Richwood CDP, New Jersey Demographics & Population 2026

Population Overview

Richwood CDP is a small community located in New Jersey. The total population is 3,453. It ranks as the 362nd most populous out of 700 cities and towns in New Jersey.

Age Demographics

The median age in Richwood CDP is 39.0 years. This is 3% lower than the state median of 40.1 years.

Economy, Income & Housing

The median household income in Richwood CDP is $206,685. This is 105% higher than the state median of $101,050. Compared to the national median of $78,538, household income here is 163% higher. The poverty rate stands at 4.2%. This is 57% lower than the state poverty rate of 9.8%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 4.5%. This is 27% lower than the state rate of 6.2%. The median home value is $566,000. Housing costs are 32% higher than the state median of $427,600. With a home-value-to-income ratio of just 2.7x, Richwood CDP is one of the most affordable housing markets in the area. 95.5% of occupied housing units are owner-occupied. This homeownership rate is 50% higher than the state average of 63.7%.

Race & Ethnicity

Richwood CDP has a predominantly White (non-Hispanic) population, comprising 93.1% of all residents. Hispanic or Latino residents account for 4.0%. The White (non-Hispanic) population is significantly higher than the state average (93.1% vs 51.9%). The Hispanic or Latino population (4.0%) is well below the state average of 21.9%.

Education

67.5% of residents aged 25 and older hold a bachelor's degree or higher. This is 57% 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 98.3%. Notably, 28.0% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Richwood CDP, 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.