According to statistics, the population in Caldwell, NJ amounts to 8,032, which shows decline 1% compared to the previous year. The median age of the city’s residents is 42. The average household income is $85,162, shifting growth 13% from the past year, and the average property value in Caldwell, NJ growth 2% to $431,100 throughout the year.
|Number Of Employees||4,492|
|Median Property Value||$431,100|
The average household income in Caldwell, NJ grew from $75,583 to $85,162 in the past year. This data is an estimate based upon 3,315 households in Caldwell, NJ . The chart below presents how household income is distributed in Caldwell, NJ in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Caldwell, NJ shifted from $423,100 to $431,100 throughout the year. The subsequent graph indicates the share of properties in the given price range in Caldwell, NJ in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Caldwell, NJ properties falls in the '$300,000 to $399,999' range, which is higher than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Caldwell, NJ compared to median property taxes around the country. The prevalent amount of property taxes in Caldwell, NJ equals $3000, which is less than the national average.
During Nov 2022, the average price for an apartment in/near Caldwell, NJ increased by 6.9% to $562,793.
After collecting all data points, we now see that the average price for 1-bed apartment stands at $260,000 with no changes this month. Asking price for 2-bed apartment also increased by 0.5% and a place of this size will now cost you $401,980. A 3-bed apartment goes for $809,000, it increased by 53.8% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 0.6% and made it down to $601,750.
Price reports demonstrate that house price increased by 13.8% this month making it up to $640,778. Condos are really in demand in this season. The median price for a condo increased by 16.2%, it’s now available for $537,450. The price statistics of lofts have not significantly changed, it now still goes for $400,000.