Fanwood, NJ

Census Place

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2024 Population
7,799
US Senator
Cory Booker
Democratic Party
US Senator
Andy Kim
Democratic Party
2024 Median Age
43.4
2.36% 1-year increase
2024 Poverty Rate
0.954%
30.5% 1-year decrease
2024 Median Household Income
$195,529
10.7% 1-year growth
2024 Median Property Value
$635,200
4.03% 1-year growth
2024 Employed Population
4,150
0.312% 1-year decline

About

None of the households in Fanwood, NJ reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.

96.5% of the residents in Fanwood, NJ are U.S. citizens.

In 2024, the median property value in Fanwood, NJ was $635,200, and the homeownership rate was 84.9%.

Most people in Fanwood, NJ drove alone to work, and the average commute time was 41.6 minutes. The average car ownership in Fanwood, NJ was 2 cars per household.

Population & Diversity

Fanwood, NJ is home to a population of 7.8k people, from which 96.5% are citizens. As of 2024, 16% of Fanwood, NJ residents were born outside of the country (1.24k people).

In 2024, there were 10.1 times more White (Non-Hispanic) residents (5.41k people) in Fanwood, NJ than any other race or ethnicity. There were 536 Asian (Non-Hispanic) and 532 Two Races Excluding Other, & Three or More Races (Non-Hispanic) residents, the second and third most common ethnic groups.

Citizenship

96.5%
2024 Citizenship
94%
2023 Citizenship

As of 2024, 96.5% of Fanwood, NJ residents were US citizens, which is higher than the national average of 93.2%. In 2023, the percentage of US citizens in Fanwood, NJ was 94%, meaning that the rate of citizenship has been increasing.

The following chart shows US citizenship percentages in Fanwood, NJ compared to that of it's neighboring and parent geographies.

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Race and Ethnicity

The 3 largest ethnic groups in Fanwood, NJ
  1. White (Non-Hispanic)
    5.41k ± 538
  2. Asian (Non-Hispanic)
    536 ± 193
  3. Two Races Excluding Other, & Three or More Races (Non-Hispanic)
    532 ± 246
11.2%
Hispanic Population
877 people

In 2024, there were 10.1 times more White (Non-Hispanic) residents (5.41k people) in Fanwood, NJ than any other race or ethnicity. There were 536 Asian (Non-Hispanic) and 532 Two Races Excluding Other, & Three or More Races (Non-Hispanic) residents, the second and third most common ethnic groups.

11.2% of the people in Fanwood, NJ are hispanic (877 people).

The following chart shows the 8 races represented in Fanwood, NJ as a share of the total population.

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Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for New Jersey.
Most Common Origin
  1. India
    273,706 ± 12,653 people
  2. Dominican Republic
    205,965 ± 11,018 people
  3. Mexico
    107,667 ± 8,009 people

In 2023, the most common birthplace for the foreign-born residents of New Jersey was India, the natal country of 273,706 New Jersey residents, followed by Dominican Republic with 205,965 and Mexico with 107,667.

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Foreign-Born Population

16%
2024 Foreign-Born Population
1.24k people
17.6%
2023 Foreign-Born Population
1.36k people

As of 2024, 16% of Fanwood, NJ residents (1.24k people) were born outside of the United States, which is approximately the same as the national average of 14%. In 2023, the percentage of foreign-born citizens in Fanwood, NJ was 17.6%, meaning that the rate has been decreasing.

The following chart shows the percentage of foreign-born residents in Fanwood, NJ compared to that of it's neighboring and parent geographies.

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Veterans

Most Common Service Period
  1. Vietnam
    100 ± 79
  2. Korea
    28 ± 44
  3. World War II
    9 ± 16

Fanwood, NJ has a large population of military personnel who served in Vietnam, 3.57 times greater than any other conflict.

The chart shows the distribution of veterans by conflict in Fanwood, NJ.

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Economy

The economy of Fanwood, NJ employs 4.15k people. In 2024, the largest industries in Fanwood, NJ were Professional, Scientific, & Technical Services (880 people), Educational Services (599 people), and Finance & Insurance (519 people), and the highest paying industries were Construction ($188,488), Administrative & Support & Waste Management Services ($180,313), and Finance & Insurance ($160,268).

Occupations

4.15k
2024 Value
± 600
−0.312%
1 Year decline
± 20.6%

From 2023 to 2024, employment in Fanwood, NJ declined at a rate of −0.312%, from 4.16k employees to 4.15k employees.

The most common job groups, by number of people living in Fanwood, NJ, are Management Occupations (1,225 people), Business & Financial Operations Occupations (523 people), and Education Instruction, & Library Occupations (403 people). This chart illustrates the share breakdown of the primary jobs held by residents of Fanwood, NJ.

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Unemployment Insurance Claims

Data is only available at the state level. Showing data for New Jersey.

This chart shows weekly unemployment insurance claims in New Jersey (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

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Employment by Industries

4.15k
2024 Value
± 600
−0.312%
1 Year decline
± 20.6%

From 2023 to 2024, employment in Fanwood, NJ declined at a rate of −0.312%, from 4.16k employees to 4.15k employees.

The most common employment sectors for those who live in Fanwood, NJ, are Professional, Scientific, & Technical Services (880 people), Educational Services (599 people), and Finance & Insurance (519 people). This chart shows the share breakdown of the primary industries for residents of Fanwood, NJ, though some of these residents may live in Fanwood, NJ and work somewhere else. Census data is tagged to a residential address, not a work address.

