The median household income in Garwood, NJ in 2022 was $111,259, which was 13.4% greater than the median annual income of $96,346 across the entire state of New Jersey. Compared to the median income of $52,571 in 2000 this represents an increase of 52.7%. The per capita income in 2022 was $58,317, which means an increase of 53.8% compared to 2000 when it was $26,944.
Whole page based on the data from 2000 / 2022 when the population of Garwood, New Jersey was 4,153 / 4,524
Income statistics for all residents
Median household income in Garwood, NJ in 2022:
Garwood:
$111,260
State:
$96,346
Change in median household income between 2000 and 2022:
Garwood, New Jersey:
+111.6%
State:
+74.7%
Number of households with income < $10k:
Garwood:
1.2% (23)
State:
4.4% (155,271)
Number of households with income $10k - 20k:
Garwood:
5.3% (103)
New Jersey:
5.4% (189,888)
Number of households with income $20k - 30k:
Garwood:
8.6% (168)
State:
5.2% (183,402)
Number of households with income $30k - 40k:
Garwood:
2.0% (40)
State:
5.9% (206,969)
Number of households with income $40k - 50k:
Garwood:
6.2% (122)
New Jersey:
5.2% (184,153)
Number of households with income $50k - 60k:
Garwood:
5.1% (100)
State:
5.6% (197,270)
Number of households with income $60k - 75k:
Garwood:
8.6% (169)
New Jersey:
8.1% (284,245)
Number of households with income $75k - 100k:
Garwood:
11.4% (223)
State:
11.6% (408,272)
Number of households with income $100k - 125k:
Garwood:
7.0% (137)
State:
10.1% (354,738)
Number of households with income $125k - 150k:
Garwood:
11.6% (226)
New Jersey:
8.0% (281,341)
Number of households with income $150k - 200k:
Garwood:
16.5% (323)
New Jersey:
11.5% (404,977)
Number of households with income > $200k:
Garwood:
16.4% (321)
State:
18.9% (666,452)
Aggregate household income in Garwood in 2022: $265,212,987
Median family income in Garwood in 2022:
Garwood:
$144,266
State:
$117,988
Number of families with income < $10k:
Garwood:
0.4% (5)
State:
2.2% (53,316)
Number of families with income $10k - 20k:
Garwood:
1.1% (13)
New Jersey:
3.2% (74,986)
Number of families with income $30k - 40k:
Garwood:
1.8% (20)
State:
4.6% (109,787)
Number of families with income $40k - 50k:
Garwood:
3.7% (42)
State:
4.5% (107,202)
Number of families with income $50k - 60k:
Garwood:
2.3% (26)
State:
4.8% (114,765)
Number of families with income $60k - 75k:
Garwood:
8.2% (95)
New Jersey:
7.5% (179,372)
Number of families with income $75k - 100k:
Garwood:
10.9% (126)
State:
11.5% (274,497)
Number of families with income $100k - 125k:
Garwood:
11.4% (132)
State:
10.9% (260,033)
Number of families with income $125k - 150k:
Garwood:
14.1% (163)
New Jersey:
9.0% (214,872)
Number of families with income $150k - 200k:
Garwood:
23.6% (272)
State:
13.8% (328,605)
Number of families with income > $200k:
Garwood:
22.5% (260)
State:
24.3% (578,135)
Median non-family income in Garwood in 2022:
Garwood:
$54,344
State:
$54,589
Change in median non-family income between 2000 and 2022:
Garwood, New Jersey:
+79.8%
New Jersey:
+74.4%
Median per capita income in Garwood in 2022:
Garwood:
$58,317
State:
$51,272
Change in median per capita income between 2000 and 2022:
Garwood, New Jersey:
+116.4%
New Jersey:
+89.9%
Income statistics for White residents
Median household income in Garwood, NJ in 2022:
Garwood:
$103,470
State:
$105,428
Change in median household income between 2000 and 2022:
Garwood, New Jersey:
+98.3%
New Jersey:
+78.2%
Number of households with income < $10k:
Garwood:
0.3% (4)
State:
3.5% (73,676)
Number of households with income $10k - 20k:
Garwood:
4.9% (69)
State:
4.3% (90,086)
Number of households with income $20k - 30k:
Garwood:
7.9% (111)
State:
4.7% (99,511)
Number of households with income $30k - 40k:
Garwood:
2.8% (39)
State:
5.2% (109,051)
Number of households with income $40k - 50k:
Garwood:
5.2% (73)
New Jersey:
4.9% (101,931)
Number of households with income $50k - 60k:
Garwood:
7.0% (99)
State:
5.4% (112,379)
Number of households with income $60k - 75k:
Garwood:
8.7% (122)
New Jersey:
7.7% (162,379)
