersey state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 700 Census-designated places in New Jersey. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Caldwell borough, New Jersey?

Caldwell borough, New Jersey has a population of 8,898 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Caldwell borough, NJ?

The median household income in Caldwell borough is $101,196, which is 29% higher the national median of $78,538.

What is the poverty rate in Caldwell borough, NJ?

The poverty rate in Caldwell borough is 5.9%. This means approximately 488 residents live below the federal poverty line.

What is the racial makeup of Caldwell borough, New Jersey?

Caldwell borough's population is 66.8% White, 4.7% Black, 14.0% Hispanic/Latino, and 12.6% Asian.

What is the median home value in Caldwell borough, NJ?

The median home value in Caldwell borough is $563,000. The home-value-to-income ratio is 5.6x.

How educated is Caldwell borough, New Jersey?

58.3% of adults (25+) in Caldwell borough hold a bachelor's degree or higher, and 26.9% hold a graduate or professional degree.