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Median Earnings by Industry

$132,337
Median earning men ± $42,585
$95,087
Median earning women ± $27,007

The industries with the best median earnings for men in 2024 are Construction ($188,488), Finance & Insurance, & Real Estate & Rental & Leasing ($184,934), and Information ($162,794).

The industries with the best median earnings for women in 2024 are Finance & Insurance, & Real Estate & Rental & Leasing ($145,608), Professional, Scientific, & Management, & Administrative & Waste Management Services ($111,234), and Other Services Except Public Administration ($78,558).

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Employment by Industry Sector

Data is only available at the state level. Showing data for New Jersey.
Y-Axis
2.27%
Year-over-year growth
Employment change between February 2022 and February 2023

As of February 2023, there are 4.24M people employed in New Jersey. This represents a 2.27% increase in employment when compared to February 2022.

Right after the beginning of the COVID-19 pandemic, during April 2020, a general dip can be seen across industry sectors, resulting in an overall decline in employment by 16.5%.

The following chart shows monthly employment numbers for each industry sector in New Jersey.

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Housing & Living

The median property value in Fanwood, NJ was $635,200 in 2024, which is 1.91 times larger than the national average of $332,700. Between 2023 and 2024 the median property value increased from $610,600 to $635,200, a 4.03% increase. The homeownership rate in Fanwood, NJ is 84.9%, which is higher than the national average of 65.2%.

People in Fanwood, NJ have an average commute time of 41.6 minutes, and they drove alone to work. Car ownership in Fanwood, NJ is approximately the same as the national average, with an average of 2 cars per household.

Property

$635,200
Median Property Value 2024
±$38,290
$2,408
Median Property Taxes
±$301

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Fanwood, NJ the largest share of households pay taxes in the $3k+ range.

The chart underneath the paragraph shows the property taxes in Fanwood, NJ compared to it's parent and neighbor geographies.

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Rent vs Own

84.9%
Homeownership
2024
60.1%
Homeowners with Mortgage
2024

In 2024, 84.9% of the housing units in Fanwood, NJ were occupied by their owner. This percentage declined from the previous year's rate of 86.5%.

This chart shows the percentage of owner in Fanwood, NJ compared it's parent and neighboring geographies.

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Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.
$195,529
Median Household Income
± $40,950
2.84k
Number of Households
± 398

In 2024, the median household income of the 2.84k households in Fanwood, NJ grew to $195,529 from the previous year's value of $176,667.

The following chart displays the households in Fanwood, NJ distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $200k+ range.

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Wage Distribution

The closest comparable wage GINI for Fanwood, NJ is from New Jersey.
0.486
2023 Wage GINI in New Jersey
0.489
2022 Wage GINI in New Jersey

In 2023, the income inequality in New Jersey was 0.486 according to the GINI calculation of the wage distribution. Income inequality had a 0.709% decline from 2022 to 2023, which means that wage distribution grew somewhat more even. The GINI for New Jersey was higher than than the national average of 0.476. In other words, wages are distributed less evenly in New Jersey in comparison to the national average.

This chart shows the number of workers in New Jersey across various wage buckets compared to the national average.

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Commuter Transportation

Most Common Commute in 2024
  1. Drove Alone (61.9%)
  2. Worked At Home (26.1%)
  3. Public Transit (10.2%)

In 2024, 61.9% of workers in Fanwood, NJ drove alone to work, followed by those who worked at home (26.1%) and those who used public transit to get to work (10.2%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

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Commute Time

41.6 minutes
Average Travel Time

Using averages, employees in Fanwood, NJ have a longer commute time (41.6 minutes) than the normal US worker (26.4 minutes). Additionally, 13.4% of the workforce in Fanwood, NJ have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Fanwood, NJ compares to that of it's neighboring and parent geographies.

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Car Ownership

2 cars
Average Number

The following chart displays the households in Fanwood, NJ distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Fanwood, NJ have 2 cars.

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Poverty & Diversity

0.954% of the population for whom poverty status is determined in Fanwood, NJ (74 out of 7.76k people) live below the poverty line, a number that is lower than the national average of 12.5%. The largest demographic living in poverty are Females 65 - 74, followed by Females 18 - 24 and then Males 45 - 54.

The most common racial or ethnic group living below the poverty line in Fanwood, NJ is White, followed by Black and Hispanic.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

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Health

98.1% of the population of Fanwood, NJ has health coverage, with 73.2% on employee plans, 1.33% on Medicaid, 13.7% on Medicare, 9.82% on non-group plans, and 0.0901% on military or VA plans.

Primary care physicians in New Jersey see 1,279 patients per year on average, which represents a 0% change from the previous year (1,279 patients). Compare this to dentists who see 1157 patients per year, and mental health providers who see 320 patients per year.

By gender, of the total number of insured persons, 48.5% were men and 51.5% were women.

Health Care Diversity

In 2024, insured persons according to age ranges were distributed in 24.7% under 18 years, 13.2% between 18 and 34 years, 44.1% between 35 and 64 years, and 18% over 64 years.

By gender, of the total number of insured persons, 48.5% were men and 51.5% were women.

The following chart shows the number of people with health coverage by gender.

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Uninsured People

1.89%
Uninsured
73.2%
Employer Coverage
1.33%
Medicaid
13.7%
Medicare
9.82%
Non-Group
0.0901%
Military or VA

Between 2023 and 2024, the percent of uninsured citizens in Fanwood, NJ declined by 27.5% from 2.61% to 1.89%.

The following chart shows how the percent of uninsured individuals in Fanwood, NJ changed over time compared with the percent of individuals enrolled in various types of health insurance.

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