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Demarest, NJ&

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Population
5,004
1.52% growth
Median Age
45
Median Household Income
$163,571
11.9% growth
Poverty Rate
2.02%
Number of Employees
2,328
1.66% growth
Median Property Value
$675,600
-0.97% decline

Economy

The economy of Demarest, NJ employs 2,328 people. The economy of Demarest, NJ is specialized in Wholesale trade; Finance & Insurance; and Professional, Scientific, Tech Services, which employ respectively 2.61; 2.09; and 2.03 times more people than what would be expected in a location of this size. The largest industries in Demarest, NJ are Professional, Scientific, Tech Services (331), Healthcare & Social Assistance (329), and Manufacturing (243), and the highest paying industries are Accommodation & Food Service ($132,750), Finance & Insurance ($125,313), and Healthcare & Social Assistance ($103,929).

Median household income in Demarest, NJ is $163,571. Males in Demarest, NJ have an average income that is 2.02 times higher than the average income of females, which is $75,561. The income inequality of Demarest, NJ (measured using the Gini index) is 0.516 which is higher than the national average.

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Health & Safety

Insurance and Medicare coverage combined with state and county level health and safety statistics for Demarest, NJ. In Bergen County, NJ the age groups most likely to have health care coverage are 6-17 and 45-54, men and women, respectively. The location has a 1 to 124 primary care clinician to patient ratio and a Medicare reimbursement average per patient per year of $10,636. Essex County, NJ has the highest prevalence of homicides of any county in New Jersey.

Coverage

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Showing data across all counties in New Jersey.

Insurance Coverage by Age and Gender

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Diversity

Demarest, NJ is home to a population of 5,004 people, from which 87% are citizens. The ethnic composition of the population of Demarest, NJ is composed of 3,207 White residents (64.1%), 1,405 Asian residents (28.1%), 356 Hispanic residents (7.11%), 25 Two+ residents (0.5%), and 11 Black residents (0.22%). The most common foreign languages in Demarest, NJ are Korean (890 speakers), Chinese (241 speakers), and Hebrew (169 speakers), but compared to other places, Demarest, NJ has a relative high number of Korean (890 speakers), Hebrew (169 speakers), and Greek (65 speakers).

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Education

In 2015 universities in New York-Newark-Jersey City, NY-NJ-PA Metro Area awarded 278,885 degrees. The student population of New York-Newark-Jersey City, NY-NJ-PA Metro Area is skewed towards females, with 109,502 male students and 169,383 female students. Most students in New York-Newark-Jersey City, NY-NJ-PA Metro Area are White (111,548 and 40%), followed by Hispanic or Latino (49,274 and 17.7%), Black or African American (40,570 and 14.5%), and Asian (27,561 and 9.9%). The largest universities in New York-Newark-Jersey City, NY-NJ-PA Metro Area by number of graduates are New York University (16,286 and 5.84%), Columbia University in the City of New York (12,510 and 4.49%), and Rutgers University-New Brunswick (11,798 and 4.23%). The most popular majors in New York-Newark-Jersey City, NY-NJ-PA Metro Area are General Psychology (8,908 and 3.19%), General Business Administration & Management (6,740 and 2.42%), and Registered Nursing (5,077 and 1.82%). The median tuition costs in New York-Newark-Jersey City, NY-NJ-PA Metro Area are $37,603 for private four year colleges, and $6,470 and $14,167 respectively, for public four year colleges for in-state students and out-of-state students.

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Housing & Living

The median property value in Demarest, NJ is $675,600, which is 3.47 times larger than the national average of $194,500. Between 2014 and 2015 the median property value decreased from $682,200 to $675,600, a -0.97% increase. The homeownership rate of Demarest, NJ is 90.6%, which is higher than the national average of 63.9%. People in Demarest, NJ have an average commute time of 35.3 minutes, and they commute by Drove Alone. Car ownership in Demarest, NJ is approximately the same as the national average, with an average of 2 cars per household.

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United States
nation
New Jersey
state
Bergen County, NJ
county
New York-Newark-Jersey City, NY-NJ-PA Metro Area
metropolitan statistical area
Bergen County (East)--Tenafly, Park Ridge & Cresskill Boroughs PUMA
public use microdata area
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