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Garwood, New Jersey Demographics & Population 2026

During the 2020–2024 ACS period, Garwood, New Jersey had a total population of 4,885, the 303rd largest borough in New Jersey, with a median household income of $110,670, which is 7% higher than the state average. The poverty rate is 10.0%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Garwood Quick Facts

Population 4,885
Median Household Income $110,670
Median Home Value $533,300
Poverty Rate 10.0%
Unemployment Rate 7.1%
Median Age 42.3 years
Homeownership Rate 54.4%
Affordability Ratio 4.8x
Bachelor's Degree or Higher 45.2%
High School Graduation Rate 96.8%
Diversity Index 55/100
Population 4,885 303rd of 700
Median Income $110,670 average
Poverty Rate 10.0% 20% lower than national
Median Home Value $533,300 above average

How Garwood Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population4,6884,885+4.2%
Median household income$100,948$110,670+9.6%
Median home value$509,800$533,300+4.6%

How Garwood Compares

Economy & Housing

Household Income Distribution

Under $25K 9.4%
$25K-$50K 15.1%
$50K-$100K 22.4%
$100K+ 53.1%
Detailed income brackets
Under $10K
2.8%
$10K-$15K
1.7%
$15K-$20K
0.9%
$20K-$25K
4.0%
$25K-$30K
5.2%
$30K-$35K
3.9%
$35K-$40K
0.5%
$40K-$45K
1.7%
$45K-$50K
3.8%
$50K-$60K
1.0%
$60K-$75K
10.7%
$75K-$100K
10.7%
$100K-$125K
8.3%
$125K-$150K
7.7%
$150K-$200K
15.0%
$200K+
22.2%

Employment

7.1% Unemployment Rate State: 6.3%|National: 5.2%
73.6% Labor Force Participation

Housing Overview

Owner 54.4%
Renter 45.6%
Affordability Index Moderate
4.8x home value to income ratio
Median gross rent $1,753/mo 19.0% of median household income annually

People & Demographics

Diversity Index

55out of 100
High Diversity

A diverse community with significant representation from multiple racial and ethnic groups.

State average: 66 | National average: 61

Education

Garwood Rankings in New Jersey

#303 Population of 700
#311 Median Income of 662
#322 Education of 699
#217 Home Value of 678

Other Cities in Union County

CityPopulationMedian IncomePovertyHome Value
Elizabeth 137,302 $66,555 15.8% $449,300
Plainfield 55,236 $85,908 15.5% $410,800
Linden 44,192 $92,915 9.6% $419,700
Westfield 31,111 $232,629 1.8% $953,400
Rahway 30,109 $91,461 9.5% $386,400
Summit 22,705 $190,304 5.5% $994,500
Roselle 22,646 $92,762 9.5% $379,900
Roselle Park 14,093 $109,679 6.6% $443,200
New Providence 13,727 $161,599 2.1% $769,900
Kenilworth 8,401 $118,611 6.3% $522,200

Cities Similar to Garwood

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
South Bound Brook4,867$112,961$359,00023.8%13.1%
Spring Lake Heights4,861$106,758$721,10062.6%4.3%
Beckett5,017$115,363$313,40051.2%8.7%
Northvale4,829$127,625$592,40052.0%4.7%
Beach Haven West5,120$119,394$641,70043.1%3.4%

Population Overview

Garwood is a small community located in New Jersey, within Union County. The total population is 4,885. It ranks as the 303rd most populous out of 700 Census-designated places in New Jersey.

Age Demographics

The median age in Garwood is 42.3 years. This is 5% higher than the state median of 40.1 years. 10.1% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Garwood is $110,670. This is 7% higher than the state median of $103,556. It is also 37% higher than the national median of $80,734. The poverty rate stands at 10.0%. This is 2% higher than the state poverty rate of 9.7%. The unemployment rate is 7.1%. This is 13% higher than the state rate of 6.3%. The median home value is $533,300. Housing costs are 17% higher than the state median of $454,400. The home-value-to-income ratio is 4.8x. 54.4% of occupied housing units are owner-occupied. This homeownership rate is 15% lower than the state average of 63.8%.

Race & Ethnicity

The largest racial or ethnic group in Garwood is White (non-Hispanic), making up 63.3% of the population. Hispanic or Latino residents account for 21.2%. The Black or African American population (0.3%) is well below the state average of 12.2%. The Asian population (4.5%) is well below the state average of 10.1%.

Education

45.2% of residents aged 25 and older hold a bachelor's degree or higher. This is 4% 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 96.8%. Notably, 15.2% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Garwood, 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 Garwood, New Jersey?

Garwood, New Jersey has a population of 4,885 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Garwood, NJ?

The median household income in Garwood is $110,670, which is 37% higher than the national median of $80,734.

What is the poverty rate in Garwood, NJ?

The poverty rate in Garwood is 10.0%. This means approximately 486 residents live below the federal poverty line.

What is the racial makeup of Garwood, New Jersey?

Garwood's population is 63.3% White, 0.3% Black, 21.2% Hispanic/Latino, and 4.5% Asian.

What is the median home value in Garwood, NJ?

The median home value in Garwood is $533,300. The home-value-to-income ratio is 4.8x.

How educated is Garwood, New Jersey?

45.2% of adults (25+) in Garwood hold a bachelor's degree or higher, and 15.2% hold a graduate or professional degree.