Number of households with income $75k - 100k:
Garwood:
11.9% (168)
State:
11.6% (242,478)
Number of households with income $100k - 125k:
Garwood:
7.0% (99)
New Jersey:
10.4% (218,622)
Number of households with income $125k - 150k:
Garwood:
11.3% (159)
State:
8.5% (177,925)
Number of households with income $150k - 200k:
Garwood:
20.4% (287)
State:
12.5% (262,429)
Number of households with income > $200k:
Garwood:
12.6% (177)
State:
21.3% (446,393)
Aggregate household income in Garwood in 2022: $198,454,931
Median family income in Garwood in 2022:
Garwood:
$154,250
State:
$133,117
Number of families with income < $10k:
Garwood:
0.8% (7)
State:
1.5% (21,094)
Number of families with income $30k - 40k:
Garwood:
2.1% (17)
State:
3.2% (43,969)
Number of families with income $40k - 50k:
Garwood:
1.7% (14)
State:
3.5% (48,685)
Number of families with income $50k - 60k:
Garwood:
2.8% (22)
New Jersey:
4.1% (57,095)
Number of families with income $60k - 75k:
Garwood:
9.0% (71)
State:
6.7% (92,267)
Number of families with income $75k - 100k:
Garwood:
11.9% (94)
State:
11.5% (158,630)
Number of families with income $100k - 125k:
Garwood:
10.8% (86)
State:
11.5% (158,059)
Number of families with income $125k - 150k:
Garwood:
14.3% (114)
State:
9.8% (134,575)
Number of families with income $150k - 200k:
Garwood:
30.2% (240)
State:
15.5% (212,728)
Number of families with income > $200k:
Garwood:
16.4% (130)
New Jersey:
28.3% (389,541)
Median non-family income in Garwood in 2022:
Garwood:
$53,620
State:
$58,680
Change in median non-family income between 2000 and 2022:
Garwood, New Jersey:
+78.1%
State:
+81.6%
Median per capita income in Garwood in 2022:
Garwood:
$63,452
State:
$61,044
Change in median per capita income between 2000 and 2022:
Garwood, New Jersey:
+131.6%
New Jersey:
+101.8%
Income statistics for Asian residents
Number of households with income < $10k:
Garwood:
40.0% (18)
New Jersey:
3.8% (12,441)
Number of households with income $10k - 20k:
Garwood:
24.4% (11)
State:
3.1% (9,957)
Number of households with income $20k - 30k:
Garwood:
0.0% (0)
State:
3.1% (10,104)
Number of households with income $30k - 40k:
Garwood:
0.0% (0)
New Jersey:
3.6% (11,819)
Number of households with income $40k - 50k:
Garwood:
0.0% (0)
New Jersey:
2.6% (8,334)
Number of households with income $50k - 60k:
Garwood:
0.0% (0)
New Jersey:
3.6% (11,799)
Number of households with income $60k - 75k:
Garwood:
0.0% (0)
State:
5.4% (17,671)
Number of households with income $75k - 100k:
Garwood:
0.0% (0)
New Jersey:
9.0% (29,301)
Number of households with income $100k - 125k:
Garwood:
0.0% (0)
State:
9.6% (31,368)
Number of households with income $125k - 150k:
Garwood:
6.7% (3)
State:
8.1% (26,318)
Number of households with income $150k - 200k:
Garwood:
17.8% (8)
State:
14.3% (46,703)
Number of households with income > $200k:
Garwood:
11.1% (5)
State:
33.8% (110,048)
Aggregate household income in Garwood in 2022: $4,522,121
Median per capita income in Garwood in 2022:
Garwood:
$43,437
New Jersey:
$62,411
Change in median per capita income between 2000 and 2022:
Garwood, New Jersey:
+146.0%
State:
+126.3%
Income statistics for Hispanic or Latino residents
Median household income in Garwood, NJ in 2022:
Garwood:
$146,323
State:
$72,170
Number of households with income < $10k:
Garwood:
1.9% (6)
New Jersey:
4.6% (29,004)
Number of households with income $10k - 20k:
Garwood:
0.0% (0)
State:
7.9% (50,233)
Number of households with income $20k - 30k:
Garwood:
15.6% (48)
New Jersey:
6.7% (42,724)
Number of households with income $30k - 40k:
Garwood:
0.0% (0)
State:
8.3% (52,621)
Number of households with income $40k - 50k:
Garwood:
8.1% (25)
New Jersey:
6.6% (41,539)
Number of households with income $50k - 60k:
Garwood:
0.0% (0)
New Jersey:
6.9% (43,976)
Number of households with income $60k - 75k:
Garwood:
4.5% (14)
State:
10.4% (66,157)
Number of households with income $75k - 100k:
Garwood:
1.0% (3)
New Jersey:
12.7% (80,102)
Number of households with income $100k - 125k:
Garwood:
4.2% (13)
State:
10.1% (63,832)
Number of households with income $125k - 150k:
