Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 42.9 yrs |
|---|---|
| Avg HH Size | 2.50 |
| Below Poverty | 2.7% ▼ 73% below avg |
| College Grads | 69.4% ▲ 79% above avg |
| Unemployment | 3.4% ▼ 31% below avg |
| No HS Diploma | 110 (0.7%) |
| HS Graduate | 2,976 (18.1%) |
| Some College | 819 (5%) |
| Associates | 1,111 (6.8%) |
| Bachelors | 700 (4.3%) |
| Graduate Degree | 10,696 (65.2%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $148,629 ▲ 95% above avg |
|---|---|
| Median Home Value | $635,800 ▲ 128% above avg |
| Home/Income Ratio | 4.3x (nat avg ~3.5x) |
| Median Rent | $2,116/mo |
| Total Housing Units | 9,619 |
| Vacant Units | 209 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Cranford is a city in New Jersey, located in Union County. The city spans 1 ZIP code and is home to approximately 23,841 residents. It is a middle-aged city, with a median age of 42.9 years.
Economically, Cranford is a upper-middle-income community. The median household income of $148,629 is significantly above the national average. Approximately 2.7% of residents live below the poverty line. The unemployment rate is 3.4%, below the national average.
The real estate market in Cranford is a premium housing market. Median home values stand at $635,800, which is more than double the national average. Renters typically pay around $2,116 per month. Homeownership is high at 78.4%, typical of suburban and family-oriented communities.
The population of Cranford is highly educated. 69.4% of adults hold a bachelor's degree or higher — significantly above the national average. The community is primarily White (84.57%).
Cranford, NJ offers residents above-average earning potential within New Jersey.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 07016 | 23,841 | $148,629 | $635,800 | $2,116 | 3.4% | 69.4% | 78.4% |