Edgewater is a somewhat small borough located in the state of New Jersey. With a population of 13,364 people and two constituent neighborhoods, Edgewater is the 178th largest community in New Jersey. There's nothing like the smell of a brand new house, and in Edgewater, you'll find that a large proportion of houses were recently built. New growth in residential real estate is an indication that people are choosing to move to Edgewater, and putting down their money on brand new construction. Edgewater’s real estate is, on average, some of the newest in the nation. Edgewater does seem to be experiencing an influx of affluent people, because the median household income is $127,221.00.
Housing costs in Edgewater are among some of the highest in the nation, although real estate prices here don't compare to real estate prices in the most expensive communities in New Jersey.
Edgewater is a decidedly white-collar borough, with fully 92.94% of the workforce employed in white-collar jobs, well above the national average. Overall, Edgewater is a borough of managers, professionals, and sales and office workers. There are especially a lot of people living in Edgewater who work in business and financial occupations (20.81%), management occupations (16.32%), and sales jobs (14.10%).
Also of interest is that Edgewater has more people living here who work in computers and math than 95% of the places in the US.
Of important note, Edgewater is also a borough of artists. Edgewater has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Edgewater’s character.
A relatively large number of people in Edgewater telecommute to their jobs. Overall, about 7.40% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Edgewater, while not large, also appears to be attractive to some younger, educated professionals, who help shape the character of the borough.
In addition to being popular with young singles, Edgewater is also home to many people who can be described as "urban sophisticates". Urban sophisticates are educated, wealthy, executives and professionals, who have urbane tastes in books, food, and travel, whether they actually live in a big city, or choose to reside in a small town. In big or medium-sized cities, urban sophisticates tend to frequent art institutions such as opera, symphonies, ballet, live theatre, and museums.
One downside of living in Edgewater is that it can take a long time to commute to work. In Edgewater, the average commute to work is 40.01 minutes, which is quite a bit higher than the national average. On the other hand, local public transit is widely used in the borough, so leaving the car at home and taking transit is often a viable alternative.
Even though Edgewater is a smaller borough, it has many people who hop on public transportation – mostly the bus for their daily commute to work. Typically, these people are commuting to good jobs in the surrounding cities.
Do you like to read, write and learn? If you move to Edgewater, you'll likely find that many of your neighbors like to as well. Edgewater is one of the more educated communities in America, with a full 73.50% of its adults having a college degree or even advanced degree, compared to a national average across all communities of 21.84%.
The per capita income in Edgewater in 2018 was $70,607, which is wealthy relative to New Jersey and the nation. This equates to an annual income of $282,428 for a family of four.
Edgewater is an extremely ethnically-diverse borough. The people who call Edgewater home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Edgewater residents report their race to be White, followed by Asian. Edgewater also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 13.10% of the borough’s residents. Important ancestries of people in Edgewater include Irish, German, Russian, Italian, and Turkish.
In addition, Edgewater has a lot of people living here who were born outside of the US (45.92%).
The most common language spoken in Edgewater is English. Other important languages spoken here include Korean and Spanish.