Garwood:
13.6% (42)
State:
7.6% (47,874)
Number of households with income $150k - 200k:
Garwood:
6.2% (19)
State:
8.3% (52,287)
Number of households with income > $200k:
Garwood:
44.8% (138)
New Jersey:
9.9% (62,842)
Aggregate household income in Garwood in 2022: $44,360,012
Median family income in Garwood in 2022:
Garwood:
$226,142
State:
$77,272
Number of families with income $40k - 50k:
Garwood:
10.7% (24)
State:
7.2% (33,778)
Number of families with income $100k - 125k:
Garwood:
5.7% (13)
New Jersey:
10.9% (51,355)
Number of families with income $125k - 150k:
Garwood:
13.9% (31)
State:
7.5% (35,076)
Number of families with income $150k - 200k:
Garwood:
9.9% (22)
New Jersey:
8.7% (40,972)
Number of families with income > $200k:
Garwood:
59.7% (134)
State:
10.9% (51,269)
Median per capita income in Garwood in 2022:
Garwood:
$45,216
State:
$30,987
Change in median per capita income between 2000 and 2022:
Garwood, New Jersey:
+71.3%
State:
+109.3%
Income statistics for Multirace residents
Number of households with income < $10k:
Garwood:
0.0% (0)
State:
4.4% (15,172)
Number of households with income $10k - 20k:
Garwood:
0.0% (0)
State:
7.1% (24,399)
Number of households with income $20k - 30k:
Garwood:
45.7% (53)
New Jersey:
5.8% (19,827)
Number of households with income $30k - 40k:
Garwood:
0.0% (0)
New Jersey:
6.7% (23,047)
Number of households with income $40k - 50k:
Garwood:
0.0% (0)
State:
5.9% (20,379)
Number of households with income $50k - 60k:
Garwood:
0.0% (0)
New Jersey:
5.8% (19,984)
Number of households with income $60k - 75k:
Garwood:
0.0% (0)
New Jersey:
9.4% (32,244)
Number of households with income $75k - 100k:
Garwood:
0.0% (0)
State:
12.8% (43,746)
Number of households with income $100k - 125k:
Garwood:
19.8% (23)
State:
10.4% (35,588)
Number of households with income $125k - 150k:
Garwood:
0.0% (0)
State:
7.7% (26,354)
Number of households with income $150k - 200k:
Garwood:
0.0% (0)
State:
9.9% (33,977)
Number of households with income > $200k:
Garwood:
34.5% (40)
New Jersey:
14.1% (48,377)
Aggregate household income in Garwood in 2022: $16,467,038
Median per capita income in Garwood in 2022:
Garwood:
$50,168
New Jersey:
$36,016
Income statistics for other residents
Median household income in Garwood, NJ in 2022:
Garwood:
$229,695
State:
$67,237
Number of households with income < $10k:
Garwood:
2.6% (6)
State:
4.7% (13,969)
Number of households with income $10k - 20k:
Garwood:
0.0% (0)
New Jersey:
8.9% (26,341)
Number of households with income $20k - 30k:
Garwood:
0.0% (0)
New Jersey:
7.1% (21,158)
Number of households with income $30k - 40k:
Garwood:
0.0% (0)
State:
9.6% (28,479)
Number of households with income $40k - 50k:
Garwood:
10.6% (24)
State:
6.6% (19,415)
Number of households with income $50k - 60k:
Garwood:
0.0% (0)
State:
7.5% (22,348)
Number of households with income $60k - 75k:
Garwood:
6.6% (15)
New Jersey:
10.5% (31,179)
Number of households with income $75k - 100k:
Garwood:
0.0% (0)
State:
13.3% (39,515)
Number of households with income $100k - 125k:
Garwood:
0.0% (0)
State:
9.4% (27,806)
Number of households with income $125k - 150k:
Garwood:
25.6% (58)
State:
7.1% (20,898)
Number of households with income $150k - 200k:
Garwood:
0.0% (0)
New Jersey:
7.8% (23,101)
Number of households with income > $200k:
Garwood:
54.6% (124)
New Jersey:
7.4% (21,791)
Aggregate household income in Garwood in 2022: $36,259,144
Median family income in Garwood in 2022:
Garwood:
$216,727
State:
$69,615
Number of families with income $40k - 50k:
Garwood:
11.6% (26)
New Jersey:
7.0% (16,202)
Number of families with income $125k - 150k:
Garwood:
23.9% (53)
State:
7.0% (16,131)
Number of families with income > $200k:
Garwood:
64.5% (142)
New Jersey:
7.5% (17,470)
Median non-family income in Garwood in 2022:
Garwood:
$61,179
State:
$34,676
Median per capita income in Garwood in 2022:
Garwood:
$49,647
State:
$27,830
Change in median per capita income between 2000 and 2022:
Garwood, New Jersey:
+96.5%
New Jersey:
+117.5%
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