Cedar Knolls, New Jersey Demographics & Population 2026
During the 2020–2024 ACS period, Cedar Knolls, New Jersey had a total population of 4,882, the 304th largest community in New Jersey, with a median household income of $170,400, which is 65% higher than the state average. The poverty rate is 2.2%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Household income is 65% above the state average — one of the wealthiest communities in New Jersey.
- An exceptionally low poverty rate of 2.2% — among the lowest in New Jersey.
- Near full employment with an unemployment rate of just 0.8%.
Cedar Knolls Quick Facts
How Cedar Knolls Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 4,754 | 4,882 | +2.7% |
| Median household income | $166,077 | $170,400 | +2.6% |
| Median home value | $610,100 | $646,700 | +6.0% |
How Cedar Knolls Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
Moderate diversity with one or two groups making up the majority.
State average: 66 | National average: 61
Education
Educational Attainment (Adults 25+)
Cedar Knolls Rankings in New Jersey
Explore New Jersey Rankings
Other Cities in Morris County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Parsippany | 21,345 | $99,405 | 6.7% | $555,400 |
| Morristown | 20,453 | $121,340 | 7.8% | $567,600 |
| Dover | 18,563 | $73,737 | 14.2% | $366,700 |
| Madison | 16,447 | $171,471 | 3.2% | $943,200 |
| Florham Park | 13,564 | $158,696 | 8.7% | $791,400 |
| Lake Hiawatha | 11,018 | $104,663 | 3.4% | $428,600 |
| Pompton Plains | 10,971 | $117,959 | 5.6% | $539,000 |
| Lincoln Park | 10,957 | $123,397 | 2.9% | $443,300 |
| Budd Lake | 10,650 | $114,154 | 4.6% | $456,100 |
| Lake Hopatcong | 10,259 | $117,625 | 4.0% | $424,200 |
Cities Similar to Cedar Knolls
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Brielle | 4,956 | $172,250 | $849,100 | 66.8% | 1.3% |
| Harrington Park | 4,954 | $180,500 | $776,900 | 73.1% | 6.8% |
| Barclay | 4,607 | $163,365 | $466,200 | 71.4% | 7.6% |
| East Freehold | 5,096 | $189,219 | $645,900 | 62.5% | 4.7% |
| Troy Hills | 5,179 | $183,707 | $650,500 | 63.5% | 6.0% |
Population Overview
Cedar Knolls is a small community located in New Jersey, within Morris County. The total population is 4,882. It ranks as the 304th most populous out of 700 Census-designated places in New Jersey.
Age Demographics
The median age in Cedar Knolls is 42.0 years. This is 5% higher than the state median of 40.1 years.
Economy, Income & Housing
The median household income in Cedar Knolls is $170,400. This is 65% higher than the state median of $103,556. It is also 111% higher than the national median of $80,734. The poverty rate stands at 2.2%. This is 77% lower than the state poverty rate of 9.7%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 0.8%. This is 87% lower than the state rate of 6.3%. The median home value is $646,700. Housing costs are 42% higher than the state median of $454,400. The home-value-to-income ratio is 3.8x. 58.9% of occupied housing units are owner-occupied. This homeownership rate is 8% lower than the state average of 63.8%.
Race & Ethnicity
The largest racial or ethnic group in Cedar Knolls is White (non-Hispanic), making up 65.6% of the population. Asian residents account for 19.0%. The Black or African American population (0.2%) is well below the state average of 12.2%. The Asian population is significantly higher than the state average (19.0% vs 10.1%).
Education
54.9% of residents aged 25 and older hold a bachelor's degree or higher. This is 26% higher than the state rate of 43.6%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 91.0%. Notably, 24.5% of adults hold a graduate or professional degree, indicating a highly educated workforce.
Data Sources & Methodology
All demographic data for Cedar Knolls, New Jersey is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. 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. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
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Frequently Asked Questions
What is the population of Cedar Knolls, New Jersey?
Cedar Knolls, New Jersey has a population of 4,882 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Cedar Knolls, NJ?
The median household income in Cedar Knolls is $170,400, which is 111% higher than the national median of $80,734.
What is the poverty rate in Cedar Knolls, NJ?
The poverty rate in Cedar Knolls is 2.2%. This means approximately 109 residents live below the federal poverty line.
What is the racial makeup of Cedar Knolls, New Jersey?
Cedar Knolls's population is 65.6% White, 0.2% Black, 13.7% Hispanic/Latino, and 19.0% Asian.
What is the median home value in Cedar Knolls, NJ?
The median home value in Cedar Knolls is $646,700. The home-value-to-income ratio is 3.8x.
How educated is Cedar Knolls, New Jersey?
54.9% of adults (25+) in Cedar Knolls hold a bachelor's degree or higher, and 24.5% hold a graduate or professional degree.