Tenafly is a somewhat small borough located in the state of New Jersey. With a population of 14,453 people and two constituent neighborhoods, Tenafly is the 136th largest community in New Jersey.
Tenafly home prices are not only among the most expensive in New Jersey, but Tenafly real estate also consistently ranks among the most expensive in America.
Tenafly is a decidedly white-collar borough, with fully 94.20% of the workforce employed in white-collar jobs, well above the national average. Overall, Tenafly is a borough of professionals, managers, and sales and office workers. There are especially a lot of people living in Tenafly who work in management occupations (20.63%), healthcare (14.24%), and business and financial occupations (12.09%).
Of important note, Tenafly is also a borough of artists. Tenafly has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Tenafly’s character.
Also of interest is that Tenafly has more people living here who work in computers and math than 95% of the places in the US.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 8.51% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. 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.
In addition, Tenafly is home to many people who could be described as "urban sophisticates". Urban sophisticates are people who are both educated and wealthy, and thus tend to be older, richer, and more established than young professionals. "Urban sophisticates" is not just about being educated and well-off financially: it is a point of view and state of mind, one that you might call 'urbaneness'. But such people can and do regularly live in small towns, suburbs and rural areas, as well as in big cities. They read, support the arts and high-end shops, and love travel.
Tenafly is a good choice for families with children because of several factors. Many other families with children live here, making it a place where both parents and children are more likely to develop social ties with other families. The borough’s good public school district and large population of college-educated adults provide an environment conducive to academic success. Many people own their own single-family homes, providing areas for children to play and stability in the community. Finally, Tenafly’s overall crime rate is lower than average for the country.
One downside of living in Tenafly is that it can take a long time to commute to work. In Tenafly, the average commute to work is 39.94 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.
In Tenafly, a lot of people use the bus to get to work every day though Tenafly is a relatively small borough. Those that ride the bus are primarily traveling out of town to good jobs in other cities.
If knowledge is power, Tenafly is a pretty powerful place. 81.66% of the adults in Tenafly have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
The per capita income in Tenafly in 2018 was $72,874, which is wealthy relative to New Jersey and the nation. This equates to an annual income of $291,496 for a family of four.
Tenafly is an extremely ethnically-diverse borough. The people who call Tenafly home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Tenafly residents report their race to be White, followed by Asian. Important ancestries of people in Tenafly include Irish, Italian, English, German, and Eastern European.
Tenafly also has a high percentage of its population that was born in another country: 35.01%.
The most common language spoken in Tenafly is English. Other important languages spoken here include Korean and Spanish.